Company: HBCYF
Filing Date: 2025-06-02
Form Type: 424B5
Source: 0001193125-25-132352
Chunk: 138

Company: HSBC HOLDINGS PLC
Filing Date: 2025-06-02
Form: 424B5
Chunk 138
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 sums placed to non-distributablereserves in accordance with the Companies Act or other provisions of English law from time to time applicable to us or our Articles of Association, those losses and reserves being determined on the basis of our individual accounts and not on the basis of our consolidated accounts. “DTC” has the meaning given to such term under “— Interest—Interest Cancellation—Notice of Interest Cancellation.” “Effective Date” means, for the purposes of clause (c) under “ —Anti -dilution—Adjustmentof Conversion Price and Conversion Shares Offer Price,” the first date on which our Ordinary Shares are traded ex-rights, S-85

ex-optionsor ex-warrantson the Relevant Stock Exchange and, for the purposes of clause (d) under “ —Anti -dilution—Adjustment of Conversion Price and Conversion Shares Offer Price,” the first date on which our Ordinary Shares are traded ex-therelevant Extraordinary Dividend on the Relevant Stock Exchange. “Equity Share Capital” has the meaning provided in Section 548 of the Companies Act. “Euroclear” means Euroclear Bank SA/NV. “EUWA” means the European Union (Withdrawal) Act 2018, as amended. “Exchange Business Day” means any day that is a trading day on the Relevant Stock Exchange other than a day on which the Relevant Stock Exchange is scheduled to close prior to its regular weekday closing time. “Extraordinary Dividend” means any Cash Dividend that is declared expressly by us to be a capital distribution, extraordinary dividend, extraordinary distribution, special dividend or special distribution to our Ordinary Shareholders as a class or any analogous or similar term, in which case the Extraordinary Dividend will be such Cash Dividend. “Fair Market Value” means

| (i) | with respect to a Cash Dividend or other cash amount the amount of such cash; provided that any Cash                                                                                             
 Dividend or other cash amount in a currency other than U.S. dollars will be converted into U.S. dollars at the Prevailing Rate as of the date on which the Fair Market Value is to be calculated |

| (ii) | where securities, options, warrants or other rights are publicly traded in a market which is determined by us                                                                                                                                             
 to have adequate liquidity, the fair market value of (a) such securities will equal the arithmetic average of the Volume Weighted Average Prices of such securities, and (b) such options, warrants or other rights will be the arithmetic mean           
 of the daily closing