Standard Chartered Regulatory News (STAN)

Standard Chartered PLC 31 March 2025

WAIVER IN RESPECT OF SPECIFIC MANDATE TO ISSUE EQUITY CONVERTIBLE ADDITIONAL TIER 1 SECURITIES

On 26 February 2025, The Stock Exchange of Hong Kong Limited granted a waiver to Standard Chartered PLC (the "Company") from compliance with Rule 13.36(1) of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the "Waiver").

The Waiver allows the directors to seek a specific mandate from the shareholders at the Company's 2025 annual general meeting to be held on 8 May 2025 ("AGM") in relation to issuing Equity Convertible Additional Tier 1 Securities, subject to the limits set out in the Company's Notice of AGM. If the specific mandate is approved by shareholders, the waiver would continue in force until:

(i) the end of next year's AGM (or, if earlier, at the close of business on 7 August 2026) at which time it will lapse unless the specific mandate is renewed, either unconditionally or subject to conditions; or

(ii) revoked or varied by ordinary resolution of the shareholders in a general meeting.

To view the full announcement click here:

http://www.rns-pdf.londonstockexchange.com/rns/9449C_1-2025-3-31.pdf

Contact name for Enquiries

Melissa Atkinson, Director, Board Governance, Capital & Listings - 44 (0)207 885 7983

Richard Staff, Global Head, Term Issuances & Funding - 0207 885 8656.

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