HSBC Bank Malta Plc

Capital/Financing Update • Dec 12, 2023

12 December 2023

COMPANY ANNOUNCEMENT

The following is a Company Announcement by HSBC Bank Malta p.l.c. in compliance with the Capital Markets Rules issued by the Malta Financial Services Authority.

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HSBC Bank Malta p.l.c. (the 'Bank') announces that it has today concluded the raising of Tier 2 capital, by entering into a €65 million subordinated loan from HSBC Continental Europe. The loan has a term of 10 years and bears interest at a rate equal to 3-month EURIBOR plus a margin of 237 basis points.

Further, the Bank announces that its existing €60m unsecured loan granted to it by HSBC Bank plc on 16 December 2021 has been assigned on the same terms and conditions to HSBC Continental Europe, as the new parent company of HSBC Bank Malta p.l.c., following the change of control in November 2022. The purpose of this loan, as now assigned, is to enable the Bank to meet the minimum requirement for own funds and eligible liabilities ('MREL') as set by the Single Resolution Board.

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Dr Paula Mamo LL.D. Company Secretary

This Company Announcement is issued by HSBC Bank Malta p.l.c. Company Secretary Tel: (+356) 2380 2380 HSBC Bank Malta p.l.c. Registered in Malta number C3177. Registered Office: 116, Archbishop Street, Valletta VLT 1444, Malta. HSBC Bank Malta p.l.c. authorised by the Malta Financial Services Authority to provide investment services under the Investment Services Act 1994. HSBC Bank Malta p.l.c. is enrolled as a tied insurance intermediary for HSBC Life Assurance (Malta) Ltd under the Insurance Distribution Act (Cap. 487 of the Laws of Malta)