Kerry Logistics Network : Disclosure of Dealings under Rule 22 of the Takeovers Code

Public Disclosure Form

22 April 2021

Partial offer

Disclosure of dealings in the shares of Kerry Logistics Network Limited

The Executive received the following disclosure of securities dealings pursuant to Rule 22 of the Hong Kong Code on Takeovers and Mergers:

Party	Date	Description of	Nature of dealings	Purchase /	Total	Total amount	Highest (H)	Lowest (L)
		relevant		Sale	number of	paid / received	prices paid	prices paid
		securities			shares		/ received	/ received
					involved
J.P. Morgan	21 April	Other types of	Hedging of Delta 1 products	Sale	2,000	$46,219.8100	$23.1500	$23.1000
Securities PLC	2021	securities (e.g.	created as a result of wholly
		equity swaps)	unsolicited client-driven orders
		Other types of	Hedging of Delta 1 products	Purchase	19,500	$451,956.9000	$23.2500	$23.0500
		securities (e.g.	created as a result of wholly
		equity swaps)	unsolicited client-driven orders
		Other types of	Hedging of Delta 1 products	Sale	3,000	$69,367.7000	$23.1500	$23.1500
		securities (e.g.	created as a result of wholly
		equity swaps)	unsolicited client-driven orders
		Other types of	Hedging of Delta 1 products	Sale	2,000	$46,244.8000	$23.1500	$23.1500
		securities (e.g.	created as a result of wholly
		equity swaps)	unsolicited client-driven orders

Public Disclosure Form

		Other types of	Hedging of Delta 1 products	Purchase	1,000	$23,178.1100	$23.1500	$23.1500
		securities (e.g.	created as a result of wholly
		equity swaps)	unsolicited client-driven orders
		Other types of	Hedging of Delta 1 products	Purchase	4,500	$104,348.4400	$23.2500	$23.1000
		securities (e.g.	created as a result of wholly
		equity swaps)	unsolicited client-driven orders
		Other types of	Hedging of Delta 1 products	Purchase	21,500	$499,037.2300	$23.2500	$23.0500
		securities (e.g.	created as a result of wholly
		equity swaps)	unsolicited client-driven orders

End

Note:

J.P. Morgan Securities PLC is a Class (5) associate connected with the Offeror.

Dealings were made for its own account.

J.P. Morgan Securities PLC is ultimately owned by JPMorgan Chase & Co.