Form 4 Filing by Wang Bingzhong

On September 28, 2026, Wang Bingzhong, CEO, Director, and 10% owner of Metalpha Technology Holding Ltd (MATH), acquired 1,000,000 Restricted Share Units (RSUs) and his spouse acquired 727,000 RSUs. These RSUs, granted under the Company's Amended and Restated 2024 Share Incentive Plan, represent contingent rights to receive ordinary shares. The RSUs vest in four equal installments starting September 29, 2027, and fully vest by September 29, 2030, contingent upon continued service. The acquisition was made without additional consideration. Wang Bingzhong disclaims beneficial ownership of the RSUs held by his spouse, except to the extent of his pecuniary interest.