# HSBC Holdings plc
Main features of regulatory capital instruments and eligible instruments
30 June 2025

HSBC

Page 1

HSBC Holdings plc
Main features of regulatory capital instruments and eligible instruments

This document supplements the HSBC Holdings plc Pillar 3 Disclosures as at 30 June 2025 (the "Pillar 3 Disclosures"),
available at www.hsbc.com (please follow links to 'Investors', 'Results and announcements' and 'All reporting'). This
document is a disclosure document published as required by, and solely for the purpose of compliance with, Articles
437(b) and 437a(a) of The PRA Rulebook Disclosure (CRR) Part, to provide a description of the main features of the
capital instruments and eligible liabilities of HSBC Holdings plc and certain subsidiaries of the HSBC Group. "HSBC
Group" means HSBC Holdings plc, together with its consolidated subsidiaries.

The information contained in this document has been compiled in accordance with CRR II (as defined in the Pillar 3
Disclosures), and regulatory guidance published by the UK Prudential Regulatory Authority and the Bank of England.
Assumptions on the regulatory treatment of the capital instruments and eligible liabilities described herein under CRR II
reflect the HSBC Group's interpretation of current rules.

Following the end of the transition period following the UK's withdrawal from the EU, any reference herein to EU
regulations and directives (including technical standards) should, as applicable, be read as a reference to the UK's
version of such regulations and/or directives, as onshored into UK law under the European Union (Withdrawal) Act 2018
and as may be subsequently amended under UK law.

Disclosure in the required format has resulted in simplification and abbreviation of the features of the capital instruments
and eligible liabilities described herein. The information contained in this document is not intended to be a
comprehensive description of such capital instruments and eligible liabilities. No investor or prospective investor in any
such capital instruments and eligible liabilities should rely upon the description contained in this document and none of
HSBC Holdings plc or any member of the HSBC Group shall be liable for any inaccuracy or misstatement contained in
this document.

The full terms and conditions of the capital instruments and eligible liabilities, described herein, are available via the
HSBC Group website (http://www.hsbc.com/investor-relations/fixed-income-securities) or by contacting HSBC Group
Investor Relations (investorrelations@hsbc.com).

Information with respect to any capital instrument or eligible liability in this document should not be used for investment
advice and does not constitute an offer to sell or solicitation of an offer to buy any such capital instrument or eligible
liability or any advice or recommendation with respect to any such capital instrument or eligible liability. When making a
decision about your investments, you should seek the advice of a professional financial adviser.

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| Counts towards own funds and MREL requirements: CET1 | HSBC Holdings plc | Hang Seng Bank Limited (Non-Controlling Interest portion) | HSBC Bank Malta plc (Non-Controlling Interest portion) |
| :--- | :--- | :--- | :--- |
| **1 Issuer** | HSBC Holdings plc | Hang Seng Bank Limited (Non-Controlling Interest portion) | HSBC Bank Malta plc (Non-Controlling Interest portion) |
| **2 Unique identifier (eg CUSIP, ISIN or Bloomberg identifier for private placement)** | GB0005405286 | HK0011000095 | MT0000030107 |
| **2a Public or private placement** | Public | Public | Public |
| **3 Governing law(s) of the instrument** | English law | Laws of Hong Kong | Laws of Malta |
| **3a Contractual recognition of write down and conversion powers of resolution authorities** | N/A | N/A | N/A |
| **4 Regulatory treatment** | | | |
| **5 Current treatment taking into account, where applicable, transitional CRR rules** | Common Equity Tier 1 | Common Equity Tier 1 | Common Equity Tier 1 |
| **5a Post-transitional CRR rules** | Common Equity Tier 1 | Common Equity Tier 1 | Common Equity Tier 1 |
| **6 Eligible at solo/(sub-)consolidated/ solo&(sub-)consolidated** | Solo and Consolidated | Solo and Consolidated | Solo and Consolidated |
| **7 Instrument type (types to be specified by each jurisdiction)** | Ordinary Shares | Ordinary Shares | Ordinary Shares |
| **8 Amount recognised in regulatory capital or eligible liabilities (Currency in million, as of most recent reporting date)¹** | USD 23,578m | USD 455m | USD 38m |
| **9 Nominal amount of instrument** | USD 8,708m | No par value, NCI portion of share capital - HKD 3,569m (USD 455m) | EUR 32m (USD 38m) |
| **UK-9a Issue price** | USD 0.500 per share | Various | EUR 0.300 per share |
| **UK-9b Redemption price** | USD 0.500 per share | Various | EUR 0.300 per share |
| **10 Accounting classification** | Shareholders' equity | Non-controlling interest in consolidated subsidiary | Non-controlling interest in consolidated subsidiary |
| **11 Original date of issuance** | | | |
| **12 Perpetual or dated** | Perpetual | Perpetual | Perpetual |
| **13 Original maturity date** | | | |
| **14 Issuer call subject to prior supervisory approval** | | | |
| **15 Optional call date, contingent call dates and redemption amount** | | | |
| **16 Subsequent call dates, if applicable** | | | |
| **Coupons/dividends** | | | |
| **17 Fixed or floating dividend/coupon** | | | |
| **18 Coupon rate and any related index** | | | |
| **19 Existence of a dividend stopper** | | | |
| **UK-20a Fully discretionary, partially discretionary or mandatory (in terms of timing)** | | | |
| **UK-20b Fully discretionary, partially discretionary or mandatory (in terms of amount)** | | | |
| **21 Existence of step up or other incentive to redeem** | | | |
| **22 Non-cumulative or cumulative** | Non-cumulative | Non-cumulative | Non-cumulative |
| **23 Convertible or non-convertible** | Non-convertible | Non-convertible | Non-convertible |
| **24 If convertible, conversion trigger(s)** | N/A | N/A | N/A |
| **25 If convertible, fully or partially** | N/A | N/A | N/A |
| **26 If convertible, conversion rate** | N/A | N/A | N/A |
| **27 If convertible, mandatory or optional conversion** | N/A | N/A | N/A |
| **28 If convertible, specify instrument type convertible into** | N/A | N/A | N/A |
| **29 If convertible, specify issuer of instrument it converts into** | N/A | N/A | N/A |
| **30 Write-down features** | - | - | - |
| **31 If write-down, write-down trigger(s)** | N/A | N/A | N/A |
| **32 If write-down, full or partial** | N/A | N/A | N/A |
| **33 If write-down, permanent or temporary** | N/A | N/A | N/A |
| **34 If temporary write-down, description of write-up mechanism** | N/A | N/A | N/A |
| **34a Type of subordination (only for eligible liabilities)** | N/A | N/A | N/A |
| **UK-34b Ranking of the instrument in normal insolvency proceedings²** | 1 - Ordinary Shares | 1 - Ordinary Shares | 1 - Ordinary Shares |
| **35 Position in subordination hierarchy in liquidation (specify instrument type immediately senior to instrument)** | Immediately subordinate to Additional Tier 1 | Immediately subordinate to Additional Tier 1 | Immediately subordinate to Additional Tier 1 |
| **36 Non-compliant transitioned features** | No | No | No |
| **37 If yes, specify non-compliant features** | N/A | N/A | N/A |
| **37a Link to the full terms and conditions of the instrument (signposting)** | Available on request | Available on request | Available on request |

¹ Represents the portion of ordinary share capital and share premium which is held outside of the consolidated reporting entity.
² Insolvency ranking information aligns with the creditor ranking tables included within HSBC Group's TLAC2/TLAC3 Pillar 3 disclosures, where applicable.

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| Counts towards own funds and MREL requirements: AT1 | HSBC Holdings plc | HSBC Holdings plc | HSBC Holdings plc | HSBC Holdings plc |
| :--- | :--- | :--- | :--- | :--- |
| **1 Issuer** | HSBC Holdings plc | HSBC Holdings plc | HSBC Holdings plc | HSBC Holdings plc |
| **2 Unique identifier (eg CUSIP, ISIN or Bloomberg identifier for private placement)** | US404280BL25 | XS1640903701 | US404280BP39 | XS1884698256 |
| **2a Public or private placement** | Public | Public | Public | Public |
| **3 Governing law(s) of the instrument** | Laws of the State of New York, save for the subordination provision | English law | Laws of the State of New York, save for the subordination provision | Laws of the State of New York, save for the subordination provision |
| **3a Contractual recognition of write down and conversion powers of resolution authorities** | Yes | No | Yes | Yes |
| **4 Regulatory treatment** | | | | |
| **5 Current treatment taking into account, where applicable, transitional CRR rules** | Additional Tier 1 | Additional Tier 1 | Additional Tier 1 | Additional Tier 1 |
| **5a Post-transitional CRR rules** | Additional Tier 1 | Additional Tier 1 | Additional Tier 1 | Additional Tier 1 |
| **6 Eligible at solo/(sub-)consolidated/ solo&(sub-)consolidated** | Consolidated | Consolidated | Consolidated | Consolidated |
| **7 Instrument type (types to be specified by each jurisdiction)** | Perpetual Subordinated Contingent Convertible Securities | Perpetual Subordinated Contingent Convertible Securities | Perpetual Subordinated Contingent Convertible Securities | Perpetual Subordinated Contingent Convertible Securities |
| **8 Amount recognised in regulatory capital or eligible liabilities (Currency in million, as of most recent reporting date)¹** | USD 3,000m | USD 1,421m | USD 1,800m | USD 1,301m |
| **9 Nominal amount of instrument** | USD 3,000m | EUR 1,250m (USD 1,467m) | USD 1,800m | GBP 1,000m (USD 1,370m) |
| **UK-9a Issue price** | 100.000% | 100.000% | 100.000% | 100.000% |
| **UK-9b Redemption price** | 100.000% | 100.000% | 100.000% | 100.000% |
| **10 Accounting classification** | Shareholders' equity | Shareholders' equity | Shareholders' equity | Shareholders' equity |
| **11 Original date of issuance** | 22 May 2017 | 04 Jul 2017 | 23 Mar 2018 | 28 Sep 2018 |
| **12 Perpetual or dated** | Perpetual | Perpetual | Perpetual | Perpetual |
| **13 Original maturity date** | | | | |
| **14 Issuer call subject to prior supervisory approval** | Yes | Yes | Yes | Yes |
| **15 Optional call date, contingent call dates and redemption amount** | Every 5 years after first call | Every 5 years after first call | Every 5 years after first call | Every 5 years after first call |
| **16 Subsequent call dates, if applicable** | 22 May 2027 / Tax or Capital disqualification event at any time / Par | 04 Jul 2029 / Tax or Capital disqualification event at any time / Par | 23 Mar 2028 / Tax or Capital disqualification event at any time / Par | 28 Sep 2026 / Tax or Capital disqualification event at any time / Par |
| **Coupons / dividends** | | | | |
| **17 Fixed or floating dividend/coupon** | Fixed to floating | Fixed to floating | Fixed to floating | Fixed to floating |
| **18 Coupon rate and any related index** | From 22/05/2027 rate resets from fixed 6.000% to 5 year USD Mid-Market Swap Rate + 3.746%, resettable every 5 years. | From 04/07/2029 rate resets from fixed 4.750% to 5 year EUR Mid-Market Swap Rate + 3.844%, resettable every 5 years. | From 23/03/2028 rate resets from fixed 6.500% to 5 year USD Mid-Market Swap Rate + 3.606%, resettable every 5 years. | From 28/09/2026 rate resets from fixed 5.875% to 5 year GBP Mid-Market Swap Rate + 4.276%, resettable every 5 years. |
| **19 Existence of a dividend stopper** | No | Yes | Yes | Yes |
| **UK-20a Fully discretionary, partially discretionary or mandatory (in terms of timing)** | Fully Discretionary | Fully Discretionary | Fully Discretionary | Fully Discretionary |
| **UK-20b Fully discretionary, partially discretionary or mandatory (in terms of amount)** | Fully Discretionary | Fully Discretionary | Fully Discretionary | Fully Discretionary |
| **21 Existence of step up or other incentive to redeem** | No | No | No | No |
| **22 Non-cumulative or cumulative** | Non-cumulative | Non-cumulative | Non-cumulative | Non-cumulative |
| **23 Convertible or non-convertible** | Convertible | Convertible | Convertible | Convertible |
| **24 If convertible, conversion trigger(s)** | 7% CET1: Contractual. Triggers to statutory bail-in power and mandatory write-down/conversion of capital instruments power under UK Banking Act 2009 - UK BOE/PRA - Contractual recognition | 7% CET1: Contractual. Triggers to statutory bail-in power and mandatory write-down/conversion of capital instruments power under UK Banking Act 2009 - UK BoE/PRA - Contractual recognition | 7% CET1: Contractual. Triggers to statutory bail-in power and mandatory write-down/conversion of capital instruments power under UK Banking Act 2009 - UK BOE/PRA | 7% CET1: Contractual. Triggers to statutory bail-in power and mandatory write-down/conversion of capital instruments power under UK Banking Act 2009 - UK BOE/PRA - Contractual recognition |
| **25 If convertible, fully or partially** | Always convert fully | Always convert fully | Always convert fully | Always convert fully |
| **26 If convertible, conversion rate** | USD 3.4799 per Conversion Share | EUR 3.05451 per Conversion Share | USD 3.7881 per Conversion Share | GBP 2.70 per Conversion Share |
| **27 If convertible, mandatory or optional conversion** | Mandatory upon the occurrence of certain events | Mandatory upon the occurrence of certain events | Mandatory upon the occurrence of certain events | Mandatory upon the occurrence of certain events |
| **28 If convertible, specify instrument type convertible into** | Common Equity Tier 1 | Common Equity Tier 1 | Common Equity Tier 1 | Common Equity Tier 1 |
| **29 If convertible, specify issuer of instrument it converts into** | HSBC Holdings plc | HSBC Holdings plc | HSBC Holdings plc | HSBC Holdings plc |
| **30 Write-down features** | Yes | Yes | Yes | Yes |
| **31 If write-down, write-down trigger(s)** | N/A | N/A | N/A | N/A |
| **32 If write-down, full or partial** | May be written down partially | May be written down partially | May be written down partially | May be written down partially |
| **33 If write-down, permanent or temporary** | Permanent | Permanent | Permanent | Permanent |
| **34 If temporary write-down, description of write-up mechanism** | N/A | N/A | N/A | N/A |
| **34a Type of subordination (only for eligible liabilities)** | N/A | N/A | N/A | N/A |
| **UK-34b Ranking of the instrument in normal insolvency proceedings²** | 2- Preference shares, AT1 instruments and certain Subordinated Notes | 2- Preference shares, AT1 instruments and certain Subordinated Notes | 2- Preference shares, AT1 instruments and certain Subordinated Notes | 2- Preference shares, AT1 instruments and certain Subordinated Notes |
| **35 Position in subordination hierarchy in liquidation (specify instrument type immediately senior to instrument)** | Immediately subordinate to Tier 2 instruments | Immediately subordinate to Tier 2 instruments | Immediately subordinate to Tier 2 instruments | Immediately subordinate to Tier 2 instruments |
| **36 Non-compliant transitioned features** | No | No | No | No |
| **37 If yes, specify non-compliant features** | N/A | N/A | N/A | N/A |
| **37a Link to the full terms and conditions of the instrument (signposting)** | Available on request | Available on request | Available on request | Available on request |

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| Counts towards own funds and MREL requirements: AT1 | HSBC Holdings pic | HSBC Holdings plc | HSBC Holdings plc | HSBC Holdings plc |
| :--- | :--- | :--- | :--- | :--- |
| **1 Issuer** | HSBC Holdings pic | HSBC Holdings plc | HSBC Holdings plc | HSBC Holdings plc |
| **2 Unique identifier (eg CUSIP, ISIN or Bloomberg identifier for private placement)** | US404280CN71 | US404280CP20 | US404280CQ03 | US404280DT33 |
| **2a Public or private placement** | Public | Public | Public | Public |
| **3 Governing law(s) of the instrument** | Laws of the State of New York, save for the subordination provision | Laws of the State of New York, save for the subordination provision | Laws of the State of New York, save for the subordination provision | Laws of the State of New York, save for the subordination provision |
| **3a Contractual recognition of write down and conversion powers of resolution authorities** | Yes | Yes | Yes | Yes |
| **4 Regulatory treatment** | | | | |
| **5 Current treatment taking into account, where applicable, transitional CRR rules** | Additional Tier 1 | Additional Tier 1 | Additional Tier 1 | Additional Tier 1 |
| **5a Post-transitional CRR rules** | Additional Tier 1 | Additional Tier 1 | Additional Tier 1 | Additional Tier 1 |
| **6 Eligible at solo/(sub-)consolidated/ solo&(sub-)consolidated** | Consolidated | Consolidated | Consolidated | Consolidated |
| **7 Instrument type (types to be specified by each jurisdiction)** | Perpetual Subordinated Contingent Convertible Securities | Perpetual Subordinated Contingent Convertible Securities | Perpetual Subordinated Contingent Convertible Securities | Perpetual Subordinated Contingent Convertible Securities |
| **8 Amount recognised in regulatory capital or eligible liabilities (Currency in million, as of most recent reporting date)¹** | USD 1,500m | USD 1,000m | USD 1,000m | USD 1,996m |
| **9 Nominal amount of instrument** | USD 1,500m | USD 1,000m | USD 1,000m | USD 2,000m |
| **UK-9a Issue price** | 100.000% | 100.000% | 100.000% | 100.000% |
| **UK-9b Redemption price** | 100.000% | 100.000% | 100.000% | 100.000% |
| **10 Accounting classification** | Shareholders' equity | Shareholders' equity | Shareholders' equity | Shareholders' equity |
| **11 Original date of issuance** | 17 Dec 2020 | 09 Mar 2021 | 09 Mar 2021 | 07 Mar 2023 |
| **12 Perpetual or dated** | Perpetual | Perpetual | Perpetual | Perpetual |
| **13 Original maturity date** | | | | |
| **14 Issuer call subject to prior supervisory approval** | Yes | Yes | Yes | Yes |
| **15 Optional call date, contingent call dates and redemption amount** | From 6 months prior to 17 Jun 2031 / Tax or Capital disqualification event at any time / Par | From 6 months prior to 09 Sep 2026 / Tax or Capital disqualification event at any time / Par | From 6 months prior to 09 Sep 2031 / Tax or Capital disqualification event at any time / Par | From 6 months prior to 07 Sep 2028 / Tax or Capital disqualification event at any time / Par |
| **16 Subsequent call dates, if applicable** | Every 5 years after first call | Every 5 years after first call | Every 5 years after first call | Every 5 years after first call |
| **Coupons / dividends** | | | | |
| **17 Fixed or floating dividend/coupon** | Fixed to floating | Fixed to floating | Fixed to floating | Fixed to floating |
| **18 Coupon rate and any related index** | From 17/06/2031 rate resets from fixed 4.600% to U.S. Treasury Rate ("UST") + 3.649%, resettable every 5 years. | From 09/09/2026 rate resets from fixed 4.000% to U.S. Treasury Rate ("UST") + 3.222%, resettable every 5 years. | From 09/09/2031 rate resets from fixed 4.700% to U.S. Treasury Rate ("UST") + 3.250%, resettable every 5 years. | From 07/09/2028 rate resets from fixed 8.000% to U.S. Treasury Rate ("UST") + 3.858%, resettable every 5 years. |
| **19 Existence of a dividend stopper** | No | Yes | No | No |
| **UK-20a Fully discretionary, partially discretionary or mandatory (in terms of timing)** | Fully Discretionary | Fully Discretionary | Fully Discretionary | Fully Discretionary |
| **UK-20b Fully discretionary, partially discretionary or mandatory (in terms of amount)** | Fully Discretionary | Fully Discretionary | Fully Discretionary | Fully Discretionary |
| **21 Existence of step up or other incentive to redeem** | No | No | No | No |
| **22 Non-cumulative or cumulative** | Non-cumulative | Non-cumulative | Non-cumulative | Non-cumulative |
| **23 Convertible or non-convertible** | Convertible | Convertible | Convertible | Convertible |
| **24 If convertible, conversion trigger(s)** | 7% CET1: Contractual. Triggers to statutory bail-in power and mandatory write-down/conversion of capital instruments power under UK Banking Act 2009 - UK BOE/PRA - Contractual recognition | 7% CET1: Contractual. Triggers to statutory bail-in power and mandatory write-down/conversion of capital instruments power under UK Banking Act 2009 - UK BOE/PRA - Contractual recognition | 7% CET1: Contractual. Triggers to statutory bail-in power and mandatory write-down/conversion of capital instruments power under UK Banking Act 2009 - UK BOE/PRA - Contractual recognition | 7% CET1: Contractual. Triggers to statutory bail-in power and mandatory write-down/conversion of capital instruments power under UK Banking Act 2009 - UK BOE/PRA - Contractual recognition |
| **25 If convertible, fully or partially** | Always convert fully | Always convert fully | Always convert fully | Always convert fully |
| **26 If convertible, conversion rate** | USD 3.4799 per Conversion Share | USD 3.7703 per Conversion Share | USD 3.7703 per Conversion Share | USD 3.2554 per Conversion Share |
| **27 If convertible, mandatory or optional conversion** | Mandatory upon the occurrence of certain events | Mandatory upon the occurrence of certain events | Mandatory upon the occurrence of certain events | Mandatory upon the occurrence of certain events |
| **28 If convertible, specify instrument type convertible into** | Common Equity Tier 1 | Common Equity Tier 1 | Common Equity Tier 1 | Common Equity Tier 1 |
| **29 If convertible, specify issuer of instrument it converts into** | HSBC Holdings plc | HSBC Holdings plc | HSBC Holdings plc | HSBC Holdings plc |
| **30 Write-down features** | Yes | Yes | Yes | Yes |
| **31 If write-down, write-down trigger(s)** | N/A | N/A | N/A | N/A |
| **32 If write-down, full or partial** | May be written down partially | May be written down partially | May be written down partially | May be written down partially |
| **33 If write-down, permanent or temporary** | Permanent | Permanent | Permanent | Permanent |
| **34 If temporary write-down, description of write-up mechanism** | N/A | N/A | N/A | N/A |
| **34a Type of subordination (only for eligible liabilities)** | N/A | N/A | N/A | N/A |
| **UK-34b Ranking of the instrument in normal insolvency proceedings²** | 2- Preference shares, AT1 instruments and certain Subordinated Notes | 2- Preference shares, AT1 instruments and certain Subordinated Notes | 2- Preference shares, AT1 instruments and certain Subordinated Notes | 2- Preference shares, AT1 instruments and certain Subordinated Notes |
| **35 Position in subordination hierarchy in liquidation (specify instrument type immediately senior to instrument)** | Immediately subordinate to Tier 2 instruments | Immediately subordinate to Tier 2 instruments | Immediately subordinate to Tier 2 instruments | Immediately subordinate to Tier 2 instruments |
| **36 Non-compliant transitioned features** | No | No | No | No |
| **37 If yes, specify non-compliant features** | N/A | N/A | N/A | N/A |
| **37a Link to the full terms and conditions of the instrument (signposting)** | https://www.hsbc.com/investors/fixed-income-investors/final-terms-and-supplements/hsbc-holdings-plc?page=1&take-20&isin-US404280CN71 | https://www.hsbc.com/investors/fixed-income-investors/final-terms-and-supplements/hsbc-holdings-plc?page=1&take-20&isin-US404280CP20 | https://www.hsbc.com/investors/fixed-income-investors/final-terms-and-supplements/hsbc-holdings-plc?page=1&take-20&isin-US404280CQ03 | https://www.hsbc.com/investors/fixed-income-investors/final-terms-and-supplements/hsbc-holdings-plc?page=1&take-20&isin-US404280DT33 |

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| Counts towards own funds and MREL requirements: AT1 | HSBC Holdings pic | HSBC Holdings plc | HSBC Holdings plc | HSBC Holdings plc |
| :--- | :--- | :--- | :--- | :--- |
| **1 Issuer** | HSBC Holdings pic | HSBC Holdings plc | HSBC Holdings plc | HSBC Holdings plc |
| **2 Unique identifier (eg CUSIP, ISIN or Bloomberg identifier for private placement)** | US404280EH85 | XS2491654179 | XS3023923314 | US404280FA24 |
| **2a Public or private placement** | Public | Public | Public | Public |
| **3 Governing law(s) of the instrument** | Laws of the State of New York, save for the subordination provision | Laws of the State of New York, save for the subordination provision | English law | Laws of the State of New York, save for the subordination provision |
| **3a Contractual recognition of write down and conversion powers of resolution authorities** | Yes | Yes | Yes | Yes |
| **4 Regulatory treatment** | | | | |
| **5 Current treatment taking into account, where applicable, transitional CRR rules** | Additional Tier 1 | Additional Tier 1 | Additional Tier 1 | Additional Tier 1 |
| **5a Post-transitional CRR rules** | Additional Tier 1 | Additional Tier 1 | Additional Tier 1 | Additional Tier 1 |
| **6 Eligible at solo/(sub-)consolidated/ solo&(sub-)consolidated** | Consolidated | Consolidated | Consolidated | Consolidated |
| **7 Instrument type (types to be specified by each jurisdiction)** | Perpetual Subordinated Contingent Convertible Securities | Perpetual Subordinated Contingent Convertible Securities | Perpetual Subordinated Contingent Convertible Securities | Perpetual Subordinated Contingent Convertible Securities |
| **8 Amount recognised in regulatory capital or eligible liabilities (Currency in million, as of most recent reporting date)¹** | USD 1,347m | USD 1,148m | USD 602m | USD 1,997m |
| **9 Nominal amount of instrument** | USD 1,350m | GBP 1,000m (USD 1,370m) | SGD 800m (USD 628m) | USD 2,000m |
| **UK-9a Issue price** | 100.000% | 100.000% | 100.000% | 100.000% |
| **UK-9b Redemption price** | 100.000% | 100.000% | 100.000% | 100.000% |
| **10 Accounting classification** | Shareholders' equity | Shareholders' equity | Shareholders' equity | Shareholders' equity |
| **11 Original date of issuance** | 11 Sep 2024 | 28 Sep 2018 | 24 Mar 2025 | 05 Jun 2025 |
| **12 Perpetual or dated** | Perpetual | Perpetual | Perpetual | Perpetual |
| **13 Original maturity date** | | | | |
| **14 Issuer call subject to prior supervisory approval** | Yes | Yes | Yes | Yes |
| **15 Optional call date, contingent call dates and redemption amount** | From 6 months prior to 11 Mar 2030 / Tax or Capital disqualification event at any time / Par | From 6 months prior to 11 Sep 2034 / Tax or Capital disqualification event at any time / Par | From 6 months prior to 24 Sep 2030 / Tax or Capital disqualification event at any time / Par | From 6 months prior to 05 Dec 2030 / Tax or Capital disqualification event at any time / Par |
| **16 Subsequent call dates, if applicable** | Every 5 years after first call | Every 5 years after first call | Every 5 years after first call | Every 5 years after first call |
| **Coupons / dividends** | | | | |
| **17 Fixed or floating dividend/coupon** | Fixed to floating | Fixed to floating | Fixed to floating | Fixed to floating |
| **18 Coupon rate and any related index** | From 11/03/2030 rate resets from fixed 6.875% to U.S. Treasury Rate ("UST") + 3.298%, resettable every 5 years. | From 28/09/2026 rate resets from fixed 5.875% to 5 year GBP Mid-Market Swap Rate + 4.276%, resettable every 5 years. | From 24/09/2030 rate resets from fixed 5.000% to 5-year SORA-OIS + 2.705% | From 05/12/2030 rate resets from fixed 7.050% to U.S. Treasury Rate ("UST") + 2.987%, resettable every 5 years. |
| **19 Existence of a dividend stopper** | No | No | No | No |
| **UK-20a Fully discretionary, partially discretionary or mandatory (in terms of timing)** | Fully Discretionary | Fully Discretionary | Fully Discretionary | Fully Discretionary |
| **UK-20b Fully discretionary, partially discretionary or mandatory (in terms of amount)** | Fully Discretionary | Fully Discretionary | Fully Discretionary | Fully Discretionary |
| **21 Existence of step up or other incentive to redeem** | No | No | No | No |
| **22 Non-cumulative or cumulative** | Non-cumulative | Non-cumulative | Non-cumulative | Non-cumulative |
| **23 Convertible or non-convertible** | Convertible | Convertible | Convertible | Convertible |
| **24 If convertible, conversion trigger(s)** | 7% CET1: Contractual. Triggers to statutory bail-in power and mandatory write-down/conversion of capital instruments power under UK Banking Act 2009 - UK BOE/PRA - Contractual recognition | 7% CET1: Contractual. Triggers to statutory bail-in power and mandatory write-down/conversion of capital instruments power under UK Banking Act 2009 - UK BOE/PRA - Contractual recognition | 7% CET1: Contractual. Triggers to statutory bail-in power and mandatory write-down/conversion of capital instruments power under UK Banking Act 2009 - UK BOE/PRA - Contractual recognition | 7% CET1: Contractual. Triggers to statutory bail-in power and mandatory write-down/conversion of capital instruments power under UK Banking Act 2009 - UK BOE/PRA - Contractual recognition |
| **25 If convertible, fully or partially** | Always convert fully | Always convert fully | Always convert fully | Always convert fully |
| **26 If convertible, conversion rate** | USD 3.5878 per Conversion Share | USD 3.55 per Conversion Share | SGD 4.6675 per Conversion Share | USD 3.7703 per Conversion Share |
| **27 If convertible, mandatory or optional conversion** | Mandatory upon the occurrence of certain events | Mandatory upon the occurrence of certain events | Mandatory upon the occurrence of certain events | Mandatory upon the occurrence of certain events |
| **28 If convertible, specify instrument type convertible into** | Common Equity Tier 1 | Common Equity Tier 1 | Common Equity Tier 1 | Common Equity Tier 1 |
| **29 If convertible, specify issuer of instrument it converts into** | HSBC Holdings plc | HSBC Holdings plc | HSBC Holdings plc | HSBC Holdings plc |
| **30 Write-down features** | Yes | Yes | Yes | Yes |
| **31 If write-down, write-down trigger(s)** | N/A | N/A | N/A | N/A |
| **32 If write-down, full or partial** | May be written down partially | May be written down partially | May be written down partially | May be written down partially |
| **33 If write-down, permanent or temporary** | Permanent | Permanent | Permanent | Permanent |
| **34 If temporary write-down, description of write-up mechanism** | N/A | N/A | N/A | N/A |
| **34a Type of subordination (only for eligible liabilities)** | N/A | N/A | N/A | N/A |
| **UK-34b Ranking of the instrument in normal insolvency proceedings²** | 2- Preference shares, AT1 instruments and certain Subordinated Notes | 2- Preference shares, AT1 instruments and certain Subordinated Notes | 2- Preference shares, AT1 instruments and certain Subordinated Notes | 2- Preference shares, AT1 instruments and certain Subordinated Notes |
| **35 Position in subordination hierarchy in liquidation (specify instrument type immediately senior to instrument)** | Immediately subordinate to Tier 2 instruments | Immediately subordinate to Tier 2 instruments | Immediately subordinate to Tier 2 instruments | Immediately subordinate to Tier 2 instruments |
| **36 Non-compliant transitioned features** | No | No | No | No |
| **37 If yes, specify non-compliant features** | N/A | N/A | N/A | N/A |
| **37a Link to the full terms and conditions of the instrument (signposting)** | https://www.hsbc.com/investors/fixed-income-investors/final-terms-and-supplements/hsbc-holdings-plc?page=1&take-20&isin-US404280CN71 | https://www.hsbc.com/investors/fixed-income-investors/final-terms-and-supplements/hsbc-holdings-plc?page=1&take-20&isin-US404280CP20 | https://www.hsbc.com/investors/fixed-income-investors/final-terms-and-supplements/hsbc-holdings-plc?page=1&take-20&isin-US404280CQ03 | https://www.hsbc.com/investors/fixed-income-investors/final-terms-and-supplements/hsbc-holdings-plc?page=1&take-20&isin-US404280DT33 |

