Company: HBCYF
Filing Date: 2025-06-02
Form Type: 424B5
Source: 0001193125-25-132352
Chunk: 153

Company: HSBC HOLDINGS PLC
Filing Date: 2025-06-02
Form: 424B5
Chunk 153
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 has occurred and otherwise complies with the applicable requirements of the backup withholding rules. The amount of any backup withholding from a payment to a holder will be allowed as a credit against the U.S. Holder’s U.S. federal income tax liability and may entitle such U.S. Holder to a refund, provided that certain required information is furnished to the IRS in a timely manner. A Non-U.S.Holder may be required to comply with certification and identification procedures in order to establish its exemption from information reporting and backup withholding. FATCA Pursuant to FATCA, you may be required to provide information and tax documentation regarding your tax identity as well as that of your direct and indirect owners, which may be reported to HM Revenue & Customs (“HMRC”), and ultimately, the IRS. It is also possible that “foreign passthru payments,” as defined under FATCA, on any of the Securities or Conversion Shares may be subject to a withholding tax of 30%. Regulations implementing this rule have not yet been adopted or proposed and the IRS has indicated that withholding would only apply for payments made more than two years after the date on which final U.S. Treasury regulations defining the term “foreign passthru payment” are published in the U.S. Federal Register. FATCA is particularly complex. You should consult your own tax advisor to obtain a more detailed explanation of FATCA and to learn how this legislation might affect you in your particular circumstance. UK Taxation The following disclosure supplements and should be read in addition to the disclosure set forth in the accompanying prospectus, beginning on page 50, under “ Taxation.” Stamp Duty and Stamp Duty Reserve Tax The Finance Act 2019 introduced a new regime for hybrid capital instruments (the “HCI rules”). Since the HCI rules exempt the transfer of a hybrid capital instrument from all stamp duties, and since securities the transfer of which is exempt from all stamp duties are not chargeable securities for stamp duty reserve tax purposes, no liability to UK stamp duty or stamp duty reserve tax should arise on the issue or transfer of the Securities provided that the Securities each constitute a “hybrid capital instrument” for the purposes of the HCI rules and there are no arrangements, the main purpose, or one of the main purposes, of which is to secure a tax advantage. The Securities should constitute “hybrid capital instruments” for the purposes of the HCI rules provided that:

| • |     | we are entitled to defer or cancel a payment of interest under the Securities; |

| • |     | the Securities “have no other