HKBN Ltd. — Director's Dealing 2025

Apr 10, 2025

Public Disclosure Form

SECURITIES AND

FUTURES COMMISSION

證券及期貨事務監察委員會

10 April 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
J.P. Morgan Securities PLC	9 April 2025	Other types of securities (e.g. equity swaps)	Hedging of Delta 1 products created as a result of wholly unsolicited client-driven orders	Purchase	74,000	$371,480.0000	$5.0200	$5.0200
		Other types of securities (e.g. equity swaps)	Hedging of Delta 1 products created as a result of wholly unsolicited client-driven orders	Purchase	17,500	$87,500.0000	$5.0000	$5.0000
		Other types of securities (e.g. equity swaps)	Hedging of Delta 1 products created as a result of wholly unsolicited client-driven orders	Sale	180,000	$901,800.0000	$5.0100	$5.0100
		Other types of securities (e.g. equity swaps)	Hedging of Delta 1 products created as a result of wholly unsolicited client-driven orders	Purchase	97,500	$491,474.9800	$5.0800	$4.9600

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SFC

證監會

Public Disclosure Form

		Index related products	Dealing in a derivative which is referenced to a basket or index including relevant securities which represent less than 1% of the class in issue and less than 20% of the value of the securities in the basket or index	Purchase	13,000	$65,910.0000	$5.0700	$5.0700

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..