FRN Variable Rate Fix

18-November-2025

Issue: HSBC UK Bank plc (Covered Bond)

2022-1

XS2532381352

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: 0.62%

Total Rate: 4.6072%

Floor: 0%

Number of Days: 91

Day Count: Actual / 365 (Fixed)

Interest Frequency: Quarterly

Total Amount Due:

GBP 5,743,221.92

Interest Per 1K: GBP 11.48644384

Pool Factor: 1

View source version on businesswire.com: https://www.businesswire.com/news/home/20251118378744/en/

HSBC Bank Plc