Announcement | U.S. Stock Trading Settlement Cycle to be Shortened to T+1 and Adjustment of SEC Transaction Fee

Dear Valued Customer,

Thank you for using our services! Starting from May 28, 2024, the standard settlement cycle for U.S. stock trading will be shortened from two business days after the trade (T+2) to one business day after the trade (T+1). This new rule aims to enhance the efficiency of the securities market and reduce risks.

Furthermore, the SEC transaction fee (applicable only to the sale of U.S. stocks) will be increased from 0.0008% to 0.00278%, based on the transaction amount. The minimum charge per order of $0.01 will remain unchanged, effective from the trading day of May 20, 2024.

Customers are advised to make appropriate fund arrangements as needed.

Should you have any inquiries, please feel free to call our customer service hotline at: +852 3150 7770/ 3150 7771 (Hong Kong).

Yours sincerely,

Well Link International Securities Limited

(Central Registration Number: ACH191)

May 8, 2024

This notice is computer-generated and does not require signature.