HSBC Insider Transaction Disclosure

• Issuer: HSBC Holdings plc.
• Event: Notification of a transaction by a Person Discharging Managerial Responsibilities (PDMR) dated November 4, 2025.
• Insider: Ian Stuart, Chief Executive of HSBC UK Bank plc.
• Action: Exercised options to purchase 11,419 ordinary shares under the Savings-Related Share Option Plan.
• The option price was £2.627 per share.
• Total value of the exercise was approximately £30,000.

This filing concerns only an executive stock option exercise and does not disclose new financial performa