On 4 February 2026, the Executive received disclosure pursuant to Rule 22 of the Hong Kong Code on Takeovers and Mergers regarding dealings in the shares of Bright Smart Securities & Commodities Group Limited. Morgan Stanley & Co., International plc reported two transactions on 3 February 2026 involving ordinary shares. Both dealings arose from hedging Delta 1 products created by wholly unsolicited client-driven orders.

The first transaction involved a purchase of 474,000 shares at a total consideration of US$4,090,842.30, with the highest paid price at US$8.82 and the lowest at US$8.49. The second transaction involved a sale of 2,000 shares at a total consideration of US$17,040 at a traded price of US$8.52. Morgan Stanley & Co., International plc is a Class (5) associate connected with the Offeror and completed these dealings for its own account. It is ultimately owned by Morgan Stanley.