Company: HBCYF
Filing Date: 2025-02-20
Form Type: 20-F
Source: 0001089113-25-000040
Chunk: 457

Company: HSBC HOLDINGS PLC
Filing Date: 2025-02-20
Form: 20-F
Chunk 457
---
 organisational structure. |
| Total                                                                                                                                    | 6.17%out of10.00% |            |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               |

| HSBC Holdings plcAnnual Report on Form 20-F | 329 |

| Personal measures for the Group CEO and the Group CFO (continued) |                   |            |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        |
| Group CFO                                                         | Weighting         | Assessment | Performance achievement                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                |
| Deliver activitiesrelating toregulatory priorities                | 5.0%              | 75.00%     | –The Committee’s assessment considered improved regulatory feedback on recovery and resolution planningactivity, and measurement and management of IRRBB risk.–The Integrity of Regulatory Reporting programme continues to remediate against known gaps to deliverimprovements in the quality of regulatory returns, partially meeting the targets set at the start of the year.–The regulatory excellence programme achieved efficiencies and outcomes broadly in line with the targets andmilestones set, and the Finance on The Cloud programme successfully closed in April 2024. |
| Enhanceddisclosures andcontrols                                   | 2.5%              | 67.86%     | –Implemented enhanced disclosures covering banking NII, structural hedge and multi-jurisdictional revenue.–Progress against external disclosure commitments for scope 3 emissions of Pillar 3 sections and coalexposures and delivery of other ESG regulatory deliverables including climate risk stress testing andregulatory reporting.                                                                                                                                                                                                                                              |
| Drive liquidity andcapital managementacross the Group             | 2.5%              | 87.50%     | –Strong capital and liquidity positions with no breaches in risk appetite, meeting the targets set.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    |
| Total                                                             | 7.63%out of10.00% |            |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        |

Long-term incentive (’LTI’) awards

LTI awards over 2022 to 2024 performance period

(Audited)

Sir Noel Quinn, Georges Elhedery and Ewen Stevenson were each

granted a 2022–2024 LTI award in February 2022. In line with the

terms of his departure, Ewen Stevenson is a good leaver and his

award has been pro-rated for time in employment.

The scorecard delivered an outcome of 75.00% , reflecting strong

shareholder returns across the performance period.

Based on the performance outcome, 737,504 shares will vest for Sir

Noel Quinn, 167,991 shares