On 5 February 2026, the Executive published a disclosure under Rule 22 of the Hong Kong Code on Takeovers and Mergers concerning dealings in the shares of Bright Smart Securities & Commodities Group Limited. The document highlighted transactions by Morgan Stanley Capital Services LLC, which is a Class (5) associate connected with the Offeror and is ultimately owned by Morgan Stanley.

According to the disclosure, Morgan Stanley Capital Services LLC executed two sets of derivative trades on 4 February 2026, involving 6,000 reference securities each and maturing on 30 October 2026. Both the sale and purchase transactions were priced at US$8.5433 per share for a total of US$51,259.80 each, with resultant balances at zero.

A further two sets of derivative trades were made for 154,000 reference securities each, maturing on 30 November 2027. Both the sale and purchase transactions were priced at US$8.5533 per share for a total of US$1,317,205.1215 each, also resulting in zero balances.

All dealings were conducted for Morgan Stanley Capital Services LLC’s own account, and no other positions remain in the relevant securities after these transactions.