Company: HBCYF
Filing Date: 2025-11-28
Form Type: 6-K
Source: 0001654954-25-013475
Chunk: 1

Company: HSBC HOLDINGS PLC
Filing Date: 2025-11-28
Form: 6-K
Chunk 1
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 673 OF THE COMPANIES ORDINANCE

AND

(2) PROPOSED WITHDRAWAL OF LISTING OF HANG SENG BANK SHARES</div>

| Joint Financial Advisers to HSBC Holdings and HSBC Asia 
 Pacific                                                 
 (in alphabetical order)                                 
 BofA                                                    
 Securities                                              
 Goldman Sachs                                           | Financial Adviser to Hang Seng Bank 
 Morgan Stanley                      |
| Financial Adviser to HSBC Asia Pacific                  
 The Hongkong and Shanghai Banking Corporation Limited   |                                     |

**Reference is made to (i) the joint announcement dated 9 October 2025 jointly issued by HSBC Holdings plc (" HSBC Holdings "), The Hongkong and Shanghai Banking Corporation Limited (" HSBC Asia Pacific ") and Hang Seng Bank Limited (" Hang Seng Bank ") pursuant to Rule 3.5 of the Hong Kong Code on Takeovers and Mergers (the " Takeovers Code ") regarding, among others, the proposal for theprivatisation of Hang Seng Bank by HSBC Asia Pacific by way of a scheme of arrangement under section 673 of the Companies Ordinance (the " Rule 3.5Announcement "); (ii) the announcement dated 22 October 2025 issued by Hang Seng Bank in relation to the appointment of the Hang Seng Bank IFA; and (iii) the announcement dated 30 October 2025 jointly issued by HSBC Holdings, HSBC Asia Pacific and Hang Seng Bank in relation to the update on the timeline for despatch of the Scheme Document (the " October Announcement "). Unless otherwise defined herein, capitalised terms used in this announcement shall have the same meanings as those defined in the Rule 3.5 Announcement.

HSBC Holdings, HSBC Asia Pacific and Hang Seng Bank would like to update the shareholders of and potential investors in Hang Seng Bank that, further to the October Announcement, HSBC Holdings, HSBC Asia Pacific and Hang Seng Bank are in the course of preparing and finalising the information to be included in the Scheme Document and preparing for a hearing at the High Court to seek its directions for convening the Hang Seng Bank Court Meeting to consider, and if thought fit, approve the Scheme. The Scheme Document will be despatched on or before 17 December 2025. A detailed timetable for the Proposal will be set out in the Scheme Document and in the announcement to be jointly issued by HSBC Holdings, HSBC Asia Pacific and Hang Seng Bank upon despatch of the Scheme Document