Page 6

| Counts towards own funds and MREL requirements: AT1 | HSBC Holdings plc | HSBC Holdings plc | HSBC Holdings plc | HSBC Holdings plc |
| :--- | :--- | :--- | :--- | :--- |
| **1 Issuer** | HSBC Holdings plc | HSBC Holdings plc | HSBC Holdings plc | HSBC Holdings plc |
| **2 Unique identifier (eg CUSIP, ISIN or Bloomberg identifier for private placement)** | XS2764959842 | US404280EH85 | US404280EJ42 | US404280EV79 |
| **2a Public or private placement** | Public | Public | Public | Public |
| **3 Governing law(s) of the instrument** | English law | Laws of the State of New York, save for the subordination provision | Laws of the State of New York, save for the subordination provision | Laws of the State of New York, save for the subordination provision |
| **3a Contractual recognition of write down and conversion powers of resolution authorities** | Yes | Yes | Yes | Yes |
| **4 Regulatory treatment** | | | | |
| **5 Current treatment taking into account, where applicable, transitional CRR rules** | Additional Tier 1 | Additional Tier 1 | Additional Tier 1 | Additional Tier 1 |
| **5a Post-transitional CRR rules** | Additional Tier 1 | Additional Tier 1 | Additional Tier 1 | Additional Tier 1 |
| **6 Eligible at solo/(sub-)consolidated/ solo&(sub-)consolidated** | Consolidated | Consolidated | Consolidated | Consolidated |
| **7 Instrument type (types to be specified by each jurisdiction)** | Perpetual Subordinated Contingent Convertible Securities | Perpetual Subordinated Contingent Convertible Securities | Perpetual Subordinated Contingent Convertible Securities | Perpetual Subordinated Contingent Convertible Securities |
| **8 Amount recognised in regulatory capital or eligible liabilities (Currency in million, as of most recent reporting date)¹** | USD 1,107m | USD 1,347m | USD 1,148m | USD 1,996m |
| **9 Nominal amount of instrument** | SGD 1,500m (USD 1,177m) | USD 1,350m | USD 1,150m | USD 2,000m |
| **UK-9a Issue price** | 100.000% | 100.000% | 100.000% | 100.000% |
| **UK-9b Redemption price** | 100.000% | 100.000% | 100.000% | 100.000% |
| **10 Accounting classification** | Shareholders' equity | Shareholders' equity | Shareholders' equity | Shareholders' equity |
| **11 Original date of issuance** | 14 Jun 2024 | 11 Sep 2024 | 28 Sep 2018 | 27 Feb 2025 |
| **12 Perpetual or dated** | Perpetual | Perpetual | Perpetual | Perpetual |
| **13 Original maturity date** | | | | |
| **14 Issuer call subject to prior supervisory approval** | Yes | Yes | Yes | Yes |
| **15 Optional call date, contingent call dates and redemption amount** | From 6 months prior to 14 Jun 2029 / Tax or Capital disqualification event at any time / Par | From 6 months prior to 11 Mar 2030 / Tax or Capital disqualification event at any time / Par | From 6 months prior to 11 Sep 2034 / Tax or Capital disqualification event at any time / Par | From 6 months prior to 07 Sep 2028 / Tax or Capital disqualification event at any time / Par |
| **16 Subsequent call dates, if applicable** | Every 5 years after first call | Every 5 years after first call | Every 5 years after first call | Every 5 years after first call |
| **Coupons / dividends** | | | | |
| **17 Fixed or floating dividend/coupon** | Fixed to floating | Fixed to floating | Fixed to floating | Fixed to floating |
| **18 Coupon rate and any related index** | From 14/12/2029 rate resets from fixed 5.250% to 5-year SORA-OIS + 2.237% | From 11/03/2030 rate resets from fixed 6.875% to U.S. Treasury Rate ("UST") + 3.298%, resettable every 5 years. | From 28/09/2026 rate resets from fixed 5.875% to 5 year GBP Mid-Market Swap Rate + 4.276%, resettable every 5 years. | From 07/09/2028 rate resets from fixed 8.000% to U.S. Treasury Rate ("UST") + 3.858%, resettable every 5 years. |
| **19 Existence of a dividend stopper** | No | Yes | No | No |
| **UK-20a Fully discretionary, partially discretionary or mandatory (in terms of timing)** | Fully Discretionary | Fully Discretionary | Fully Discretionary | Fully Discretionary |
| **UK-20b Fully discretionary, partially discretionary or mandatory (in terms of amount)** | Fully Discretionary | Fully Discretionary | Fully Discretionary | Fully Discretionary |
| **21 Existence of step up or other incentive to redeem** | No | No | No | No |
| **22 Non-cumulative or cumulative** | Non-cumulative | Non-cumulative | Non-cumulative | Non-cumulative |
| **23 Convertible or non-convertible** | Convertible | Convertible | Convertible | Convertible |
| **24 If convertible, conversion trigger(s)** | 7% CET1: Contractual. Triggers to statutory bail-in power and mandatory write-down/conversion of capital instruments power under UK Banking Act 2009 - UK BOE/PRA - Contractual recognition | 7% CET1: Contractual. Triggers to statutory bail-in power and mandatory write-down/conversion of capital instruments power under UK Banking Act 2009 - UK BOE/PRA - Contractual recognition | 7% CET1: Contractual. Triggers to statutory bail-in power and mandatory write-down/conversion of capital instruments power under UK Banking Act 2009 - UK BOE/PRA - Contractual recognition | 7% CET1: Contractual. Triggers to statutory bail-in power and mandatory write-down/conversion of capital instruments power under UK Banking Act 2009 - UK BOE/PRA - Contractual recognition |
| **25 If convertible, fully or partially** | Always convert fully | Always convert fully | Always convert fully | Always convert fully |
| **26 If convertible, conversion rate** | SGD 4.6481 per Conversion Share | USD 3.55 per Conversion Share | USD 3.7703 per Conversion Share | USD 3.2554 per Conversion Share |
| **27 If convertible, mandatory or optional conversion** | Mandatory upon the occurrence of certain events | Mandatory upon the occurrence of certain events | Mandatory upon the occurrence of certain events | Mandatory upon the occurrence of certain events |
| **28 If convertible, specify instrument type convertible into** | Common Equity Tier 1 | Common Equity Tier 1 | Common Equity Tier 1 | Common Equity Tier 1 |
| **29 If convertible, specify issuer of instrument it converts into** | HSBC Holdings plc | HSBC Holdings plc | HSBC Holdings plc | HSBC Holdings plc |
| **30 Write-down features** | Yes | Yes | Yes | Yes |
| **31 If write-down, write-down trigger(s)** | N/A | N/A | N/A | N/A |
| **32 If write-down, full or partial** | May be written down partially | May be written down partially | May be written down partially | May be written down partially |
| **33 If write-down, permanent or temporary** | Permanent | Permanent | Permanent | Permanent |
| **34 If temporary write-down, description of write-up mechanism** | N/A | N/A | N/A | N/A |
| **34a Type of subordination (only for eligible liabilities)** | N/A | N/A | N/A | N/A |
| **UK-34b Ranking of the instrument in normal insolvency proceedings²** | 2- Preference shares, AT1 instruments and certain Subordinated Notes | 2- Preference shares, AT1 instruments and certain Subordinated Notes | 2- Preference shares, AT1 instruments and certain Subordinated Notes | 2- Preference shares, AT1 instruments and certain Subordinated Notes |
| **35 Position in subordination hierarchy in liquidation (specify instrument type immediately senior to instrument)** | Immediately subordinate to Tier 2 instruments | Immediately subordinate to Tier 2 instruments | Immediately subordinate to Tier 2 instruments | Immediately subordinate to Tier 2 instruments |
| **36 Non-compliant transitioned features** | No | No | No | No |
| **37 If yes, specify non-compliant features** | N/A | N/A | N/A | N/A |
| **37a Link to the full terms and conditions of the instrument (signposting)** | https://www.hsbc.com/investors/fixed-income-investors/final-terms-and-supplements/hsbc-holdings-plc?page=1&take=20&isin-XS2764959842 | https://www.hsbc.com/investors/fixed-income-investors/final-terms-and-supplements/hsbc-holdings-plc?page=1&take-20&isin-US404280EH85 | https://www.hsbc.com/investors/fixed-income-investors/final-terms-and-supplements/hsbc-holdings-plc?page=1&take-20&isin-US404280EJ42 | https://www.hsbc.com/investors/fixed-income-investors/final-terms-and-supplements/hsbc-holdings-plc?page=1&take-20&isin-US404280EV79 |

Page 7

| Counts towards own funds and MREL requirements: AT1 | HSBC Holdings plc | HSBC Holdings plc | HSBC Holdings plc | HSBC Holdings plc |
| :--- | :--- | :--- | :--- | :--- |
| **1 Issuer** | HSBC Holdings plc | HSBC Holdings plc | HSBC Holdings plc | HSBC Holdings plc |
| **2 Unique identifier (eg CUSIP, ISIN or Bloomberg identifier for private placement)** | XS3023923314 | US404280FA24 | US404280CQ03 | US404280DT33 |
| **2a Public or private placement** | Public | Public | Public | Public |
| **3 Governing law(s) of the instrument** | English law | Laws of the State of New York, save for the subordination provision | Laws of the State of New York, save for the subordination provision | Laws of the State of New York, save for the subordination provision |
| **3a Contractual recognition of write down and conversion powers of resolution authorities** | Yes | Yes | Yes | Yes |
| **4 Regulatory treatment** | | | | |
| **5 Current treatment taking into account, where applicable, transitional CRR rules** | Additional Tier 1 | Additional Tier 1 | Additional Tier 1 | Additional Tier 1 |
| **5a Post-transitional CRR rules** | Additional Tier 1 | Additional Tier 1 | Additional Tier 1 | Additional Tier 1 |
| **6 Eligible at solo/(sub-)consolidated/ solo&(sub-)consolidated** | Consolidated | Consolidated | Consolidated | Consolidated |
| **7 Instrument type (types to be specified by each jurisdiction)** | Perpetual Subordinated Contingent Convertible Securities | Perpetual Subordinated Contingent Convertible Securities | Perpetual Subordinated Contingent Convertible Securities | Perpetual Subordinated Contingent Convertible Securities |
| **8 Amount recognised in regulatory capital or eligible liabilities (Currency in million, as of most recent reporting date)¹** | USD 602m | USD 1,997m | USD 1,000m | USD 1,996m |
| **9 Nominal amount of instrument** | SGD 800m (USD 628m) | USD 2,000m | USD 1,000m | USD 2,000m |
| **UK-9a Issue price** | 100.000% | 100.000% | 100.000% | 100.000% |
| **UK-9b Redemption price** | 100.000% | 100.000% | 100.000% | 100.000% |
| **10 Accounting classification** | Shareholders' equity | Shareholders' equity | Shareholders' equity | Shareholders' equity |
| **11 Original date of issuance** | 24 Mar 2025 | 05 Jun 2025 | 17 Dec 2020 | 09 Mar 2021 |
| **12 Perpetual or dated** | Perpetual | Perpetual | Perpetual | Perpetual |
| **13 Original maturity date** | | | | |
| **14 Issuer call subject to prior supervisory approval** | Yes | Yes | Yes | Yes |
| **15 Optional call date, contingent call dates and redemption amount** | From 6 months prior to 24 Sep 2030 / Tax or Capital disqualification event at any time / Par | From 6 months prior to 05 Dec 2030 / Tax or Capital disqualification event at any time / Par | From 6 months prior to 17 Jun 2031 / Tax or Capital disqualification event at any time / Par | From 6 months prior to 09 Sep 2026 / Tax or Capital disqualification event at any time / Par |
| **16 Subsequent call dates, if applicable** | Every 5 years after first call | Every 5 years after first call | Every 5 years after first call | Every 5 years after first call |
| **Coupons / dividends** | | | | |
| **17 Fixed or floating dividend/coupon** | Fixed to floating | Fixed to floating | Fixed to floating | Fixed to floating |
| **18 Coupon rate and any related index** | From 24/09/2030 rate resets from fixed 5.000% to 5-year SORA-OIS + 2.705% | From 05/12/2030 rate resets from fixed 7.050% to U.S. Treasury Rate ("UST") + 2.987%, resettable every 5 years. | From 17/06/2031 rate resets from fixed 4.600% to U.S. Treasury Rate ("UST") + 3.649%, resettable every 5 years. | From 09/09/2026 rate resets from fixed 4.000% to U.S. Treasury Rate ("UST") + 3.222%, resettable every 5 years. |
| **19 Existence of a dividend stopper** | No | No | No | No |
| **UK-20a Fully discretionary, partially discretionary or mandatory (in terms of timing)** | Fully Discretionary | Fully Discretionary | Fully Discretionary | Fully Discretionary |
| **UK-20b Fully discretionary, partially discretionary or mandatory (in terms of amount)** | Fully Discretionary | Fully Discretionary | Fully Discretionary | Fully Discretionary |
| **21 Existence of step up or other incentive to redeem** | No | No | No | No |
| **22 Non-cumulative or cumulative** | Non-cumulative | Non-cumulative | Non-cumulative | Non-cumulative |
| **23 Convertible or non-convertible** | Convertible | Convertible | Convertible | Convertible |
| **24 If convertible, conversion trigger(s)** | 7% CET1: Contractual. Triggers to statutory bail-in power and mandatory write-down/conversion of capital instruments power under UK Banking Act 2009 - UK BOE/PRA - Contractual recognition | 7% CET1: Contractual. Triggers to statutory bail-in power and mandatory write-down/conversion of capital instruments power under UK Banking Act 2009 - UK BOE/PRA - Contractual recognition | 7% CET1: Contractual. Triggers to statutory bail-in power and mandatory write-down/conversion of capital instruments power under UK Banking Act 2009 - UK BOE/PRA - Contractual recognition | 7% CET1: Contractual. Triggers to statutory bail-in power and mandatory write-down/conversion of capital instruments power under UK Banking Act 2009 - UK BOE/PRA - Contractual recognition |
| **25 If convertible, fully or partially** | Always convert fully | Always convert fully | Always convert fully | Always convert fully |
| **26 If convertible, conversion rate** | SGD 4.6675 per Conversion Share | USD 3.7703 per Conversion Share | USD 3.4799 per Conversion Share | USD 3.55 per Conversion Share |
| **27 If convertible, mandatory or optional conversion** | Mandatory upon the occurrence of certain events | Mandatory upon the occurrence of certain events | Mandatory upon the occurrence of certain events | Mandatory upon the occurrence of certain events |
| **28 If convertible, specify instrument type convertible into** | Common Equity Tier 1 | Common Equity Tier 1 | Common Equity Tier 1 | Common Equity Tier 1 |
| **29 If convertible, specify issuer of instrument it converts into** | HSBC Holdings plc | HSBC Holdings plc | HSBC Holdings plc | HSBC Holdings plc |
| **30 Write-down features** | Yes | Yes | Yes | Yes |
| **31 If write-down, write-down trigger(s)** | N/A | N/A | N/A | N/A |
| **32 If write-down, full or partial** | May be written down partially | May be written down partially | May be written down partially | May be written down partially |
| **33 If write-down, permanent or temporary** | Permanent | Permanent | Permanent | Permanent |
| **34 If temporary write-down, description of write-up mechanism** | N/A | N/A | N/A | N/A |
| **34a Type of subordination (only for eligible liabilities)** | N/A | N/A | N/A | N/A |
| **UK-34b Ranking of the instrument in normal insolvency proceedings²** | 2- Preference shares, AT1 instruments and certain Subordinated Notes | 2- Preference shares, AT1 instruments and certain Subordinated Notes | 2- Preference shares, AT1 instruments and certain Subordinated Notes | 2- Preference shares, AT1 instruments and certain Subordinated Notes |
| **35 Position in subordination hierarchy in liquidation (specify instrument type immediately senior to instrument)** | Immediately subordinate to Tier 2 instruments | Immediately subordinate to Tier 2 instruments | Immediately subordinate to Tier 2 instruments | Immediately subordinate to Tier 2 instruments |
| **36 Non-compliant transitioned features** | No | No | No | No |
| **37 If yes, specify non-compliant features** | N/A | N/A | N/A | N/A |
| **37a Link to the full terms and conditions of the instrument (signposting)** | https://www.hsbc.com/investors/fixed-income-investors/final-terms-and-supplements/hsbc-holdings-plc?page=1&take-20&isin-XS3023923314 | https://www.hsbc.com/investors/fixed-income-investors/final-terms-and-supplements/hsbc-holdings-plc?page=1&take-20&isin-US404280FA24 | https://www.hsbc.com/investors/fixed-income-investors/final-terms-and-supplements/hsbc-holdings-plc?page=1&take-20&isin-US404280CQ03 | https://www.hsbc.com/investors/fixed-income-investors/final-terms-and-supplements/hsbc-holdings-plc?page=1&take-20&isin-US404280DT33 |

Page 7

| Counts towards own funds and MREL requirements: Tier 2¹ | HSBC Holdings pic | HSBC Holdings plc | HSBC Holdings pic | HSBC Holdings plc | HSBC Holdings pic |
| :--- | :--- | :--- | :--- | :--- | :--- |
| **1 Issuer** | HSBC Holdings pic | HSBC Holdings plc | HSBC Holdings pic | HSBC Holdings plc | HSBC Holdings pic |
| **2 Unique identifier (eg CUSIP, ISIN or Bloomberg identifier for private placement)** | XS0159497162 | XS0356452929 | XS0387079907 | XS0498768315 | US404280AQ21 |
| **2a Public or private placement** | Public | Public | Public | Public | Public |
| **3 Governing law(s) of the instrument** | English law | English law | English law | English law | Laws of the State of New York, save for the subordination provision and consent to the exercise of UK bail-in power |
| **3a Contractual recognition of write down and conversion powers of resolution authorities** | No | Yes | Yes | Yes | Yes |
| **4 Regulatory treatment** | | | | | |
| **5 Current treatment taking into account, where applicable, transitional CRR rules** | Tier 2 | Tier 2 | Tier 2 | Tier 2 | Tier 2 |
| **5a Post-transitional CRR rules** | Tier 2 | Tier 2 | Tier 2 | Tier 2 | Tier 2 |
| **6 Eligible at solo/(sub-)consolidated/ solo&(sub-)consolidated** | Consolidated | Consolidated | Consolidated | Consolidated | Consolidated |
| **7 Instrument type (types to be specified by each jurisdiction)** | Subordinated debt | Subordinated debt | Subordinated debt | Subordinated debt | Subordinated debt |
| **8 Amount recognised in regulatory capital or eligible liabilities (Currency in million, as of most recent reporting date)¹** | GBP 650m (USD 890m) | USD 1,048m | GBP 750m (USD 1,027m) | USD 1,200m | USD 623m |
| **9 Nominal amount of instrument** | GBP 650m (USD 890m) | USD 1,048m | GBP 750m (USD 1,027m) | USD 1,200m | USD 1,148m |
| **UK-9a Issue price** | 100.000% | 100.000% | 100.000% | 100.000% | 100.000% |
| **UK-9b Redemption price** | 100.000% | 100.000% | 100.000% | 100.000% | 100.000% |
| **10 Accounting classification** | Liability - fair value | Liability amortised cost | Liability amortised cost | Liability amortised cost | Liability - amortised cost |
| **11 Original date of issuance** | 20 Dec 2002 | 07 Apr 2008 | 11 Sep 2008 | 29 Mar 2010 | 12 Mar 2014 |
| **12 Perpetual or dated** | Dated | Dated | Dated | Dated | Dated |
| **13 Original maturity date** | 20 Dec 2027 | 07 Apr 2038 | 11 Sep 2028 | 29 Mar 2040 | 14 Mar 2044 |
| **14 Issuer call subject to prior supervisory approval** | Yes | Yes | Yes | Yes | Yes |
| **15 Optional call date, contingent call dates and redemption amount** | Tax event at any time / Par | Tax event at any time / Par | Tax event at any time / Par | Tax event at any time / Par | Tax or Capital disqualification event at any time / Par |
| **16 Subsequent call dates, if applicable** | N/A | N/A | N/A | N/A | N/A |
| **Coupons/dividends** | | | | | |
| **17 Fixed or floating dividend/coupon** | Fixed | Fixed | Fixed | Fixed | Fixed |
| **18 Coupon rate and any related index** | 5.750% | 7.000% | 6.750% | 6.000% | 5.250% |
| **19 Existence of a dividend stopper** | No | No | No | No | No |
| **UK-20a Fully discretionary, partially discretionary or mandatory (in terms of timing)** | No | No | No | No | No |
| **UK-20b Fully discretionary, partially discretionary or mandatory (in terms of amount)** | Mandatory | Mandatory | Mandatory | Mandatory | Mandatory |
| **21 Existence of step up or other incentive to redeem** | No | No | No | No | No |
| **22 Non-cumulative or cumulative** | Cumulative | Cumulative | Cumulative | Cumulative | Cumulative |
| **23 Convertible or non-convertible** | Convertible | Convertible | Convertible | Convertible | Convertible |
| **24 If convertible, conversion trigger(s)** | Triggers to statutory bail-in power and mandatory write-down/conversion of capital instruments power under UK Banking Act 2009 - UK BOE/PRA | Triggers to statutory bail-in power and mandatory write-down/conversion of capital instruments power under UK Banking Act 2009 - UK BOE/PRA | Triggers to statutory bail-in power and mandatory write-down/conversion of capital instruments power under UK Banking Act 2009 - UK BOE/PRA | Triggers to statutory bail-in power and mandatory write-down/conversion of capital instruments power under UK Banking Act 2009 - UK BOE/PRA | Triggers to statutory bail-in power and mandatory write-down/conversion of capital instruments power under UK Banking Act 2009 - UK BOE/PRA - Contractual recognition |
| **25 If convertible, fully or partially** | May convert fully or partially | May convert fully or partially | May convert fully or partially | May convert fully or partially | May convert fully or partially |
| **26 If convertible, conversion rate** | To be determined at conversion | To be determined at conversion | To be determined at conversion | To be determined at conversion | To be determined at conversion |
| **27 If convertible, mandatory or optional conversion** | Mandatory upon satisfaction of certain conditions | Mandatory upon satisfaction of certain conditions | Mandatory upon satisfaction of certain conditions | Mandatory upon satisfaction of certain conditions | Mandatory upon satisfaction of certain conditions |
| **28 If convertible, specify instrument type convertible into** | Common Equity Tier 1 | Common Equity Tier 1 | Common Equity Tier 1 | Common Equity Tier 1 | Common Equity Tier 1 |
| **29 If convertible, specify issuer of instrument it converts into** | HSBC Holdings plc | HSBC Holdings plc | HSBC Holdings plc | HSBC Holdings plc | HSBC Holdings plc |
| **30 Write-down features** | Yes | Yes | Yes | Yes | Yes |
| **31 If write-down, write-down trigger(s)** | N/A | N/A | N/A | N/A | N/A |
| **32 If write-down, full or partial** | May be written down partially | May be written down partially | May be written down partially | May be written down partially | May be written down partially |
| **33 If write-down, permanent or temporary** | Permanent | Permanent | Permanent | Permanent | Permanent |
| **34 If temporary write-down, description of write-up mechanism** | N/A | N/A | N/A | N/A | N/A |
| **34a Type of subordination (only for eligible liabilities)** | N/A | N/A | N/A | N/A | N/A |
| **UK-34b Ranking of the instrument in normal insolvency proceedings²** | 3- Subordinated notes | 3- Subordinated notes | 3- Subordinated notes | 3- Subordinated notes | 3- Subordinated notes |
| **35 Position in subordination hierarchy in liquidation (specify instrument type immediately senior to instrument)** | Immediately subordinate to senior creditors | Immediately subordinate to senior creditors | Immediately subordinate to senior creditors | Immediately subordinate to senior creditors | Immediately subordinate to senior creditors |
| **36 Non-compliant transitioned features** | No | No | No | No | No |
| **37 If yes, specify non-compliant features** | N/A | N/A | N/A | N/A | N/A |
| **37a Link to the full terms and conditions of the instrument (signposting)** | https://www.hsbc.com/investors/fixed-income-investors/final-terms-and-supplements/hsbc-holdings-plc?page=1&take=20&isin=XS0159497162 | https://www.hsbc.com/investors/fixed-income-investors/final-terms-and-supplements/hsbc-holdings-plc?page=1&take=20&isin=XS0356452929 | https://www.hsbc.com/investors/fixed-income-investors/final-terms-and-supplements/hsbc-holdings-plc?page=1&take=20&isin=XS0387079907 | https://www.hsbc.com/investors/fixed-income-investors/final-terms-and-supplements/hsbc-holdings-plc?page=1&take=20&isin=XS0498768315 | https://www.hsbc.com/investors/fixed-income-investors/final-terms-and-supplements/hsbc-holdings-plc?page=1&take-20&isin=US404280AQ21 |

