Company: HBCYF
Filing Date: 2025-06-02
Form Type: 424B5
Source: 0001193125-25-132352
Chunk: 135

Company: HSBC HOLDINGS PLC
Filing Date: 2025-06-02
Form: 424B5
Chunk 135
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 each case as calculated by us on a consolidated basis in accordance with the Relevant Rules
applicable to us as of such date but without applying any relevant transitional provisions then in effect under the Relevant Rules (unless the Relevant Rules otherwise require or permit (explicitly or without restricting) that such transitional
provisions are applied for these purposes) (which calculation will be binding on the trustee, the paying agent and the securityholders). For the purposes of this definition, the term “common equity Tier 1 capital” will have the meaning
assigned to such term in the Relevant Rules as interpreted and applied in accordance with the Relevant Rules then applicable to the HSBC Group or by the Relevant Regulator.

“CET1 Ratio” means, as of any date, the ratio of the CET1 Capital to the Risk Weighted Assets, in each case as of such date,
expressed as a percentage.

“Chapter 4” means Chapter 4 of the “CRR Firms – Capital Buffers” Part of the PRA
Rulebook or any succeeding provision(s) amending or replacing such Chapter.

“Clearstream Luxembourg” means Clearstream Banking
S.A.

S-83

“Code” means the U.S. Internal Revenue Code of 1986, as amended. “Companies Act” means the Companies Act 2006 (United Kingdom) as amended from time to time. “Conversion Date” has the meaning given to such term under “— Automatic Conversion Upon Capital Adequacy Trigger Event—Automatic Conversion.” “Conversion Price” has the meaning given to such term under “— Automatic Conversion Upon Capital Adequacy Trigger Event—Conversion Shares.” “Conversion Shares” has the meaning given to such term under “— Automatic Conversion Upon Capital Adequacy Trigger Event—Conversion Shares.” “Conversion Shares Depository” means a financial institution, trust company, depository entity, nominee entity or similar entity to be appointed by us on or prior to any date when a function ascribed to the Conversion Shares Depository in the Indenture is required to be performed to perform such functions and, as a condition of such appointment, such entity will be required to undertake, for the benefit of the securityholders, to hold the Conversion Shares (and any Conversion Shares Offer Consideration) on behalf of such securityholders in one or more segregated accounts, unless otherwise required for the purposes of the Conversion Shares Offer and, in any event, on terms consistent with the Indenture. “Conversion Shares Offer” has the meaning given to such term under “