HKBN Ltd. — Director's Dealing 2025

May 21, 2025

Public Disclosure Form

SECURITIES AND

FUTURES COMMISSION

證券及期貨事務監察委員會

21 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	Nature of dealings	Purchase / Sale	Total number of shares involved	Total amount paid / received	Highest (H) prices paid / received	Lowest (L) prices paid / received
Citigroup Global Markets Inc.	20 May 2025	Ordinary shares	Hedging related to dealing in pre-existing index-tracking ETFs	Purchase	4,000	$20,400.0000	$5.1000	$5.1000

End

Note:

Citigroup Global Markets Inc. is a Class (5) associate connected with the Offeror.

Dealings were made for its own account.

Citigroup Global Markets Inc. is ultimately owned by Citigroup Inc..