Page 8

| Counts towards own funds and MREL requirements: Tier 2¹ | HSBC Holdings plc | HSBC Holdings plc | HSBC Holdings plc | HSBC Holdings plc | HSBC Holdings plc |
| :--- | :--- | :--- | :--- | :--- | :--- |
| **1 Issuer** | HSBC Holdings plc | HSBC Holdings plc | HSBC Holdings plc | HSBC Holdings plc | HSBC Holdings plc |
| **2 Unique identifier (eg CUSIP, ISIN or Bloomberg identifier for private placement)** | US404280AU33 | XS1428953407 | US404280BH13 | US404280DC08 | XS2491654179 |
| **2a Public or private placement** | Public | Public | Public | Public | Public |
| **3 Governing law(s) of the instrument** | Laws of the State of New York, save for the subordination provision and consent to the exercise of UK bail-in power | English law | Laws of the State of New York, save for the subordination provision | Laws of the State of New York, save for the subordination provision | English law |
| **3a Contractual recognition of write down and conversion powers of resolution authorities** | Yes | Yes | Yes | Yes | Yes |
| **4 Regulatory treatment** | | | | | |
| **5 Current treatment taking into account, where applicable, transitional CRR rules** | Tier 2 | Tier 2 | Tier 2 | Tier 2 | Tier 2 |
| **5a Post-transitional CRR rules** | Tier 2 | Tier 2 | Tier 2 | Tier 2 | Tier 2 |
| **6 Eligible at solo/(sub-)consolidated/ solo&(sub-)consolidated** | Consolidated | Consolidated | Consolidated | Consolidated | Consolidated |
| **7 Instrument type (types to be specified by each jurisdiction)** | Tier 2 | Tier 2 | Tier 2 | Tier 2 | Tier 2 |
| **8 Amount recognised in regulatory capital or eligible liabilities (Currency in million, as of most recent reporting date)¹** | USD 22m | USD 639m | USD 230m | EUR 1,000m (USD 1,174m) | USD 736m |
| **9 Nominal amount of instrument** | USD 1,014m | USD 892m | USD 230m | EUR 1,000m (USD 1,174m) | SGD 900m (USD 706m) |
| **UK-9a Issue price** | 100.000% | 100.000% | 100.000% | 100.000% | 100.000% |
| **UK-9b Redemption price** | 100.000% | 100.000% | 100.000% | 100.000% | 100.000% |
| **10 Accounting classification** | Liability - fair value | Liability - fair value | Liability fair value | Liability - amortised cost | Liability fair value |
| **11 Original date of issuance** | 18 Aug 2015 | 07 Jun 2016 | 23 Nov 2016 | 29 Mar 2010 | 27 Jun 2022 |
| **12 Perpetual or dated** | Dated | Dated | Dated | Dated | Dated |
| **13 Original maturity date** | 18 Aug 2025 | 07 Jun 2028 | 23 Nov 2026 | 29 Mar 2040 | 27 Jun 2032 |
| **14 Issuer call subject to prior supervisory approval** | Yes | Yes | Yes | Yes | Yes |
| **15 Optional call date, contingent call dates and redemption amount** | Tax or Capital disqualification event at any time / Par | Tax event at any time / Par | Tax event at any time / Par | Tax event at any time / Par | 27 Jun 2027/Tax or Capital disqualification event at any time / Par |
| **16 Subsequent call dates, if applicable** | N/A | N/A | N/A | N/A | N/A |
| **Coupons/dividends** | | | | | |
| **17 Fixed or floating dividend/coupon** | Fixed | Fixed | Fixed | Fixed | Fixed to floating |
| **18 Coupon rate and any related index** | 4.250% | 3.125% | 4.375% | 6.000% | From 27/06/2027 rate resets from fixed 5.250% to 5 year SORA OIS + 2.426% |
| **19 Existence of a dividend stopper** | No | No | No | No | No |
| **UK-20a Fully discretionary, partially discretionary or mandatory (in terms of timing)** | No | No | No | No | No |
| **UK-20b Fully discretionary, partially discretionary or mandatory (in terms of amount)** | Mandatory | Mandatory | Mandatory | Mandatory | Mandatory |
| **21 Existence of step up or other incentive to redeem** | No | No | No | No | No |
| **22 Non-cumulative or cumulative** | Cumulative | Cumulative | Cumulative | Cumulative | Cumulative |
| **23 Convertible or non-convertible** | Convertible | Convertible | Convertible | Convertible | Convertible |
| **24 If convertible, conversion trigger(s)** | Triggers to statutory bail-in power and mandatory write-down/conversion of capital instruments power under UK Banking Act 2009 - UK BOE/PRA - Contractual recognition | Triggers to statutory bail-in power and mandatory write-down/conversion of capital instruments power under UK Banking Act 2009 - UK BOE/PRA - Contractual recognition | Triggers to statutory bail-in power and mandatory write-down/conversion of capital instruments power under UK Banking Act 2009 - UK BOE/PRA - Contractual recognition | Triggers to statutory bail-in power and mandatory write-down/conversion of capital instruments power under UK Banking Act 2009 - UK BOE/PRA - Contractual recognition | Triggers to statutory bail-in power and mandatory write-down/conversion of capital instruments power under UK Banking Act 2009 - UK BOE/PRA - Statutory and contractual recognition |
| **25 If convertible, fully or partially** | May convert fully or partially | May convert fully or partially | May convert fully or partially | May convert fully or partially | May convert fully or partially |
| **26 If convertible, conversion rate** | To be determined at conversion | To be determined at conversion | To be determined at conversion | To be determined at conversion | To be determined at conversion |
| **27 If convertible, mandatory or optional conversion** | Mandatory upon satisfaction of certain conditions | Mandatory upon satisfaction of certain conditions | Mandatory upon satisfaction of certain conditions | Mandatory upon satisfaction of certain conditions | Mandatory upon satisfaction of certain conditions |
| **28 If convertible, specify instrument type convertible into** | Common Equity Tier 1 | Common Equity Tier 1 | Common Equity Tier 1 | Common Equity Tier 1 | Common Equity Tier 1 |
| **29 If convertible, specify issuer of instrument it converts into** | HSBC Holdings plc | HSBC Holdings plc | HSBC Holdings plc | HSBC Holdings plc | HSBC Holdings plc |
| **30 Write-down features** | Yes | Yes | Yes | Yes | Yes |
| **31 If write-down, write-down trigger(s)** | N/A | N/A | N/A | N/A | N/A |
| **32 If write-down, full or partial** | May be written down partially | May be written down partially | May be written down partially | May be written down partially | May be written down partially |
| **33 If write-down, permanent or temporary** | Permanent | Permanent | Permanent | Permanent | Permanent |
| **34 If temporary write-down, description of write-up mechanism** | N/A | N/A | N/A | N/A | N/A |
| **34a Type of subordination (only for eligible liabilities)** | N/A | N/A | N/A | N/A | N/A |
| **UK-34b Ranking of the instrument in normal insolvency proceedings²** | 3- Subordinated notes | 3- Subordinated notes | 3- Subordinated notes | 3- Subordinated notes | 3- Subordinated notes |
| **35 Position in subordination hierarchy in liquidation (specify instrument type immediately senior to instrument)** | Immediately subordinate to senior creditors | Immediately subordinate to senior creditors | Immediately subordinate to senior creditors | Immediately subordinate to senior creditors | Immediately subordinate to senior creditors |
| **36 Non-compliant transitioned features** | No | No | No | No | No |
| **37 If yes, specify non-compliant features** | N/A | N/A | N/A | N/A | N/A |
| **37a Link to the full terms and conditions of the instrument (signposting)** | https://www.hsbc.com/investors/fixed-income-investors/final-terms-and-supplements/hsbc-holdings-plc?page=1&take=20&isin=XS0159497162 | https://www.hsbc.com/investors/fixed-income-investors/final-terms-and-supplements/hsbc-holdings-plc?page=1&take=20&isin=XS0356452929 | https://www.hsbc.com/investors/fixed-income-investors/final-terms-and-supplements/hsbc-holdings-plc?page=1&take=20&isin=XS0387079907 | https://www.hsbc.com/investors/fixed-income-investors/final-terms-and-supplements/hsbc-holdings-plc?page=1&take=20&isin=XS0498768315 | https://www.hsbc.com/investors/fixed-income-investors/final-terms-and-supplements/hsbc-holdings-plc?page=1&take=20&isin=US404280AQ21 |

Page 8

| Counts towards own funds and MREL requirements: Tier 2¹ | HSBC Holdings plc | HSBC Holdings plc | HSBC Holdings plc | HSBC Holdings plc | HSBC Holdings plc |
| :--- | :--- | :--- | :--- | :--- | :--- |
| **1 Issuer** | HSBC Holdings plc | HSBC Holdings plc | HSBC Holdings plc | HSBC Holdings plc | HSBC Holdings plc |
| **2 Unique identifier (eg CUSIP, ISIN or Bloomberg identifier for private placement)** | US404280AU33 | XS1428953407 | US404280BH13 | US404280DC08 | XS2491654179 |
| **2a Public or private placement** | Public | Public | Public | Public | Public |
| **3 Governing law(s) of the instrument** | Laws of the State of New York, save for the subordination provision and consent to the exercise of UK bail-in power | English law | Laws of the State of New York, save for the subordination provision | Laws of the State of New York, save for the subordination provision | English law |
| **3a Contractual recognition of write down and conversion powers of resolution authorities** | Yes | Yes | Yes | Yes | Yes |
| **4 Regulatory treatment** | | | | | |
| **5 Current treatment taking into account, where applicable, transitional CRR rules** | Tier 2 | Tier 2 | Tier 2 | Tier 2 | Tier 2 |
| **5a Post-transitional CRR rules** | Tier 2 | Tier 2 | Tier 2 | Tier 2 | Tier 2 |
| **6 Eligible at solo/(sub-)consolidated/ solo&(sub-)consolidated** | Consolidated | Consolidated | Consolidated | Consolidated | Consolidated |
| **7 Instrument type (types to be specified by each jurisdiction)** | Tier 2 | Tier 2 | Tier 2 | Tier 2 | Tier 2 |
| **8 Amount recognised in regulatory capital or eligible liabilities (Currency in million, as of most recent reporting date)¹** | USD 22m | USD 639m | USD 230m | EUR 1,000m (USD 1,174m) | USD 736m |
| **9 Nominal amount of instrument** | USD 1,014m | USD 892m | USD 230m | EUR 1,000m (USD 1,174m) | SGD 900m (USD 706m) |
| **UK-9a Issue price** | 100.000% | 100.000% | 100.000% | 100.000% | 100.000% |
| **UK-9b Redemption price** | 100.000% | 100.000% | 100.000% | 100.000% | 100.000% |
| **10 Accounting classification** | Liability - fair value | Liability - fair value | Liability fair value | Liability - amortised cost | Liability fair value |
| **11 Original date of issuance** | 18 Aug 2015 | 07 Jun 2016 | 23 Nov 2016 | 29 Mar 2010 | 27 Jun 2022 |
| **12 Perpetual or dated** | Dated | Dated | Dated | Dated | Dated |
| **13 Original maturity date** | 18 Aug 2025 | 07 Jun 2028 | 23 Nov 2026 | 29 Mar 2040 | 27 Jun 2032 |
| **14 Issuer call subject to prior supervisory approval** | Yes | Yes | Yes | Yes | Yes |
| **15 Optional call date, contingent call dates and redemption amount** | Tax or Capital disqualification event at any time / Par | Tax event at any time / Par | Tax event at any time / Par | Tax event at any time / Par | 27 Jun 2027/Tax or Capital disqualification event at any time / Par |
| **16 Subsequent call dates, if applicable** | N/A | N/A | N/A | N/A | N/A |
| **Coupons/dividends** | | | | | |
| **17 Fixed or floating dividend/coupon** | Fixed | Fixed | Fixed | Fixed | Fixed to Floating |
| **18 Coupon rate and any related index** | 4.250% | 3.125% | 4.375% | 6.000% | From 27/06/2027 rate resets from fixed 5.250% to 5 year SORA OIS + 2.426% |
| **19 Existence of a dividend stopper** | No | No | No | No | No |
| **UK-20a Fully discretionary, partially discretionary or mandatory (in terms of timing)** | No | No | No | No | No |
| **UK-20b Fully discretionary, partially discretionary or mandatory (in terms of amount)** | Mandatory | Mandatory | Mandatory | Mandatory | Mandatory |
| **21 Existence of step up or other incentive to redeem** | No | No | No | No | No |
| **22 Non-cumulative or cumulative** | Cumulative | Cumulative | Cumulative | Cumulative | Cumulative |
| **23 Convertible or non-convertible** | Convertible | Convertible | Convertible | Convertible | Convertible |
| **24 If convertible, conversion trigger(s)** | Triggers to statutory bail-in power and mandatory write-down/conversion of capital instruments power under UK Banking Act 2009 - UK BOE/PRA - Contractual recognition | Triggers to statutory bail-in power and mandatory write-down/conversion of capital instruments power under UK Banking Act 2009 - UK BOE/PRA - Contractual recognition | Triggers to statutory bail-in power and mandatory write-down/conversion of capital instruments power under UK Banking Act 2009 - UK BOE/PRA - Contractual recognition | Triggers to statutory bail-in power and mandatory write-down/conversion of capital instruments power under UK Banking Act 2009 - UK BOE/PRA - Contractual recognition | Triggers to statutory bail-in power and mandatory write-down/conversion of capital instruments power under UK Banking Act 2009 - UK BOE/PRA - Statutory and contractual recognition |
| **25 If convertible, fully or partially** | May convert fully or partially | May convert fully or partially | May convert fully or partially | May convert fully or partially | May convert fully or partially |
| **26 If convertible, conversion rate** | To be determined at conversion | To be determined at conversion | To be determined at conversion | To be determined at conversion | To be determined at conversion |
| **27 If convertible, mandatory or optional conversion** | Mandatory upon satisfaction of certain conditions | Mandatory upon satisfaction of certain conditions | Mandatory upon satisfaction of certain conditions | Mandatory upon satisfaction of certain conditions | Mandatory upon satisfaction of certain conditions |
| **28 If convertible, specify instrument type convertible into** | Common Equity Tier 1 | Common Equity Tier 1 | Common Equity Tier 1 | Common Equity Tier 1 | Common Equity Tier 1 |
| **29 If convertible, specify issuer of instrument it converts into** | HSBC Holdings plc | HSBC Holdings plc | HSBC Holdings plc | HSBC Holdings plc | HSBC Holdings plc |
| **30 Write-down features** | Yes | Yes | Yes | Yes | Yes |
| **31 If write-down, write-down trigger(s)** | N/A | N/A | N/A | N/A | N/A |
| **32 If write-down, full or partial** | May be written down partially | May be written down partially | May be written down partially | May be written down partially | May be written down partially |
| **33 If write-down, permanent or temporary** | Permanent | Permanent | Permanent | Permanent | Permanent |
| **34 If temporary write-down, description of write-up mechanism** | N/A | N/A | N/A | N/A | N/A |
| **34a Type of subordination (only for eligible liabilities)** | N/A | N/A | N/A | N/A | N/A |
| **UK-34b Ranking of the instrument in normal insolvency proceedings²** | 3- Subordinated notes | 3- Subordinated notes | 3- Subordinated notes | 3- Subordinated notes | 3- Subordinated notes |
| **35 Position in subordination hierarchy in liquidation (specify instrument type immediately senior to instrument)** | Immediately subordinate to senior creditors | Immediately subordinate to senior creditors | Immediately subordinate to senior creditors | Immediately subordinate to senior creditors | Immediately subordinate to senior creditors |
| **36 Non-compliant transitioned features** | No | No | No | No | No |
| **37 If yes, specify non-compliant features** | N/A | N/A | N/A | N/A | N/A |
| **37a Link to the full terms and conditions of the instrument (signposting)** | https://www.hsbc.com/investors/fixed-income-investors/final-terms-and-supplements/hsbc-holdings-plc?page=1&take=20&isin=US404280AU33 | https://www.hsbc.com/investors/fixed-income-investors/final-terms-and-supplements/hsbc-holdings-plc?page=1&take=20&isin=XS1428953407 | https://www.hsbc.com/investors/fixed-income-investors/final-terms-and-supplements/hsbc-holdings-plc?page=1&take=20&isin=US404280BH13 | https://www.hsbc.com/investors/fixed-income-investors/final-terms-and-supplements/hsbc-holdings-plc?page=1&take=20&isin=US404280DC08 | https://www.hsbc.com/investors/fixed-income-investors/final-terms-and-supplements/hsbc-holdings-plc?page=1&take-20&isin=XS2491654179 |

Page 9

| Counts towards own funds and MREL requirements: Tier 2¹ | HSBC Holdings plc | HSBC Holdings plc | HSBC Holdings plc | HSBC Holdings plc | HSBC Holdings plc |
| :--- | :--- | :--- | :--- | :--- | :--- |
| **1 Issuer** | HSBC Holdings plc | HSBC Holdings plc | HSBC Holdings plc | HSBC Holdings plc | HSBC Holdings plc |
| **2 Unique identifier (eg CUSIP, ISIN or Bloomberg identifier for private placement)** | US404280CN71 | XS1428953407 | US404280BH13 | US404280DC08 | XS2491654179 |
| **2a Public or private placement** | Public | Public | Public | Public | Public |
| **3 Governing law(s) of the instrument** | Laws of the State of New York, save for the subordination provision | English law | Laws of the State of New York, save for the subordination provision | Laws of the State of New York, save for the subordination provision | English law |
| **3a Contractual recognition of write down and conversion powers of resolution authorities** | Yes | Yes | Yes | Yes | Yes |
| **4 Regulatory treatment** | | | | | |
| **5 Current treatment taking into account, where applicable, transitional CRR rules** | Tier 2 | Tier 2 | Tier 2 | Tier 2 | Tier 2 |
| **5a Post-transitional CRR rules** | Tier 2 | Tier 2 | Tier 2 | Tier 2 | Tier 2 |
| **6 Eligible at solo/(sub-)consolidated/ solo&(sub-)consolidated** | Consolidated | Consolidated | Consolidated | Consolidated | Consolidated |
| **7 Instrument type (types to be specified by each jurisdiction)** | Tier 2 | Tier 2 | Tier 2 | Tier 2 | Tier 2 |
| **8 Amount recognised in regulatory capital or eligible liabilities (Currency in million, as of most recent reporting date)¹** | USD 22m | USD 639m | USD 230m | EUR 1,000m (USD 1,174m) | USD 736m |
| **9 Nominal amount of instrument** | USD 1,014m | USD 892m | USD 230m | EUR 1,000m (USD 1,174m) | SGD 900m (USD 706m) |
| **UK-9a Issue price** | 100.000% | 100.000% | 100.000% | 100.000% | 100.000% |
| **UK-9b Redemption price** | 100.000% | 100.000% | 100.000% | 100.000% | 100.000% |
| **10 Accounting classification** | Liability - fair value | Liability - fair value | Liability fair value | Liability - amortised cost | Liability fair value |
| **11 Original date of issuance** | 18 Aug 2015 | 07 Jun 2016 | 23 Nov 2016 | 29 Mar 2010 | 27 Jun 2022 |
| **12 Perpetual or dated** | Dated | Dated | Dated | Dated | Dated |
| **13 Original maturity date** | 18 Aug 2025 | 07 Jun 2028 | 23 Nov 2026 | 29 Mar 2040 | 27 Jun 2032 |
| **14 Issuer call subject to prior supervisory approval** | Yes | Yes | Yes | Yes | Yes |
| **15 Optional call date, contingent call dates and redemption amount** | Tax or Capital disqualification event at any time / Par | Tax event at any time / Par | Tax event at any time / Par | Tax event at any time / Par | 27 Jun 2027/Tax or Capital disqualification event at any time / Par |
| **16 Subsequent call dates, if applicable** | N/A | N/A | N/A | N/A | N/A |
| **Coupons/dividends** | | | | | |
| **17 Fixed or floating dividend/coupon** | Fixed | Fixed | Fixed | Fixed | Fixed to floating |
| **18 Coupon rate and any related index** | 4.250% | 3.125% | 4.375% | 6.000% | From 27/06/2027 rate resets from fixed 5.250% to 5 year SORA OIS + 2.426% |
| **19 Existence of a dividend stopper** | No | No | No | No | No |
| **UK-20a Fully discretionary, partially discretionary or mandatory (in terms of timing)** | No | No | No | No | No |
| **UK-20b Fully discretionary, partially discretionary or mandatory (in terms of amount)** | Mandatory | Mandatory | Mandatory | Mandatory | Mandatory |
| **21 Existence of step up or other incentive to redeem** | No | No | No | No | No |
| **22 Non-cumulative or cumulative** | Cumulative | Cumulative | Cumulative | Cumulative | Cumulative |
| **23 Convertible or non-convertible** | Convertible | Convertible | Convertible | Convertible | Convertible |
| **24 If convertible, conversion trigger(s)** | Triggers to statutory bail-in power and mandatory write-down/conversion of capital instruments power under UK Banking Act 2009 - UK BOE/PRA - Contractual recognition | Triggers to statutory bail-in power and mandatory write-down/conversion of capital instruments power under UK Banking Act 2009 - UK BOE/PRA - Contractual recognition | Triggers to statutory bail-in power and mandatory write-down/conversion of capital instruments power under UK Banking Act 2009 - UK BOE/PRA - Contractual recognition | Triggers to statutory bail-in power and mandatory write-down/conversion of capital instruments power under UK Banking Act 2009 - UK BOE/PRA - Contractual recognition | Triggers to statutory bail-in power and mandatory write-down/conversion of capital instruments power under UK Banking Act 2009 - UK BOE/PRA - Statutory and contractual recognition |
| **25 If convertible, fully or partially** | May convert fully or partially | May convert fully or partially | May convert fully or partially | May convert fully or partially | May convert fully or partially |
| **26 If convertible, conversion rate** | To be determined at conversion | To be determined at conversion | To be determined at conversion | To be determined at conversion | To be determined at conversion |
| **27 If convertible, mandatory or optional conversion** | Mandatory upon satisfaction of certain conditions | Mandatory upon satisfaction of certain conditions | Mandatory upon satisfaction of certain conditions | Mandatory upon satisfaction of certain conditions | Mandatory upon satisfaction of certain conditions |
| **28 If convertible, specify instrument type convertible into** | Common Equity Tier 1 | Common Equity Tier 1 | Common Equity Tier 1 | Common Equity Tier 1 | Common Equity Tier 1 |
| **29 If convertible, specify issuer of instrument it converts into** | HSBC Holdings plc | HSBC Holdings plc | HSBC Holdings plc | HSBC Holdings plc | HSBC Holdings plc |
| **30 Write-down features** | Yes | Yes | Yes | Yes | Yes |
| **31 If write-down, write-down trigger(s)** | N/A | N/A | N/A | N/A | N/A |
| **32 If write-down, full or partial** | May be written down partially | May be written down partially | May be written down partially | May be written down partially | May be written down partially |
| **33 If write-down, permanent or temporary** | Permanent | Permanent | Permanent | Permanent | Permanent |
| **34 If temporary write-down, description of write-up mechanism** | N/A | N/A | N/A | N/A | N/A |
| **34a Type of subordination (only for eligible liabilities)** | N/A | N/A | N/A | N/A | N/A |
| **UK-34b Ranking of the instrument in normal insolvency proceedings²** | 3- Subordinated notes | 3- Subordinated notes | 3- Subordinated notes | 3- Subordinated notes | 3- Subordinated notes |
| **35 Position in subordination hierarchy in liquidation (specify instrument type immediately senior to instrument)** | Immediately subordinate to senior creditors | Immediately subordinate to senior creditors | Immediately subordinate to senior creditors | Immediately subordinate to senior creditors | Immediately subordinate to senior creditors |
| **36 Non-compliant transitioned features** | No | No | No | No | No |
| **37 If yes, specify non-compliant features** | N/A | N/A | N/A | N/A | N/A |
| **37a Link to the full terms and conditions of the instrument (signposting)** | https://www.hsbc.com/investors/fixed-income-investors/final-terms-and-supplements/hsbc-holdings-plc?page=1&take=20&isin=US404280AU33 | https://www.hsbc.com/investors/fixed-income-investors/final-terms-and-supplements/hsbc-holdings-plc?page=1&take=20&isin=XS1428953407 | https://www.hsbc.com/investors/fixed-income-investors/final-terms-and-supplements/hsbc-holdings-plc?page=1&take=20&isin=US404280BH13 | https://www.hsbc.com/investors/fixed-income-investors/final-terms-and-supplements/hsbc-holdings-plc?page=1&take=20&isin=US404280DC08 | https://www.hsbc.com/investors/fixed-income-investors/final-terms-and-supplements/hsbc-holdings-plc?page=1&take=20&isin=XS2491654179 |

