Company: HBCYF
Filing Date: 2025-02-20
Form Type: 20-F
Source: 0001089113-25-000040
Chunk: 621

Company: HSBC HOLDINGS PLC
Filing Date: 2025-02-20
Form: 20-F
Chunk 621
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. A glossary of terms used in the Annual Report and Accounts can be found in the Investors section of www.hsbc.com.

Fourth interim dividend for 2024 The Directors have approved a fourth interim dividend for 2024 of $0.36 per ordinary share. Information on the currencies in which shareholders may elect to have the cash dividend paid can be viewed at www.hsbc.com/investors. The interim dividend will be paid in cash. The timetable for the interim dividend is:

| Announcement                                                                                                                                               | 19 February 2025 |
| Shares quoted ex-dividend in London, Hong Kong and Bermuda                                                                                                 | 6 March 2025     |
| American Depositary Shares (‘ADS’) quoted ex-dividend in New York                                                                                          | 7 March 2025     |
| Record date – London, Hong Kong, New York, Bermuda1                                                                                                        | 7 March 2025     |
| Mailing of Annual Report and Accounts 2024 and/or Strategic Report 2024                                                                                    | 21 March 2025    |
| Final date for dividend election changes including Investor Centre electronic instructions and revocations of standing instructions for dividend elections | 10 April 2025    |
| Exchange rate determined for payment of dividends in pounds sterling and Hong Kong dollars                                                                 | 14 April 2025    |
| Payment date                                                                                                                                               | 25 April 2025    |

1 Removals to and from the Overseas Branch register of shareholders in Hong Kong or Bermuda will not be permitted on this date.

Interim dividends for 2025 As previously communicated, we established and achieved a target dividend payout ratio of 50% of earnings per ordinary share (‘EPS’) for 2023 and 2024, excluding the special dividend. EPS for this purpose excludes material notable items and related impacts. Material notable items in 2023 and 2024 included the sale of our businesses in Canada and Argentina, the sale of our retail banking operations in France, the gain following the acquisition of SVB UK and the impairment of our investment in BoCom. We also exclude HSBC Bank Canada‘s financial results from the 30 June 2022 net asset reference date until completion on 29 March 2024, as the gain on sale recognised through a combination of the consolidation of HSBC Bank Canada‘s results in the Group‘s results since this date, and the remaining gain on sale was recognised at completion, inclusive of the recycling of related reserves and fair value gains on related hedges. The Board has adopted a dividend