Company: HBCYF
Filing Date: 2025-09-04
Form Type: 424B5
Source: 0001193125-25-195127
Chunk: 72

Company: HSBC HOLDINGS PLC
Filing Date: 2025-09-04
Form: 424B5
Chunk 72
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 of information by the regulatory supervisor for the administrator of the
Benchmark, the central bank for the currency of the Benchmark, an insolvency official with jurisdiction over the administrator for the Benchmark, a resolution authority with jurisdiction over the administrator for the Benchmark or a court or an
entity with similar insolvency or resolution authority over

S-50

the administrator for the Benchmark, which states that the administrator of the Benchmark has ceased or will cease to provide the Benchmark permanently or indefinitely, provided that, at the time
of such statement or publication, there is no successor administrator that will continue to provide the Benchmark; or

(3)
a public statement or publication of information by the regulatory supervisor for the administrator of the Benchmark announcing that the Benchmark is no longer representative.

“Benchmark Transition Provisions” has the meaning given to that term under “—Interest —Calculation of the Benchmark.”

“business day” means a day on which commercial banks and foreign exchange markets settle payments and
are open for general business (including dealings in foreign exchange and foreign currency deposits) in London, England, and in the City of New York, United States.

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

“Clearing System Business Day” means a day on which each Clearing System for
which any global security is being held is open for business.

“Clearstream Luxembourg” means Clearstream Banking S.A.

“Code” means the U.S. Internal Revenue Code of 1986, as amended.

“Compounded Daily SOFR” has the meaning given to that term under “—Calculation of the Benchmark.”

“Corresponding Tenor” with respect to a Benchmark Replacement means a tenor (including overnight) having approximately the same
length (disregarding business day adjustments) as the applicable tenor for the then-current Benchmark.

“Defaults” has the
meaning given to such term under “Description of Debt Securities—Subordinated Debt Securities—Subordination, Defaults and Events of Default” in the accompanying prospectus.

“designee” means an affiliate or any other agent of HSBC Holdings.

“DTC” has the meaning given to that term under “—DTC—UK Bail-inPower.”

“Euroclear” means Euroclear Bank SA/NV.

“EUWA” means the European Union (Withdrawal) Act 2018, as amended.

“Events of Default” has the meaning given to such term under “Description of Debt Securities—Subordinated Debt