Company: HBCYF
Filing Date: 2025-02-20
Form Type: 20-F
Source: 0001089113-25-000040
Chunk: 475

Company: HSBC HOLDINGS PLC
Filing Date: 2025-02-20
Form: 20-F
Chunk 475
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 N/A |                                    168,955 |       31 December 2023 |                         |
| Fixed pay allowance3  |                     N/A | 8 May 2024               |              300 |                  N/A |                                     42,146 |                    N/A |                         |
| 15 August 2024        |                     300 | N/A                      |           46,219 |                  N/A |                                            |                        |                         |
| 5 November 2024       |                     300 | N/A                      |           41,846 |                  N/A |                                            |                        |                         |
| Georges Elhedery      |    LTI deferred shares1 | % of base salary         | 26 February 2024 |                3,399 |                                         25 |                569,177 | 31 December 2026        |
| Immediate shares2     |        % of base salary | 26 February 2024         |              643 |                  N/A |                                    107,752 |       31 December 2023 |                         |
| Fixed pay allowance3  |                     N/A | 8 May 2024               |              192 |                  N/A |                                     26,899 |                    N/A |                         |
| 15 August 2024        |                     192 | N/A                      |           29,498 |                  N/A |                                            |                        |                         |
| 5 November 2024       |                     299 | N/A                      |           41,720 |                  N/A |                                            |                        |                         |

1 In accordance with the remuneration policy approved by shareholders at the 2022 AGM, the LTI award was determined at 320% of base salary for Sir Noel

Quinn and 320% of base salary for Georges Elhedery. The number of shares to be granted was determined by taking HSBC’s closing share price of £ 5.972 taken

on 23 February 2024, and applying a discount based on HSBC’s expected dividend yield of 6.25% per annum for the vesting period ( £ 4.385 ). The fair value of the

awards was £ 2.028 based on IFRS 2 accounting standards. LTI awards are conditional share awards subject to a three -year forward-looking performance period

and vest in five equal annual instalments, between the third and seventh anniversary of the award date, subject to performance achieved. Awards are subject to