Hong Kong Exchanges and Clearing Limited

FORM 2 - Corporate Substantial Shareholder Notice

Form Serial Number:

CS20260821E00411

1. Date of relevant event:

18/08/2026
(dd/mm/yyyy)

2. Date when the substantial shareholder becomes aware of the relevant event / interest in the shares (if later):

20/08/2026
(dd/mm/yyyy)

3. Stock code:

00005

4. Name of listed corporation:

HSBC Holdings plc

5. Class of shares:

Ordinary Shares

6. Number of issued shares in class:

17,177,903,842

7. Name of substantial shareholder:

JPMorgan Chase & Co.

8. Registered office:

270 Park Avenue, New York, New York, NY, 10017, United States

9. Principal place of business in Hong Kong:

N/A

15. Exchange on which listed:

New York Stock Exchange

16. Name of listed parent and exchange on which parent is listed:

N/A

17. Details of relevant event:

Brief description of relevant event

Capacity in which shares were/are held

Number of shares bought/sold or involved

Currency of transaction

On Exchange

Off Exchange

Before relevant event

After relevant event

Highest price (per share)

Average price (per share)

Average consideration (per share)

Nature of consideration

Long position

1013	You first acquire a notifiable interest because: any other event (you must briefly describe the relevant event in the Supplementary Information box)

2201	Interest of corporation controlled by you

2201	Interest of corporation controlled by you

554,606,339

HKD

162.9000

162.3656

161.9512

3101

Cash

Short position

18. Total shares immediately before the relevant event:

	Total number of shares	Percentage figure (%)
Long position	337,757,913	1.96
Short position	59,264,862	0.34
Lending Pool	56,479,839	0.32

19. Total shares immediately after the relevant event:

	Total number of shares	Percentage figure (%)
Long position	892,364,252	5.19
Short position	58,005,847	0.33
Lending Pool	616,813,063	3.59

20. Capacity in which interests disclosed in Box 19 are held:

Capacity code

Number of shares

2101	Beneficial owner

Long position	85,761,178
Short position	57,499,339

2102	Investment manager

Long position	188,885,844
Short position	506,508

2106	Person having a security interest in shares

Long position	183,475
Short position	0

2301

Trustee

Long position	720,692
Short position	0

2502	Approved lending agent

Long position	616,813,063
Short position	0

21. Further information in respect of derivative interests:

Derivatives code

Number of shares

4101	Listed derivatives - Physically settled

Long position	8,324,600
Short position	8,359,800

4102	Listed derivatives - Cash settled

Long position	526,840
Short position	3,009,946

4105	Unlisted derivatives - Physically settled

Long position	3,322,309
Short position	4,972,571

4106	Unlisted derivatives - Cash settled

Long position	47,666,163
Short position	23,098,773

4103	Listed derivatives - Convertible instruments

Long position	20
Short position	508

22. Further information in relation to interests of corporations controlled by substantial shareholder:

Name of controlled corporation

Address and place of incorporation

Name of controlling person

% control

Direct interest (Y/N)

Number of shares

J.P. Morgan Private Investments Inc.

270 Park Avenue New York NY 10017 United States

JPMorgan Chase Holdings LLC

100.00

Long position	38,346,855
Short position	0

J.P. Morgan Securities LLC

270 Park Avenue New York NY 10017 United States

J.P. Morgan Broker-Dealer Holdings Inc.

100.00

Long position	5,763,914
Short position	6,017,009

JPMORGAN ASSET MANAGEMENT (UK) LIMITED

60 Victoria Embankment London EC4Y0JP England

JPMORGAN ASSET MANAGEMENT INTERNATIONAL LIMITED

100.00

Long position	74,267,692
Short position	351,859

JPMorgan Asset Management (Japan) Limited

Tokyo Building, 7-3 Marunouchi 2 Chome, Chiyoda-ku, Tokyo 100 6432 Japan

JPMorgan Asset Management (Asia) Inc.

100.00

Long position	1,043
Short position	1,043

J.P. Morgan Chase Bank Berhad

Level 18 Integra Tower The Intermark 348 Jalan Tun Razak, Wilayah Persekutuan Kuala Lumpur 50400 Malaysia

J.P. Morgan International Finance Limited

100.00

Long position	0
Short position	1,710,000

JPMorgan Chase Bank, National Association

1111 Polaris Parkway Columbus OH 43240 United States

JPMorgan Chase & Co.

100.00

Long position	627,194,812
Short position	0

JPMorgan Asset Management (Asia Pacific) Limited

19 & 20/F, Chater House 8 Connaught Road Central Hong Kong Hong Kong

JPMorgan Asset Management (Asia) Inc.

100.00

Long position	16,716,228
Short position	60,345

JPMorgan Asset Management (China) Company Limited

42F&43F 479 Lujiazui Ring Road China (Shanghai) Pilot Free Trade Zone Shanghai 200120 China

JPMorgan Asset Management Holdings Inc.

100.00

Long position	91,200
Short position	0

JPMorgan Asset Management (Taiwan) Limited

20F & 21, No.1 Song Zhi Rd, Xin Yi District, Taipei City, Taiwan. Taipei 110 Taiwan (Province of China)

JPMorgan Asset Management (Asia) Inc.