Page 9

| Counts towards own funds and MREL requirements: Tier 2¹ | HSBC Holdings plc | HSBC Holdings plc | HSBC Holdings plc | HSBC Holdings plc | HSBC Holdings plc |
| :--- | :--- | :--- | :--- | :--- | :--- |
| **1 Issuer** | HSBC Holdings plc | HSBC Holdings plc | HSBC Holdings plc | HSBC Holdings plc | HSBC Holdings plc |
| **2 Unique identifier (eg CUSIP, ISIN or Bloomberg identifier for private placement)** | US404280AU33 | XS1428953407 | US404280BH13 | US404280DC08 | XS2491654179 |
| **2a Public or private placement** | Public | Public | Public | Public | Public |
| **3 Governing law(s) of the instrument** | Laws of the State of New York, save for the subordination provision and consent to the exercise of UK bail-in power | English law | Laws of the State of New York, save for the subordination provision | Laws of the State of New York, save for the subordination provision | English law |
| **3a Contractual recognition of write down and conversion powers of resolution authorities** | Yes | Yes | Yes | Yes | Yes |
| **4 Regulatory treatment** | | | | | |
| **5 Current treatment taking into account, where applicable, transitional CRR rules** | Tier 2 | Tier 2 | Tier 2 | Tier 2 | Tier 2 |
| **5a Post-transitional CRR rules** | Tier 2 | Tier 2 | Tier 2 | Tier 2 | Tier 2 |
| **6 Eligible at solo/(sub-)consolidated/ solo&(sub-)consolidated** | Consolidated | Consolidated | Consolidated | Consolidated | Consolidated |
| **7 Instrument type (types to be specified by each jurisdiction)** | Tier 2 | Tier 2 | Tier 2 | Tier 2 | Tier 2 |
| **8 Amount recognised in regulatory capital or eligible liabilities (Currency in million, as of most recent reporting date)¹** | USD 22m | USD 639m | USD 230m | EUR 1,000m (USD 1,174m) | USD 736m |
| **9 Nominal amount of instrument** | USD 1,014m | USD 892m | USD 230m | EUR 1,000m (USD 1,174m) | SGD 900m (USD 706m) |
| **UK-9a Issue price** | 100.000% | 100.000% | 100.000% | 100.000% | 100.000% |
| **UK-9b Redemption price** | 100.000% | 100.000% | 100.000% | 100.000% | 100.000% |
| **10 Accounting classification** | Liability - fair value | Liability - fair value | Liability fair value | Liability - amortised cost | Liability fair value |
| **11 Original date of issuance** | 18 Aug 2015 | 07 Jun 2016 | 23 Nov 2016 | 29 Mar 2010 | 27 Jun 2022 |
| **12 Perpetual or dated** | Dated | Dated | Dated | Dated | Dated |
| **13 Original maturity date** | 18 Aug 2025 | 07 Jun 2028 | 23 Nov 2026 | 29 Mar 2040 | 27 Jun 2032 |
| **14 Issuer call subject to prior supervisory approval** | Yes | Yes | Yes | Yes | Yes |
| **15 Optional call date, contingent call dates and redemption amount** | Tax or Capital disqualification event at any time / Par | Tax event at any time / Par | Tax event at any time / Par | Tax event at any time / Par | 27 Jun 2027/Tax or Capital disqualification event at any time / Par |
| **16 Subsequent call dates, if applicable** | N/A | N/A | N/A | N/A | N/A |
| **Coupons/dividends** | | | | | |
| **17 Fixed or floating dividend/coupon** | Fixed | Fixed | Fixed | Fixed | Fixed to floating |
| **18 Coupon rate and any related index** | 4.250% | 3.125% | 4.375% | 6.000% | From 27/06/2027 rate resets from fixed 5.250% to 5 year SORA OIS + 2.426% |
| **19 Existence of a dividend stopper** | No | No | No | No | No |
| **UK-20a Fully discretionary, partially discretionary or mandatory (in terms of timing)** | No | No | No | No | No |
| **UK-20b Fully discretionary, partially discretionary or mandatory (in terms of amount)** | Mandatory | Mandatory | Mandatory | Mandatory | Mandatory |
| **21 Existence of step up or other incentive to redeem** | No | No | No | No | No |
| **22 Non-cumulative or cumulative** | Cumulative | Cumulative | Cumulative | Cumulative | Cumulative |
| **23 Convertible or non-convertible** | Convertible | Convertible | Convertible | Convertible | Convertible |
| **24 If convertible, conversion trigger(s)** | Triggers to statutory bail-in power and mandatory write-down/conversion of capital instruments power under UK Banking Act 2009 - UK BOE/PRA - Contractual recognition | Triggers to statutory bail-in power and mandatory write-down/conversion of capital instruments power under UK Banking Act 2009 - UK BOE/PRA - Contractual recognition | Triggers to statutory bail-in power and mandatory write-down/conversion of capital instruments power under UK Banking Act 2009 - UK BOE/PRA - Contractual recognition | Triggers to statutory bail-in power and mandatory write-down/conversion of capital instruments power under UK Banking Act 2009 - UK BOE/PRA - Contractual recognition | Triggers to statutory bail-in power and mandatory write-down/conversion of capital instruments power under UK Banking Act 2009 - UK BOE/PRA - Statutory and contractual recognition |
| **25 If convertible, fully or partially** | May convert fully or partially | May convert fully or partially | May convert fully or partially | May convert fully or partially | May convert fully or partially |
| **26 If convertible, conversion rate** | To be determined at conversion | To be determined at conversion | To be determined at conversion | To be determined at conversion | To be determined at conversion |
| **27 If convertible, mandatory or optional conversion** | Mandatory upon satisfaction of certain conditions | Mandatory upon satisfaction of certain conditions | Mandatory upon satisfaction of certain conditions | Mandatory upon satisfaction of certain conditions | Mandatory upon satisfaction of certain conditions |
| **28 If convertible, specify instrument type convertible into** | Common Equity Tier 1 | Common Equity Tier 1 | Common Equity Tier 1 | Common Equity Tier 1 | Common Equity Tier 1 |
| **29 If convertible, specify issuer of instrument it converts into** | HSBC Holdings plc | HSBC Holdings plc | HSBC Holdings plc | HSBC Holdings plc | HSBC Holdings plc |
| **30 Write-down features** | Yes | Yes | Yes | Yes | Yes |
| **31 If write-down, write-down trigger(s)** | N/A | N/A | N/A | N/A | N/A |
| **32 If write-down, full or partial** | May be written down partially | May be written down partially | May be written down partially | May be written down partially | May be written down partially |
| **33 If write-down, permanent or temporary** | Permanent | Permanent | Permanent | Permanent | Permanent |
| **34 If temporary write-down, description of write-up mechanism** | N/A | N/A | N/A | N/A | N/A |
| **34a Type of subordination (only for eligible liabilities)** | N/A | N/A | N/A | N/A | N/A |
| **UK-34b Ranking of the instrument in normal insolvency proceedings²** | 3- Subordinated notes | 3- Subordinated notes | 3- Subordinated notes | 3- Subordinated notes | 3- Subordinated notes |
| **35 Position in subordination hierarchy in liquidation (specify instrument type immediately senior to instrument)** | Immediately subordinate to senior creditors | Immediately subordinate to senior creditors | Immediately subordinate to senior creditors | Immediately subordinate to senior creditors | Immediately subordinate to senior creditors |
| **36 Non-compliant transitioned features** | No | No | No | No | No |
| **37 If yes, specify non-compliant features** | N/A | N/A | N/A | N/A | N/A |
| **37a Link to the full terms and conditions of the instrument (signposting)** | https://www.hsbc.com/investors/fixed-income-investors/final-terms-and-supplements/hsbc-holdings-plc?page=1&take=20&isin=US404280AU33 | https://www.hsbc.com/investors/fixed-income-investors/final-terms-and-supplements/hsbc-holdings-plc?page=1&take=20&isin=XS1428953407 | https://www.hsbc.com/investors/fixed-income-investors/final-terms-and-supplements/hsbc-holdings-plc?page=1&take=20&isin=US404280BH13 | https://www.hsbc.com/investors/fixed-income-investors/final-terms-and-supplements/hsbc-holdings-plc?page=1&take=20&isin=US404280DC08 | https://www.hsbc.com/investors/fixed-income-investors/final-terms-and-supplements/hsbc-holdings-plc?page=1&take=20&isin=XS2491654179 |

Page 9

| Counts towards own funds and MREL requirements: Tier 2¹ | HSBC Holdings plc | HSBC Holdings plc | HSBC Holdings plc | HSBC Holdings plc | HSBC Holdings plc |
| :--- | :--- | :--- | :--- | :--- | :--- |
| **1 Issuer** | HSBC Holdings plc | HSBC Holdings plc | HSBC Holdings plc | HSBC Holdings plc | HSBC Holdings plc |
| **2 Unique identifier (eg CUSIP, ISIN or Bloomberg identifier for private placement)** | US404280AU33 | XS1428953407 | US404280BH13 | US404280DC08 | XS2491654179 |
| **2a Public or private placement** | Public | Public | Public | Public | Public |
| **3 Governing law(s) of the instrument** | Laws of the State of New York, save for the subordination provision and consent to the exercise of UK bail-in power | English law | Laws of the State of New York, save for the subordination provision | Laws of the State of New York, save for the subordination provision | English law |
| **3a Contractual recognition of write down and conversion powers of resolution authorities** | Yes | Yes | Yes | Yes | Yes |
| **4 Regulatory treatment** | | | | | |
| **5 Current treatment taking into account, where applicable, transitional CRR rules** | Tier 2 | Tier 2 | Tier 2 | Tier 2 | Tier 2 |
| **5a Post-transitional CRR rules** | Tier 2 | Tier 2 | Tier 2 | Tier 2 | Tier 2 |
| **6 Eligible at solo/(sub-)consolidated/ solo&(sub-)consolidated** | Consolidated | Consolidated | Consolidated | Consolidated | Consolidated |
| **7 Instrument type (types to be specified by each jurisdiction)** | Tier 2 | Tier 2 | Tier 2 | Tier 2 | Tier 2 |
| **8 Amount recognised in regulatory capital or eligible liabilities (Currency in million, as of most recent reporting date)¹** | USD 22m | USD 639m | USD 230m | EUR 1,000m (USD 1,174m) | USD 736m |
| **9 Nominal amount of instrument** | USD 1,014m | USD 892m | USD 230m | EUR 1,000m (USD 1,174m) | SGD 900m (USD 706m) |
| **UK-9a Issue price** | 100.000% | 100.000% | 100.000% | 100.000% | 100.000% |
| **UK-9b Redemption price** | 100.000% | 100.000% | 100.000% | 100.000% | 100.000% |
| **10 Accounting classification** | Liability - fair value | Liability - fair value | Liability fair value | Liability - amortised cost | Liability fair value |
| **11 Original date of issuance** | 18 Aug 2015 | 07 Jun 2016 | 23 Nov 2016 | 29 Mar 2010 | 27 Jun 2022 |
| **12 Perpetual or dated** | Dated | Dated | Dated | Dated | Dated |
| **13 Original maturity date** | 18 Aug 2025 | 07 Jun 2028 | 23 Nov 2026 | 29 Mar 2040 | 27 Jun 2032 |
| **14 Issuer call subject to prior supervisory approval** | Yes | Yes | Yes | Yes | Yes |
| **15 Optional call date, contingent call dates and redemption amount** | Tax or Capital disqualification event at any time / Par | Tax event at any time / Par | Tax event at any time / Par | Tax event at any time / Par | 27 Jun 2027/Tax or Capital disqualification event at any time / Par |
| **16 Subsequent call dates, if applicable** | N/A | N/A | N/A | N/A | N/A |
| **Coupons/dividends** | | | | | |
| **17 Fixed or floating dividend/coupon** | Fixed | Fixed | Fixed | Fixed | Fixed to floating |
| **18 Coupon rate and any related index** | 4.250% | 3.125% | 4.375% | 6.000% | From 27/06/2027 rate resets from fixed 5.250% to 5 year SORA OIS + 2.426% |
| **19 Existence of a dividend stopper** | No | No | No | No | No |
| **UK-20a Fully discretionary, partially discretionary or mandatory (in terms of timing)** | No | No | No | No | No |
| **UK-20b Fully discretionary, partially discretionary or mandatory (in terms of amount)** | Mandatory | Mandatory | Mandatory | Mandatory | Mandatory |
| **21 Existence of step up or other incentive to redeem** | No | No | No | No | No |
| **22 Non-cumulative or cumulative** | Cumulative | Cumulative | Cumulative | Cumulative | Cumulative |
| **23 Convertible or non-convertible** | Convertible | Convertible | Convertible | Convertible | Convertible |
| **24 If convertible, conversion trigger(s)** | Triggers to statutory bail-in power and mandatory write-down/conversion of capital instruments power under UK Banking Act 2009 - UK BOE/PRA - Contractual recognition | Triggers to statutory bail-in power and mandatory write-down/conversion of capital instruments power under UK Banking Act 2009 - UK BOE/PRA - Contractual recognition | Triggers to statutory bail-in power and mandatory write-down/conversion of capital instruments power under UK Banking Act 2009 - UK BOE/PRA - Contractual recognition | Triggers to statutory bail-in power and mandatory write-down/conversion of capital instruments power under UK Banking Act 2009 - UK BOE/PRA - Contractual recognition | Triggers to statutory bail-in power and mandatory write-down/conversion of capital instruments power under UK Banking Act 2009 - UK BOE/PRA - Statutory and contractual recognition |
| **25 If convertible, fully or partially** | May convert fully or partially | May convert fully or partially | May convert fully or partially | May convert fully or partially | May convert fully or partially |
| **26 If convertible, conversion rate** | To be determined at conversion | To be determined at conversion | To be determined at conversion | To be determined at conversion | To be determined at conversion |
| **27 If convertible, mandatory or optional conversion** | Mandatory upon satisfaction of certain conditions | Mandatory upon satisfaction of certain conditions | Mandatory upon satisfaction of certain conditions | Mandatory upon satisfaction of certain conditions | Mandatory upon satisfaction of certain conditions |
| **28 If convertible, specify instrument type convertible into** | Common Equity Tier 1 | Common Equity Tier 1 | Common Equity Tier 1 | Common Equity Tier 1 | Common Equity Tier 1 |
| **29 If convertible, specify issuer of instrument it converts into** | HSBC Holdings plc | HSBC Holdings plc | HSBC Holdings plc | HSBC Holdings plc | HSBC Holdings plc |
| **30 Write-down features** | Yes | Yes | Yes | Yes | Yes |
| **31 If write-down, write-down trigger(s)** | N/A | N/A | N/A | N/A | N/A |
| **32 If write-down, full or partial** | May be written down partially | May be written down partially | May be written down partially | May be written down partially | May be written down partially |
| **33 If write-down, permanent or temporary** | Permanent | Permanent | Permanent | Permanent | Permanent |
| **34 If temporary write-down, description of write-up mechanism** | N/A | N/A | N/A | N/A | N/A |
| **34a Type of subordination (only for eligible liabilities)** | N/A | N/A | N/A | N/A | N/A |
| **UK-34b Ranking of the instrument in normal insolvency proceedings²** | 3- Subordinated notes | 3- Subordinated notes | 3- Subordinated notes | 3- Subordinated notes | 3- Subordinated notes |
| **35 Position in subordination hierarchy in liquidation (specify instrument type immediately senior to instrument)** | Immediately subordinate to senior creditors | Immediately subordinate to senior creditors | Immediately subordinate to senior creditors | Immediately subordinate to senior creditors | Immediately subordinate to senior creditors |
| **36 Non-compliant transitioned features** | No | No | No | No | No |
| **37 If yes, specify non-compliant features** | N/A | N/A | N/A | N/A | N/A |
| **37a Link to the full terms and conditions of the instrument (signposting)** | https://www.hsbc.com/investors/fixed-income-investors/final-terms-and-supplements/hsbc-holdings-plc?page=1&take=20&isin=US404280AU33 | https://www.hsbc.com/investors/fixed-income-investors/final-terms-and-supplements/hsbc-holdings-plc?page=1&take=20&isin=XS1428953407 | https://www.hsbc.com/investors/fixed-income-investors/final-terms-and-supplements/hsbc-holdings-plc?page=1&take=20&isin=US404280BH13 | https://www.hsbc.com/investors/fixed-income-investors/final-terms-and-supplements/hsbc-holdings-plc?page=1&take=20&isin=US404280DC08 | https://www.hsbc.com/investors/fixed-income-investors/final-terms-and-supplements/hsbc-holdings-plc?page=1&take=20&isin=XS2491654179 |

Page 9

| Counts towards own funds and MREL requirements: Tier 2¹ | HSBC Holdings plc | HSBC Holdings plc | HSBC Holdings plc | HSBC Holdings plc | HSBC Holdings plc |
| :--- | :--- | :--- | :--- | :--- | :--- |
| **1 Issuer** | HSBC Holdings plc | HSBC Holdings plc | HSBC Holdings plc | HSBC Holdings plc | HSBC Holdings plc |
| **2 Unique identifier (eg CUSIP, ISIN or Bloomberg identifier for private placement)** | US404280AU33 | XS1428953407 | US404280BH13 | US404280DC08 | XS2491654179 |
| **2a Public or private placement** | Public | Public | Public | Public | Public |
| **3 Governing law(s) of the instrument** | Laws of the State of New York, save for the subordination provision and consent to the exercise of UK bail-in power | English law | Laws of the State of New York, save for the subordination provision | Laws of the State of New York, save for the subordination provision | English law |
| **3a Contractual recognition of write down and conversion powers of resolution authorities** | Yes | Yes | Yes | Yes | Yes |
| **4 Regulatory treatment** | | | | | |
| **5 Current treatment taking into account, where applicable, transitional CRR rules** | Tier 2 | Tier 2 | Tier 2 | Tier 2 | Tier 2 |
| **5a Post-transitional CRR rules** | Tier 2 | Tier 2 | Tier 2 | Tier 2 | Tier 2 |
| **6 Eligible at solo/(sub-)consolidated/ solo&(sub-)consolidated** | Consolidated | Consolidated | Consolidated | Consolidated | Consolidated |
| **7 Instrument type (types to be specified by each jurisdiction)** | Tier 2 | Tier 2 | Tier 2 | Tier 2 | Tier 2 |
| **8 Amount recognised in regulatory capital or eligible liabilities (Currency in million, as of most recent reporting date)¹** | USD 22m | USD 639m | USD 230m | EUR 1,000m (USD 1,174m) | USD 736m |
| **9 Nominal amount of instrument** | USD 1,014m | USD 892m | USD 230m | EUR 1,000m (USD 1,174m) | SGD 900m (USD 706m) |
| **UK-9a Issue price** | 100.000% | 100.000% | 100.000% | 100.000% | 100.000% |
| **UK-9b Redemption price** | 100.000% | 100.000% | 100.000% | 100.000% | 100.000% |
| **10 Accounting classification** | Liability - fair value | Liability - fair value | Liability fair value | Liability - amortised cost | Liability fair value |
| **11 Original date of issuance** | 18 Aug 2015 | 07 Jun 2016 | 23 Nov 2016 | 29 Mar 2010 | 27 Jun 2022 |
| **12 Perpetual or dated** | Dated | Dated | Dated | Dated | Dated |
| **13 Original maturity date** | 18 Aug 2025 | 07 Jun 2028 | 23 Nov 2026 | 29 Mar 2040 | 27 Jun 2032 |
| **14 Issuer call subject to prior supervisory approval** | Yes | Yes | Yes | Yes | Yes |
| **15 Optional call date, contingent call dates and redemption amount** | Tax or Capital disqualification event at any time / Par | Tax event at any time / Par | Tax event at any time / Par | Tax event at any time / Par | 27 Jun 2027/Tax or Capital disqualification event at any time / Par |
| **16 Subsequent call dates, if applicable** | N/A | N/A | N/A | N/A | N/A |
| **Coupons/dividends** | | | | | |
| **17 Fixed or floating dividend/coupon** | Fixed | Fixed | Fixed | Fixed | Fixed to floating |
| **18 Coupon rate and any related index** | 4.250% | 3.125% | 4.375% | 6.000% | From 27/06/2027 rate resets from fixed 5.250% to 5 year SORA OIS + 2.426% |
| **19 Existence of a dividend stopper** | No | No | No | No | No |
| **UK-20a Fully discretionary, partially discretionary or mandatory (in terms of timing)** | No | No | No | No | No |
| **UK-20b Fully discretionary, partially discretionary or mandatory (in terms of amount)** | Mandatory | Mandatory | Mandatory | Mandatory | Mandatory |
| **21 Existence of step up or other incentive to redeem** | No | No | No | No | No |
| **22 Non-cumulative or cumulative** | Cumulative | Cumulative | Cumulative | Cumulative | Cumulative |
| **23 Convertible or non-convertible** | Convertible | Convertible | Convertible | Convertible | Convertible |
| **24 If convertible, conversion trigger(s)** | Triggers to statutory bail-in power and mandatory write-down/conversion of capital instruments power under UK Banking Act 2009 - UK BOE/PRA - Contractual recognition | Triggers to statutory bail-in power and mandatory write-down/conversion of capital instruments power under UK Banking Act 2009 - UK BOE/PRA - Contractual recognition | Triggers to statutory bail-in power and mandatory write-down/conversion of capital instruments power under UK Banking Act 2009 - UK BOE/PRA - Contractual recognition | Triggers to statutory bail-in power and mandatory write-down/conversion of capital instruments power under UK Banking Act 2009 - UK BOE/PRA - Contractual recognition | Triggers to statutory bail-in power and mandatory write-down/conversion of capital instruments power under UK Banking Act 2009 - UK BOE/PRA - Statutory and contractual recognition |
| **25 If convertible, fully or partially** | May convert fully or partially | May convert fully or partially | May convert fully or partially | May convert fully or partially | May convert fully or partially |
| **26 If convertible, conversion rate** | To be determined at conversion | To be determined at conversion | To be determined at conversion | To be determined at conversion | To be determined at conversion |
| **27 If convertible, mandatory or optional conversion** | Mandatory upon satisfaction of certain conditions | Mandatory upon satisfaction of certain conditions | Mandatory upon satisfaction of certain conditions | Mandatory upon satisfaction of certain conditions | Mandatory upon satisfaction of certain conditions |
| **28 If convertible, specify instrument type convertible into** | Common Equity Tier 1 | Common Equity Tier 1 | Common Equity Tier 1 | Common Equity Tier 1 | Common Equity Tier 1 |
| **29 If convertible, specify issuer of instrument it converts into** | HSBC Holdings plc | HSBC Holdings plc | HSBC Holdings plc | HSBC Holdings plc | HSBC Holdings plc |
| **30 Write-down features** | Yes | Yes | Yes | Yes | Yes |
| **31 If write-down, write-down trigger(s)** | N/A | N/A | N/A | N/A | N/A |
| **32 If write-down, full or partial** | May be written down partially | May be written down partially | May be written down partially | May be written down partially | May be written down partially |
| **33 If write-down, permanent or temporary** | Permanent | Permanent | Permanent | Permanent | Permanent |
| **34 If temporary write-down, description of write-up mechanism** | N/A | N/A | N/A | N/A | N/A |
| **34a Type of subordination (only for eligible liabilities)** | N/A | N/A | N/A | N/A | N/A |
| **UK-34b Ranking of the instrument in normal insolvency proceedings²** | 3- Subordinated notes | 3- Subordinated notes | 3- Subordinated notes | 3- Subordinated notes | 3- Subordinated notes |
| **35 Position in subordination hierarchy in liquidation (specify instrument type immediately senior to instrument)** | Immediately subordinate to senior creditors | Immediately subordinate to senior creditors | Immediately subordinate to senior creditors | Immediately subordinate to senior creditors | Immediately subordinate to senior creditors |
| **36 Non-compliant transitioned features** | No | No | No | No | No |
| **37 If yes, specify non-compliant features** | N/A | N/A | N/A | N/A | N/A |
| **37a Link to the full terms and conditions of the instrument (signposting)** | https://www.hsbc.com/investors/fixed-income-investors/final-terms-and-supplements/hsbc-holdings-plc?page=1&take=20&isin=US404280AU33 | https://www.hsbc.com/investors/fixed-income-investors/final-terms-and-supplements/hsbc-holdings-plc?page=1&take=20&isin=XS1428953407 | https://www.hsbc.com/investors/fixed-income-investors/final-terms-and-supplements/hsbc-holdings-plc?page=1&take=20&isin=US404280BH13 | https://www.hsbc.com/investors/fixed-income-investors/final-terms-and-supplements/hsbc-holdings-plc?page=1&take=20&isin=US404280DC08 | https://www.hsbc.com/investors/fixed-income-investors/final-terms-and-supplements/hsbc-holdings-plc?page=1&take=20&isin=XS2491654179 |

Page 9

| Counts towards own funds and MREL requirements: Tier 2¹ | HSBC Holdings plc | HSBC Holdings plc | HSBC Holdings plc | HSBC Holdings plc | HSBC Holdings plc |
| :--- | :--- | :--- | :--- | :--- | :--- |
| **1 Issuer** | HSBC Holdings plc | HSBC Holdings plc | HSBC Holdings plc | HSBC Holdings plc | HSBC Holdings plc |
| **2 Unique identifier (eg CUSIP, ISIN or Bloomberg identifier for private placement)** | US404280AU33 | XS1428953407 | US404280BH13 | US404280DC08 | XS2491654179 |
| **2a Public or private placement** | Public | Public | Public | Public | Public |
| **3 Governing law(s) of the instrument** | Laws of the State of New York, save for the subordination provision and consent to the exercise of UK bail-in power | English law | Laws of the State of New York, save for the subordination provision | Laws of the State of New York, save for the subordination provision | English law |
| **3a Contractual recognition of write down and conversion powers of resolution authorities** | Yes | Yes | Yes | Yes | Yes |
| **4 Regulatory treatment** | | | | | |
| **5 Current treatment taking into account, where applicable, transitional CRR rules** | Tier 2 | Tier 2 | Tier 2 | Tier 2 | Tier 2 |
| **5a Post-transitional CRR rules** | Tier 2 | Tier 2 | Tier 2 | Tier 2 | Tier 2 |
| **6 Eligible at solo/(sub-)consolidated/ solo&(sub-)consolidated** | Consolidated | Consolidated | Consolidated | Consolidated | Consolidated |
| **7 Instrument type (types to be specified by each jurisdiction)** | Tier 2 | Tier 2 | Tier 2 | Tier 2 | Tier 2 |
| **8 Amount recognised in regulatory capital or eligible liabilities (Currency in million, as of most recent reporting date)¹** | USD 22m | USD 639m | USD 230m | EUR 1,000m (USD 1,174m) | USD 736m |
| **9 Nominal amount of instrument** | USD 1,014m | USD 892m | USD 230m | EUR 1,000m (USD 1,174m) | SGD 900m (USD 706m) |
| **UK-9a Issue price** | 100.000% | 100.000% | 100.000% | 100.000% | 100.000% |
| **UK-9b Redemption price** | 100.000% | 100.000% | 100.000% | 100.000% | 100.000% |
| **10 Accounting classification** | Liability - fair value | Liability - fair value | Liability fair value | Liability - amortised cost | Liability fair value |
| **11 Original date of issuance** | 18 Aug 2015 | 07 Jun 2016 | 23 Nov 2016 | 29 Mar 2010 | 27 Jun 2022 |
| **12 Perpetual or dated** | Dated | Dated | Dated | Dated | Dated |
| **13 Original maturity date** | 18 Aug 2025 | 07 Jun 2028 | 23 Nov 2026 | 29 Mar 2040 | 27 Jun 2032 |
| **14 Issuer call subject to prior supervisory approval** | Yes | Yes | Yes | Yes | Yes |
| **15 Optional call date, contingent call dates and redemption amount** | Tax or Capital disqualification event at any time / Par | Tax event at any time / Par | Tax event at any time / Par | Tax event at any time / Par | 27 Jun 2027/Tax or Capital disqualification event at any time / Par |
| **16 Subsequent call dates, if applicable** | N/A | N/A | N/A | N/A | N/A |
| **Coupons/dividends** | | | | | |
| **17 Fixed or floating dividend/coupon** | Fixed | Fixed | Fixed | Fixed | Fixed to floating |
| **18 Coupon rate and any related index** | 4.250% | 3.125% | 4.375% | 6.000% | From 27/06/2027 rate resets from fixed 5.250% to 5 year SORA OIS + 2.426% |
| **19 Existence of a dividend stopper** | No | No | No | No | No |
| **UK-20a Fully discretionary, partially discretionary or mandatory (in terms of timing)** | No | No | No | No | No |
| **UK-20b Fully discretionary, partially discretionary or mandatory (in terms of amount)** | Mandatory | Mandatory | Mandatory | Mandatory | Mandatory |
| **21 Existence of step up or other incentive to redeem** | No | No | No | No | No |
| **22 Non-cumulative or cumulative** | Cumulative | Cumulative | Cumulative | Cumulative | Cumulative |
| **23 Convertible or non-convertible** | Convertible | Convertible | Convertible | Convertible | Convertible |
| **24 If convertible, conversion trigger(s)** | Triggers to statutory bail-in power and mandatory write-down/conversion of capital instruments power under UK Banking Act 2009 - UK BOE/PRA - Contractual recognition | Triggers to statutory bail-in power and mandatory write-down/conversion of capital instruments power under UK Banking Act 2009 - UK BOE/PRA - Contractual recognition | Triggers to statutory bail-in power and mandatory write-down/conversion of capital instruments power under UK Banking Act 2009 - UK BOE/PRA - Contractual recognition | Triggers to statutory bail-in power and mandatory write-down/conversion of capital instruments power under UK Banking Act 2009 - UK BOE/PRA - Contractual recognition | Triggers to statutory bail-in power and mandatory write-down/conversion of capital instruments power under UK Banking Act 2009 - UK BOE/PRA - Statutory and contractual recognition |
| **25 If convertible, fully or partially** | May convert fully or partially | May convert fully or partially | May convert fully or partially | May convert fully or partially | May convert fully or partially |
| **26 If convertible, conversion rate** | To be determined at conversion | To be determined at conversion | To be determined at conversion | To be determined at conversion | To be determined at conversion |
| **27 If convertible, mandatory or optional conversion** | Mandatory upon satisfaction of certain conditions | Mandatory upon satisfaction of certain conditions | Mandatory upon satisfaction of certain conditions | Mandatory upon satisfaction of certain conditions | Mandatory upon satisfaction of certain conditions |
| **28 If convertible, specify instrument type convertible into** | Common Equity Tier 1 | Common Equity Tier 1 | Common Equity Tier 1 | Common Equity Tier 1 | Common Equity Tier 1 |
| **29 If convertible, specify issuer of instrument it converts into** | HSBC Holdings plc | HSBC Holdings plc | HSBC Holdings plc | HSBC Holdings plc | HSBC Holdings plc |
| **30 Write-down features** | Yes | Yes | Yes | Yes | Yes |
| **31 If write-down, write-down trigger(s)** | N/A | N/A | N/A | N/A | N/A |
| **32 If write-down, full or partial** | May be written down partially | May be written down partially | May be written down partially | May be written down partially | May be written down partially |
| **33 If write-down, permanent or temporary** | Permanent | Permanent | Permanent | Permanent | Permanent |
| **34 If temporary write-down, description of write-up mechanism** | N/A | N/A | N/A | N/A | N/A |
| **34a Type of subordination (only for eligible liabilities)** | N/A | N/A | N/A | N/A | N/A |
| **UK-34b Ranking of the instrument in normal insolvency proceedings²** | 3- Subordinated notes | 3- Subordinated notes | 3- Subordinated notes | 3- Subordinated notes | 3- Subordinated notes |
| **35 Position in subordination hierarchy in liquidation (specify instrument type immediately senior to instrument)** | Immediately subordinate to senior creditors | Immediately subordinate to senior creditors | Immediately subordinate to senior creditors | Immediately subordinate to senior creditors | Immediately subordinate to senior creditors |
| **36 Non-compliant transitioned features** | No | No | No | No | No |
| **37 If yes, specify non-compliant features** | N/A | N/A | N/A | N/A | N/A |
| **37a Link to the full terms and conditions of the instrument (signposting)** | https://www.hsbc.com/investors/fixed-income-investors/final-terms-and-supplements/hsbc-holdings-plc?page=1&take=20&isin=US404280AU33 | https://www.hsbc.com/investors/fixed-income-investors/final-terms-and-supplements/hsbc-holdings-plc?page=1&take=20&isin=XS1428953407 | https://www.hsbc.com/investors/fixed-income-investors/final-terms-and-supplements/hsbc-holdings-plc?page=1&take=20&isin=US404280BH13 | https://www.hsbc.com/investors/fixed-income-investors/final-terms-and-supplements/hsbc-holdings-plc?page=1&take=20&isin=US404280DC08 | https://www.hsbc.com/investors/fixed-income-investors/final-terms-and-supplements/hsbc-holdings-plc?page=1&take=20&isin=XS2491654179 |

