HKBN Ltd. — Director's Dealing 2025

Mar 6, 2025

SECURITIES AND

FUTURES COMMISSION

證券及期貨事務監察委員會

Public Disclosure Form

6 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	5 March 2025	Derivatives	Other types of products	Issue of a derivative	27,500	10 February 2026	$5.1279	$141,017.2500	16,933,925
		Derivatives	Other types of products	Issue of a derivative	500	27 February 2026	$5.1470	$2,573.5000	16,934,425
		Derivatives	Other types of products	Issue of a derivative	28,500	16 January 2029	$5.1283	$146,156.5500	16,962,925
		Derivatives	Other types of products	Issue of a derivative	400	16 January 2029	$5.1283	$2,051.3200	16,963,325
		Derivatives	Other types of products	Issue of a derivative	9,000	8 April 2026	$5.1300	$46,170.0000	16,972,325

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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..