HKBN Ltd. — M&A Activity 2024

Dec 23, 2024

Public Disclosure Form

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

23 December 2024

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
Merrill Lynch International	20 December 2024	Ordinary shares	Hedging of Delta 1 products created as a result of wholly unsolicited client-driven orders	Purchase	35,000	$177,565.0000	$5.1000	$5.0500

End

Note:
Merrill Lynch International is an exempt principal trader connected with the Offeror.
Dealings were made for its own account.
Merrill Lynch International is ultimately owned by Bank of America Corporation.