Company: HBCYF
Filing Date: 2025-02-27
Form Type: 424B5
Source: 0001193125-25-039401
Chunk: 97

Company: HSBC HOLDINGS PLC
Filing Date: 2025-02-27
Form: 424B5
Chunk 97
---
 for the applicable tenor excluding the applicable ISDA Fallback Adjustment.

“Issue Date” has the meaning given to that term in the second paragraph of this “Description of the Notes.”

“Loss Absorption Disqualification Event” has the meaning given to that term under “—Redemption.”

“Loss Absorption Disqualification Event Redemption Option” has the meaning given to that term under
“—Redemption.”

“Loss Absorption Regulations” means, at any time, the laws, regulations, requirements,
guidelines, rules, standards and policies from time to time relating to minimum requirements for own funds and eligible liabilities and/or loss absorbing capacity instruments in effect in the UK and applicable to us from time to time, including,
without limitation to the generality of the foregoing, the Banking Act and UK CRR (whether or not such requirements, guidelines or policies are applied generally or specifically to us or to us and any of our holding or subsidiary companies or any
subsidiary of any such holding company) in each case as amended, supplemented or replaced from time to time.

“Make-Whole
Redemption” has the meaning given to that term under “—Redemption—Make-Whole Redemption.”

“Make-Whole Redemption Period” has the meaning given to that term under “—Redemption—Make-Whole Redemption.”

“Margin” means any of the 2029 Fixed/Floating Rate Notes Margin, the 2031 Fixed/Floating Rate Notes
Margin, the 2036 Fixed/Floating Rate Notes Margin, the 2029 Floating Rate Notes Margin or the 2031 Floating Rate Notes Margin, as applicable.

“Maturity Date” means any of the 2029 Fixed/Floating Rate Notes Maturity Date, the 2031 Fixed/Floating Rate Notes Maturity Date, the
2036 Fixed/Floating Rate Notes Maturity Date, the 2029 Floating Rate Notes Maturity Date or the 2031 Floating Rate Notes Maturity Date, as applicable.

“noteholders” means holders of the Notes.

“Notes” means any of the Fixed/Floating Rate Notes or the Floating Rate Notes, as applicable.

“NY Federal Reserve’s Website” means the website of the Federal Reserve Bank of New York at http://www.newyorkfed.org (or any
successor website).

“Observation Period” has the meaning given to that term under “—Calculation of the Benchmark.”

“Par Redemption” has the meaning given to that term under “—Redemption.”

“Par Redemption Date” has the meaning