Company: HBCYF
Filing Date: 2025-02-27
Form Type: 424B5
Source: 0001193125-25-039401
Chunk: 65

Company: HSBC HOLDINGS PLC
Filing Date: 2025-02-27
Form: 424B5
Chunk 65
---
 Interest Payment Date will be postponed to the next day that is a business day, but interest on that payment will not accrue during the period from and after the scheduled 2029 Fixed/Floating 
 Rate Notes Fixed Rate Period Interest Payment Date.                                                                                                                                                                                                   |

2031 Fixed/Floating Rate Notes From (and including) the Issue Date to (but excluding) March 3, 2030 (the “2031 Fixed/Floating Rate Notes Fixed Rate Period”), interest on the 2031 Fixed/Floating Rate Notes will be payable at a rate of 5.130% per annum (the “2031 Fixed/Floating Rate Notes Initial Interest Rate”). During the 2031 Fixed/Floating Rate Notes Fixed Rate Period, interest on the 2031 Fixed/Floating Rate Notes will be payable semi-annually in arrear on each 2031 Fixed/Floating Rate Notes Fixed Rate Period Interest Payment Date. From (and including) March 3, 2030 to (but excluding) the 2031 Fixed/Floating Rate Notes Maturity Date (the “2031 Fixed/Floating Rate Notes Floating Rate Period”), the interest rate on the 2031 Fixed/Floating Rate Notes will be equal to the Benchmark (as defined below) plus 1.290% per annum (the “2031 Fixed/Floating Rate Notes Margin”). During the 2031 Fixed/Floating Rate Notes Floating Rate Period, interest on the 2031 Fixed/Floating Rate Notes will be payable quarterly in arrear on each 2031 Fixed/Floating Rate Notes Floating Rate Period Interest Payment Date. The interest rate on the 2031 Fixed/Floating Rate Notes will be calculated quarterly on each applicable Interest Determination Date. During the 2031 Fixed/Floating Rate Notes Fixed Rate Period:

| • |     | Interest will be calculated on the basis of twelve 30-day months or, in                                   
 the case of an incomplete month, the actual number of days elapsed, in each case assuming a 360-day year. |

| • |     | If any scheduled 2031 Fixed/Floating Rate Notes Fixed Rate Period Interest Payment Date is not a business day,                                                                                                                                        
 such 2031 Fixed/Floating Rate Notes Fixed Rate Period Interest Payment Date will be postponed to the next day that is a business day, but interest on that payment will not accrue during the period from and after the scheduled 2031 Fixed/Floating 
 Rate Notes Fixed Rate Period Interest Payment Date.                                                                                                                                                                                                   |

2036 Fixed/Floating Rate Notes From (and including