HKBN Ltd. — Director's Dealing 2025

Mar 20, 2025

Public Disclosure Form

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

20 March 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	19 March 2025	Derivatives	Other types of products	Issue of a derivative	65,500	10 February 2026	$5.2016	$340,704.8000	17,765,412
		Derivatives	Other types of products	Issue of a derivative	500	10 February 2026	$5.2016	$2,600.8000	17,765,912
		Derivatives	Other types of products	Closing out of a derivative contract	500	10 April 2026	$5.1840	$2,592.0000	17,765,412
		Derivatives	Other types of products	Issue of a derivative	87,700	16 January 2029	$5.2031	$456,311.8700	17,853,112

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SFC 證監會
Public Disclosure Form

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..