Company: HBCYF
Filing Date: 2025-05-12
Form Type: 424B5
Source: 0001193125-25-117014
Chunk: 142

Company: HSBC HOLDINGS PLC
Filing Date: 2025-05-12
Form: 424B5
Chunk 142
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 the relevant series must make a written request that the trustee take action because of the event of default, and the holder must offer indemnity satisfactory to the trustee against the cost and 
 other liabilities of taking that action.                                                                                                                                                                                                                |

| • |     | The trustee must not have taken action for 60 days after receipt of the above notice and offer of security or 
 indemnity, and the trustee must not have received an inconsistent direction from the majority in              |

25

| principal amount (or, in the case of an index-linked debt security, the face amount) of all outstanding debt securities of the relevant series during that period. |

Notwithstanding any other provision of the indentures or debt securities, the right of any holder of debt securities to receive payment of the principal of (and premium, if any, on), or interest or missed payments on, such debt securities on or after the due dates thereof and to institute suit for the enforcement of any such payment on or after such respective dates, will not be impaired or affected without the consent of such holder. Consolidation, Merger and Sale of Assets We may, without the consent of the holders of any of the debt securities, consolidate or amalgamate with, or merge into, any corporation, or convey, sell, transfer or lease our properties and assets substantially as an entirety to any person, provided that:

| • |     | any successor corporation expressly assumes our obligations under the debt securities and the relevant indenture                                                                 
 and, if applicable, the provision for payment of additional amounts for withholding taxes are amended to include the jurisdiction of incorporation of the successor corporation; |

| • |     | immediately after giving effect to the transaction and treating any indebtedness that becomes our obligation, as                                                                                                                                        
 a result of such transaction as having been incurred by us at the time of the transaction, no event of default or default, and no event that, after notice or lapse of time, or both, would become an event of default or a default, will have occurred 
 and be continuing; and                                                                                                                                                                                                                                  |

| • |     | certain other conditions are satisfied. |

Assumption of Obligations Subject to applicable law and regulation (including, if and to the extent required by, in relation to the senior debt securities, the Loss Absorption Regulations or, in relation to the subordinated debt securities, the Applicable Rules at such time, obtaining any required permission of the Relevant Regulator or the relevant UK resolution authority (as applicable)), with respect to a series of debt securities, a holding