UBS AG, an exempt principal trader connected with ENN Energy, reported a series of hedging trades in the company’s ordinary shares on 9 June 2026, executed to manage Delta 1 and other equity-related products created from wholly unsolicited client-driven orders. The disclosure was made under Rule 22 of the Hong Kong Code on Takeovers and Mergers, amid ENN Energy’s ongoing privatisation by scheme of arrangement.

UBS AG purchased 22,800 ENN Energy shares for approximately $1.18 million at prices ranging from $50.81 to $51.88. On the same day, it sold a total of 63,900 shares through two transactions: 62,200 shares for about $3.21 million (price range: $51.55 to $51.65) and 1,700 shares for roughly $0.09 million at $50.45.

The net result was a disposal of 41,100 shares, reflecting UBS AG’s ongoing delta-hedging activities related to client-initiated products. All dealings were conducted for UBS AG’s own account. UBS AG is ultimately owned by UBS Group AG.