Company: HBCYF
Filing Date: 2025-07-30
Form Type: 6-K
Source: 0001089113-25-000052
Chunk: 66

Company: HSBC HOLDINGS PLC
Filing Date: 2025-07-30
Form: 6-K
Chunk 66
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 | 10 |        10 |             10 |     10 |  10 |     10 |
| Central                |               75 | 75 | 75 |        75 |             75 |     75 |  75 |     75 |
| Downside               |               10 | 10 | 10 |        10 |             10 |     10 |  10 |     10 |
| Downside 2             |                5 |  5 |  5 |         5 |              5 |      5 |   5 |      5 |

The following graphs show the historical and forecasted GDP growth rate for the various economic scenarios in our four largest markets.

| Hong Kong |

Note: Real GDP shown as year-on-year percentage change.

| UK |

Note: Real GDP shown as year-on-year percentage change.

| Mainland China |

Note: Real GDP shown as year-on-year percentage change.

| US |

Note: Real GDP shown as year-on-year percentage change.

| HSBC Holdings plc Interim Report 2025 on Form 6-K |
| 52                                                |

| Overview |     | Interim management report |     | Interim condensed consolidatedfinancial statements |     | Additional information |
|          |     | Risk                      |     |                                                    |     |                        |

Critical estimates and judgements The calculation of ECL under IFRS 9 involved significant judgements, assumptions and estimates at 30 June 2025. These included: – the selection and configuration of economic scenarios, given the constant change in economic conditions and distribution of economic risks; and – estimating the economic effects of those scenarios on ECL, where similar observable historical conditions cannot be captured by the credit risk models . How economic scenarios are reflected in ECL calculations The methodologies for the application of forward economic guidance into the calculation of ECL for wholesale and retail portfolios are set out on page 155 of the Annual Report and Accounts 2024. Models are used to reflect economic scenarios in ECL estimates. These models are based largely on historical observations and correlations with default. Economic forecasts and ECL model responses to these forecasts are subject to a degree of uncertainty. The models continue to be supplemented by management judgemental adjustments where required. Management judgemental adjustments

The management judgemental adjustments in relation to ECL allowance are detailed on page 155 of the Annual Report and Accounts 2024.

| Management judgemental adjustments to ECL1                         |                |