100.00

Long position	223,080
Short position	0

55I, LLC

One Liberty Square Suite 200 Boston MA 02109 United States

55 Institutional Partners, LLC

100.00

Long position	7,931
Short position	0

J.P. Morgan SE

TaunusTurm Taunustor 1 Frankfurt am Main Frankfurt 60310 Germany

J.P. Morgan International Finance Limited

100.00

Long position	7,866,390
Short position	6,210,000

J.P. MORGAN MARKETS LIMITED

25 Bank Street Canary Wharf London E14 5JP England

J.P. MORGAN FINANCIAL INVESTMENTS LIMITED

100.00

Long position	126,170
Short position	0

J.P. Morgan Investment Management Inc.

270 Park Avenue New York NY 10017 United States

JPMorgan Asset Management Holdings Inc.

100.00

Long position	48,281,912
Short position	66,584

J.P. Morgan Prime Inc.

270 Park Avenue New York NY 10017 United States

J.P. Morgan Securities LLC

100.00

Long position	737,680
Short position	737,680

J.P. Morgan Structured Products B.V.

Luna Arena Herikerbergweg 238 Amsterdam 1101 CM Netherlands

J.P. Morgan International Finance Limited

100.00

Long position	0
Short position	8

JPMorgan Chase Financial Company LLC

270 Park Avenue New York NY 10017 United States

JPMorgan Chase & Co.

100.00

Long position	0
Short position	500

JPMorgan Asset Management (Singapore) Limited

88 Market Street 30-00 CapitaSpring Singapore 048948 Singapore

JPMorgan Asset Management (Asia) Inc.

100.00

Long position	611,027
Short position	18,227

J.P. Morgan Trust Company of Delaware

500 Stanton Christiana Road Newark DE 19713-2107 United States

JPMorgan Chase Holdings LLC

100.00

Long position	578,975
Short position	0

J.P. Morgan Alternative Asset Management, Inc.

270 Park Avenue New York NY 10017 United States

JPMorgan Asset Management Holdings Inc.

100.00

Long position	34,000
Short position	8,450

J.P. MORGAN SECURITIES PLC

25 Bank Street Canary Wharf London E14 5JP England

J.P. MORGAN CAPITAL HOLDINGS LIMITED

100.00

Long position	71,515,343
Short position	42,824,142

JPMorgan Chase Holdings LLC

270 Park Avenue New York NY 10017 United States

JPMorgan Chase & Co.

100.00

Long position	185,787,707
Short position	7,261,197

J.P. Morgan Broker-Dealer Holdings Inc.

4 Chase Metrotech Center 4th Floor Brooklyn NY 11245 United States

JPMorgan Chase Holdings LLC

100.00

Long position	6,501,594
Short position	6,754,689

JPMORGAN ASSET MANAGEMENT INTERNATIONAL LIMITED

60 Victoria Embankment London EC4Y0JP England

JPMorgan Asset Management Holdings Inc.

100.00

Long position	74,267,692
Short position	351,859

JPMorgan Asset Management Holdings Inc.

270 Park Avenue New York NY 10017 United States

JPMorgan Chase Holdings LLC

100.00

Long position	140,234,113
Short position	506,508

JPMorgan Asset Management (Asia) Inc.

270 Park Avenue New York NY 10017 United States

JPMorgan Asset Management Holdings Inc.

100.00

Long position	17,551,378
Short position	79,615

J.P. Morgan International Finance Limited

270 Park Avenue New York NY 10017 United States

JPMorgan Chase Bank, National Association

100.00

Long position	79,381,733
Short position	50,744,150

JPMorgan Chase Bank, National Association

1111 Polaris Parkway Columbus OH 43240 United States

JPMorgan Chase & Co.

100.00

Long position	79,381,733
Short position	50,744,150

55 Institutional Partners, LLC

One Liberty Square Suite 200 Boston MA 02109 United States

JPMorgan Asset Management Holdings Inc.

100.00

Long position	7,931
Short position	0

J.P. MORGAN FINANCIAL INVESTMENTS LIMITED

25 Bank Street Canary Wharf London E14 5JP England

JPMorgan Chase Holdings LLC

100.00

Long position	126,170
Short position	0

J.P. Morgan Securities LLC

270 Park Avenue New York NY 10017 United States

J.P. Morgan Broker-Dealer Holdings Inc.

100.00

Long position	737,680
Short position	737,680

J.P. MORGAN CAPITAL HOLDINGS LIMITED

25 Bank Street Canary Wharf London E14 5JP England

J.P. Morgan International Finance Limited

100.00

Long position	71,515,343
Short position	42,824,142

23. Further information in relation to interests held by substantial shareholder jointly with another person:

Name of joint shareholder	Address	Number of shares

24. Further information from a trustee, a beneficiary of a trust, or a person who set up a discretionary trust:

Names of trust

Address

Status code

Number of shares

N/A

Addresses of individuals are not displayed.

5101	Trustee of a trust

Long position	720,692
Short position	0

25. Further information from a party to an agreement under Section 317 (Please see Notes for further information required):

Names of other parties	Address	Number of shares

Total number of shares in which a substantial shareholder is interested under sections 317 and 318

26. Details of person(s) in accordance with whose directions the substantial shareholder or its directors are accustomed to act:

Names	Address	Relationship Code	Percentage (%)

27. Supplementary information:

JP Morgan Chase & Co. acquire a notifiable interest because the percentage level of our interest in the shares held in our lending pool is taken to have increased.

28. Log/Serial Number of the previous form:

29. Number of concert party document(s) under section 317 attached/uploaded:

Date of filing this Form 2:

21/08/2026
(dd/mm/yyyy)