HSBC Holdings plc announced The Securities have been issued pursuant to an indenture dated as of 26 August 2009 (as amended or supplemented from time to time, the 'Base Indenture'), between HSBC Holdings plc, as issuer (the 'Issuer'), The Bank of New York Mellon, London Branch, as trustee (the 'Trustee'), and HSBC Bank USA, National Association, as paying agent and registrar ('HSBC Bank USA'), as supplemented and amended by a twenty-first supplemental indenture dated as of 24 May 2021 (the 'Twenty-first Supplemental Indenture' and, together with the Base Indenture, the 'Indenture') among the Issuer, the Trustee and HSBC Bank USA as paying agent, registrar and calculation agent. Capitalised terms used and not defined herein have the meanings ascribed to them in the Indenture. The redemption date for the Securities shall be 24 May 2024 (the 'Redemption Date').

The redemption price for the Securities shall be USD 1,000 per USD 1,000 principal amount of the Securities (the 'Redemption Price'). Additionally, in accordance with the terms of the Indenture, as the Redemption Date is an Interest Payment Date, all accrued but unpaid interest from (and including) 24 November 2023 to (but excluding) the Redemption Date will be payable to the holders of record of the Securities as of 9 May 2024, the Regular Record Date (the 'Interest Payment'). Subject to any conditions and/or the limited circumstances contained in the Twenty-first Supplemental Indenture, on the Redemption Date the Redemption Price and the Interest Payment shall become due and payable upon each such Security to be redeemed and interest thereon shall cease to accrue on and after such date.