Page 9

| Counts towards own funds and MREL requirements: Tier 2¹ | HSBC Holdings plc | HSBC Holdings plc | HSBC Holdings plc | HSBC Holdings plc | HSBC Holdings plc |
| :--- | :--- | :--- | :--- | :--- | :--- |
| **1 Issuer** | HSBC Holdings plc | HSBC Holdings plc | HSBC Holdings plc | HSBC Holdings plc | HSBC Holdings plc |
| **2 Unique identifier (eg CUSIP, ISIN or Bloomberg identifier for private placement)** | US404280AU33 | XS1428953407 | US404280BH13 | US404280DC08 | XS2491654179 |
| **2a Public or private placement** | Public | Public | Public | Public | Public |
| **3 Governing law(s) of the instrument** | Laws of the State of New York, save for the subordination provision and consent to the exercise of UK bail-in power | English law | Laws of the State of New York, save for the subordination provision | Laws of the State of New York, save for the subordination provision | English law |
| **3a Contractual recognition of write down and conversion powers of resolution authorities** | Yes | Yes | Yes | Yes | Yes |
| **4 Regulatory treatment** | | | | | |
| **5 Current treatment taking into account, where applicable, transitional CRR rules** | Tier 2 | Tier 2 | Tier 2 | Tier 2 | Tier 2 |
| **5a Post-transitional CRR rules** | Tier 2 | Tier 2 | Tier 2 | Tier 2 | Tier 2 |
| **6 Eligible at solo/(sub-)consolidated/ solo&(sub-)consolidated** | Consolidated | Consolidated | Consolidated | Consolidated | Consolidated |
| **7 Instrument type (types to be specified by each jurisdiction)** | Tier 2 | Tier 2 | Tier 2 | Tier 2 | Tier 2 |
| **8 Amount recognised in regulatory capital or eligible liabilities (Currency in million, as of most recent reporting date)¹** | USD 22m | USD 639m | USD 230m | EUR 1,000m (USD 1,174m) | USD 736m |
| **9 Nominal amount of instrument** | USD 1,014m | USD 892m | USD 230m | EUR 1,000m (USD 1,174m) | SGD 900m (USD 706m) |
| **UK-9a Issue price** | 100.000% | 100.000% | 100.000% | 100.000% | 100.000% |
| **UK-9b Redemption price** | 100.000% | 100.000% | 100.000% | 100.000% | 100.000% |
| **10 Accounting classification** | Liability - fair value | Liability - fair value | Liability fair value | Liability - amortised cost | Liability fair value |
| **11 Original date of issuance** | 18 Aug 2015 | 07 Jun 2016 | 23 Nov 2016 | 29 Mar 2010 | 27 Jun 2022 |
| **12 Perpetual or dated** | Dated | Dated | Dated | Dated | Dated |
| **13 Original maturity date** | 18 Aug 2025 | 07 Jun 2028 | 23 Nov 2026 | 29 Mar 2040 | 27 Jun 2032 |
| **14 Issuer call subject to prior supervisory approval** | Yes | Yes | Yes | Yes | Yes |
| **15 Optional call date, contingent call dates and redemption amount** | Tax or Capital disqualification event at any time / Par | Tax event at any time / Par | Tax event at any time / Par | Tax event at any time / Par | 27 Jun 2027/Tax or Capital disqualification event at any time / Par |
| **16 Subsequent call dates, if applicable** | N/A | N/A | N/A | N/A | N/A |
| **Coupons/dividends** | | | | | |
| **17 Fixed or floating dividend/coupon** | Fixed | Fixed | Fixed | Fixed | Fixed to floating |
| **18 Coupon rate and any related index** | 4.250% | 3.125% | 4.375% | 6.000% | From 27/06/2027 rate resets from fixed 5.250% to 5 year SORA OIS + 2.426% |
| **19 Existence of a dividend stopper** | No | No | No | No | No |
| **UK-20a Fully discretionary, partially discretionary or mandatory (in terms of timing)** | No | No | No | No | No |
| **UK-20b Fully discretionary, partially discretionary or mandatory (in terms of amount)** | Mandatory | Mandatory | Mandatory | Mandatory | Mandatory |
| **21 Existence of step up or other incentive to redeem** | No | No | No | No | No |
| **22 Non-cumulative or cumulative** | Cumulative | Cumulative | Cumulative | Cumulative | Cumulative |
| **23 Convertible or non-convertible** | Convertible | Convertible | Convertible | Convertible | Convertible |
| **24 If convertible, conversion trigger(s)** | Triggers to statutory bail-in power and mandatory write-down/conversion of capital instruments power under UK Banking Act 2009 - UK BOE/PRA - Contractual recognition | Triggers to statutory bail-in power and mandatory write-down/conversion of capital instruments power under UK Banking Act 2009 - UK BOE/PRA - Contractual recognition | Triggers to statutory bail-in power and mandatory write-down/conversion of capital instruments power under UK Banking Act 2009 - UK BOE/PRA - Contractual recognition | Triggers to statutory bail-in power and mandatory write-down/conversion of capital instruments power under UK Banking Act 2009 - UK BOE/PRA - Contractual recognition | Triggers to statutory bail-in power and mandatory write-down/conversion of capital instruments power under UK Banking Act 2009 - UK BOE/PRA - Statutory and contractual recognition |
| **25 If convertible, fully or partially** | May convert fully or partially | May convert fully or partially | May convert fully or partially | May convert fully or partially | May convert fully or partially |
| **26 If convertible, conversion rate** | To be determined at conversion | To be determined at conversion | To be determined at conversion | To be determined at conversion | To be determined at conversion |
| **27 If convertible, mandatory or optional conversion** | Mandatory upon satisfaction of certain conditions | Mandatory upon satisfaction of certain conditions | Mandatory upon satisfaction of certain conditions | Mandatory upon satisfaction of certain conditions | Mandatory upon satisfaction of certain conditions |
| **28 If convertible, specify instrument type convertible into** | Common Equity Tier 1 | Common Equity Tier 1 | Common Equity Tier 1 | Common Equity Tier 1 | Common Equity Tier 1 |
| **29 If convertible, specify issuer of instrument it converts into** | HSBC Holdings plc | HSBC Holdings plc | HSBC Holdings plc | HSBC Holdings plc | HSBC Holdings plc |
| **30 Write-down features** | Yes | Yes | Yes | Yes | Yes |
| **31 If write-down, write-down trigger(s)** | N/A | N/A | N/A | N/A | N/A |
| **32 If write-down, full or partial** | May be written down partially | May be written down partially | May be written down partially | May be written down partially | May be written down partially |
| **33 If write-down, permanent or temporary** | Permanent | Permanent | Permanent | Permanent | Permanent |
| **34 If temporary write-down, description of write-up mechanism** | N/A | N/A | N/A | N/A | N/A |
| **34a Type of subordination (only for eligible liabilities)** | N/A | N/A | N/A | N/A | N/A |
| **UK-34b Ranking of the instrument in normal insolvency proceedings²** | 3- Subordinated notes | 3- Subordinated notes | 3- Subordinated notes | 3- Subordinated notes | 3- Subordinated notes |
| **35 Position in subordination hierarchy in liquidation (specify instrument type immediately senior to instrument)** | Immediately subordinate to senior creditors | Immediately subordinate to senior creditors | Immediately subordinate to senior creditors | Immediately subordinate to senior creditors | Immediately subordinate to senior creditors |
| **36 Non-compliant transitioned features** | No | No | No | No | No |
| **37 If yes, specify non-compliant features** | N/A | N/A | N/A | N/A | N/A |
| **37a Link to the full terms and conditions of the instrument (signposting)** | https://www.hsbc.com/investors/fixed-income-investors/final-terms-and-supplements/hsbc-holdings-plc?page=1&take=20&isin=US404280AU33 | https://www.hsbc.com/investors/fixed-income-investors/final-terms-and-supplements/hsbc-holdings-plc?page=1&take=20&isin=XS1428953407 | https://www.hsbc.com/investors/fixed-income-investors/final-terms-and-supplements/hsbc-holdings-plc?page=1&take=20&isin=US404280BH13 | https://www.hsbc.com/investors/fixed-income-investors/final-terms-and-supplements/hsbc-holdings-plc?page=1&take=20&isin=US404280DC08 | https://www.hsbc.com/investors/fixed-income-investors/final-terms-and-supplements/hsbc-holdings-plc?page=1&take=20&isin=XS2491654179 |

Page 9

| Counts towards own funds and MREL requirements: Tier 2¹ | HSBC Holdings plc | HSBC Holdings plc | HSBC Holdings plc | HSBC Holdings plc | HSBC Holdings plc |
| :--- | :--- | :--- | :--- | :--- | :--- |
| **1 Issuer** | HSBC Holdings plc | HSBC Holdings plc | HSBC Holdings plc | HSBC Holdings plc | HSBC Holdings plc |
| **2 Unique identifier (eg CUSIP, ISIN or Bloomberg identifier for private placement)** | US404280AU33 | XS1428953407 | US404280BH13 | US404280DC08 | XS2491654179 |
| **2a Public or private placement** | Public | Public | Public | Public | Public |
| **3 Governing law(s) of the instrument** | Laws of the State of New York, save for the subordination provision and consent to the exercise of UK bail-in power | English law | Laws of the State of New York, save for the subordination provision | Laws of the State of New York, save for the subordination provision | English law |
| **3a Contractual recognition of write down and conversion powers of resolution authorities** | Yes | Yes | Yes | Yes | Yes |
| **4 Regulatory treatment** | | | | | |
| **5 Current treatment taking into account, where applicable, transitional CRR rules** | Tier 2 | Tier 2 | Tier 2 | Tier 2 | Tier 2 |
| **5a Post-transitional CRR rules** | Tier 2 | Tier 2 | Tier 2 | Tier 2 | Tier 2 |
| **6 Eligible at solo/(sub-)consolidated/ solo&(sub-)consolidated** | Consolidated | Consolidated | Consolidated | Consolidated | Consolidated |
| **7 Instrument type (types to be specified by each jurisdiction)** | Tier 2 | Tier 2 | Tier 2 | Tier 2 | Tier 2 |
| **8 Amount recognised in regulatory capital or eligible liabilities (Currency in million, as of most recent reporting date)¹** | USD 22m | USD 639m | USD 230m | EUR 1,000m (USD 1,174m) | USD 736m |
| **9 Nominal amount of instrument** | USD 1,014m | USD 892m | USD 230m | EUR 1,000m (USD 1,174m) | SGD 900m (USD 706m) |
| **UK-9a Issue price** | 100.000% | 100.000% | 100.000% | 100.000% | 100.000% |
| **UK-9b Redemption price** | 100.000% | 100.000% | 100.000% | 100.000% | 100.000% |
| **10 Accounting classification** | Liability - fair value | Liability - fair value | Liability fair value | Liability - amortised cost | Liability fair value |
| **11 Original date of issuance** | 18 Aug 2015 | 07 Jun 2016 | 23 Nov 2016 | 29 Mar 2010 | 27 Jun 2022 |
| **12 Perpetual or dated** | Dated | Dated | Dated | Dated | Dated |
| **13 Original maturity date** | 18 Aug 2025 | 07 Jun 2028 | 23 Nov 2026 | 29 Mar 2040 | 27 Jun 2032 |
| **14 Issuer call subject to prior supervisory approval** | Yes | Yes | Yes | Yes | Yes |
| **15 Optional call date, contingent call dates and redemption amount** | Tax or Capital disqualification event at any time / Par | Tax event at any time / Par | Tax event at any time / Par | Tax event at any time / Par | 27 Jun 2027/Tax or Capital disqualification event at any time / Par |
| **16 Subsequent call dates, if applicable** | N/A | N/A | N/A | N/A | N/A |
| **Coupons/dividends** | | | | | |
| **17 Fixed or floating dividend/coupon** | Fixed | Fixed | Fixed | Fixed | Fixed to floating |
| **18 Coupon rate and any related index** | 4.250% | 3.125% | 4.375% | 6.000% | From 27/06/2027 rate resets from fixed 5.250% to 5 year SORA OIS + 2.426% |
| **19 Existence of a dividend stopper** | No | No | No | No | No |
| **UK-20a Fully discretionary, partially discretionary or mandatory (in terms of timing)** | No | No | No | No | No |
| **UK-20b Fully discretionary, partially discretionary or mandatory (in terms of amount)** | Mandatory | Mandatory | Mandatory | Mandatory | Mandatory |
| **21 Existence of step up or other incentive to redeem** | No | No | No | No | No |
| **22 Non-cumulative or cumulative** | Cumulative | Cumulative | Cumulative | Cumulative | Cumulative |
| **23 Convertible or non-convertible** | Convertible | Convertible | Convertible | Convertible | Convertible |
| **24 If convertible, conversion trigger(s)** | Triggers to statutory bail-in power and mandatory write-down/conversion of capital instruments power under UK Banking Act 2009 - UK BOE/PRA - Contractual recognition | Triggers to statutory bail-in power and mandatory write-down/conversion of capital instruments power under UK Banking Act 2009 - UK BOE/PRA - Contractual recognition | Triggers to statutory bail-in power and mandatory write-down/conversion of capital instruments power under UK Banking Act 2009 - UK BOE/PRA - Contractual recognition | Triggers to statutory bail-in power and mandatory write-down/conversion of capital instruments power under UK Banking Act 2009 - UK BOE/PRA - Contractual recognition | Triggers to statutory bail-in power and mandatory write-down/conversion of capital instruments power under UK Banking Act 2009 - UK BOE/PRA - Statutory and contractual recognition |
| **25 If convertible, fully or partially** | May convert fully or partially | May convert fully or partially | May convert fully or partially | May convert fully or partially | May convert fully or partially |
| **26 If convertible, conversion rate** | To be determined at conversion | To be determined at conversion | To be determined at conversion | To be determined at conversion | To be determined at conversion |
| **27 If convertible, mandatory or optional conversion** | Mandatory upon satisfaction of certain conditions | Mandatory upon satisfaction of certain conditions | Mandatory upon satisfaction of certain conditions | Mandatory upon satisfaction of certain conditions | Mandatory upon satisfaction of certain conditions |
| **28 If convertible, specify instrument type convertible into** | Common Equity Tier 1 | Common Equity Tier 1 | Common Equity Tier 1 | Common Equity Tier 1 | Common Equity Tier 1 |
| **29 If convertible, specify issuer of instrument it converts into** | HSBC Holdings plc | HSBC Holdings plc | HSBC Holdings plc | HSBC Holdings plc | HSBC Holdings plc |
| **30 Write-down features** | Yes | Yes | Yes | Yes | Yes |
| **31 If write-down, write-down trigger(s)** | N/A | N/A | N/A | N/A | N/A |
| **32 If write-down, full or partial** | May be written down partially | May be written down partially | May be written down partially | May be written down partially | May be written down partially |
| **33 If write-down, permanent or temporary** | Permanent | Permanent | Permanent | Permanent | Permanent |
| **34 If temporary write-down, description of write-up mechanism** | N/A | N/A | N/A | N/A | N/A |
| **34a Type of subordination (only for eligible liabilities)** | N/A | N/A | N/A | N/A | N/A |
| **UK-34b Ranking of the instrument in normal insolvency proceedings²** | 3- Subordinated notes | 3- Subordinated notes | 3- Subordinated notes | 3- Subordinated notes | 3- Subordinated notes |
| **35 Position in subordination hierarchy in liquidation (specify instrument type immediately senior to instrument)** | Immediately subordinate to senior creditors | Immediately subordinate to senior creditors | Immediately subordinate to senior creditors | Immediately subordinate to senior creditors | Immediately subordinate to senior creditors |
| **36 Non-compliant transitioned features** | No | No | No | No | No |
| **37 If yes, specify non-compliant features** | N/A | N/A | N/A | N/A | N/A |
| **37a Link to the full terms and conditions of the instrument (signposting)** | https://www.hsbc.com/investors/fixed-income-investors/final-terms-and-supplements/hsbc-holdings-plc?page=1&take=20&isin=US404280AU33 | https://www.hsbc.com/investors/fixed-income-investors/final-terms-and-supplements/hsbc-holdings-plc?page=1&take=20&isin=XS1428953407 | https://www.hsbc.com/investors/fixed-income-investors/final-terms-and-supplements/hsbc-holdings-plc?page=1&take=20&isin=US404280BH13 | https://www.hsbc.com/investors/fixed-income-investors/final-terms-and-supplements/hsbc-holdings-plc?page=1&take=20&isin=US404280DC08 | https://www.hsbc.com/investors/fixed-income-investors/final-terms-and-supplements/hsbc-holdings-plc?page=1&take=20&isin=XS2491654179 |

Page 9

| Counts towards own funds and MREL requirements: Tier 2¹ | HSBC Holdings plc | HSBC Holdings plc | HSBC Holdings plc | HSBC Holdings plc | HSBC Holdings plc |
| :--- | :--- | :--- | :--- | :--- | :--- |
| **1 Issuer** | HSBC Holdings plc | HSBC Holdings plc | HSBC Holdings plc | HSBC Holdings plc | HSBC Holdings plc |
| **2 Unique identifier (eg CUSIP, ISIN or Bloomberg identifier for private placement)** | US404280AU33 | XS1428953407 | US404280BH13 | US404280DC08 | XS2491654179 |
| **2a Public or private placement** | Public | Public | Public | Public | Public |
| **3 Governing law(s) of the instrument** | Laws of the State of New York, save for the subordination provision and consent to the exercise of UK bail-in power | English law | Laws of the State of New York, save for the subordination provision | Laws of the State of New York, save for the subordination provision | English law |
| **3a Contractual recognition of write down and conversion powers of resolution authorities** | Yes | Yes | Yes | Yes | Yes |
| **4 Regulatory treatment** | | | | | |
| **5 Current treatment taking into account, where applicable, transitional CRR rules** | Tier 2 | Tier 2 | Tier 2 | Tier 2 | Tier 2 |
| **5a Post-transitional CRR rules** | Tier 2 | Tier 2 | Tier 2 | Tier 2 | Tier 2 |
| **6 Eligible at solo/(sub-)consolidated/ solo&(sub-)consolidated** | Consolidated | Consolidated | Consolidated | Consolidated | Consolidated |
| **7 Instrument type (types to be specified by each jurisdiction)** | Tier 2 | Tier 2 | Tier 2 | Tier 2 | Tier 2 |
| **8 Amount recognised in regulatory capital or eligible liabilities (Currency in million, as of most recent reporting date)¹** | USD 22m | USD 639m | USD 230m | EUR 1,000m (USD 1,174m) | USD 736m |
| **9 Nominal amount of instrument** | USD 1,014m | USD 892m | USD 230m | EUR 1,000m (USD 1,174m) | SGD 900m (USD 706m) |
| **UK-9a Issue price** | 100.000% | 100.000% | 100.000% | 100.000% | 100.000% |
| **UK-9b Redemption price** | 100.000% | 100.000% | 100.000% | 100.000% | 100.000% |
| **10 Accounting classification** | Liability - fair value | Liability - fair value | Liability fair value | Liability - amortised cost | Liability fair value |
| **11 Original date of issuance** | 18 Aug 2015 | 07 Jun 2016 | 23 Nov 2016 | 29 Mar 2010 | 27 Jun 2022 |
| **12 Perpetual or dated** | Dated | Dated | Dated | Dated | Dated |
| **13 Original maturity date** | 18 Aug 2025 | 07 Jun 2028 | 23 Nov 2026 | 29 Mar 2040 | 27 Jun 2032 |
| **14 Issuer call subject to prior supervisory approval** | Yes | Yes | Yes | Yes | Yes |
| **15 Optional call date, contingent call dates and redemption amount** | Tax or Capital disqualification event at any time / Par | Tax event at any time / Par | Tax event at any time / Par | Tax event at any time / Par | 27 Jun 2027/Tax or Capital disqualification event at any time / Par |
| **16 Subsequent call dates, if applicable** | N/A | N/A | N/A | N/A | N/A |
| **Coupons/dividends** | | | | | |
| **17 Fixed or floating dividend/coupon** | Fixed | Fixed | Fixed | Fixed | Fixed to floating |
| **18 Coupon rate and any related index** | 4.250% | 3.125% | 4.375% | 6.000% | From 27/06/2027 rate resets from fixed 5.250% to 5 year SORA OIS + 2.426% |
| **19 Existence of a dividend stopper** | No | No | No | No | No |
| **UK-20a Fully discretionary, partially discretionary or mandatory (in terms of timing)** | No | No | No | No | No |
| **UK-20b Fully discretionary, partially discretionary or mandatory (in terms of amount)** | Mandatory | Mandatory | Mandatory | Mandatory | Mandatory |
| **21 Existence of step up or other incentive to redeem** | No | No | No | No | No |
| **22 Non-cumulative or cumulative** | Cumulative | Cumulative | Cumulative | Cumulative | Cumulative |
| **23 Convertible or non-convertible** | Convertible | Convertible | Convertible | Convertible | Convertible |
| **24 If convertible, conversion trigger(s)** | Triggers to statutory bail-in power and mandatory write-down/conversion of capital instruments power under UK Banking Act 2009 - UK BOE/PRA - Contractual recognition | Triggers to statutory bail-in power and mandatory write-down/conversion of capital instruments power under UK Banking Act 2009 - UK BOE/PRA - Contractual recognition | Triggers to statutory bail-in power and mandatory write-down/conversion of capital instruments power under UK Banking Act 2009 - UK BOE/PRA - Contractual recognition | Triggers to statutory bail-in power and mandatory write-down/conversion of capital instruments power under UK Banking Act 2009 - UK BOE/PRA - Contractual recognition | Triggers to statutory bail-in power and mandatory write-down/conversion of capital instruments power under UK Banking Act 2009 - UK BOE/PRA - Statutory and contractual recognition |
| **25 If convertible, fully or partially** | May convert fully or partially | May convert fully or partially | May convert fully or partially | May convert fully or partially | May convert fully or partially |
| **26 If convertible, conversion rate** | To be determined at conversion | To be determined at conversion | To be determined at conversion | To be determined at conversion | To be determined at conversion |
| **27 If convertible, mandatory or optional conversion** | Mandatory upon satisfaction of certain conditions | Mandatory upon satisfaction of certain conditions | Mandatory upon satisfaction of certain conditions | Mandatory upon satisfaction of certain conditions | Mandatory upon satisfaction of certain conditions |
| **28 If convertible, specify instrument type convertible into** | Common Equity Tier 1 | Common Equity Tier 1 | Common Equity Tier 1 | Common Equity Tier 1 | Common Equity Tier 1 |
| **29 If convertible, specify issuer of instrument it converts into** | HSBC Holdings plc | HSBC Holdings plc | HSBC Holdings plc | HSBC Holdings plc | HSBC Holdings plc |
| **30 Write-down features** | Yes | Yes | Yes | Yes | Yes |
| **31 If write-down, write-down trigger(s)** | N/A | N/A | N/A | N/A | N/A |
| **32 If write-down, full or partial** | May be written down partially | May be written down partially | May be written down partially | May be written down partially | May be written down partially |
| **33 If write-down, permanent or temporary** | Permanent | Permanent | Permanent | Permanent | Permanent |
| **34 If temporary write-down, description of write-up mechanism** | N/A | N/A | N/A | N/A | N/A |
| **34a Type of subordination (only for eligible liabilities)** | N/A | N/A | N/A | N/A | N/A |
| **UK-34b Ranking of the instrument in normal insolvency proceedings²** | 3- Subordinated notes | 3- Subordinated notes | 3- Subordinated notes | 3- Subordinated notes | 3- Subordinated notes |
| **35 Position in subordination hierarchy in liquidation (specify instrument type immediately senior to instrument)** | Immediately subordinate to senior creditors | Immediately subordinate to senior creditors | Immediately subordinate to senior creditors | Immediately subordinate to senior creditors | Immediately subordinate to senior creditors |
| **36 Non-compliant transitioned features** | No | No | No | No | No |
| **37 If yes, specify non-compliant features** | N/A | N/A | N/A | N/A | N/A |
| **37a Link to the full terms and conditions of the instrument (signposting)** | https://www.hsbc.com/investors/fixed-income-investors/final-terms-and-supplements/hsbc-holdings-plc?page=1&take=20&isin=US404280AU33 | https://www.hsbc.com/investors/fixed-income-investors/final-terms-and-supplements/hsbc-holdings-plc?page=1&take=20&isin=XS1428953407 | https://www.hsbc.com/investors/fixed-income-investors/final-terms-and-supplements/hsbc-holdings-plc?page=1&take=20&isin=US404280BH13 | https://www.hsbc.com/investors/fixed-income-investors/final-terms-and-supplements/hsbc-holdings-plc?page=1&take=20&isin=US404280DC08 | https://www.hsbc.com/investors/fixed-income-investors/final-terms-and-supplements/hsbc-holdings-plc?page=1&take=20&isin=XS2491654179 |

