The Executive received a Rule 22 disclosure indicating that Morgan Stanley Capital Services LLC—a Class (5) associate connected with the potential offeror—executed matched derivative transactions in the shares of Bright Smart Securities & Commodities Group Limited on 13 March 2026.

• Transaction profile – Products: Other derivative instruments linked to Bright Smart shares – Nature: Unsolicited client facilitation, with each sale immediately paired by an equivalent purchase – Reference securities: 624,000 for sales and 624,000 for purchases, spread across four maturities (30 Sep 2027, 30 Nov 2027, 20 Jun 2030) – Aggregate consideration: Approximately $5.66 million for sales and an equal amount for purchases, based on reference prices ranging from $8.5066 to $9.5171 per share

• Resultant position All trades were booked for Morgan Stanley Capital Services LLC’s own account and netted to a resultant balance of zero in Bright Smart-linked derivatives as at the transaction date.

The disclosure forms part of the documentation related to a possible mandatory general offer for Bright Smart (01428). Morgan Stanley Capital Services LLC is ultimately owned by Morgan Stanley.