Investor Presentaiton
Footnotes
50. Senior leadership is classified as those at Band 3 and above in our global career band structure. Employees with an
'Undeclared' or 'Unknown' gender have been incorporated into the 'Male' category
Strategy
4022 results
Appendix
73. A revised approach to insurance-related adjustments has been effective from 30 September 2022. This has had no impact on
overall CET1 capital
51. Individuals at Band 3 and above in our global career band structure who identify as being of black heritage in the US and the
UK
52. The volume amounts stated include; capital markets/advisory activities, balance sheet related transactions that capture the
limit of the facility at the time it was provided and the net new flows of sustainable investments (Assets under Management);
Green, Social, Sustainability and Sustainability Linked labelled bonds that align to the International Capital Markets
Association (ICMA) principles Capital markets/advisory volumes are recorded as HSBC's proportional bookrunner value
53. In determining our dividend payout ratio we will exclude material significant items (including the planned disposal of our retail
banking operations in France and the planned sale of our banking business in Canada) from reported earnings per share
54. On an IFRS 4 basis and retranslated for foreign exchange movements. We intend to update our NII guidance at or before our
1Q23 results to incorporate the expected impact of IFRS 17
Includes held-for-sale balances
55.
56. Technology cost increases in quarterly walks are presented on a gross basis (excl. saves)
57. On an IFRS 4 basis and retranslated for foreign exchange movements. There may also be an incremental adverse impact
from retranslating the 2022 results of hyperinflationary economies at constant currency
58. Regulatory profits
59. Medium term is defined as 3-4 years from 1 January 2020; long term is defined as 5-6 years from 1 January 2020
60. Based on 10 markets (Hong Kong excl. Hang Seng, mainland China, the UK, UAE, Malaysia, India, Singapore, Australia,
Channel Islands and Isle of Man and the US), based on 9M22 data
61. Alternative Performance Measure (APM)
62. Currently includes "Holdings and Other"
63. Less than 1% of employees will not yet have completed due to new joiners to the bank being given 45 days to complete their
mandatory training
64. Source: Dealogic. Apportioned volume represents the portion of deal volume assigned to HSBC in deals where HSBC is
marked as a lender. Market shares exclude self-mandated deals
65. For accounting purposes, Argentina was deemed a hyperinflationary economy from 1 July 2018 and Türkiye from 1 June
2022
66. YTD ROTE by Global Business excludes significant items. RoTE methodology annualises Profits Attributable to Shareholders,
including ECL, in order to provide a returns metric. ROTE by Global Business considers AT1 Coupons on an accruals basis, vs.
Reported RoTE where it is treated on a cash basis
67. Included within held for sale at 4021 were balances associated with our US mass market retail banking business, which were
disposed of during 1Q22. Included within assets held for sale at 3Q22 were balances primarily related to our retail banking
operations in France. Included within held for sale at 4022 were balances primarily relating to our retail banking operations in
France and our banking business in Canada
68. Wealth deposits include Premier, Jade and Global Private Banking deposits, which include Prestige deposits in Hang Seng
Bank, and form part of the total WPB customer accounts balance
69. Included within held for sale at 4Q22 were balances relating to our banking business in Canada, as well as balances relating
to planned sale of our businesses in Greece and Russia. 3022 included balances relating to the planned sale of our
businesses Greece and Russia
70. A reconciliation of reported RWAs to adjusted RWAs can be found in the 'HSBC Holdings plc 4Q 2022 Datapack'
71. Data as of 31 Dec 2022
72. Differences between shareholders' equity and tangible equity drivers primarily reflect goodwill and other intangible
impairment, PVIF movements and amortisation expense within 'Profit Attributable to Ordinary shareholders', FX on goodwill
and intangibles within 'FX', and intangible additions and other movements within 'Other'
74.
Excludes Hang Seng
75.
Source: HKMA. Statistics of Payment Cards issued in Hong Kong
76.
November 2022. Source: Hong Kong Monetary Authority
77.
78.
Total includes HSBC Hong Kong, Hang Seng and other Hong Kong entities
Source: HKMA. December 2022 data
79.
80.
81.
Mainland China reported Real Estate exposures comprises exposures booked in mainland China and offshore where the
ultimate parent is based in mainland China, and all exposures booked on mainland China balance sheets; Commercial Real
Estate refers to lending that focuses on commercial development and investment in real estate and covers commercial,
residential and industrial assets; Real Estate for Self Use refers to lending to a corporate or financial entity for the purchase or
financing of a property which supports overall operations of a business i.e. a warehouse for an e-commerce firm
Source: Bank of England
Includes offset mortgages in first direct, endowment mortgages and other products
82. Excludes Private Bank
83.
Inclusive of recycling of c.$0.5bn in foreign currency translation reserve losses. The estimated pre-tax profit on the sale will
be recognised through a combination of the consolidation of HSBC Canada's results into the Group's financial statements
until completion, and the remaining gain on sale recognised at completion. There would be no tax on the gain recognised at
completion
84. Approximate distribution for dividends declared in respect of FY22
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