HSBC France € 20,000,000,000 Euro Medium Term Note Programme

Interest Period Date means each Interest Payment Date unless otherwise specified in the relevantFinal Terms.ISDA Definitions means the 2006 ISDA Definitions, as published by the International Swaps andDerivatives Association, Inc., as may be supplemented or amended as at the Issue Date.Rate of Interest means the rate of interest payable from time to time in respect of the Notes and that iseither specified or calculated in accordance with the provisions in the relevant Final Terms.Reference Banks means, in the case of a determination of LIBOR, the principal London office of fourmajor banks in the London inter-bank market and, in the case of a determination of EURIBOR, theprincipal Euro-zone office of four major banks in the Euro-zone inter-bank market, in each caseselected by the Calculation Agent or as specified in the relevant Final Terms. Reference Rate meansthe rate specified as such in the relevant Final Terms.Relevant Screen Page means such page, section, caption, column or other part of a particularinformation service as may be specified in the relevant Final Terms.Specified Currency means the currency specified as such in the relevant Final Terms or, if none isspecified, the currency in which the Notes are denominated.5. Interest on Fixed Rate NotesEach Fixed Rate Note bears interest on its outstanding nominal amount from the InterestCommencement Date at the rate per annum (expressed as a percentage) equal to the Rate of Interest,such interest being payable in arrears on each Interest Payment Date.If a fixed amount of interest (Fixed Coupon Amount) or a broken amount of interest (BrokenAmount) is specified in the relevant Final Terms, the amount of interest payable on each InterestPayment Date will amount to the Fixed Coupon Amount or, if applicable, the Broken Amount sospecified and in the case of the Broken Amount will be payable on the particular Interest PaymentDate(s) specified in the relevant Final Terms.6. Interest on Floating Rate Notes(a)Interest Payment DateEach Floating Rate Note bears interest shall do so on its outstanding nominal amount from the InterestCommencement Date at the rate per annum (expressed as a percentage) equal to the Rate of Interest,such interest being payable in arrears on each Interest Payment Date. Such Interest Payment Date(s)is/are either shown in the relevant Final Terms as Specified Interest Payment Dates or, if no SpecifiedInterest Payment Date(s) is/are shown in the relevant Final Terms, Interest Payment Date shall meaneach date which falls the number of months or other period shown in the relevant Final Terms as theInterest Period after the preceding Interest Payment Date or, in the case of the first Interest PaymentDate, after the Interest Commencement Date.(b)Business Day ConventionIf any date referred to in these Conditions that is specified to be subject to adjustment in accordancewith a Business Day Convention would otherwise fall on a day that is not a Business Day, then, if theBusiness Day Convention specified is (A) the Floating Rate Business Day Convention, such date shallbe postponed to the next day that is a Business Day unless it would thereby fall into the next calendarmonth, in which event (x) such date shall be brought forward to the immediately preceding BusinessDay and (y) each subsequent such date shall be the last Business Day of the month in which such date64