Company: HBCYF
Filing Date: 2025-02-25
Form Type: 424B5
Source: 0001193125-25-034819
Chunk: 6

Company: HSBC HOLDINGS PLC
Filing Date: 2025-02-25
Form: 424B5
Chunk 6
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 beneficial interests therein) to retail clients in the UK or                                                                                                                                         
 communicate (including the distribution of this prospectus supplement or the accompanying prospectus) or approve an invitation or inducement to participate in, acquire or underwrite the Securities (or any beneficial interests therein) where that 
 invitation or inducement is addressed to or disseminated in such a way that it is likely to be received by a retail client in the UK.                                                                                                                 |

| d. | In selling or offering Securities or making or approving communications relating to the Securities, each 
 prospective investor may not rely on the limited exemptions set out in COBS.                             |

| e. | Potential investors in the Securities should also inform themselves of, and comply with, any applicable laws,          
 regulations or regulatory guidance with respect to any resale of the Securities (or any beneficial interests therein). |

| 3. | The obligations in paragraph 2 above are in addition to the need to comply at all times with other applicable                                                                                                                                           
 laws, regulations and regulatory guidance (whether inside or outside the EEA or the UK) relating to the promotion, offering, distribution and/or sale of the Securities (or any beneficial interests therein), whether or not specifically mentioned in 
 this prospectus supplement or the accompanying prospectus, including (without limitation) any requirements under MiFID II or the FCA Handbook as to determining the appropriateness and/or suitability of an investment in the Securities (or any       
 beneficial interests therein) for investors in any relevant jurisdiction. By purchasing, or making or accepting an offer to purchase, any Securities (or a beneficial interest in such Securities) from HSBC Holdings and/or the underwriters each      
 prospective investor represents, warrants, agrees with and undertakes to HSBC Holdings that it will comply at all times with all such other applicable laws, regulations and regulatory guidance.                                                       |

| 4. | Where acting as agent on behalf of a disclosed or undisclosed client when purchasing, or making or accepting an                                                                                                                                       
 offer to purchase, any Securities (or any beneficial interests therein) from HSBC Holdings and/or the underwriters the foregoing representations, warranties, agreements and undertakings will be given by and be binding upon both the agent and its 
 underlying client.                                                                                                                                                                                                                                    |

S-2

PRIIPS Regulation—Prohibition of sales to EEA retail investors

The Securities are not intended to be offered, sold or otherwise made available to and should not be offered, sold or otherwise made available
to any retail investor in the EEA. For