On 9 February 2026, a public disclosure form was filed regarding the proposed privatisation of ENN Energy Holdings Limited by way of a scheme of arrangement. In accordance with Rule 22 of the Hong Kong Code on Takeovers and Mergers, Morgan Stanley & Co., International plc reported transactions in ENN Energy Holdings Limited’s shares on 6 February 2026.

Morgan Stanley & Co., International plc, a Class (5) associate connected with the Offeror and ultimately owned by Morgan Stanley, conducted hedging of Delta 1 products created from wholly unsolicited client-driven orders. These hedging activities included both purchases and sales. The purchase involved 13,600 ordinary shares at prices ranging between HKD 68.00 and HKD 68.80, with a total consideration of HKD 930,473.30. The sale involved 8,400 ordinary shares at prices ranging between HKD 67.95 and HKD 69.10, with a total consideration of HKD 572,523.30.

The dealings reported were made for the account of Morgan Stanley & Co., International plc.