Company: HBCYF
Filing Date: 2025-06-02
Form Type: 424B5
Source: 0001193125-25-132352
Chunk: 9

Company: HSBC HOLDINGS PLC
Filing Date: 2025-06-02
Form: 424B5
Chunk 9
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 by HSI as the relevant stabilization manager (or any person acting on behalf of it) in accordance with all
applicable laws and rules.

S-3

The Securities may not be a suitable investment for all investors and you must determine the suitability (either alone or with the help of a financial adviser) of an investment in the Securities in light of your own circumstances. In particular, each potential investor should:

| • |     | have sufficient knowledge and experience to make a meaningful evaluation of the Securities, the merits and risks                                         
 of investing in the Securities and the information contained or incorporated by reference in this prospectus supplement and the accompanying prospectus; |

| • |     | have access to, and knowledge of, appropriate analytical tools to evaluate, in the context of its particular                       
 financial 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