HSBC Results Presentation Deck

Cost programme progress Adjusted costs, $bn FTE 33.6 2019 235.4k Investment Inflation (3.3) Cost programme saves Bank levy Other ◆ Programme cost saves to date of $3.3bn and associated CTA spend of $3.6bn; c.60% completion of announced cost programme Technology spend of $6.0bn22, up 6% vs. FY20 Strategy 32.1 2021 219.7k Expect CTA spend of c.$3.4bn over FY22, expected to generate >$2bn of cost saves; with total CTA programme spend of $7bn and cost saves of at least $5.5bn by FY22 Expect at least $0.5bn of further cost savings in 2023 from the 2022 CTA programme. The net impact of recent acquisitions and disposals on costs for 2023 is broadly neutral 4021 results Stable costs over FY22 Appendix 2022 Targeting FY22 adjusted costs in line with FY21 We intend to manage cost growth within a 0 - 2% range in FY2323, mitigating inflation with cost saves 17

View entire presentation