HKBN Ltd. — Director's Dealing 2024

Nov 22, 2024

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Public Disclosure Form

22 November 2024

Possible voluntary general offer

Disclosure of dealings in the shares of HKBN LTD.

The Executive received the following disclosure of securities dealings pursuant to Rule 22 of the Hong Kong Code on Takeovers and Mergers:

Party	Date	Description of relevant securities	Description of products	Nature of dealings	Number of reference securities to which the derivatives relate	Maturity date / closing out date	Reference price	Total amount paid / received	Resultant balance (including those of any person with whom there is an agreement or understanding)
J.P. Morgan Securities PLC	21 November 2024	Derivatives	Other types of products	Closing out of a derivative contract	2,000	31 January 2025	$4.4116	$8,823.2000	17,441,559
		Derivatives	Other types of products	Closing out of a derivative contract	3,000	31 January 2025	$4.4116	$13,234.8000	17,444,559
		Derivatives	Other types of products	Closing out of a derivative contract	4,000	31 January 2025	$4.4116	$17,646.4000	17,448,559
		Derivatives	Other types of products	Closing out of a derivative contract	15,000	31 January 2025	$4.4116	$66,174.0000	17,463,559

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Public Disclosure Form

		Derivatives	Other types of products	Closing out of a derivative contract	26,500	31 January 2025	$4.4116	$116,907.4000	17,490,059
		Derivatives	Other types of products	Closing out of a derivative contract	39,500	31 January 2025	$4.4116	$174,258.2000	17,529,559
		Derivatives	Other types of products	Closing out of a derivative contract	115,500	31 January 2025	$4.4116	$509,539.8000	17,645,059
		Derivatives	Other types of products	Issue of a derivative	141,500	28 April 2026	$4.4555	$630,452.9700	17,786,559

End

Note:

J.P. Morgan Securities PLC is a Class (5) associate connected with the Offeree company. Dealings were made for its own account.

J.P. Morgan Securities PLC is ultimately owned by JPMorgan Chase & Co..