Company: HBCYF
Filing Date: 2025-02-27
Form Type: 424B5
Source: 0001193125-25-039401
Chunk: 17

Company: HSBC HOLDINGS PLC
Filing Date: 2025-02-27
Form: 424B5
Chunk 17
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 year ended December 31, 2024, filed with the SEC on February 20, 2025 (the “2024 Form 20-F”). The U.S. dollar is used as the presentation currency in the annual consolidated financial statements of the HSBC
Group, and it is also the functional currency of HSBC Holdings.

With the exception of the capital ratios presented under “HSBC Holdings plc”, the financial information presented in this document relating to the year ended December 31, 2024 complies with UK-adopted international accounting standards, the requirements of
the UK Companies Act 2006 and with international financial reporting standards adopted pursuant to Regulation (EC) No 1606/2002 as it applies in the EU, and is prepared in accordance with IFRS Accounting Standards, including interpretations issued
by the IFRS Interpretations Committee, as there are no applicable differences from IFRS Accounting Standards for the periods presented. See “Where You Can Find More Information About Us.”

Currency

In this prospectus supplement,
all references to (i) “U.S. dollars”, “US$”, “dollars” or “$” are to the lawful currency of the United States of America and (ii) “sterling”, “pounds sterling” or “£” are to
the lawful currency of the UK.

LIMITATIONS ON ENFORCEMENT OF U.S. LAWS AGAINST US, OUR MANAGEMENT AND OTHERS

We are an English public limited company. Most of our directors and executive officers (and certain experts named in this
prospectus supplement and the accompanying prospectus or in documents incorporated herein by reference) are resident outside the United States, and a substantial portion of our assets and the assets of such persons are located outside the United
States. As a result, it may not be possible for you to effect service of process within the United States upon these persons or to enforce against them or us in U.S. courts judgments obtained in U.S. courts predicated upon the civil liability
provisions of the federal securities laws of the United States. We have been advised by our English solicitors, Cleary Gottlieb Steen & Hamilton LLP, that there is doubt as to enforceability in the English courts, in original actions or in
actions for enforcement of judgments of U.S. courts, of liabilities predicated solely upon the federal securities laws of the United States. In addition, awards of punitive damages in actions brought in the United States or elsewhere may not be
en