Goldman Sachs (Asia) L.L.C., on behalf of The Goldman Sachs Group, Inc. and affiliates, has disclosed a series of transactions involving derivatives related to shares of Hang Seng Bank Ltd. On 28 October 2025, the firm entered into a derivative contract referencing 14,300 shares, with a maturity date of 25 September 2026 and a total amount paid of $2,172,007.44, resulting in a balance of 224,643 shares. Additionally, the firm closed out a derivative contract for 200 shares maturing on 3 April 2034, with a total amount received of $30,396.74, leaving a resultant balance of 200 shares. The firm also exercised rights under derivative contracts for 214 shares maturing on 22 April 2026 ($24,057.52 paid, balance 24,824 shares) and for 220 shares maturing on 7 August 2026 ($27,506.29 paid, balance 41,580 shares).