HSBC Holdings PLC

Interest Rate Update/Notice • Dec 16, 2025

National Storage Mechanism | Additional information

FRN Variable Rate Fix

15-December-2025

Issue: Paragon Bank plc

SERIES 2025-1

XS3019748337

Pursuant to our appointment as Agent for the above stated issue, please be advised of the following interest rate determination:

Date From: 22-September-2025

Date To: 22-December-2025

Record Date: 19-December-2025

Value Date: 22-December-2025

Benchmark Rate: 3.98849%

Margin: 0.6%

Total Rate: 4.58849%

Floor: 0%

Number of Days: 91

Day Count: Actual / 365 (Fixed)

Interest Frequency: Quarterly

Total Amount Due:

GBP 5,719,898.49

Interest Per 1K: GBP 11.43979698

Pool Factor: 1

View source version on businesswire.com: https://www.businesswire.com/news/home/20251216420275/en/

HSBC Bank Plc