HKBN Ltd. — Major Shareholding Notification 2024

Nov 22, 2024

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Public Disclosure Form

22 November 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	Party							Highest (H)prices paid/ received	Lowest (L)prices paid/ received
	y	Date	Description	Nature of dealings	Purchase	Total	Total amount	Highest (H
			of relevantsecurities		/ Sale	number ofshares	paid / received	prices paid/ received
						involved
J.P.MorganSecuritiesPLC		21	Other types	Hedging of Delta 1 products created	Purchase	141500	$6304215000	$4450	$4.4500
						,	,.	.
		November2024	of securities(e.g. equityswaps)	as a result of wholly unsolicitedclient-driven orders
			Other types	Hedging of Delta 1 products created	Purchase	205500	$9064084600	$4470	$4.3600
			of securities	as a result of wholly unsolicited		,	,.	.
			(e.g. equity	client-driven orders
			swaps)

End

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Public Disclosure Form

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..