The position of the ring is noted.

But as to the offer—

“That’s kind, but no.”

It’s kind, but it feels like stalling. A diversion from their earlier conversation, which has not been ended, only minorly delayed.

The following look is expectant. Bastien asked him here for some reason. If it’s to simply hand over the ring, Ellis will be happy to take it and excuse himself. Otherwise, they may as well continue.