Page 9

| Counts towards own funds and MREL requirements: Tier 2¹ | HSBC Holdings plc | HSBC Holdings plc | HSBC Holdings plc | HSBC Holdings plc | HSBC Holdings plc |
| :--- | :--- | :--- | :--- | :--- | :--- |
| **1 Issuer** | HSBC Holdings plc | HSBC Holdings plc | HSBC Holdings plc | HSBC Holdings plc | HSBC Holdings plc |
| **2 Unique identifier (eg CUSIP, ISIN or Bloomberg identifier for private placement)** | US404280AU33 | XS1428953407 | US404280BH13 | US404280DC08 | XS2491654179 |
| **2a Public or private placement** | Public | Public | Public | Public | Public |
| **3 Governing law(s) of the instrument** | Laws of the State of New York, save for the subordination provision and consent to the exercise of UK bail-in power | English law | Laws of the State of New York, save for the subordination provision | Laws of the State of New York, save for the subordination provision | English law |
| **3a Contractual recognition of write down and conversion powers of resolution authorities** | Yes | Yes | Yes | Yes | Yes |
| **4 Regulatory treatment** | | | | | |
| **5 Current treatment taking into account, where applicable, transitional CRR rules** | Tier 2 | Tier 2 | Tier 2 | Tier 2 | Tier 2 |
| **5a Post-transitional CRR rules** | Tier 2 | Tier 2 | Tier 2 | Tier 2 | Tier 2 |
| **6 Eligible at solo/(sub-)consolidated/ solo&(sub-)consolidated** | Consolidated | Consolidated | Consolidated | Consolidated | Consolidated |
| **7 Instrument type (types to be specified by each jurisdiction)** | Tier 2 | Tier 2 | Tier 2 | Tier 2 | Tier 2 |
| **8 Amount recognised in regulatory capital or eligible liabilities (Currency in million, as of most recent reporting date)¹** | USD 22m | USD 639m | USD 230m | EUR 1,000m (USD 1,174m) | USD 736m |
| **9 Nominal amount of instrument** | USD 1,014m | USD 892m | USD 230m | EUR 1,000m (USD 1,174m) | SGD 900m (USD 706m) |
| **UK-9a Issue price** | 100.000% | 100.000% | 100.000% | 100.000% | 100.000% |
| **UK-9b Redemption price** | 100.000% | 100.000% | 100.000% | 100.000% | 100.000% |
| **10 Accounting classification** | Liability - fair value | Liability - fair value | Liability fair value | Liability - amortised cost | Liability fair value |
| **11 Original date of issuance** | 18 Aug 2015 | 07 Jun 2016 | 23 Nov 2016 | 29 Mar 2010 | 27 Jun 2022 |
| **12 Perpetual or dated** | Dated | Dated | Dated | Dated | Dated |
| **13 Original maturity date** | 18 Aug 2025 | 07 Jun 2028 | 23 Nov 2026 | 29 Mar 2040 | 27 Jun 2032 |
| **14 Issuer call subject to prior supervisory approval** | Yes | Yes | Yes | Yes | Yes |
| **15 Optional call date, contingent call dates and redemption amount** | Tax or Capital disqualification event at any time / Par | Tax event at any time / Par | Tax event at any time / Par | Tax event at any time / Par | 27 Jun 2027/Tax or Capital disqualification event at any time / Par |
| **16 Subsequent call dates, if applicable** | N/A | N/A | N/A | N/A | N/A |
| **Coupons/dividends** | | | | | |
| **17 Fixed or floating dividend/coupon** | Fixed | Fixed | Fixed | Fixed | Fixed to floating |
| **18 Coupon rate and any related index** | 4.250% | 3.125% | 4.375% | 6.000% | From 27/06/2027 rate resets from fixed 5.250% to 5 year SORA OIS + 2.426% |
| **19 Existence of a dividend stopper** | No | No | No | No | No |
| **UK-20a Fully discretionary, partially discretionary or mandatory (in terms of timing)** | No | No | No | No | No |
| **UK-20b Fully discretionary, partially discretionary or mandatory (in terms of amount)** | Mandatory | Mandatory | Mandatory | Mandatory | Mandatory |
| **21 Existence of step up or other incentive to redeem** | No | No | No | No | No |
| **22 Non-cumulative or cumulative** | Cumulative | Cumulative | Cumulative | Cumulative | Cumulative |
| **23 Convertible or non-convertible** | Convertible | Convertible | Convertible | Convertible | Convertible |
| **24 If convertible, conversion trigger(s)** | Triggers to statutory bail-in power and mandatory write-down/conversion of capital instruments power under UK Banking Act 2009 - UK BOE/PRA - Contractual recognition | Triggers to statutory bail-in power and mandatory write-down/conversion of capital instruments power under UK Banking Act 2009 - UK BOE/PRA - Contractual recognition | Triggers to statutory bail-in power and mandatory write-down/conversion of capital instruments power under UK Banking Act 2009 - UK BOE/PRA - Contractual recognition | Triggers to statutory bail-in power and mandatory write-down/conversion of capital instruments power under UK Banking Act 2009 - UK BOE/PRA - Contractual recognition | Triggers to statutory bail-in power and mandatory write-down/conversion of capital instruments power under UK Banking Act 2009 - UK BOE/PRA - Statutory and contractual recognition |
| **25 If convertible, fully or partially** | May convert fully or partially | May convert fully or partially | May convert fully or partially | May convert fully or partially | May convert fully or partially |
| **26 If convertible, conversion rate** | To be determined at conversion | To be determined at conversion | To be determined at conversion | To be determined at conversion | To be determined at conversion |
| **27 If convertible, mandatory or optional conversion** | Mandatory upon satisfaction of certain conditions | Mandatory upon satisfaction of certain conditions | Mandatory upon satisfaction of certain conditions | Mandatory upon satisfaction of certain conditions | Mandatory upon satisfaction of certain conditions |
| **28 If convertible, specify instrument type convertible into** | Common Equity Tier 1 | Common Equity Tier 1 | Common Equity Tier 1 | Common Equity Tier 1 | Common Equity Tier 1 |
| **29 If convertible, specify issuer of instrument it converts into** | HSBC Holdings plc | HSBC Holdings plc | HSBC Holdings plc | HSBC Holdings plc | HSBC Holdings plc |
| **30 Write-down features** | Yes | Yes | Yes | Yes | Yes |
| **31 If write-down, write-down trigger(s)** | N/A | N/A | N/A | N/A | N/A |
| **32 If write-down, full or partial** | May be written down partially | May be written down partially | May be written down partially | May be written down partially | May be written down partially |
| **33 If write-down, permanent or temporary** | Permanent | Permanent | Permanent | Permanent | Permanent |
| **34 If temporary write-down, description of write-up mechanism** | N/A | N/A | N/A | N/A | N/A |
| **34a Type of subordination (only for eligible liabilities)** | N/A | N/A | N/A | N/A | N/A |
| **UK-34b Ranking of the instrument in normal insolvency proceedings²** | 3- Subordinated notes | 3- Subordinated notes | 3- Subordinated notes | 3- Subordinated notes | 3- Subordinated notes |
| **35 Position in subordination hierarchy in liquidation (specify instrument type immediately senior to instrument)** | Immediately subordinate to senior creditors | Immediately subordinate to senior creditors | Immediately subordinate to senior creditors | Immediately subordinate to senior creditors | Immediately subordinate to senior creditors |
| **36 Non-compliant transitioned features** | No | No | No | No | No |
| **37 If yes, specify non-compliant features** | N/A | N/A | N/A | N/A | N/A |
| **37a Link to the full terms and conditions of the instrument (signposting)** | https://www.hsbc.com/investors/fixed-income-investors/final-terms-and-supplements/hsbc-holdings-plc?page=1&take=20&isin=US404280AU33 | https://www.hsbc.com/investors/fixed-income-investors/final-terms-and-supplements/hsbc-holdings-plc?page=1&take=20&isin=XS1428953407 | https://www.hsbc.com/investors/fixed-income-investors/final-terms-and-supplements/hsbc-holdings-plc?page=1&take=20&isin=US404280BH13 | https://www.hsbc.com/investors/fixed-income-investors/final-terms-and-supplements/hsbc-holdings-plc?page=1&take=20&isin=US404280DC08 | https://www.hsbc.com/investors/fixed-income-investors/final-terms-and-supplements/hsbc-holdings-plc?page=1&take=20&isin=XS2491654179 |

Page 9

| Counts towards own funds and MREL requirements: Tier 2¹ | HSBC Holdings plc | HSBC Holdings plc | HSBC Holdings plc | HSBC Holdings plc | HSBC Holdings plc |
| :--- | :--- | :--- | :--- | :--- | :--- |
| **1 Issuer** | HSBC Holdings plc | HSBC Holdings plc | HSBC Holdings plc | HSBC Holdings plc | HSBC Holdings plc |
| **2 Unique identifier (eg CUSIP, ISIN or Bloomberg identifier for private placement)** | US404280AU33 | XS1428953407 | US404280BH13 | US404280DC08 | XS2491654179 |
| **2a Public or private placement** | Public | Public | Public | Public | Public |
| **3 Governing law(s) of the instrument** | Laws of the State of New York, save for the subordination provision and consent to the exercise of UK bail-in power | English law | Laws of the State of New York, save for the subordination provision | Laws of the State of New York, save for the subordination provision | English law |
| **3a Contractual recognition of write down and conversion powers of resolution authorities** | Yes | Yes | Yes | Yes | Yes |
| **4 Regulatory treatment** | | | | | |
| **5 Current treatment taking into account, where applicable, transitional CRR rules** | Tier 2 | Tier 2 | Tier 2 | Tier 2 | Tier 2 |
| **5a Post-transitional CRR rules** | Tier 2 | Tier 2 | Tier 2 | Tier 2 | Tier 2 |
| **6 Eligible at solo/(sub-)consolidated/ solo&(sub-)consolidated** | Consolidated | Consolidated | Consolidated | Consolidated | Consolidated |
| **7 Instrument type (types to be specified by each jurisdiction)** | Tier 2 | Tier 2 | Tier 2 | Tier 2 | Tier 2 |
| **8 Amount recognised in regulatory capital or eligible liabilities (Currency in million, as of most recent reporting date)¹** | USD 22m | USD 639m | USD 230m | EUR 1,000m (USD 1,174m) | USD 736m |
| **9 Nominal amount of instrument** | USD 1,014m | USD 892m | USD 230m | EUR 1,000m (USD 1,174m) | SGD 900m (USD 706m) |
| **UK-9a Issue price** | 100.000% | 100.000% | 100.000% | 100.000% | 100.000% |
| **UK-9b Redemption price** | 100.000% | 100.000% | 100.000% | 100.000% | 100.000% |
| **10 Accounting classification** | Liability - fair value | Liability - fair value | Liability fair value | Liability - amortised cost | Liability fair value |
| **11 Original date of issuance** | 18 Aug 2015 | 07 Jun 2016 | 23 Nov 2016 | 29 Mar 2010 | 27 Jun 2022 |
| **12 Perpetual or dated** | Dated | Dated | Dated | Dated | Dated |
| **13 Original maturity date** | 18 Aug 2025 | 07 Jun 2028 | 23 Nov 2026 | 29 Mar 2040 | 27 Jun 2032 |
| **14 Issuer call subject to prior supervisory approval** | Yes | Yes | Yes | Yes | Yes |
| **15 Optional call date, contingent call dates and redemption amount** | Tax or Capital disqualification event at any time / Par | Tax event at any time / Par | Tax event at any time / Par | Tax event at any time / Par | 27 Jun 2027/Tax or Capital disqualification event at any time / Par |
| **16 Subsequent call dates, if applicable** | N/A | N/A | N/A | N/A | N/A |
| **Coupons/dividends** | | | | | |
| **17 Fixed or floating dividend/coupon** | Fixed | Fixed | Fixed | Fixed | Fixed to floating |
| **18 Coupon rate and any related index** | 4.250% | 3.125% | 4.375% | 6.000% | From 27/06/2027 rate resets from fixed 5.250% to 5 year SORA OIS + 2.426% |
| **19 Existence of a dividend stopper** | No | No | No | No | No |
| **UK-20a Fully discretionary, partially discretionary or mandatory (in terms of timing)** | No | No | No | No | No |
| **UK-20b Fully discretionary, partially discretionary or mandatory (in terms of amount)** | Mandatory | Mandatory | Mandatory | Mandatory | Mandatory |
| **21 Existence of step up or other incentive to redeem** | No | No | No | No | No |
| **22 Non-cumulative or cumulative** | Cumulative | Cumulative | Cumulative | Cumulative | Cumulative |
| **23 Convertible or non-convertible** | Convertible | Convertible | Convertible | Convertible | Convertible |
| **24 If convertible, conversion trigger(s)** | Triggers to statutory bail-in power and mandatory write-down/conversion of capital instruments power under UK Banking Act 2009 - UK BOE/PRA - Contractual recognition | Triggers to statutory bail-in power and mandatory write-down/conversion of capital instruments power under UK Banking Act 2009 - UK BOE/PRA - Contractual recognition | Triggers to statutory bail-in power and mandatory write-down/conversion of capital instruments power under UK Banking Act 2009 - UK BOE/PRA - Contractual recognition | Triggers to statutory bail-in power and mandatory write-down/conversion of capital instruments power under UK Banking Act 2009 - UK BOE/PRA - Contractual recognition | Triggers to statutory bail-in power and mandatory write-down/conversion of capital instruments power under UK Banking Act 2009 - UK BOE/PRA - Statutory and contractual recognition |
| **25 If convertible, fully or partially** | May convert fully or partially | May convert fully or partially | May convert fully or partially | May convert fully or partially | May convert fully or partially |
| **26 If convertible, conversion rate** | To be determined at conversion | To be determined at conversion | To be determined at conversion | To be determined at conversion | To be determined at conversion |
| **27 If convertible, mandatory or optional conversion** | Mandatory upon satisfaction of certain conditions | Mandatory upon satisfaction of certain conditions | Mandatory upon satisfaction of certain conditions | Mandatory upon satisfaction of certain conditions | Mandatory upon satisfaction of certain conditions |
| **28 If convertible, specify instrument type convertible into** | Common Equity Tier 1 | Common Equity Tier 1 | Common Equity Tier 1 | Common Equity Tier 1 | Common Equity Tier 1 |
| **29 If convertible, specify issuer of instrument it converts into** | HSBC Holdings plc | HSBC Holdings plc | HSBC Holdings plc | HSBC Holdings plc | HSBC Holdings plc |
| **30 Write-down features** | Yes | Yes | Yes | Yes | Yes |
| **31 If write-down, write-down trigger(s)** | N/A | N/A | N/A | N/A | N/A |
| **32 If write-down, full or partial** | May be written down partially | May be written down partially | May be written down partially | May be written down partially | May be written down partially |
| **33 If write-down, permanent or temporary** | Permanent | Permanent | Permanent | Permanent | Permanent |
| **34 If temporary write-down, description of write-up mechanism** | N/A | N/A | N/A | N/A | N/A |
| **34a Type of subordination (only for eligible liabilities)** | N/A | N/A | N/A | N/A | N/A |
| **UK-34b Ranking of the instrument in normal insolvency proceedings²** | 3- Subordinated notes | 3- Subordinated notes | 3- Subordinated notes | 3- Subordinated notes | 3- Subordinated notes |
| **35 Position in subordination hierarchy in liquidation (specify instrument type immediately senior to instrument)** | Immediately subordinate to senior creditors | Immediately subordinate to senior creditors | Immediately subordinate to senior creditors | Immediately subordinate to senior creditors | Immediately subordinate to senior creditors |
| **36 Non-compliant transitioned features** | No | No | No | No | No |
| **37 If yes, specify non-compliant features** | N/A | N/A | N/A | N/A | N/A |
| **37a Link to the full terms and conditions of the instrument (signposting)** | https://www.hsbc.com/investors/fixed-income-investors/final-terms-and-supplements/hsbc-holdings-plc?page=1&take=20&isin=US404280AU33 | https://www.hsbc.com/investors/fixed-income-investors/final-terms-and-supplements/hsbc-holdings-plc?page=1&take=20&isin=XS1428953407 | https://www.hsbc.com/investors/fixed-income-investors/final-terms-and-supplements/hsbc-holdings-plc?page=1&take=20&isin=US404280BH13 | https://www.hsbc.com/investors/fixed-income-investors/final-terms-and-supplements/hsbc-holdings-plc?page=1&take=20&isin=US404280DC08 | https://www.hsbc.com/investors/fixed-income-investors/final-terms-and-supplements/hsbc-holdings-plc?page=1&take=20&isin=XS2491654179 |

Page 9

| Counts towards own funds and MREL requirements: Tier 2¹ | HSBC Holdings plc | HSBC Holdings plc | HSBC Holdings plc | HSBC Holdings plc | HSBC Holdings plc |
| :--- | :--- | :--- | :--- | :--- | :--- |
| **1 Issuer** | HSBC Holdings plc | HSBC Holdings plc | HSBC Holdings plc | HSBC Holdings plc | HSBC Holdings plc |
| **2 Unique identifier (eg CUSIP, ISIN or Bloomberg identifier for private placement)** | US404280AU33 | XS1428953407 | US404280BH13 | US404280DC08 | XS2491654179 |
| **2a Public or private placement** | Public | Public | Public | Public | Public |
| **3 Governing law(s) of the instrument** | Laws of the State of New York, save for the subordination provision and consent to the exercise of UK bail-in power | English law | Laws of the State of New York, save for the subordination provision | Laws of the State of New York, save for the subordination provision | English law |
| **3a Contractual recognition of write down and conversion powers of resolution authorities** | Yes | Yes | Yes | Yes | Yes |
| **4 Regulatory treatment** | | | | | |
| **5 Current treatment taking into account, where applicable, transitional CRR rules** | Tier 2 | Tier 2 | Tier 2 | Tier 2 | Tier 2 |
| **5a Post-transitional CRR rules** | Tier 2 | Tier 2 | Tier 2 | Tier 2 | Tier 2 |
| **6 Eligible at solo/(sub-)consolidated/ solo&(sub-)consolidated** | Consolidated | Consolidated | Consolidated | Consolidated | Consolidated |
| **7 Instrument type (types to be specified by each jurisdiction)** | Tier 2 | Tier 2 | Tier 2 | Tier 2 | Tier 2 |
| **8 Amount recognised in regulatory capital or eligible liabilities (Currency in million, as of most recent reporting date)¹** | USD 22m | USD 639m | USD 230m | EUR 1,000m (USD 1,174m) | USD 736m |
| **9 Nominal amount of instrument** | USD 1,014m | USD 892m | USD 230m | EUR 1,000m (USD 1,174m) | SGD 900m (USD 706m) |
| **UK-9a Issue price** | 100.000% | 100.000% | 100.000% | 100.000% | 100.000% |
| **UK-9b Redemption price** | 100.000% | 100.000% | 100.000% | 100.000% | 100.000% |
| **10 Accounting classification** | Liability - fair value | Liability - fair value | Liability fair value | Liability - amortised cost | Liability fair value |
| **11 Original date of issuance** | 18 Aug 2015 | 07 Jun 2016 | 23 Nov 2016 | 29 Mar 2010 | 27 Jun 2022 |
| **12 Perpetual or dated** | Dated | Dated | Dated | Dated | Dated |
| **13 Original maturity date** | 18 Aug 2025 | 07 Jun 2028 | 23 Nov 2026 | 29 Mar 2040 | 27 Jun 2032 |
| **14 Issuer call subject to prior supervisory approval** | Yes | Yes | Yes | Yes | Yes |
| **15 Optional call date, contingent call dates and redemption amount** | Tax or Capital disqualification event at any time / Par | Tax event at any time / Par | Tax event at any time / Par | Tax event at any time / Par | 27 Jun 2027/Tax or Capital disqualification event at any time / Par |
| **16 Subsequent call dates, if applicable** | N/A | N/A | N/A | N/A | N/A |
| **Coupons/dividends** | | | | | |
| **17 Fixed or floating dividend/coupon** | Fixed | Fixed | Fixed | Fixed | Fixed to floating |
| **18 Coupon rate and any related index** | 4.250% | 3.125% | 4.375% | 6.000% | From 27/06/2027 rate resets from fixed 5.250% to 5 year SORA OIS + 2.426% |
| **19 Existence of a dividend stopper** | No | No | No | No | No |
| **UK-20a Fully discretionary, partially discretionary or mandatory (in terms of timing)** | No | No | No | No | No |
| **UK-20b Fully discretionary, partially discretionary or mandatory (in terms of amount)** | Mandatory | Mandatory | Mandatory | Mandatory | Mandatory |
| **21 Existence of step up or other incentive to redeem** | No | No | No | No | No |
| **22 Non-cumulative or cumulative** | Cumulative | Cumulative | Cumulative | Cumulative | Cumulative |
| **23 Convertible or non-convertible** | Convertible | Convertible | Convertible | Convertible | Convertible |
| **24 If convertible, conversion trigger(s)** | Triggers to statutory bail-in power and mandatory write-down/conversion of capital instruments power under UK Banking Act 2009 - UK BOE/PRA - Contractual recognition | Triggers to statutory bail-in power and mandatory write-down/conversion of capital instruments power under UK Banking Act 2009 - UK BOE/PRA - Contractual recognition | Triggers to statutory bail-in power and mandatory write-down/conversion of capital instruments power under UK Banking Act 2009 - UK BOE/PRA - Contractual recognition | Triggers to statutory bail-in power and mandatory write-down/conversion of capital instruments power under UK Banking Act 2009 - UK BOE/PRA - Contractual recognition | Triggers to statutory bail-in power and mandatory write-down/conversion of capital instruments power under UK Banking Act 2009 - UK BOE/PRA - Statutory and contractual recognition |
| **25 If convertible, fully or partially** | May convert fully or partially | May convert fully or partially | May convert fully or partially | May convert fully or partially | May convert fully or partially |
| **26 If convertible, conversion rate** | To be determined at conversion | To be determined at conversion | To be determined at conversion | To be determined at conversion | To be determined at conversion |
| **27 If convertible, mandatory or optional conversion** | Mandatory upon satisfaction of certain conditions | Mandatory upon satisfaction of certain conditions | Mandatory upon satisfaction of certain conditions | Mandatory upon satisfaction of certain conditions | Mandatory upon satisfaction of certain conditions |
| **28 If convertible, specify instrument type convertible into** | Common Equity Tier 1 | Common Equity Tier 1 | Common Equity Tier 1 | Common Equity Tier 1 | Common Equity Tier 1 |
| **29 If convertible, specify issuer of instrument it converts into** | HSBC Holdings plc | HSBC Holdings plc | HSBC Holdings plc | HSBC Holdings plc | HSBC Holdings plc |
| **30 Write-down features** | Yes | Yes | Yes | Yes | Yes |
| **31 If write-down, write-down trigger(s)** | N/A | N/A | N/A | N/A | N/A |
| **32 If write-down, full or partial** | May be written down partially | May be written down partially | May be written down partially | May be written down partially | May be written down partially |
| **33 If write-down, permanent or temporary** | Permanent | Permanent | Permanent | Permanent | Permanent |
| **34 If temporary write-down, description of write-up mechanism** | N/A | N/A | N/A | N/A | N/A |
| **34a Type of subordination (only for eligible liabilities)** | N/A | N/A | N/A | N/A | N/A |
| **UK-34b Ranking of the instrument in normal insolvency proceedings²** | 3- Subordinated notes | 3- Subordinated notes | 3- Subordinated notes | 3- Subordinated notes | 3- Subordinated notes |
| **35 Position in subordination hierarchy in liquidation (specify instrument type immediately senior to instrument)** | Immediately subordinate to senior creditors | Immediately subordinate to senior creditors | Immediately subordinate to senior creditors | Immediately subordinate to senior creditors | Immediately subordinate to senior creditors |
| **36 Non-compliant transitioned features** | No | No | No | No | No |
| **37 If yes, specify non-compliant features** | N/A | N/A | N/A | N/A | N/A |
| **37a Link to the full terms and conditions of the instrument (signposting)** | https://www.hsbc.com/investors/fixed-income-investors/final-terms-and-supplements/hsbc-holdings-plc?page=1&take=20&isin=US404280AU33 | https://www.hsbc.com/investors/fixed-income-investors/final-terms-and-supplements/hsbc-holdings-plc?page=1&take=20&isin=XS1428953407 | https://www.hsbc.com/investors/fixed-income-investors/final-terms-and-supplements/hsbc-holdings-plc?page=1&take=20&isin=US404280BH13 | https://www.hsbc.com/investors/fixed-income-investors/final-terms-and-supplements/hsbc-holdings-plc?page=1&take=20&isin=US404280DC08 | https://www.hsbc.com/investors/fixed-income-investors/final-terms-and-supplements/hsbc-holdings-plc?page=1&take=20&isin=XS2491654179 |

Page 9

| Counts towards own funds and MREL requirements: Tier 2¹ | HSBC Holdings plc | HSBC Holdings plc | HSBC Holdings plc | HSBC Holdings plc | HSBC Holdings plc |
| :--- | :--- | :--- | :--- | :--- | :--- |
| **1 Issuer** | HSBC Holdings plc | HSBC Holdings plc | HSBC Holdings plc | HSBC Holdings plc | HSBC Holdings plc |
| **2 Unique identifier (eg CUSIP, ISIN or Bloomberg identifier for private placement)** | US404280AU33 | XS1428953407 | US404280BH13 | US404280DC08 | XS2491654179 |
| **2a Public or private placement** | Public | Public | Public | Public | Public |
| **3 Governing law(s) of the instrument** | Laws of the State of New York, save for the subordination provision and consent to the exercise of UK bail-in power | English law | Laws of the State of New York, save for the subordination provision | Laws of the State of New York, save for the subordination provision | English law |
| **3a Contractual recognition of write down and conversion powers of resolution authorities** | Yes | Yes | Yes | Yes | Yes |
| **4 Regulatory treatment** | | | | | |
| **5 Current treatment taking into account, where applicable, transitional CRR rules** | Tier 2 | Tier 2 | Tier 2 | Tier 2 | Tier 2 |
| **5a Post-transitional CRR rules** | Tier 2 | Tier 2 | Tier 2 | Tier 2 | Tier 2 |
| **6 Eligible at solo/(sub-)consolidated/ solo&(sub-)consolidated** | Consolidated | Consolidated | Consolidated | Consolidated | Consolidated |
| **7 Instrument type (types to be specified by each jurisdiction)** | Tier 2 | Tier 2 | Tier 2 | Tier 2 | Tier 2 |
| **8 Amount recognised in regulatory capital or eligible liabilities (Currency in million, as of most recent reporting date)¹** | USD 22m | USD 639m | USD 230m | EUR 1,000m (USD 1,174m) | USD 736m |
| **9 Nominal amount of instrument** | USD 1,014m | USD 892m | USD 230m | EUR 1,000m (USD 1,174m) | SGD 900m (USD 706m) |
| **UK-9a Issue price** | 100.000% | 100.000% | 100.000% | 100.000% | 100.000% |
| **UK-9b Redemption price** | 100.000% | 100.000% | 100.000% | 100.000% | 100.000% |
| **10 Accounting classification** | Liability - fair value | Liability - fair value | Liability fair value | Liability - amortised cost | Liability fair value |
| **11 Original date of issuance** | 18 Aug 2015 | 07 Jun 2016 | 23 Nov 2016 | 29 Mar 2010 | 27 Jun 2022 |
| **12 Perpetual or dated** | Dated | Dated | Dated | Dated | Dated |
| **13 Original maturity date** | 18 Aug 2025 | 07 Jun 2028 | 23 Nov 2026 | 29 Mar 2040 | 27 Jun 2032 |
| **14 Issuer call subject to prior supervisory approval** | Yes | Yes | Yes | Yes | Yes |
| **15 Optional call date, contingent call dates and redemption amount** | Tax or Capital disqualification event at any time / Par | Tax event at any time / Par | Tax event at any time / Par | Tax event at any time / Par | 27 Jun 2027/Tax or Capital disqualification event at any time / Par |
| **16 Subsequent call dates, if applicable** | N/A | N/A | N/A | N/A | N/A |
| **Coupons/dividends** | | | | | |
| **17 Fixed or floating dividend/coupon** | Fixed | Fixed | Fixed | Fixed | Fixed to floating |
| **18 Coupon rate and any related index** | 4.250% | 3.125% | 4.375% | 6.000% | From 27/06/2027 rate resets from fixed 5.250% to 5 year SORA OIS + 2.426% |
| **19 Existence of a dividend stopper** | No | No | No | No | No |
| **UK-20a Fully discretionary, partially discretionary or mandatory (in terms of timing)** | No | No | No | No | No |
| **UK-20b Fully discretionary, partially discretionary or mandatory (in terms of amount)** | Mandatory | Mandatory | Mandatory | Mandatory | Mandatory |
| **21 Existence of step up or other incentive to redeem** | No | No | No | No | No |
| **22 Non-cumulative or cumulative** | Cumulative | Cumulative | Cumulative | Cumulative | Cumulative |
| **23 Convertible or non-convertible** | Convertible | Convertible | Convertible | Convertible | Convertible |
| **24 If convertible, conversion trigger(s)** | Triggers to statutory bail-in power and mandatory write-down/conversion of capital instruments power under UK Banking Act 2009 - UK BOE/PRA - Contractual recognition | Triggers to statutory bail-in power and mandatory write-down/conversion of capital instruments power under UK Banking Act 2009 - UK BOE/PRA - Contractual recognition | Triggers to statutory bail-in power and mandatory write-down/conversion of capital instruments power under UK Banking Act 2009 - UK BOE/PRA - Contractual recognition | Triggers to statutory bail-in power and mandatory write-down/conversion of capital instruments power under UK Banking Act 2009 - UK BOE/PRA - Contractual recognition | Triggers to statutory bail-in power and mandatory write-down/conversion of capital instruments power under UK Banking Act 2009 - UK BOE/PRA - Statutory and contractual recognition |
| **25 If convertible, fully or partially** | May convert fully or partially | May convert fully or partially | May convert fully or partially | May convert fully or partially | May convert fully or partially |
| **26 If convertible, conversion rate** | To be determined at conversion | To be determined at conversion | To be determined at conversion | To be determined at conversion | To be determined at conversion |
| **27 If convertible, mandatory or optional conversion** | Mandatory upon satisfaction of certain conditions | Mandatory upon satisfaction of certain conditions | Mandatory upon satisfaction of certain conditions | Mandatory upon satisfaction of certain conditions | Mandatory upon satisfaction of certain conditions |
| **28 If convertible, specify instrument type convertible into** | Common Equity Tier 1 | Common Equity Tier 1 | Common Equity Tier 1 | Common Equity Tier 1 | Common Equity Tier 1 |
| **29 If convertible, specify issuer of instrument it converts into** | HSBC Holdings plc | HSBC Holdings plc | HSBC Holdings plc | HSBC Holdings plc | HSBC Holdings plc |
| **30 Write-down features** | Yes | Yes | Yes | Yes | Yes |
| **31 If write-down, write-down trigger(s)** | N/A | N/A | N/A | N/A | N/A |
| **32 If write-down, full or partial** | May be written down partially | May be written down partially | May be written down partially | May be written down partially | May be written down partially |
| **33 If write-down, permanent or temporary** | Permanent | Permanent | Permanent | Permanent | Permanent |
| **34 If temporary write-down, description of write-up mechanism** | N/A | N/A | N/A | N/A | N/A |
| **34a Type of subordination (only for eligible liabilities)** | N/A | N/A | N/A | N/A | N/A |
| **UK-34b Ranking of the instrument in normal insolvency proceedings²** | 3- Subordinated notes | 3- Subordinated notes | 3- Subordinated notes | 3- Subordinated notes | 3- Subordinated notes |
| **35 Position in subordination hierarchy in liquidation (specify instrument type immediately senior to instrument)** | Immediately subordinate to senior creditors | Immediately subordinate to senior creditors | Immediately subordinate to senior creditors | Immediately subordinate to senior creditors | Immediately subordinate to senior creditors |
| **36 Non-compliant transitioned features** | No | No | No | No | No |
| **37 If yes, specify non-compliant features** | N/A | N/A | N/A | N/A | N/A |
| **37a Link to the full terms and conditions of the instrument (signposting)** | https://www.hsbc.com/investors/fixed-income-investors/final-terms-and-supplements/hsbc-holdings-plc?page=1&take=20&isin=US404280AU33 | https://www.hsbc.com/investors/fixed-income-investors/final-terms-and-supplements/hsbc-holdings-plc?page=1&take=20&isin=XS1428953407 | https://www.hsbc.com/investors/fixed-income-investors/final-terms-and-supplements/hsbc-holdings-plc?page=1&take=20&isin=US404280BH13 | https://www.hsbc.com/investors/fixed-income-investors/final-terms-and-supplements/hsbc-holdings-plc?page=1&take=20&isin=US404280DC08 | https://www.hsbc.com/investors/fixed-income-investors/final-terms-and-supplements/hsbc-holdings-plc?page=1&take=20&isin=XS2491654179 |

