FRN Variable Rate Fix

18-November-2025

Issue: HSBC UK Bank plc (Covered Bond)

2023-1

XS2682200030

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

Date From: 26-August-2025

Date To: 25-November-2025

Record Date: 24-November-2025

Value Date: 25-November-2025

Benchmark Rate: 3.9872%

Margin: 0.5%

Total Rate: 4.4872%

Floor: 0%

Number of Days: 91

Day Count: Actual / 365 (Fixed)

Interest Frequency: Quarterly

Total Amount Due:

GBP 5,593,632.88

Interest Per 1K: GBP 11.18726576

Pool Factor: 1

View source version on businesswire.com: https://www.businesswire.com/news/home/20251118494217/en/

HSBC Bank Plc