HKBN Ltd. — Director's Dealing 2025

May 29, 2025

Public Disclosure Form

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

29 May 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	28 May 2025	Derivatives	Other types of products	Issue of a derivative	3,200	16 January 2029	$4.9677	$15,896.6400	22,310,723
		Derivatives	Other types of products	Closing out of a derivative contract	65,500	28 April 2026	$4.8849	$319,963.7000	22,245,223

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..