Company: HBCYF
Filing Date: 2025-02-25
Form Type: 424B5
Source: 0001193125-25-034819
Chunk: 9

Company: HSBC HOLDINGS PLC
Filing Date: 2025-02-25
Form: 424B5
Chunk 9
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 situation, an investment in the Securities and the impact such investment will have on its overall investment portfolio; |

| • |     | have sufficient financial resources and liquidity to bear all of the risks of an investment in the Securities,                                                                           
 including where the currency for principal or interest payments (U.S. dollars) is different from the currency in which such investor’s financial activities are principally denominated; |

| • |     | understand thoroughly the terms of the Securities, such as the provisions regarding the cancellation of interest,                                                                                               
 Automatic Conversion upon a Capital Adequacy Trigger Event and the UK bail-in power, and be familiar with the behavior of any relevant indices and financial markets and the potential impact on the Securities 
 of the cancellation of interest, Automatic Conversion upon a Capital Adequacy Trigger Event and/or the exercise of the UK bail-in power;                                                                        |

| • |     | understand that the price, if any, at which securities dealers may be willing to purchase or sell the Securities                                                                                                           
 in the secondary market may be influenced by factors that are beyond our control, and such potential investor may not be able to obtain a price equal to the price it paid for its Securities in the secondary market; and |

| • |     | be able to evaluate possible scenarios for economic, interest rate and other factors that may affect its 
 investment and its ability to bear the applicable risks.                                                 |

You should not invest in the Securities unless you have the knowledge and expertise (either alone or with a financial adviser) to evaluate how the Securities will perform under changing conditions, the resulting effects on the value of the Securities due to the likelihood of our cancelling interest, the occurrence of a Capital Adequacy Trigger Event and corresponding Automatic Conversion or an exercise of the UK bail-inpower and the impact this investment will have on your overall investment portfolio. Prior to making an investment decision, you should consider carefully, in light of your own financial circumstances and investment objectives, all the information contained in this prospectus supplement and the accompanying prospectus and incorporated by reference herein and therein. This document is for distribution only to persons who (i) have professional experience in matters relating to investments and who fall within Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (as amended, the “Financial Promotion Order”), (ii) fall within Article 49(2)(a) to (d) (“high net worth companies, unincorporated associations etc.”) of the Financial Promotion Order, (iii) are