HSBC Results Presentation Deck

Net interest margin supporting information Market-implied path of overnight interest rates³6, bps GBP 19 USD 7 31/12/2021 Source: Bloomberg 180 150 31/12/2022 195 205 31/12/2023 Quarterly NIM by key legal entity The Hongkong and Shanghai Banking Corporation (HBAP) HSBC Bank plc (NRFB) HSBC UK Bank plc (UK RFB) HSBC North America Holdings, Inc 27 9 10 4Q20 * At 18 February 2022 14 Key rates (quarter averages), basis points 8 4Q20 1021 2021 3Q21 4Q21 1.42% 1.40% 1.37% 1.35% Strategy 0.53% 0.51% 0.48% 0.47% 0.52% 0.95% 0.96% 0.97% 0.90% 1.60% 1.59% 1.56% 1.51% 1.48% 1Q21 1M HIBOR 10 9 7 Fed effective rate 2Q21 4021 results 10 1.35% 7 0.87% 3Q21 10 9 % of 4Q21 Group NII BOE Base Rate 11 8 4Q21 47% 9% 24% 6% 13 Appendix % of 4Q21 Group AIEA 16 8 42% 22% 19% 9% 34 1Q22 QTD* Source: Bloomberg 34

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