Company: HBCYF
Filing Date: 2025-05-12
Form Type: 424B5
Source: 0001193125-25-117014
Chunk: 156

Company: HSBC HOLDINGS PLC
Filing Date: 2025-05-12
Form: 424B5
Chunk 156
---
us supplement. Modification and Waiver Modifications of, and amendments to, the contingent capital securities indenture with respect to the contingent capital securities of a series may be made by us and the trustee, without the consent of the holders of the contingent capital securities of such series for certain purposes and otherwise with the consent of the holders of a majority in principal amount of the contingent capital securities of such series then outstanding; provided, however, that no such modification or amendment may, without the consent of the holder of each outstanding contingent capital security affected thereby:

| • |     | change the principal amount of, or any premium or rate of interest with respect to, any contingent capital 
 security;                                                                                                  |

| • |     | change our obligation, or any successor’s, to pay contingent capital additional amounts, if any; |

36

| • |     | change the places at which payments are payable or the currency of payment; |

| • |     | impair the right to sue for the enforcement of any payment due and payable; |

| • |     | reduce the percentage in aggregate principal amount of outstanding contingent capital securities of the series                                                                                                           
 necessary to modify or amend the contingent capital securities indenture or to waive compliance with certain provisions of the contingent capital securities indenture and any past contingent capital event of default; |

| • |     | change our obligation to maintain an office or agency in the place and for the purposes specified in the 
 contingent capital securities indenture;                                                                 |

| • |     | modify the subordination provisions, if any, or the terms and conditions of our obligations in respect of the due                               
 and punctual payment of the amounts due and payable on the contingent capital securities, in either case in a manner adverse to the holders; or |

| • |     | modify the foregoing requirements or the provisions of the contingent capital securities indenture relating to 
 the waiver of any past contingent capital event of default or covenants, except as otherwise specified.        |

The holders of not less than a majority in principal amount of the outstanding contingent capital securities of a series may, on behalf of all holders of contingent capital securities of that series, waive, insofar as that series is concerned, our compliance with certain restrictive provisions of the contingent capital securities indenture before the time for such compliance. In addition, material variations in the terms and conditions of contingent capital securities of any series, including modifications relating to subordination, redemption and events of default may require the consent of the PRA. Subordination Payment of the principal of (and