HSBC : FOURTH INTERIM DIVIDEND FOR 2019 SCRIP DIVIDEND ALTERNATIVE

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this document, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this document.

5 March 2020

(Hong Kong Stock Code: 5)

HSBC HOLDINGS PLC

FOURTH INTERIM DIVIDEND FOR 2019

SCRIP DIVIDEND ALTERNATIVE

On 18 February 2020, the Directors of HSBC Holdings plc declared a fourth interim dividend for 2019 of US$0.21 per ordinary share. The fourth interim dividend will be payable on 14 April 2020 to holders of record on 28 February 2020 on the Principal Register in the United Kingdom, the Hong Kong Overseas Branch Register or the Bermuda Overseas Branch Register. The dividend is payable in cash in United States dollars, sterling or Hong Kong dollars, or a combination of these currencies, with a scrip dividend alternative.

The 'Market Value' for the issue of new shares under the scrip dividend alternative is:

US$6.6338 for each new share

The 'Market Value' is the United States dollar equivalent of £5.1906 being the average of the middle market quotations for the ordinary shares on the London Stock Exchange as derived from the Daily Official List for the five business days beginning on 27 February 2020.

Dividends payable in cash in sterling or Hong Kong dollars on 14 April 2020 will be converted from United States dollars at the forward exchange rates quoted by HSBC Bank plc in London at or about 11.00am on 30 March 2020. These exchange rates will be announced to the London, Hong Kong, New York, Paris and Bermuda stock exchanges.

Particulars of the dividend arrangements will be sent to shareholders on or about 11 March 2020 and elections must be received by the Registrar by 26 March 2020.

For and on behalf of

HSBC Holdings plc

Aileen Taylor

Group Company Secretary and Chief Governance Officer

The Board of Directors of HSBC Holdings plc as at the date of this announcement comprises: Mark Tucker*, Noel Quinn, Kathleen Casey† , Laura Cha† , Henri de Castries† , Irene Lee† , José Antonio Meade Kuribreña† , Heidi Miller† , David Nish† , Ewen Stevenson, Jackson Tai† and Pauline van der Meer Mohr† .

* Non-executive Group Chairman

• Independent non-executive Director

HSBC Holdings plc

Registered Office and Group Head Office:

8 Canada Square, London E14 5HQ, United Kingdom Web: www.hsbc.com

Incorporated in England with limited liability. Registered in England: number 617987