HSBC Holdings plc - Grant of Conditional Awards

On March 31, 2026, HSBC Holdings plc granted 2,119,724 ordinary shares under the HSBC Share Plan 2011 to employees and former employees. The awards have a purchase price of GBP 0 and a vesting period of three years, with 33% vesting on the first and second anniversaries of the grant and 34% on the third. Certain employees, including Material Risk Takers, may have longer vesting periods of up to five years. Awards may also be subject to a 12-month retention period post-vesting. Some awards are tied to the completion of specific projects, while others are a form of deferred bonus to meet UK regulatory requirements. Clawback provisions apply in line with the company's regulatory obligations and internal policy. There are no arrangements for the company to provide financial assistance to grantees. The plan has limits on the number of shares that can be issued, with 1,108,295,038 shares available under one limit and 355,511,014 under another.