Company: HBCYF
Filing Date: 2025-11-03
Form Type: 424B5
Source: 0001193125-25-261738
Chunk: 104

Company: HSBC HOLDINGS PLC
Filing Date: 2025-11-03
Form: 424B5
Chunk 104
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 of this prospectus supplement and the accompanying prospectus, and otherwise in 
 compliance with applicable Canadian securities laws.                                                                                                                                                                                              |

Taiwan The Notes may not be sold, issued or offered within Taiwan through a public offering or in a circumstance which constitutes an offer within the meaning of the Securities and Exchange Act of Taiwan that requires registration or approval of the Financial Supervisory Commission or other regulatory authorities or agencies of Taiwan. No person or entity in Taiwan has been authorized to offer, sell, give advice regarding or otherwise intermediate the offering and sale of any Notes in Taiwan. Mainland China Each of the underwriters has represented and agreed that the Notes may not be offered or sold directly or indirectly within mainland China (which excludes the Hong Kong and Macau Special Administrative Regions and Taiwan), except as permitted by applicable laws of mainland China. This prospectus supplement and the accompanying prospectus or any information incorporated by reference herein does not constitute an offer to sell or the solicitation of an offer to buy any securities in mainland China. This prospectus supplement and the accompanying prospectus or any information incorporated by reference herein and the Notes have not been, and will not be, submitted to, approved by, verified by or registered with any relevant governmental authorities in mainland China and thus may not be supplied to the public in mainland China or used in connection with any offer for the subscription or sale of the Notes in mainland China. The Notes may only be invested in by investors in mainland China that are authorized to engage in the investment in the Notes of the type being offered or sold. Investors are responsible for informing themselves about and observing all legal and regulatory restrictions, obtaining all relevant governmental approvals, S-75

verifications, licenses or registrations (if any) from all relevant governmental authorities in mainland China, including, but not limited to, the People’s Bank of China, the State
Administration of Foreign Exchange, the China Securities Regulatory Commission, the National Financial Regulatory Administration and their respective successor authorities and/or other relevant regulatory bodies, and complying with all relevant
regulations in mainland China, including, but not limited to, any relevant foreign exchange regulations and/or overseas investment regulations.

Listing

Application will be made to list
the Notes offered hereby on the New York Stock Exchange. The Notes are a new issue of securities with no established trading market. The underwriters have advised us that the underwriters currently intend to make a market in the Notes, as permitted
by applicable laws and regulations. The underwriters are not obligated, however, to make a market in the Notes and may discontinue