HSBC Results Presentation Deck

Path to CET1 target CET1 ratio evolution 15.8% FY21 1022 mainly impacted by: I Incremental Software Regulatory I $1bn capitalisation RWA uplifts I buyback reversal I I Bars in chart are illustrative and not to scale * Profits are net of AT1 coupon payments and includes 1022 profits Profits* Organic Capital return France loss growth on disposal Recent acquisition impacts and other c.14 - 14.5% FY22 Strategy 4021 results Appendix Aim to transition to c.14 14.5% CET1 ratio planning range by FY22 Target CET1 ratio to be met primarily via organic and inorganic growth, capital return, and regulatory impacts Expect CET1 ratio to be adversely impacted in FY22 by a number of items: c.12bps from intended up to $1bn incremental buyback c.25bps from software capitalisation benefit reversal from 1-Jan-22 c.45bps impact from c.3% RWA inflation from other regulatory and policy changes during 1022 c.30bps loss on sale of France retail, during 3022 c.15bps impact from recent acquisitions (AXA Singapore, L&T Investment Management, HSBC Life China), of which roughly half are expected to occur in 1022 19

View entire presentation