Company: HBCYF
Filing Date: 2025-05-12
Form Type: 424B5
Source: 0001193125-25-117014
Chunk: 87

Company: HSBC HOLDINGS PLC
Filing Date: 2025-05-12
Form: 424B5
Chunk 87
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Fixed/Floating Rate Notes Interest Payment Date or a Floating Rate Notes Interest Payment Date, as applicable.

“ISDA
Definitions” means the 2006 ISDA Definitions published by the International Swaps and Derivatives Association, Inc. (“ISDA”) or any successor thereto, as amended or supplemented from time to time, or any successor definitional booklet
for interest rate derivatives published from time to time.

“ISDA Fallback Adjustment” means the spread adjustment (which may be
a positive or negative value or zero) that would apply for derivatives transactions referencing the ISDA Definitions to be determined upon the occurrence of an index cessation event with respect to the Benchmark for the applicable tenor.

S-59

“ISDA Fallback Rate” means the rate that would apply for derivatives transactions
referencing the ISDA Definitions to be effective upon the occurrence of an index cessation date with respect to the Benchmark for the applicable tenor excluding the applicable ISDA Fallback Adjustment.

“Issue Date” has the meaning given to that term in the second paragraph of this “Description of the Notes.”

“Loss Absorption Disqualification Event” has the meaning given to that term under “—Redemption.”

“Loss Absorption Disqualification Event Redemption Option” has the meaning given to that term under
“—Redemption.”

“Loss Absorption Regulations” means, at any time, the laws, regulations, requirements,
guidelines, rules, standards and policies from time to time relating to minimum requirements for own funds and eligible liabilities and/or loss absorbing capacity instruments in effect in the UK and applicable to us from time to time, including,
without limitation to the generality of the foregoing, the Banking Act and UK CRR (whether or not such requirements, guidelines or policies are applied generally or specifically to us or to us and any of our holding or subsidiary companies or any
subsidiary of any such holding company) in each case as amended, supplemented or replaced from time to time.

“Make-Whole
Redemption” has the meaning given to that term under “—Redemption—Make-Whole Redemption.”

“Make-Whole Redemption Period” has the meaning given to that term under “—Redemption—Make-Whole Redemption.”

“Margin” means any of the 2031 Fixed/Floating Rate Notes Margin, the 2036 Fixed/Floating Rate Notes
Margin or the Floating Rate Notes Margin, as applicable.

“Maturity Date” means any of the 2031 Fixed/Floating Rate Notes
Maturity Date,