Company: HBCYF
Filing Date: 2025-02-20
Form Type: 20-F
Source: 0001089113-25-000040
Chunk: 467

Company: HSBC HOLDINGS PLC
Filing Date: 2025-02-20
Form: 20-F
Chunk 467
---
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |
| Identificationof MRTs                         | –We identify individuals as MRTs based on qualitative and quantitative criteria set out in the PRA’s and FCA’s remuneration rules. Ouridentification process is underpinned by the following key principles:–MRTs are identified at Group, HSBC Bank (consolidated) and HSBC UK Bank level.–MRTs are also identified at other solo regulated entity level as required by the regulations.–When identifying an MRT, HSBC considers a colleague’s role within its matrix management structure. The global business and function thatan individual works within takes precedence, followed by the geographical location in which they work.–We also identify additional MRTs based on our own internal criteria, which include compensation thresholds and individuals in certain roles andgrades who otherwise would not be identified as MRTs under the remuneration rules.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |

| 336 | HSBC Holdings plcAnnual Report on Form 20-F |

Report of the Directors | Corporate governance report | Directors’ remuneration report

Summary of shareholder return and Group CEO remuneration The graph shows HSBC TSR performance (based on the daily spot Return Index in sterling) against the FTSE 100 Total Return Index for the 10-year period ended 31 December 2024. The FTSE 100 Total Return Index has been chosen as a recognised broad equity market index of which HSBC Holdings is a member. The single total figure remuneration for the Group CEO over the past 10 years, together with the outcomes of the respective annual incentive and LTI awards, are presented in the following table.

| HSBC TSR and FTSE 100 Total Return Index |

|                                       |           2015 |           2016 |           2017 |           2018 |           |      2019 |               |          2020 |          2021 |          2022 |          2023 |             2024 |                    |
| Group CEO                             | StuartGulliver | StuartGulliver | StuartGulliver | StuartGulliver | JohnFlint | JohnFlint | Sir NoelQuinn | Sir NoelQuinn | Sir NoelQuinn | Sir NoelQuinn | Sir NoelQuinn | Sir NoelQuinn1,2 | GeorgesElhedery2,3 |
| Single total figure £0004             |          7,340 |          5,675 |          6,086 |