Bright Smart Securities & Commodities Group Limited reported to the Hong Kong Takeovers Executive that Morgan Stanley & Co. International plc, classified as a Class (5) associate of the potential offeror, disposed of 4,000 ordinary shares on 14 April 2026.

The transaction was executed for Morgan Stanley & Co. International plc’s own account as a hedge against Delta-1 products created from wholly unsolicited, client-driven orders. All shares were sold at HK$12.38 apiece, resulting in total proceeds of HK$49,520.00 (approximately HK$0.05 million).

The disclosure forms part of the ongoing monitoring requirements under Rule 22 of the Hong Kong Code on Takeovers and Mergers in connection with a possible mandatory general offer for Bright Smart. Morgan Stanley & Co. International plc is ultimately owned by Morgan Stanley.