HKBN Ltd. — Director's Dealing 2025

Jun 5, 2025

Public Disclosure Form

SECURITIES AND
FUTURES COMMISSION
證券及期貨事務監察委員會

5 June 2025

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	4 June 2025	Derivatives	Other types of products	Issue of a derivative	4,200	16 January 2029	$4.9531	$20,803.0200	22,168,223
		Derivatives	Other types of products	Closing out of a derivative contract	100,000	28 April 2026	$4.9349	$493,492.1000	22,068,223
		Derivatives	Other types of products	Closing out of a derivative contract	94,500	28 April 2026	$4.9349	$466,350.0300	21,973,723

End

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SFC 證監會

Public Disclosure Form

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..