<div id="readability-page-1"><div>RNS Number : 5365M HSBC Holdings PLC 22 December 2025 HSBC HOLDINGS PLC22 December 2025Notification of Transactions by Persons Discharging Managerial Responsibilities (&#34;PDMRs&#34;)The following transactions of US$0.50 ordinary shares (the &#34;Shares&#34;) in HSBC Holdings plc (the &#34;Company&#34;), relates to the additional Shares being added to PDMRs' vested share plan interests through the automatic reinvestment of the third interim dividend for 2025, which took place on 18 December 2025. The price per Share was £11.43115.Other PDMRs<div><table><tbody><tr><td>Name</td><td>Shares acquired</td></tr><tr><td>David Liao</td><td>4,862</td></tr><tr><td>Barry O'Byrne</td><td>12</td></tr></tbody></table></div>The following disclosures are made in accordance with the UK version of the EU Market Abuse Regulation 596/2014.<div><table><tbody><tr><td colspan="8">1 - Details of the person discharging managerial responsibilities / person closely associated</td></tr><tr><td colspan="8"></td></tr><tr><td colspan="4">Name of natural person</td><td colspan="2">David Liao</td><td colspan="2"></td></tr><tr><td colspan="4"></td><td colspan="2"></td><td colspan="2"></td></tr><tr><td colspan="8">2 - Reason for the notification</td></tr><tr><td colspan="8"></td></tr><tr><td colspan="4">Position/status</td><td colspan="4">Co-Chief Executive, Asia and Middle East</td></tr><tr><td colspan="4"></td><td colspan="4"></td></tr><tr><td colspan="4">Initial notification/amendment</td><td colspan="4">Initial Notification</td></tr><tr><td colspan="4"></td><td colspan="4"></td></tr><tr><td colspan="8">3 - Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor</td></tr><tr><td colspan="8"></td></tr><tr><td colspan="4">Full name of the entity</td><td colspan="4">HSBC Holdings plc</td></tr><tr><td colspan="4"></td><td colspan="4"></td></tr><tr><td colspan="4">Legal Entity Identifier code</td><td colspan="4">MLU0ZO3ML4LN2LL2TL39</td></tr><tr><td colspan="4"></td><td colspan="4"></td></tr><tr><td colspan="8">4 - Details of the transaction(s)</td></tr><tr><td colspan="8"></td></tr><tr><td colspan="8">Transaction(s) summary table</td></tr><tr><td></td><td>Date of Transaction</td><td>Financial Instrument</td><td>Identification Code</td><td colspan="2">Place of Transaction</td><td>Currency</td><td></td></tr><tr><td></td><td>2025-12-18</td><td>Ordinary shares of US$0.50 each</td><td>GB0005405286</td><td colspan="2">London Stock Exchange, Main Market (XLON)</td><td>GBP - British Pound</td><td></td></tr><tr><td rowspan="3"></td><td colspan="2" rowspan="3">Nature of Transaction:Acquisition as part of the reinvestment of the third interim dividend for 2025</td><td></td><td>Price</td><td>Volume</td><td>Total</td><td></td></tr><tr><td></td><td>£11.43</td><td>4,862</td><td>£55,578.25</td><td></td></tr><tr><td>Aggregated</td><td>£11.431</td><td>4,862</td><td>£55,578.25</td><td></td></tr></tbody></table></div><div><table><tbody><tr><td colspan="9">1 - Details of the person discharging managerial responsibilities / person closely associated</td></tr><tr><td colspan="9"></td></tr><tr><td colspan="4">Name of natural person</td><td colspan="3">Barry O'Byrne</td><td colspan="2"></td></tr><tr><td colspan="4"></td><td colspan="3"></td><td colspan="2"></td></tr><tr><td colspan="9">2 - Reason for the notification</td></tr><tr><td colspan="9"></td></tr><tr><td colspan="4">Position/status</td><td colspan="5">Chief Executive, International Wealth and Premier Banking</td></tr><tr><td colspan="4"></td><td colspan="5"></td></tr><tr><td colspan="4">Initial notification/amendment</td><td colspan="5">Initial Notification</td></tr><tr><td colspan="4"></td><td colspan="5"></td></tr><tr><td colspan="9">3 - Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor</td></tr><tr><td colspan="9"></td></tr><tr><td colspan="4">Full name of the entity</td><td colspan="5">HSBC Holdings plc</td></tr><tr><td colspan="4"></td><td colspan="5"></td></tr><tr><td colspan="4">Legal Entity Identifier code</td><td colspan="5">MLU0ZO3ML4LN2LL2TL39</td></tr><tr><td colspan="4"></td><td colspan="5"></td></tr><tr><td colspan="9">4 - Details of the transaction(s)</td></tr><tr><td colspan="9"></td></tr><tr><td colspan="9">Transaction(s) summary table</td></tr><tr><td></td><td colspan="2"></td><td></td><td colspan="2"></td><td></td><td></td><td></td></tr><tr><td></td><td>Date of Transaction</td><td>Financial Instrument</td><td>Identification Code</td><td colspan="3">Place of Transaction</td><td>Currency</td><td></td></tr><tr><td></td><td>2025-12-18</td><td>Ordinary shares of US$0.50 each</td><td>GB0005405286</td><td colspan="3">London Stock Exchange, Main Market (XLON)</td><td>GBP - British Pound</td><td></td></tr><tr><td></td><td colspan="2" rowspan="3">Nature of Transaction:Acquisition as part of the reinvestment of the third interim dividend for 2025</td><td></td><td>Price</td><td colspan="2">Volume</td><td>Total</td><td></td></tr><tr><td></td><td></td><td>£11.43</td><td colspan="2">12</td><td>£137.17</td><td></td></tr><tr><td></td><td>Aggregated</td><td>£11.431</td><td colspan="2">12</td><td>£137.17</td><td></td></tr><tr><td></td><td colspan="2"></td><td></td><td colspan="2"></td><td></td><td></td><td></td></tr></tbody></table></div>For any queries related to this notification, please contact:Lee DavisCorporate Governance &amp; Secretariatshareholderquestions@hsbc.comThis information is provided by RNS, the news service of the London Stock Exchange. 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HSBC

HSBC Holdings PLC announced transactions involving ordinary shares by Persons Discharging Managerial Responsibilities (PDMRs). David Liao acquired 4,862 shares, and Barry O'Byrne acquired 12 shares through automatic reinvestment of the third interim dividend for 2025. The transactions were conducted on 18 December 2025 at a price of £11.431 per share on the London Stock Exchange.

- HSBC Holdings plc reported transactions by persons discharging managerial responsibilities on December 22, 2025, regarding ordinary shares acquired through the automatic reinvestment of the third interim dividend on December 18, 2025.  
- Co-Chief Executive David Liao acquired 4,862 shares at £11.431 each, totaling £55,578.25, while Chief Executive Barry O'Byrne acquired 12 shares for £137.17.  
- These disclosures comply with the UK version of the EU Market Abuse Regulation 596/2014.

REG - HSBC Holdings PLC - Director/PDMR Shareholding