Company: HBCYF
Filing Date: 2025-09-04
Form Type: 424B5
Source: 0001193125-25-195127
Chunk: 78

Company: HSBC HOLDINGS PLC
Filing Date: 2025-09-04
Form: 424B5
Chunk 78
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ISA

S-56

Plans”) should consult with their counsel before purchasing the Notes to determine the need for, if necessary, and the availability of, any exemptive relief under any Similar Law.

Through its purchase or other acquisition and holding of the Notes (including any interest in a Note), each purchaser or other acquirer of the
Notes (and each Plan fiduciary and each fiduciary of a Non-ERISA Plan directing or advising a Plan or Non-ERISA Plan to purchase or otherwise acquire and hold the Notes)
will be deemed to have represented and agreed that either: (A) no assets of a Plan or Non-ERISA Plan have been used to acquire or will be used to hold such Notes or an interest therein or (B) the
purchase, other acquisition, holding and disposition of the Notes or any interest therein do not and will not constitute or result in a non-exempt prohibited transaction under ERISA or Section 4975 of the
Code or violation of Similar Law.

Each Plan fiduciary (and each fiduciary for a Non-ERISAPlan) should consult with its legal adviser concerning the potential consequences to the plan under ERISA, Section 4975 of the Code or Similar Law of an investment in the Notes.

S-57

UNDERWRITING (CONFLICTS OF INTEREST) The underwriters named below have severally agreed, subject to the terms and conditions of the underwriting agreement with us, as amended, effective as of the date of this prospectus supplement, to purchase the principal amount of Notes set forth below opposite their respective names.

| Name of Underwriter                             |     | Principal Amount 
 of the Notes     |               |
|:------------------------------------------------|:----|:-----------------|--------------:|
| HSBC Securities (USA) Inc.                      |     | $                | 1,192,502,000 |
| BNP Paribas Securities Corp.                    |     | $                |    16,875,000 |
| Citigroup Global Markets Inc.                   |     | $                |    16,875,000 |
| J.P. Morgan Securities LLC                      |     | $                |    16,875,000 |
| Morgan Stanley & Co. LLC                        |     | $                |    16,875,000 |
| ABN AMRO Capital Markets (USA) LLC              |     | $                |    13,750,000 |
| BBVA Securities Inc.                            |     | $