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.

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)

Intention to redeem notes

US$400,000,000 Undated Primary Capital Floating Rate Notes Series 1, ISIN: GB0008387283
US$300,000,000 Undated Primary Capital Floating Rate Notes Series 2, ISIN: XS0010826633
US$400,000,000 Undated Primary Capital Floating Rate Notes Series 3, ISIN: XS0010159159
US$300,000,000 Undated Primary Capital Floating Rate Notes Series 4, ISIN: XS0010276466
(together, the "Notes")

Standard Chartered PLC (the "Company") announces that it intends to redeem in full each series of Notes in accordance with their respective terms and conditions. The Company anticipates completing the redemption of each series of Notes on the next respective interest payment date, falling on 26 July 2023 (in the case of the series of Notes with ISINs GB0008387283 and XS0010276466), 30 November 2023 (in the case of the series of Notes with ISIN XS0010826633) and 22 December 2023 (in the case of the series of Notes with ISIN XS0010159159).

This announcement is not a formal notice of redemption in respect of any series of Notes. Before redeeming any Notes, the Company intends to give formal notice of redemption to the holders thereof in accordance with the terms and conditions of the relevant Notes.

This announcement is released by the Company and contains information that qualified as inside information for the purposes of Article 7 of Regulation (EU) No 596/2014 as it forms part of the domestic law of the United Kingdom by virtue of the EUWA ("UK MAR"), encompassing information relating to the Notes described above.

Should any holder of Notes have any queries in relation to this announcement please contact:

Daniel Banks
Managing Director, Global Head, Debt Investor Relations
1 Basinghall Avenue
London
EC2V 5DD
020 7885 6329

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

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19 June 2023

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

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