Company: HBCYF
Filing Date: 2025-02-20
Form Type: 20-F
Source: 0001089113-25-000040
Chunk: 380

Company: HSBC HOLDINGS PLC
Filing Date: 2025-02-20
Form: 20-F
Chunk 380
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| Not specified/prefer not to say                               |                      — |  — |                         — |                    1 |  5 |     |                    — |  — |                         — |                    — |  — |

1 Senior position s on the Board comprise the Group Chairman, Group CEO, Group CFO and Senior Independent non-executive Director. 2 Executive management comprises the Group Executive Committee members and the Group Head of Internal Audit. 3 Executive management comprises the Group Operating Committee members and the Group Head of Internal Audit.

Skills and experience Banking Finance Risk Customer Digital technology CSR 1 /ESG Direct Asia market experience Global business experience

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As it is essential to the effective governance of the Group, and the Board’s oversight and challenge of management, the Board ensures that collectively and individually, the Board possess the necessary skills, knowledge, expertise and experience. The summary provides an overview of the skills and experiences held by the non-executive Directors on the Board. This is based on the current skills matrix, which is reviewed annually by the Nomination & Corporate Governance Committee to ensure that the Board has the skills and experience required to effectively discharge its duties and to support succession planning discussions. The skills and experiences of the newly appointed non-executive Directors are also included in the summary. 1 Corporate Social Responsibility ('CSR')

| HSBC Holdings plcAnnual Report on Form 20-F | 275 |

How we are governed We are committed to high standards of corporate governance. The Group has in place a comprehensive range of policies and procedures, which are reviewed on a regular basis, designed to help ensure that the Group’s end-to-end governance is well managed, with effective oversight and controls. Governance highlights 2024

| Appointment of new GroupCEORead more on pages289to292                            |     | Appointment of new Group CFORead more on pages289to292                                   |
| Governance simplificationRead more on page279                                    |     | Oversight of organisationalchangesRead more on page 281                                  |
| Establishment of new BoardSustainability Working GroupRead more on pages72and279 |     | Establishment of GroupTechnology and OperationsCommitteeRead more on pages279and306to308 |
| Active stakeholder engagementRead more on page 19                                |     | Revised