Page 9

| Counts towards own funds and MREL requirements: Tier 2¹ | HSBC Holdings plc | HSBC Holdings plc | HSBC Holdings plc | HSBC Holdings plc | HSBC Holdings plc |
| :--- | :--- | :--- | :--- | :--- | :--- |
| **1 Issuer** | HSBC Holdings plc | HSBC Holdings plc | HSBC Holdings plc | HSBC Holdings plc | HSBC Holdings plc |
| **2 Unique identifier (eg CUSIP, ISIN or Bloomberg identifier for private placement)** | US404280AU33 | XS1428953407 | US404280BH13 | US404280DC08 | XS2491654179 |
| **2a Public or private placement** | Public | Public | Public | Public | Public |
| **3 Governing law(s) of the instrument** | Laws of the State of New York, save for the subordination provision and consent to the exercise of UK bail-in power | English law | Laws of the State of New York, save for the subordination provision | Laws of the State of New York, save for the subordination provision | English law |
| **3a Contractual recognition of write down and conversion powers of resolution authorities** | Yes | Yes | Yes | Yes | Yes |
| **4 Regulatory treatment** | | | | | |
| **5 Current treatment taking into account, where applicable, transitional CRR rules** | Tier 2 | Tier 2 | Tier 2 | Tier 2 | Tier 2 |
| **5a Post-transitional CRR rules** | Tier 2 | Tier 2 | Tier 2 | Tier 2 | Tier 2 |
| **6 Eligible at solo/(sub-)consolidated/ solo&(sub-)consolidated** | Consolidated | Consolidated | Consolidated | Consolidated | Consolidated |
| **7 Instrument type (types to be specified by each jurisdiction)** | Tier 2 | Tier 2 | Tier 2 | Tier 2 | Tier 2 |
| **8 Amount recognised in regulatory capital or eligible liabilities (Currency in million, as of most recent reporting date)¹** | USD 22m | USD 639m | USD 230m | EUR 1,000m (USD 1,174m) | USD 736m |
| **9 Nominal amount of instrument** | USD 1,014m | USD 892m | USD 230m | EUR 1,000m (USD 1,174m) | SGD 900m (USD 706m) |
| **UK-9a Issue price** | 100.000% | 100.000% | 100.000% | 100.000% | 100.000% |
| **UK-9b Redemption price** | 100.000% | 100.000% | 100.000% | 100.000% | 100.000% |
| **10 Accounting classification** | Liability - fair value | Liability - fair value | Liability fair value | Liability - amortised cost | Liability fair value |
| **11 Original date of issuance** | 18 Aug 2015 | 07 Jun 2016 | 23 Nov 2016 | 29 Mar 2010 | 27 Jun 2022 |
| **12 Perpetual or dated** | Dated | Dated | Dated | Dated | Dated |
| **13 Original maturity date** | 18 Aug 2025 | 07 Jun 2028 | 23 Nov 2026 | 29 Mar 2040 | 27 Jun 2032 |
| **14 Issuer call subject to prior supervisory approval** | Yes | Yes | Yes | Yes | Yes |
| **15 Optional call date, contingent call dates and redemption amount** | Tax or Capital disqualification event at any time / Par | Tax event at any time / Par | Tax event at any time / Par | Tax event at any time / Par | 27 Jun 2027/Tax or Capital disqualification event at any time / Par |
| **16 Subsequent call dates, if applicable** | N/A | N/A | N/A | N/A | N/A |
| **Coupons/dividends** | | | | | |
| **17 Fixed or floating dividend/coupon** | Fixed | Fixed | Fixed | Fixed | Fixed to floating |
| **18 Coupon rate and any related index** | 4.250% | 3.125% | 4.375% | 6.000% | From 27/06/2027 rate resets from fixed 5.250% to 5 year SORA OIS + 2.426% |
| **19 Existence of a dividend stopper** | No | No | No | No | No |
| **UK-20a Fully discretionary, partially discretionary or mandatory (in terms of timing)** | No | No | No | No | No |
| **UK-20b Fully discretionary, partially discretionary or mandatory (in terms of amount)** | Mandatory | Mandatory | Mandatory | Mandatory | Mandatory |
| **21 Existence of step up or other incentive to redeem** | No | No | No | No | No |
| **22 Non-cumulative or cumulative** | Cumulative | Cumulative | Cumulative | Cumulative | Cumulative |
| **23 Convertible or non-convertible** | Convertible | Convertible | Convertible | Convertible | Convertible |
| **24 If convertible, conversion trigger(s)** | Triggers to statutory bail-in power and mandatory write-down/conversion of capital instruments power under UK Banking Act 2009 - UK BOE/PRA - Contractual recognition | Triggers to statutory bail-in power and mandatory write-down/conversion of capital instruments power under UK Banking Act 2009 - UK BOE/PRA - Contractual recognition | Triggers to statutory bail-in power and mandatory write-down/conversion of capital instruments power under UK Banking Act 2009 - UK BOE/PRA - Contractual recognition | Triggers to statutory bail-in power and mandatory write-down/conversion of capital instruments power under UK Banking Act 2009 - UK BOE/PRA - Contractual recognition | Triggers to statutory bail-in power and mandatory write-down/conversion of capital instruments power under UK Banking Act 2009 - UK BOE/PRA - Statutory and contractual recognition |
| **25 If convertible, fully or partially** | May convert fully or partially | May convert fully or partially | May convert fully or partially | May convert fully or partially | May convert fully or partially |
| **26 If convertible, conversion rate** | To be determined at conversion | To be determined at conversion | To be determined at conversion | To be determined at conversion | To be determined at conversion |
| **27 If convertible, mandatory or optional conversion** | Mandatory upon satisfaction of certain conditions | Mandatory upon satisfaction of certain conditions | Mandatory upon satisfaction of certain conditions | Mandatory upon satisfaction of certain conditions | Mandatory upon satisfaction of certain conditions |
| **28 If convertible, specify instrument type convertible into** | Common Equity Tier 1 | Common Equity Tier 1 | Common Equity Tier 1 | Common Equity Tier 1 | Common Equity Tier 1 |
| **29 If convertible, specify issuer of instrument it converts into** | HSBC Holdings plc | HSBC Holdings plc | HSBC Holdings plc | HSBC Holdings plc | HSBC Holdings plc |
| **30 Write-down features** | Yes | Yes | Yes | Yes | Yes |
| **31 If write-down, write-down trigger(s)** | N/A | N/A | N/A | N/A | N/A |
| **32 If write-down, full or partial** | May be written down partially | May be written down partially | May be written down partially | May be written down partially | May be written down partially |
| **33 If write-down, permanent or temporary** | Permanent | Permanent | Permanent | Permanent | Permanent |
| **34 If temporary write-down, description of write-up mechanism** | N/A | N/A | N/A | N/A | N/A |
| **34a Type of subordination (only for eligible liabilities)** | N/A | N/A | N/A | N/A | N/A |
| **UK-34b Ranking of the instrument in normal insolvency proceedings²** | 3- Subordinated notes | 3- Subordinated notes | 3- Subordinated notes | 3- Subordinated notes | 3- Subordinated notes |
| **35 Position in subordination hierarchy in liquidation (specify instrument type immediately senior to instrument)** | Immediately subordinate to senior creditors | Immediately subordinate to senior creditors | Immediately subordinate to senior creditors | Immediately subordinate to senior creditors | Immediately subordinate to senior creditors |
| **36 Non-compliant transitioned features** | No | No | No | No | No |
| **37 If yes, specify non-compliant features** | N/A | N/A | N/A | N/A | N/A |
| **37a Link to the full terms and conditions of the instrument (signposting)** | https://www.hsbc.com/investors/fixed-income-investors/final-terms-and-supplements/hsbc-holdings-plc?page=1&take=20&isin=US404280AU33 | https://www.hsbc.com/investors/fixed-income-investors/final-terms-and-supplements/hsbc-holdings-plc?page=1&take=20&isin=XS1428953407 | https://www.hsbc.com/investors/fixed-income-investors/final-terms-and-supplements/hsbc-holdings-plc?page=1&take=20&isin=US404280BH13 | https://www.hsbc.com/investors/fixed-income-investors/final-terms-and-supplements/hsbc-holdings-plc?page=1&take=20&isin=US404280DC08 | https://www.hsbc.com/investors/fixed-income-investors/final-terms-and-supplements/hsbc-holdings-plc?page=1&take=20&isin=XS2491654179 |

Page 9

| Counts towards own funds and MREL requirements: Tier 2¹ | HSBC Holdings plc | HSBC Holdings plc | HSBC Holdings plc | HSBC Holdings plc | HSBC Holdings plc |
| :--- | :--- | :--- | :--- | :--- | :--- |
| **1 Issuer** | HSBC Holdings plc | HSBC Holdings plc | HSBC Holdings plc | HSBC Holdings plc | HSBC Holdings plc |
| **2 Unique identifier (eg CUSIP, ISIN or Bloomberg identifier for private placement)** | US404280AU33 | XS1428953407 | US404280BH13 | US404280DC08 | XS2491654179 |
| **2a Public or private placement** | Public | Public | Public | Public | Public |
| **3 Governing law(s) of the instrument** | Laws of the State of New York, save for the subordination provision and consent to the exercise of UK bail-in power | English law | Laws of the State of New York, save for the subordination provision | Laws of the State of New York, save for the subordination provision | English law |
| **3a Contractual recognition of write down and conversion powers of resolution authorities** | Yes | Yes | Yes | Yes | Yes |
| **4 Regulatory treatment** | | | | | |
| **5 Current treatment taking into account, where applicable, transitional CRR rules** | Tier 2 | Tier 2 | Tier 2 | Tier 2 | Tier 2 |
| **5a Post-transitional CRR rules** | Tier 2 | Tier 2 | Tier 2 | Tier 2 | Tier 2 |
| **6 Eligible at solo/(sub-)consolidated/ solo&(sub-)consolidated** | Consolidated | Consolidated | Consolidated | Consolidated | Consolidated |
| **7 Instrument type (types to be specified by each jurisdiction)** | Tier 2 | Tier 2 | Tier 2 | Tier 2 | Tier 2 |
| **8 Amount recognised in regulatory capital or eligible liabilities (Currency in million, as of most recent reporting date)¹** | USD 22m | USD 639m | USD 230m | EUR 1,000m (USD 1,174m) | USD 736m |
| **9 Nominal amount of instrument** | USD 1,014m | USD 892m | USD 230m | EUR 1,000m (USD 1,174m) | SGD 900m (USD 706m) |
| **UK-9a Issue price** | 100.000% | 100.000% | 100.000% | 100.000% | 100.000% |
| **UK-9b Redemption price** | 100.000% | 100.000% | 100.000% | 100.000% | 100.000% |
| **10 Accounting classification** | Liability - fair value | Liability - fair value | Liability fair value | Liability - amortised cost | Liability fair value |
| **11 Original date of issuance** | 18 Aug 2015 | 07 Jun 2016 | 23 Nov 2016 | 29 Mar 2010 | 27 Jun 2022 |
| **12 Perpetual or dated** | Dated | Dated | Dated | Dated | Dated |
| **13 Original maturity date** | 18 Aug 2025 | 07 Jun 2028 | 23 Nov 2026 | 29 Mar 2040 | 27 Jun 2032 |
| **14 Issuer call subject to prior supervisory approval** | Yes | Yes | Yes | Yes | Yes |
| **15 Optional call date, contingent call dates and redemption amount** | Tax or Capital disqualification event at any time / Par | Tax event at any time / Par | Tax event at any time / Par | Tax event at any time / Par | 27 Jun 2027/Tax or Capital disqualification event at any time / Par |
| **16 Subsequent call dates, if applicable** | N/A | N/A | N/A | N/A | N/A |
| **Coupons/dividends** | | | | | |
| **17 Fixed or floating dividend/coupon** | Fixed | Fixed | Fixed | Fixed | Fixed to floating |
| **18 Coupon rate and any related index** | 4.250% | 3.125% | 4.375% | 6.000% | From 27/06/2027 rate resets from fixed 5.250% to 5 year SORA OIS + 2.426% |
| **19 Existence of a dividend stopper** | No | No | No | No | No |
| **UK-20a Fully discretionary, partially discretionary or mandatory (in terms of timing)** | No | No | No | No | No |
| **UK-20b Fully discretionary, partially discretionary or mandatory (in terms of amount)** | Mandatory | Mandatory | Mandatory | Mandatory | Mandatory |
| **21 Existence of step up or other incentive to redeem** | No | No | No | No | No |
| **22 Non-cumulative or cumulative** | Cumulative | Cumulative | Cumulative | Cumulative | Cumulative |
| **23 Convertible or non-convertible** | Convertible | Convertible | Convertible | Convertible | Convertible |
| **24 If convertible, conversion trigger(s)** | Triggers to statutory bail-in power and mandatory write-down/conversion of capital instruments power under UK Banking Act 2009 - UK BOE/PRA - Contractual recognition | Triggers to statutory bail-in power and mandatory write-down/conversion of capital instruments power under UK Banking Act 2009 - UK BOE/PRA - Contractual recognition | Triggers to statutory bail-in power and mandatory write-down/conversion of capital instruments power under UK Banking Act 2009 - UK BOE/PRA - Contractual recognition | Triggers to statutory bail-in power and mandatory write-down/conversion of capital instruments power under UK Banking Act 2009 - UK BOE/PRA - Contractual recognition | Triggers to statutory bail-in power and mandatory write-down/conversion of capital instruments power under UK Banking Act 2009 - UK BOE/PRA - Statutory and contractual recognition |
| **25 If convertible, fully or partially** | May convert fully or partially | May convert fully or partially | May convert fully or partially | May convert fully or partially | May convert fully or partially |
| **26 If convertible, conversion rate** | To be determined at conversion | To be determined at conversion | To be determined at conversion | To be determined at conversion | To be determined at conversion |
| **27 If convertible, mandatory or optional conversion** | Mandatory upon satisfaction of certain conditions | Mandatory upon satisfaction of certain conditions | Mandatory upon satisfaction of certain conditions | Mandatory upon satisfaction of certain conditions | Mandatory upon satisfaction of certain conditions |
| **28 If convertible, specify instrument type convertible into** | Common Equity Tier 1 | Common Equity Tier 1 | Common Equity Tier 1 | Common Equity Tier 1 | Common Equity Tier 1 |
| **29 If convertible, specify issuer of instrument it converts into** | HSBC Holdings plc | HSBC Holdings plc | HSBC Holdings plc | HSBC Holdings plc | HSBC Holdings plc |
| **30 Write-down features** | Yes | Yes | Yes | Yes | Yes |
| **31 If write-down, write-down trigger(s)** | N/A | N/A | N/A | N/A | N/A |
| **32 If write-down, full or partial** | May be written down partially | May be written down partially | May be written down partially | May be written down partially | May be written down partially |
| **33 If write-down, permanent or temporary** | Permanent | Permanent | Permanent | Permanent | Permanent |
| **34 If temporary write-down, description of write-up mechanism** | N/A | N/A | N/A | N/A | N/A |
| **34a Type of subordination (only for eligible liabilities)** | N/A | N/A | N/A | N/A | N/A |
| **UK-34b Ranking of the instrument in normal insolvency proceedings²** | 3- Subordinated notes | 3- Subordinated notes | 3- Subordinated notes | 3- Subordinated notes | 3- Subordinated notes |
| **35 Position in subordination hierarchy in liquidation (specify instrument type immediately senior to instrument)** | Immediately subordinate to senior creditors | Immediately subordinate to senior creditors | Immediately subordinate to senior creditors | Immediately subordinate to senior creditors | Immediately subordinate to senior creditors |
| **36 Non-compliant transitioned features** | No | No | No | No | No |
| **37 If yes, specify non-compliant features** | N/A | N/A | N/A | N/A | N/A |
| **37a Link to the full terms and conditions of the instrument (signposting)** | https://www.hsbc.com/investors/fixed-income-investors/final-terms-and-supplements/hsbc-holdings-plc?page=1&take=20&isin=US404280AU33 | https://www.hsbc.com/investors/fixed-income-investors/final-terms-and-supplements/hsbc-holdings-plc?page=1&take=20&isin=XS1428953407 | https://www.hsbc.com/investors/fixed-income-investors/final-terms-and-supplements/hsbc-holdings-plc?page=1&take=20&isin=US404280BH13 | https://www.hsbc.com/investors/fixed-income-investors/final-terms-and-supplements/hsbc-holdings-plc?page=1&take=20&isin=US404280DC08 | https://www.hsbc.com/investors/fixed-income-investors/final-terms-and-supplements/hsbc-holdings-plc?page=1&take=20&isin=XS2491654179 |

Page 9

| Counts towards own funds and MREL requirements: Tier 2¹ | HSBC Holdings plc | HSBC Holdings plc | HSBC Holdings plc | HSBC Holdings plc | HSBC Holdings plc |
| :--- | :--- | :--- | :--- | :--- | :--- |
| **1 Issuer** | HSBC Holdings plc | HSBC Holdings plc | HSBC Holdings plc | HSBC Holdings plc | HSBC Holdings plc |
| **2 Unique identifier (eg CUSIP, ISIN or Bloomberg identifier for private placement)** | US404280AU33 | XS1428953407 | US404280BH13 | US404280DC08 | XS2491654179 |
| **2a Public or private placement** | Public | Public | Public | Public | Public |
| **3 Governing law(s) of the instrument** | Laws of the State of New York, save for the subordination provision and consent to the exercise of UK bail-in power | English law | Laws of the State of New York, save for the subordination provision | Laws of the State of New York, save for the subordination provision | English law |
| **3a Contractual recognition of write down and conversion powers of resolution authorities** | Yes | Yes | Yes | Yes | Yes |
| **4 Regulatory treatment** | | | | | |
| **5 Current treatment taking into account, where applicable, transitional CRR rules** | Tier 2 | Tier 2 | Tier 2 | Tier 2 | Tier 2 |
| **5a Post-transitional CRR rules** | Tier 2 | Tier 2 | Tier 2 | Tier 2 | Tier 2 |
| **6 Eligible at solo/(sub-)consolidated/ solo&(sub-)consolidated** | Consolidated | Consolidated | Consolidated | Consolidated | Consolidated |
| **7 Instrument type (types to be specified by each jurisdiction)** | Tier 2 | Tier 2 | Tier 2 | Tier 2 | Tier 2 |
| **8 Amount recognised in regulatory capital or eligible liabilities (Currency in million, as of most recent reporting date)¹** | USD 22m | USD 639m | USD 230m | EUR 1,000m (USD 1,174m) | USD 736m |
| **9 Nominal amount of instrument** | USD 1,014m | USD 892m | USD 230m | EUR 1,000m (USD 1,174m) | SGD 900m (USD 706m) |
| **UK-9a Issue price** | 100.000% | 100.000% | 100.000% | 100.000% | 100.000% |
| **UK-9b Redemption price** | 100.000% | 100.000% | 100.000% | 100.000% | 100.000% |
| **10 Accounting classification** | Liability - fair value | Liability - fair value | Liability fair value | Liability - amortised cost | Liability fair value |
| **11 Original date of issuance** | 18 Aug 2015 | 07 Jun 2016 | 23 Nov 2016 | 29 Mar 2010 | 27 Jun 2022 |
| **12 Perpetual or dated** | Dated | Dated | Dated | Dated | Dated |
| **13 Original maturity date** | 18 Aug 2025 | 07 Jun 2028 | 23 Nov 2026 | 29 Mar 2040 | 27 Jun 2032 |
| **14 Issuer call subject to prior supervisory approval** | Yes | Yes | Yes | Yes | Yes |
| **15 Optional call date, contingent call dates and redemption amount** | Tax or Capital disqualification event at any time / Par | Tax event at any time / Par | Tax event at any time / Par | Tax event at any time / Par | 27 Jun 2027/Tax or Capital disqualification event at any time / Par |
| **16 Subsequent call dates, if applicable** | N/A | N/A | N/A | N/A | N/A |
| **Coupons/dividends** | | | | | |
| **17 Fixed or floating dividend/coupon** | Fixed | Fixed | Fixed | Fixed | Fixed to floating |
| **18 Coupon rate and any related index** | 4.250% | 3.125% | 4.375% | 6.000% | From 27/06/2027 rate resets from fixed 5.250% to 5 year SORA OIS + 2.426% |
| **19 Existence of a dividend stopper** | No | No | No | No | No |
| **UK-20a Fully discretionary, partially discretionary or mandatory (in terms of timing)** | No | No | No | No | No |
| **UK-20b Fully discretionary, partially discretionary or mandatory (in terms of amount)** | Mandatory | Mandatory | Mandatory | Mandatory | Mandatory |
| **21 Existence of step up or other incentive to redeem** | No | No | No | No | No |
| **22 Non-cumulative or cumulative** | Cumulative | Cumulative | Cumulative | Cumulative | Cumulative |
| **23 Convertible or non-convertible** | Convertible | Convertible | Convertible | Convertible | Convertible |
| **24 If convertible, conversion trigger(s)** | Triggers to statutory bail-in power and mandatory write-down/conversion of capital instruments power under UK Banking Act 2009 - UK BOE/PRA - Contractual recognition | Triggers to statutory bail-in power and mandatory write-down/conversion of capital instruments power under UK Banking Act 2009 - UK BOE/PRA - Contractual recognition | Triggers to statutory bail-in power and mandatory write-down/conversion of capital instruments power under UK Banking Act 2009 - UK BOE/PRA - Contractual recognition | Triggers to statutory bail-in power and mandatory write-down/conversion of capital instruments power under UK Banking Act 2009 - UK BOE/PRA - Contractual recognition | Triggers to statutory bail-in power and mandatory write-down/conversion of capital instruments power under UK Banking Act 2009 - UK BOE/PRA - Statutory and contractual recognition |
| **25 If convertible, fully or partially** | May convert fully or partially | May convert fully or partially | May convert fully or partially | May convert fully or partially | May convert fully or partially |
| **26 If convertible, conversion rate** | To be determined at conversion | To be determined at conversion | To be determined at conversion | To be determined at conversion | To be determined at conversion |
| **27 If convertible, mandatory or optional conversion** | Mandatory upon satisfaction of certain conditions | Mandatory upon satisfaction of certain conditions | Mandatory upon satisfaction of certain conditions | Mandatory upon satisfaction of certain conditions | Mandatory upon satisfaction of certain conditions |
| **28 If convertible, specify instrument type convertible into** | Common Equity Tier 1 | Common Equity Tier 1 | Common Equity Tier 1 | Common Equity Tier 1 | Common Equity Tier 1 |
| **29 If convertible, specify issuer of instrument it converts into** | HSBC Holdings plc | HSBC Holdings plc | HSBC Holdings plc | HSBC Holdings plc | HSBC Holdings plc |
| **30 Write-down features** | Yes | Yes | Yes | Yes | Yes |
| **31 If write-down, write-down trigger(s)** | N/A | N/A | N/A | N/A | N/A |
| **32 If write-down, full or partial** | May be written down partially | May be written down partially | May be written down partially | May be written down partially | May be written down partially |
| **33 If write-down, permanent or temporary** | Permanent | Permanent | Permanent | Permanent | Permanent |
| **34 If temporary write-down, description of write-up mechanism** | N/A | N/A | N/A | N/A | N/A |
| **34a Type of subordination (only for eligible liabilities)** | N/A | N/A | N/A | N/A | N/A |
| **UK-34b Ranking of the instrument in normal insolvency proceedings²** | 3- Subordinated notes | 3- Subordinated notes | 3- Subordinated notes | 3- Subordinated notes | 3- Subordinated notes |
| **35 Position in subordination hierarchy in liquidation (specify instrument type immediately senior to instrument)** | Immediately subordinate to senior creditors | Immediately subordinate to senior creditors | Immediately subordinate to senior creditors | Immediately subordinate to senior creditors | Immediately subordinate to senior creditors |
| **36 Non-compliant transitioned features** | No | No | No | No | No |
| **37 If yes, specify non-compliant features** | N/A | N/A | N/A | N/A | N/A |
| **37a Link to the full terms and conditions of the instrument (signposting)** | https://www.hsbc.com/investors/fixed-income-investors/final-terms-and-supplements/hsbc-holdings-plc?page=1&take=20&isin=US404280AU33 | https://www.hsbc.com/investors/fixed-income-investors/final-terms-and-supplements/hsbc-holdings-plc?page=1&take=20&isin=XS1428953407 | https://www.hsbc.com/investors/fixed-income-investors/final-terms-and-supplements/hsbc-holdings-plc?page=1&take=20&isin=US404280BH13 | https://www.hsbc.com/investors/fixed-income-investors/final-terms-and-supplements/hsbc-holdings-plc?page=1&take=20&isin=US404280DC08 | https://www.hsbc.com/investors/fixed-income-investors/final-terms-and-supplements/hsbc-holdings-plc?page=1&take=20&isin=XS2491654179 |

