Hong Kong, 13 March 2026—Bright Smart Securities & Commodities Group Limited (01428.HK) today received a disclosure from Morgan Stanley Capital Services LLC (MSCS) detailing same-day purchases and sales of derivative contracts linked to Bright Smart shares, filed under Rule 22 of the Hong Kong Code on Takeovers and Mergers in connection with a possible mandatory general offer.

Transaction summary (12 March 2026): • MSCS executed four unsolicited client-facilitation purchases and four matching sales of “other-type” derivative products tied to Bright Smart shares. • Each purchase was offset by an identical sale, resulting in a net position of zero. • Aggregate notional value on both the buy and sell sides reached HK$3.62 million. • Reference prices ranged from HK$6.91 to HK$6.97 per share. • Contract reference quantities were 2,000; 102,000; 204,000; and 212,000 shares, with maturities between 18 May 2026 and 30 November 2027.

Corporate context: MSCS is classified as a Class (5) associate of the potential offeror under the Takeovers Code and executed all trades for its own account. The disclosure fulfills reporting obligations triggered by ongoing considerations of a mandatory general offer for Bright Smart.

As at the close of the reported dealings, MSCS and its concert parties held no outstanding derivative exposure or physical shareholding in Bright Smart.

End of disclosure.