Standard Chartered PLC — Capital/Financing Update 2023

Jun 19, 2023

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

For distribution only (a) in the United States, to qualified institutional buyers (as defined in Rule 144A under the United States Securities Act of 1933, as amended (the "Securities Act")), and (b) outside the United States to persons other than "U.S. persons" (as defined in Regulation S of the Securities Act)

STANDARD CHARTERED PLC

渣打集團有限公司

(Incorporated as a public limited company in England and Wales with limited liability)

(Registered Number: 966425)

(Stock Code: 02888)

Registered Number: 00966425

LEI: U4LOSYZ7YG4W3S5F2G91

Notice to holders to be delivered via clearing systems

Notice to the holders of (i) the US$400,000,000 Undated Primary Capital Floating Rate Notes, ISIN: GB0008387283 (the "Series 1 Notes") and (ii) the US$300,000,000 Undated Primary Capital Floating Rate Notes, ISIN: XS0010276466 (the "Series 4 Notes") (together, the "Notes") issued by Standard Chartered PLC ("SCPLC")

Notice of redemption

Notice is hereby given to the holders of the Notes that, pursuant to Condition 4(b) (Optional Repayment) of the terms and conditions of each series of Notes (the "Terms"), SCPLC will redeem all outstanding Series 1 Notes and all outstanding Series 4 Notes on 26 July 2023 (the "Redemption Date"). Accordingly, on the Redemption Date, all of the Notes shall be redeemed at their principal amount together with Arrears of Interest (as defined in the Terms).

SCPLC confirms that the Prudential Regulation Authority has given its consent to the redemption of the Notes.

In case of queries, please contact:

Daniel Banks

Managing Director, Global Head, Debt Investor Relations

1 Basinghall Avenue

London

EC2V 5DD

020 7885 6329

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Shaun Gamble
Executive Director, Group Media Relations
Group Media Relations
1 Basinghall Avenue
London
EC2V 5DD
020 7885 5934

Dated 19 June 2023

This notice of redemption is issued and directed only to the holders of the Notes and no other person shall, or is entitled to, rely or act on, or be able to rely or act on, its contents, and it should not be relied upon by any holder of Notes for any other purpose.

As at the date of this announcement, the Board of Directors of Standard Chartered PLC comprises:

Chairman:
José María Viñals Iñiguez

Executive Directors:
William Thomas Winters, CBE and Andrew Nigel Halford

Independent Non-Executive Directors:
Shirish Moreshwar Apte; David Philbrick Conner; Gay Huey Evans, CBE; Jacqueline Hunt; Robin Ann Lawther, CBE; Maria da Conceicao das Neves Calha Ramos (Senior Independent Director); Philip George Rivett; David Tang; Carlson Tong and Linda Yi-chuang Yueh, CBE