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Appendix Footnotes 14. Source: IMF (June 2018) 15. Source: Global Insights (Import + Export 2016) 16. Source: Wealth per adult among Top 10 GDPs (Credit Suisse Global Wealth Databook 2017) 17. TLTRO: Targeted long-term refinancing operations 18. 19. Impairment ratio is calculated as Impairment allowances / Total impaired loans Crédit Logement is a French nationwide home loans guarantee scheme regulated by the French regulatory authority, the ACPR. It provides robust guarantees to lenders against the risk of borrower default 20. All numbers presented are on an adjusted basis unless otherwise stated 21. 22. 23. 24. 25. 26. As at December 2017, including Basel 1 floor impact of €1.3bn, which is not included within the Global Business or Corporate Centre Relates to intragroup balances Source: Annual study of the French Autorité de Contrôle Prudentiel et de Résolution on Home loans - 2017 (published on 12 July 2018) Mortgage: 1st lien mortgage Guarantee: Commitment to bear the credit risk provided by a credit institution or an insurance company Other: Other types of security (eg. pledge of securities portfolio) and no security Loan impairment charges to total average home loans outstanding balances Source: Banque de France Webstat Outstanding: serie BSI1.M.FR.N.R.A220Z.A. 1.U6.2250.Z01.E Production: serie MIR1.M.FR.B.A22.A.Y.A.2250U6.EUR.N Production excluding renegociations: serie MIR1.M.FR.B.A22HR.A.5.A.2254U6.EUR.N Source: INSEE - Indice de prix des notaires (notary index on home prices), nationwide series ref 10001868 Source: Annual Report Crédit Logement 2017 27. 28. 29. 2016 30. 31. 32. 33. 34. 35. Requirement as of 1 January 2018, to compare with an average cost of risk of 6bps as per the Annual study of the French Autorité de Contrôle Prudentiel et de Résolution on Home loans - Insolvency protection and security enforcement in case of bankruptcy of HSBC France based on the legal framework of the Sociétés de Crédit Foncier (SCF) (articles L513-2 to L513-27 of the French Monetary and Financial Code - FMFC) and of the Sociétés de Financement de l'Habitat (SFH) (articles L513-28 to L513-33 of the FMFC) Please refer to the Asset Monitoring section of the prospectus for the detailed definitions All Home Loans title to which has been transferred to the Issuer upon enforcement of the Borrower Collateral Security following the enforcement of a Borrower Event of Default Greater Paris = Ile-de-France North East Alsace, Bourgogne, Champagne-Ardenne, Franche-Comté, Lorraine, Nord-Pas-de-Calais North West = Basse-Normandie, Bretagne, Haute-Normandie, Pays-de-la-Loire, Picardie South East Auvergne, Corse, Limousin, Provence-Alpes-Côte d'Azur, Rhône-Alpes South West = Aquitaine, Centre, Languedoc-Roussillon, Midi-Pyrénées, Poitou-Charentes Source: HSBC SFH Investor website https://www.about.hsbc.fr/fr-fr/investor-relations/hsbc-sfh-france Source: HSBC SFH Base Prospectus 43 43

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