Page 9

| Counts towards own funds and MREL requirements: Tier 2¹ | HSBC Holdings plc | HSBC Holdings plc | HSBC Holdings plc | HSBC Holdings plc | HSBC Holdings plc |
| :--- | :--- | :--- | :--- | :--- | :--- |
| **1 Issuer** | HSBC Holdings plc | HSBC Holdings plc | HSBC Holdings plc | HSBC Holdings plc | HSBC Holdings plc |
| **2 Unique identifier (eg CUSIP, ISIN or Bloomberg identifier for private placement)** | US404280AU33 | XS1428953407 | US404280BH13 | US404280DC08 | XS2491654179 |
| **2a Public or private placement** | Public | Public | Public | Public | Public |
| **3 Governing law(s) of the instrument** | Laws of the State of New York, save for the subordination provision and consent to the exercise of UK bail-in power | English law | Laws of the State of New York, save for the subordination provision | Laws of the State of New York, save for the subordination provision | English law |
| **3a Contractual recognition of write down and conversion powers of resolution authorities** | Yes | Yes | Yes | Yes | Yes |
| **4 Regulatory treatment** | | | | | |
| **5 Current treatment taking into account, where applicable, transitional CRR rules** | Tier 2 | Tier 2 | Tier 2 | Tier 2 | Tier 2 |
| **5a Post-transitional CRR rules** | Tier 2 | Tier 2 | Tier 2 | Tier 2 | Tier 2 |
| **6 Eligible at solo/(sub-)consolidated/ solo&(sub-)consolidated** | Consolidated | Consolidated | Consolidated | Consolidated | Consolidated |
| **7 Instrument type (types to be specified by each jurisdiction)** | Tier 2 | Tier 2 | Tier 2 | Tier 2 | Tier 2 |
| **8 Amount recognised in regulatory capital or eligible liabilities (Currency in million, as of most recent reporting date)¹** | USD 22m | USD 639m | USD 230m | EUR 1,000m (USD 1,174m) | USD 736m |
| **9 Nominal amount of instrument** | USD 1,014m | USD 892m | USD 230m | EUR 1,000m (USD 1,174m) | SGD 900m (USD 706m) |
| **UK-9a Issue price** | 100.000% | 100.000% | 100.000% | 100.000% | 100.000% |
| **UK-9b Redemption price** | 100.000% | 100.000% | 100.000% | 100.000% | 100.000% |
| **10 Accounting classification** | Liability - fair value | Liability - fair value | Liability fair value | Liability - amortised cost | Liability fair value |
| **11 Original date of issuance** | 18 Aug 2015 | 07 Jun 2016 | 23 Nov 2016 | 29 Mar 2010 | 27 Jun 2022 |
| **12 Perpetual or dated** | Dated | Dated | Dated | Dated | Dated |
| **13 Original maturity date** | 18 Aug 2025 | 07 Jun 2028 | 23 Nov 2026 | 29 Mar 2040 | 27 Jun 2032 |
| **14 Issuer call subject to prior supervisory approval** | Yes | Yes | Yes | Yes | Yes |
| **15 Optional call date, contingent call dates and redemption amount** | Tax or Capital disqualification event at any time / Par | Tax event at any time / Par | Tax event at any time / Par | Tax event at any time / Par | 27 Jun 2027/Tax or Capital disqualification event at any time / Par |
| **16 Subsequent call dates, if applicable** | N/A | N/A | N/A | N/A | N/A |
| **Coupons/dividends** | | | | | |
| **17 Fixed or floating dividend/coupon** | Fixed | Fixed | Fixed | Fixed | Fixed to floating |
| **18 Coupon rate and any related index** | 4.250% | 3.125% | 4.375% | 6.000% | From 27/06/2027 rate resets from fixed 5.250% to 5 year SORA OIS + 2.426% |
| **19 Existence of a dividend stopper** | No | No | No | No | No |
| **UK-20a Fully discretionary, partially discretionary or mandatory (in terms of timing)** | No | No | No | No | No |
| **UK-20b Fully discretionary, partially discretionary or mandatory (in terms of amount)** | Mandatory | Mandatory | Mandatory | Mandatory | Mandatory |
| **21 Existence of step up or other incentive to redeem** | No | No | No | No | No |
| **22 Non-cumulative or cumulative** | Cumulative | Cumulative | Cumulative | Cumulative | Cumulative |
| **23 Convertible or non-convertible** | Convertible | Convertible | Convertible | Convertible | Convertible |
| **24 If convertible, conversion trigger(s)** | Triggers to statutory bail-in power and mandatory write-down/conversion of capital instruments power under UK Banking Act 2009 - UK BOE/PRA - Contractual recognition | Triggers to statutory bail-in power and mandatory write-down/conversion of capital instruments power under UK Banking Act 2009 - UK BOE/PRA - Contractual recognition | Triggers to statutory bail-in power and mandatory write-down/conversion of capital instruments power under UK Banking Act 2009 - UK BOE/PRA - Contractual recognition | Triggers to statutory bail-in power and mandatory write-down/conversion of capital instruments power under UK Banking Act 2009 - UK BOE/PRA - Contractual recognition | Triggers to statutory bail-in power and mandatory write-down/conversion of capital instruments power under UK Banking Act 2009 - UK BOE/PRA - Statutory and contractual recognition |
| **25 If convertible, fully or partially** | May convert fully or partially | May convert fully or partially | May convert fully or partially | May convert fully or partially | May convert fully or partially |
| **26 If convertible, conversion rate** | To be determined at conversion | To be determined at conversion | To be determined at conversion | To be determined at conversion | To be determined at conversion |
| **27 If convertible, mandatory or optional conversion** | Mandatory upon satisfaction of certain conditions | Mandatory upon satisfaction of certain conditions | Mandatory upon satisfaction of certain conditions | Mandatory upon satisfaction of certain conditions | Mandatory upon satisfaction of certain conditions |
| **28 If convertible, specify instrument type convertible into** | Common Equity Tier 1 | Common Equity Tier 1 | Common Equity Tier 1 | Common Equity Tier 1 | Common Equity Tier 1 |
| **29 If convertible, specify issuer of instrument it converts into** | HSBC Holdings plc | HSBC Holdings plc | HSBC Holdings plc | HSBC Holdings plc | HSBC Holdings plc |
| **30 Write-down features** | Yes | Yes | Yes | Yes | Yes |
| **31 If write-down, write-down trigger(s)** | N/A | N/A | N/A | N/A | N/A |
| **32 If write-down, full or partial** | May be written down partially | May be written down partially | May be written down partially | May be written down partially | May be written down partially |
| **33 If write-down, permanent or temporary** | Permanent | Permanent | Permanent | Permanent | Permanent |
| **34 If temporary write-down, description of write-up mechanism** | N/A | N/A | N/A | N/A | N/A |
| **34a Type of subordination (only for eligible liabilities)** | N/A | N/A | N/A | N/A | N/A |
| **UK-34b Ranking of the instrument in normal insolvency proceedings²** | 3- Subordinated notes | 3- Subordinated notes | 3- Subordinated notes | 3- Subordinated notes | 3- Subordinated notes |
| **35 Position in subordination hierarchy in liquidation (specify instrument type immediately senior to instrument)** | Immediately subordinate to senior creditors | Immediately subordinate to senior creditors | Immediately subordinate to senior creditors | Immediately subordinate to senior creditors | Immediately subordinate to senior creditors |
| **36 Non-compliant transitioned features** | No | No | No | No | No |
| **37 If yes, specify non-compliant features** | N/A | N/A | N/A | N/A | N/A |
| **37a Link to the full terms and conditions of the instrument (signposting)** | https://www.hsbc.com/investors/fixed-income-investors/final-terms-and-supplements/hsbc-holdings-plc?page=1&take=20&isin=US404280AU33 | https://www.hsbc.com/investors/fixed-income-investors/final-terms-and-supplements/hsbc-holdings-plc?page=1&take=20&isin=XS1428953407 | https://www.hsbc.com/investors/fixed-income-investors/final-terms-and-supplements/hsbc-holdings-plc?page=1&take=20&isin=US404280BH13 | https://www.hsbc.com/investors/fixed-income-investors/final-terms-and-supplements/hsbc-holdings-plc?page=1&take=20&isin=US404280DC08 | https://www.hsbc.com/investors/fixed-income-investors/final-terms-and-supplements/hsbc-holdings-plc?page=1&take=20&isin=XS2491654179 |

Page 9

| Counts towards own funds and MREL requirements: Tier 2¹ | HSBC Holdings plc | HSBC Holdings plc | HSBC Holdings plc | HSBC Holdings plc | HSBC Holdings plc |
| :--- | :--- | :--- | :--- | :--- | :--- |
| **1 Issuer** | HSBC Holdings plc | HSBC Holdings plc | HSBC Holdings plc | HSBC Holdings plc | HSBC Holdings plc |
| **2 Unique identifier (eg CUSIP, ISIN or Bloomberg identifier for private placement)** | US404280AU33 | XS1428953407 | US404280BH13 | US404280DC08 | XS2491654179 |
| **2a Public or private placement** | Public | Public | Public | Public | Public |
| **3 Governing law(s) of the instrument** | Laws of the State of New York, save for the subordination provision and consent to the exercise of UK bail-in power | English law | Laws of the State of New York, save for the subordination provision | Laws of the State of New York, save for the subordination provision | English law |
| **3a Contractual recognition of write down and conversion powers of resolution authorities** | Yes | Yes | Yes | Yes | Yes |
| **4 Regulatory treatment** | | | | | |
| **5 Current treatment taking into account, where applicable, transitional CRR rules** | Tier 2 | Tier 2 | Tier 2 | Tier 2 | Tier 2 |
| **5a Post-transitional CRR rules** | Tier 2 | Tier 2 | Tier 2 | Tier 2 | Tier 2 |
| **6 Eligible at solo/(sub-)consolidated/ solo&(sub-)consolidated** | Consolidated | Consolidated | Consolidated | Consolidated | Consolidated |
| **7 Instrument type (types to be specified by each jurisdiction)** | Tier 2 | Tier 2 | Tier 2 | Tier 2 | Tier 2 |
| **8 Amount recognised in regulatory capital or eligible liabilities (Currency in million, as of most recent reporting date)¹** | USD 22m | USD 639m | USD 230m | EUR 1,000m (USD 1,174m) | USD 736m |
| **9 Nominal amount of instrument** | USD 1,014m | USD 892m | USD 230m | EUR 1,000m (USD 1,174m) | SGD 900m (USD 706m) |
| **UK-9a Issue price** | 100.000% | 100.000% | 100.000% | 100.000% | 100.000% |
| **UK-9b Redemption price** | 100.000% | 100.000% | 100.000% | 100.000% | 100.000% |
| **10 Accounting classification** | Liability - fair value | Liability - fair value | Liability fair value | Liability - amortised cost | Liability fair value |
| **11 Original date of issuance** | 18 Aug 2015 | 07 Jun 2016 | 23 Nov 2016 | 29 Mar 2010 | 27 Jun 2022 |
| **12 Perpetual or dated** | Dated | Dated | Dated | Dated | Dated |
| **13 Original maturity date** | 18 Aug 2025 | 07 Jun 2028 | 23 Nov 2026 | 29 Mar 2040 | 27 Jun 2032 |
| **14 Issuer call subject to prior supervisory approval** | Yes | Yes | Yes | Yes | Yes |
| **15 Optional call date, contingent call dates and redemption amount** | Tax or Capital disqualification event at any time / Par | Tax event at any time / Par | Tax event at any time / Par | Tax event at any time / Par | 27 Jun 2027/Tax or Capital disqualification event at any time / Par |
| **16 Subsequent call dates, if applicable** | N/A | N/A | N/A | N/A | N/A |
| **Coupons/dividends** | | | | | |
| **17 Fixed or floating dividend/coupon** | Fixed | Fixed | Fixed | Fixed | Fixed to floating |
| **18 Coupon rate and any related index** | 4.250% | 3.125% | 4.375% | 6.000% | From 27/06/2027 rate resets from fixed 5.250% to 5 year SORA OIS + 2.426% |
| **19 Existence of a dividend stopper** | No | No | No | No | No |
| **UK-20a Fully discretionary, partially discretionary or mandatory (in terms of timing)** | No | No | No | No | No |
| **UK-20b Fully discretionary, partially discretionary or mandatory (in terms of amount)** | Mandatory | Mandatory | Mandatory | Mandatory | Mandatory |
| **21 Existence of step up or other incentive to redeem** | No | No | No | No | No |
| **22 Non-cumulative or cumulative** | Cumulative | Cumulative | Cumulative | Cumulative | Cumulative |
| **23 Convertible or non-convertible** | Convertible | Convertible | Convertible | Convertible | Convertible |
| **24 If convertible, conversion trigger(s)** | Triggers to statutory bail-in power and mandatory write-down/conversion of capital instruments power under UK Banking Act 2009 - UK BOE/PRA - Contractual recognition | Triggers to statutory bail-in power and mandatory write-down/conversion of capital instruments power under UK Banking Act 2009 - UK BOE/PRA - Contractual recognition | Triggers to statutory bail-in power and mandatory write-down/conversion of capital instruments power under UK Banking Act 2009 - UK BOE/PRA - Contractual recognition | Triggers to statutory bail-in power and mandatory write-down/conversion of capital instruments power under UK Banking Act 2009 - UK BOE/PRA - Contractual recognition | Triggers to statutory bail-in power and mandatory write-down/conversion of capital instruments power under UK Banking Act 2009 - UK BOE/PRA - Statutory and contractual recognition |
| **25 If convertible, fully or partially** | May convert fully or partially | May convert fully or partially | May convert fully or partially | May convert fully or partially | May convert fully or partially |
| **26 If convertible, conversion rate** | To be determined at conversion | To be determined at conversion | To be determined at conversion | To be determined at conversion | To be determined at conversion |
| **27 If convertible, mandatory or optional conversion** | Mandatory upon satisfaction of certain conditions | Mandatory upon satisfaction of certain conditions | Mandatory upon satisfaction of certain conditions | Mandatory upon satisfaction of certain conditions | Mandatory upon satisfaction of certain conditions |
| **28 If convertible, specify instrument type convertible into** | Common Equity Tier 1 | Common Equity Tier 1 | Common Equity Tier 1 | Common Equity Tier 1 | Common Equity Tier 1 |
| **29 If convertible, specify issuer of instrument it converts into** | HSBC Holdings plc | HSBC Holdings plc | HSBC Holdings plc | HSBC Holdings plc | HSBC Holdings plc |
| **30 Write-down features** | Yes | Yes | Yes | Yes | Yes |
| **31 If write-down, write-down trigger(s)** | N/A | N/A | N/A | N/A | N/A |
| **32 If write-down, full or partial** | May be written down partially | May be written down partially | May be written down partially | May be written down partially | May be written down partially |
| **33 If write-down, permanent or temporary** | Permanent | Permanent | Permanent | Permanent | Permanent |
| **34 If temporary write-down, description of write-up mechanism** | N/A | N/A | N/A | N/A | N/A |
| **34a Type of subordination (only for eligible liabilities)** | N/A | N/A | N/A | N/A | N/A |
| **UK-34b Ranking of the instrument in normal insolvency proceedings²** | 3- Subordinated notes | 3- Subordinated notes | 3- Subordinated notes | 3- Subordinated notes | 3- Subordinated notes |
| **35 Position in subordination hierarchy in liquidation (specify instrument type immediately senior to instrument)** | Immediately subordinate to senior creditors | Immediately subordinate to senior creditors | Immediately subordinate to senior creditors | Immediately subordinate to senior creditors | Immediately subordinate to senior creditors |
| **36 Non-compliant transitioned features** | No | No | No | No | No |
| **37 If yes, specify non-compliant features** | N/A | N/A | N/A | N/A | N/A |
| **37a Link to the full terms and conditions of the instrument (signposting)** | https://www.hsbc.com/investors/fixed-income-investors/final-terms-and-supplements/hsbc-holdings-plc?page=1&take=20&isin=US404280AU33 | https://www.hsbc.com/investors/fixed-income-investors/final-terms-and-supplements/hsbc-holdings-plc?page=1&take=20&isin=XS1428953407 | https://www.hsbc.com/investors/fixed-income-investors/final-terms-and-supplements/hsbc-holdings-plc?page=1&take=20&isin=US404280BH13 | https://www.hsbc.com/investors/fixed-income-investors/final-terms-and-supplements/hsbc-holdings-plc?page=1&take=20&isin=US404280DC08 | https://www.hsbc.com/investors/fixed-income-investors/final-terms-and-supplements/hsbc-holdings-plc?page=1&take=20&isin=XS2491654179 |

Page 9

| Counts towards own funds and MREL requirements: Tier 2¹ | HSBC Holdings plc | HSBC Holdings plc | HSBC Holdings plc | HSBC Holdings plc | HSBC Holdings plc |
| :--- | :--- | :--- | :--- | :--- | :--- |
| **1 Issuer** | HSBC Holdings plc | HSBC Holdings plc | HSBC Holdings plc | HSBC Holdings plc | HSBC Holdings plc |
| **2 Unique identifier (eg CUSIP, ISIN or Bloomberg identifier for private placement)** | US404280AU33 | XS1428953407 | US404280BH13 | US404280DC08 | XS2491654179 |
| **2a Public or private placement** | Public | Public | Public | Public | Public |
| **3 Governing law(s) of the instrument** | Laws of the State of New York, save for the subordination provision and consent to the exercise of UK bail-in power | English law | Laws of the State of New York, save for the subordination provision | Laws of the State of New York, save for the subordination provision | English law |
| **3a Contractual recognition of write down and conversion powers of resolution authorities** | Yes | Yes | Yes | Yes | Yes |
| **4 Regulatory treatment** | | | | | |
| **5 Current treatment taking into account, where applicable, transitional CRR rules** | Tier 2 | Tier 2 | Tier 2 | Tier 2 | Tier 2 |
| **5a Post-transitional CRR rules** | Tier 2 | Tier 2 | Tier 2 | Tier 2 | Tier 2 |
| **6 Eligible at solo/(sub-)consolidated/ solo&(sub-)consolidated** | Consolidated | Consolidated | Consolidated | Consolidated | Consolidated |
| **7 Instrument type (types to be specified by each jurisdiction)** | Tier 2 | Tier 2 | Tier 2 | Tier 2 | Tier 2 |
| **8 Amount recognised in regulatory capital or eligible liabilities (Currency in million, as of most recent reporting date)¹** | USD 22m | USD 639m | USD 230m | EUR 1,000m (USD 1,174m) | USD 736m |
| **9 Nominal amount of instrument** | USD 1,014m | USD 892m | USD 230m | EUR 1,000m (USD 1,174m) | SGD 900m (USD 706m) |
| **UK-9a Issue price** | 100.000% | 100.000% | 100.000% | 100.000% | 100.000% |
| **UK-9b Redemption price** | 100.000% | 100.000% | 100.000% | 100.000% | 100.000% |
| **10 Accounting classification** | Liability - fair value | Liability - fair value | Liability fair value | Liability - amortised cost | Liability fair value |
| **11 Original date of issuance** | 18 Aug 2015 | 07 Jun 2016 | 23 Nov 2016 | 29 Mar 2010 | 27 Jun 2022 |
| **12 Perpetual or dated** | Dated | Dated | Dated | Dated | Dated |
| **13 Original maturity date** | 18 Aug 2025 | 07 Jun 2028 | 23 Nov 2026 | 29 Mar 2040 | 27 Jun 2032 |
| **14 Issuer call subject to prior supervisory approval** | Yes | Yes | Yes | Yes | Yes |
| **15 Optional call date, contingent call dates and redemption amount** | Tax or Capital disqualification event at any time / Par | Tax event at any time / Par | Tax event at any time / Par | Tax event at any time / Par | 27 Jun 2027/Tax or Capital disqualification event at any time / Par |
| **16 Subsequent call dates, if applicable** | N/A | N/A | N/A | N/A | N/A |
| **Coupons/dividends** | | | | | |
| **17 Fixed or floating dividend/coupon** | Fixed | Fixed | Fixed | Fixed | Fixed to floating |
| **18 Coupon rate and any related index** | 4.250% | 3.125% | 4.375% | 6.000% | From 27/06/2027 rate resets from fixed 5.250% to 5 year SORA OIS + 2.426% |
| **19 Existence of a dividend stopper** | No | No | No | No | No |
| **UK-20a Fully discretionary, partially discretionary or mandatory (in terms of timing)** | No | No | No | No | No |
| **UK-20b Fully discretionary, partially discretionary or mandatory (in terms of amount)** | Mandatory | Mandatory | Mandatory | Mandatory | Mandatory |
| **21 Existence of step up or other incentive to redeem** | No | No | No | No | No |
| **22 Non-cumulative or cumulative** | Cumulative | Cumulative | Cumulative | Cumulative | Cumulative |
| **23 Convertible or non-convertible** | Convertible | Convertible | Convertible | Convertible | Convertible |
| **24 If convertible, conversion trigger(s)** | Triggers to statutory bail-in power and mandatory write-down/conversion of capital instruments power under UK Banking Act 2009 - UK BOE/PRA - Contractual recognition | Triggers to statutory bail-in power and mandatory write-down/conversion of capital instruments power under UK Banking Act 2009 - UK BOE/PRA - Contractual recognition | Triggers to statutory bail-in power and mandatory write-down/conversion of capital instruments power under UK Banking Act 2009 - UK BOE/PRA - Contractual recognition | Triggers to statutory bail-in power and mandatory write-down/conversion of capital instruments power under UK Banking Act 2009 - UK BOE/PRA - Contractual recognition | Triggers to statutory bail-in power and mandatory write-down/conversion of capital instruments power under UK Banking Act 2009 - UK BOE/PRA - Statutory and contractual recognition |
| **25 If convertible, fully or partially** | May convert fully or partially | May convert fully or partially | May convert fully or partially | May convert fully or partially | May convert fully or partially |
| **26 If convertible, conversion rate** | To be determined at conversion | To be determined at conversion | To be determined at conversion | To be determined at conversion | To be determined at conversion |
| **27 If convertible, mandatory or optional conversion** | Mandatory upon satisfaction of certain conditions | Mandatory upon satisfaction of certain conditions | Mandatory upon satisfaction of certain conditions | Mandatory upon satisfaction of certain conditions | Mandatory upon satisfaction of certain conditions |
| **28 If convertible, specify instrument type convertible into** | Common Equity Tier 1 | Common Equity Tier 1 | Common Equity Tier 1 | Common Equity Tier 1 | Common Equity Tier 1 |
| **29 If convertible, specify issuer of instrument it converts into** | HSBC Holdings plc | HSBC Holdings plc | HSBC Holdings plc | HSBC Holdings plc | HSBC Holdings plc |
| **30 Write-down features** | Yes | Yes | Yes | Yes | Yes |
| **31 If write-down, write-down trigger(s)** | N/A | N/A | N/A | N/A | N/A |
| **32 If write-down, full or partial** | May be written down partially | May be written down partially | May be written down partially | May be written down partially | May be written down partially |
| **33 If write-down, permanent or temporary** | Permanent | Permanent | Permanent | Permanent | Permanent |
| **34 If temporary write-down, description of write-up mechanism** | N/A | N/A | N/A | N/A | N/A |
| **34a Type of subordination (only for eligible liabilities)** | N/A | N/A | N/A | N/A | N/A |
| **UK-34b Ranking of the instrument in normal insolvency proceedings²** | 3- Subordinated notes | 3- Subordinated notes | 3- Subordinated notes | 3- Subordinated notes | 3- Subordinated notes |
| **35 Position in subordination hierarchy in liquidation (specify instrument type immediately senior to instrument)** | Immediately subordinate to senior creditors | Immediately subordinate to senior creditors | Immediately subordinate to senior creditors | Immediately subordinate to senior creditors | Immediately subordinate to senior creditors |
| **36 Non-compliant transitioned features** | No | No | No | No | No |
| **37 If yes, specify non-compliant features** | N/A | N/A | N/A | N/A | N/A |
| **37a Link to the full terms and conditions of the instrument (signposting)** | https://www.hsbc.com/investors/fixed-income-investors/final-terms-and-supplements/hsbc-holdings-plc?page=1&take=20&isin=US404280AU33 | https://www.hsbc.com/investors/fixed-income-investors/final-terms-and-supplements/hsbc-holdings-plc?page=1&take=20&isin=XS1428953407 | https://www.hsbc.com/investors/fixed-income-investors/final-terms-and-supplements/hsbc-holdings-plc?page=1&take=20&isin=US404280BH13 | https://www.hsbc.com/investors/fixed-income-investors/final-terms-and-supplements/hsbc-holdings-plc?page=1&take=20&isin=US404280DC08 | https://www.hsbc.com/investors/fixed-income-investors/final-terms-and-supplements/hsbc-holdings-plc?page=1&take=20&isin=XS2491654179 |

Page 9

| Counts towards own funds and MREL requirements: Tier 2¹ | HSBC Holdings plc | HSBC Holdings plc | HSBC Holdings plc | HSBC Holdings plc | HSBC Holdings plc |
| :--- | :--- | :--- | :--- | :--- | :--- |
| **1 Issuer** | HSBC Holdings plc | HSBC Holdings plc | HSBC Holdings plc | HSBC Holdings plc | HSBC Holdings plc |
| **2 Unique identifier (eg CUSIP, ISIN or Bloomberg identifier for private placement)** | US404280AU33 | XS1428953407 | US404280BH13 | US404280DC08 | XS2491654179 |
| **2a Public or private placement** | Public | Public | Public | Public | Public |
| **3 Governing law(s) of the instrument** | Laws of the State of New York, save for the subordination provision and consent to the exercise of UK bail-in power | English law | Laws of the State of New York, save for the subordination provision | Laws of the State of New York, save for the subordination provision | English law |
| **3a Contractual recognition of write down and conversion powers of resolution authorities** | Yes | Yes | Yes | Yes | Yes |
| **4 Regulatory treatment** | | | | | |
| **5 Current treatment taking into account, where applicable, transitional CRR rules** | Tier 2 | Tier 2 | Tier 2 | Tier 2 | Tier 2 |
| **5a Post-transitional CRR rules** | Tier 2 | Tier 2 | Tier 2 | Tier 2 | Tier 2 |
| **6 Eligible at solo/(sub-)consolidated/ solo&(sub-)consolidated** | Consolidated | Consolidated | Consolidated | Consolidated | Consolidated |
| **7 Instrument type (types to be specified by each jurisdiction)** | Tier 2 | Tier 2 | Tier 2 | Tier 2 | Tier 2 |
| **8 Amount recognised in regulatory capital or eligible liabilities (Currency in million, as of most recent reporting date)¹** | USD 22m | USD 639m | USD 230m | EUR 1,000m (USD 1,174m) | USD 736m |
| **9 Nominal amount of instrument** | USD 1,014m | USD 892m | USD 230m | EUR 1,000m (USD 1,174m) | SGD 900m (USD 706m) |
| **UK-9a Issue price** | 100.000% | 100.000% | 100.000% | 100.000% | 100.000% |
| **UK-9b Redemption price** | 100.000% | 100.000% | 100.000% | 100.000% | 100.000% |
| **10 Accounting classification** | Liability - fair value | Liability - fair value | Liability fair value | Liability - amortised cost | Liability fair value |
| **11 Original date of issuance** | 18 Aug 2015 | 07 Jun 2016 | 23 Nov 2016 | 29 Mar 2010 | 27 Jun 2022 |
| **12 Perpetual or dated** | Dated | Dated | Dated | Dated | Dated |
| **13 Original maturity date** | 18 Aug 2025 | 07 Jun 2028 | 23 Nov 2026 | 29 Mar 2040 | 27 Jun 2032 |
| **14 Issuer call subject to prior supervisory approval** | Yes | Yes | Yes | Yes | Yes |
| **15 Optional call date, contingent call dates and redemption amount** | Tax or Capital disqualification event at any time / Par | Tax event at any time / Par | Tax event at any time / Par | Tax event at any time / Par | 27 Jun 2027/Tax or Capital disqualification event at any time / Par |
| **16 Subsequent call dates, if applicable** | N/A | N/A | N/A | N/A | N/A |
| **Coupons/dividends** | | | | | |
| **17 Fixed or floating dividend/coupon** | Fixed | Fixed | Fixed | Fixed | Fixed to floating |
| **18 Coupon rate and any related index** | 4.250% | 3.125% | 4.375% | 6.000% | From 27/06/2027 rate resets from fixed 5.250% to 5 year SORA OIS + 2.426% |
| **19 Existence of a dividend stopper** | No | No | No | No | No |
| **UK-20a Fully discretionary, partially discretionary or mandatory (in terms of timing)** | No | No | No | No | No |
| **UK-20b Fully discretionary, partially discretionary or mandatory (in terms of amount)** | Mandatory | Mandatory | Mandatory | Mandatory | Mandatory |
| **21 Existence of step up or other incentive to redeem** | No | No | No | No | No |
| **22 Non-cumulative or cumulative** | Cumulative | Cumulative | Cumulative | Cumulative | Cumulative |
| **23 Convertible or non-convertible** | Convertible | Convertible | Convertible | Convertible | Convertible |
| **24 If convertible, conversion trigger(s)** | Triggers to statutory bail-in power and mandatory write-down/conversion of capital instruments power under UK Banking Act 2009 - UK BOE/PRA - Contractual recognition | Triggers to statutory bail-in power and mandatory write-down/conversion of capital instruments power under UK Banking Act 2009 - UK BOE/PRA - Contractual recognition | Triggers to statutory bail-in power and mandatory write-down/conversion of capital instruments power under UK Banking Act 2009 - UK BOE/PRA - Contractual recognition | Triggers to statutory bail-in power and mandatory write-down/conversion of capital instruments power under UK Banking Act 2009 - UK BOE/PRA - Contractual recognition | Triggers to statutory bail-in power and mandatory write-down/conversion of capital instruments power under UK Banking Act 2009 - UK BOE/PRA - Statutory and contractual recognition |
| **25 If convertible, fully or partially** | May convert fully or partially | May convert fully or partially | May convert fully or partially | May convert fully or partially | May convert fully or partially |
| **26 If convertible, conversion rate** | To be determined at conversion | To be determined at conversion | To be determined at conversion | To