Company: HBCYF
Filing Date: 2025-02-20
Form Type: 20-F
Source: 0001089113-25-000040
Chunk: 610

Company: HSBC HOLDINGS PLC
Filing Date: 2025-02-20
Form: 20-F
Chunk 610
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 net of directly attributable transaction costs. 8 This security was issued by HSBC Holdings on 14 June 2024. The first call period commences six months prior to reset date of 14 December 2039.

| HSBC Holdings plcAnnual Report on Form 20-F | 447 |

Shares under option For details of the options outstanding to subscribe for HSBC Holdings ordinary shares under the HSBC Holdings Savings-Related Share Option Plan (UK), see Note 5 .

| Aggregate options outstanding under these plans |                         |                 |                                       |                         |                |
| 31 Dec 2024                                     |                         |                 |                           31 Dec 2023 |                         |                |
| Number ofHSBC Holdingsordinary shares           | Usual period ofexercise | Exercise price  | Number ofHSBC Holdingsordinary shares | Usual period ofexercise | Exercise price |
| 75,335,399                                      | 2023 to 2030            | £2.6270–£5.4490 |                            83,993,678 | 2022 to 2029            | £2.6270–5.4490 |

Maximum obligation to deliver HSBC Holdings ordinary shares At 31 December 2024, the maximum obligation to deliver HSBC Holdings ordinary shares under all of the above option arrangements and the HSBC International Employee Share Purchase Plan, together with long-term incentive awards and deferred share awards granted under the HSBC Share Plan 2011, was 209,683,768 (2023: 208,539,316 ). The total number of shares at 31 December 2024 held by employee benefit trusts that may be used to satisfy such obligations to deliver HSBC Holdings ordinary shares was 9,305,925 (2023: 20,902,218 ).

| 33 | Contingent liabilities, contractual commitments and guarantees |

|                                                                   |    HSBC |         | HSBC Holdings1 |       |
|                                                                   |    2024 |    2023 |           2024 |  2023 |
|                                                                   |      $m |      $m |             $m |    $m |
| Guarantees and other contingent liabilities:                      |         |         |                |       |
| –  financial guarantees                                           |  16,998 |  17,009 |              — |     — |
| –  performance and other guarantees                               |  92,723 |  94,277 |          7,327 |