STANLN 7.000% Perpetual Corp (USD)

Bond Factsheet

Marketplace

Standard Chartered PLC

Full Lot

Bid Price

95.051

Change in Bid Price

remove 4.598

Bid Yield (%)

7.770 %

Change in Bid Yield

0.710

Bid Volume

200,000

Ask Price

95.551

Change in Ask Price

remove 4.098

Ask Yield (%)

7.730 %

Change in Ask Yield

0.670

Ask Volume

200,000

Price as of 03 Oct 2026, 1:27am

Odd Lot

Bid Price

94.926

Change in Bid Price

remove 1.942

Bid Yield (%)

7.779 %

Change in Bid Yield

0.208

Bid Volume

1,000

Ask Price

95.551

Change in Ask Price

remove 1.317

Ask Yield (%)

7.730 %

Change in Ask Yield

0.159

Ask Volume

100,000

Price as of 03 Oct 2026, 1:27am

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Bond Information

Standard Chartered PLC is an international banking group operating principally in Asia, Africa, and the Middle East. The Company offers its products and services in the personal, consumer, corporate, institutional and treasury areas.

Bond Issuer

Standard Chartered PLC

Guarantor

Announcement Date

28 May 2026

Issue Date

08 Jun 2026

Maturity Date

Perpetual

Years to Maturity / Next Call

Perpetual / 6.686

Modified Duration

5.099 @ 01 Oct 2026

Issue / Reoffer Price

100.000

Issue / Reoffer Yield

7.000

Coupon Type

Variable

Annual Coupon Rate

7.000

Coupon Frequency

Semi Annually

Seniority

Junior Subordinated

Capital Structure

Additional Tier 1

Reference Rate

Reset Date: 08 December 2033 and every 5 years thereafter
Reset Rate: 5Y UST Rate + Initial Margin (2.672%)

ISIN

USG84228HJ04

CUSIP

DL2600716

Bond Currency

USD

Total Issue Size

1,000,000,000

Min. Investment Quantity (Nominal)

USD 200,000

Incremental Quantity (Nominal)

USD 1,000

Bond Type

High Yield Corporate

Bond Sector

Financials

Bond Sub Sector

Banks

Issuer Credit Rating (S&P/ Fitch)

***/ A

Bond Credit Rating (S&P/ Fitch)

***/ BBB-

Shariah Compliant

Exchange Listed

Others

Bond Feature(s)

Loss Absorption

Additional Tier 1

Bail-in

Conversion upon Conversion Trigger Event

If a Conversion Trigger Event occurs, each Security shall, subject to and as provided in this Condition 7(a), be automatically and irrevocably discharged and satisfied by its Conversion into Ordinary Shares, credited as fully paid, in the manner and in the circumstances described below and the issuance and delivery of such Ordinary Shares to the Conversion Shares Depositary, to be held on trust by the Conversion Shares Depositary (on terms permitting a Conversion Shares Offer in accordance with Condition 7(b)(iii)) for the Securityholders, as provided below. Such Conversion shall occur without delay upon the occurrence of a Conversion Trigger Event.

Conversion Trigger Event:

The Conversion Trigger Event shall occur if at any time the CET1 Ratio is less than 7.00 per cent. The CET1 Ratio is calculated on a consolidated and fully loaded basis.

Conversion:If the Conversion Trigger Event occurs, each Security shall be automatically and irrevocably discharged and satisfied by its Conversion into Ordinary Shares, credited as fully paid, and the issuance of such Ordinary Shares to the Conversion Shares Depositary to be held on trust by the Conversion Shares Depositary for the Securityholders. The Conversion shall occur without delay upon the occurrence of a Conversion Trigger Event.

Conversion Price: The Conversion Price per Ordinary Share in respect of the Securities is U.S.$26.379 subject to certain anti-dilution adjustments as described herein. As at 28 May 2026, the Conversion Price was equivalent to a price of £19.630, translated into U.S. Dollars at an exchange rate of £1 = U.S.$1.3438.

Recognition of UK Bail-in Power

(a) Agreement and acknowledgement with respect to the exercise Notwithstanding and to the exclusion of any other agreements, arrangements or understandings between the Issuer and any Securityholder (or the Trustee on behalf of the Securityholders), by its acquisition of the Securities (or any interest therein), each Securityholder acknowledges and accepts that the Amounts Due may be subject to the exercise of the UK Bail-in Power by the Resolution Authority, and acknowledges, accepts, consents, and agrees to be bound by:

(i) the effect of the exercise of the UK Bail-in Power by the Resolution Authority, that may include and result in any of the following, or some combination thereof:

(A) the reduction of all, or a portion, of the Amounts Due;

(B) the conversion of all, or a portion, of the Amounts Due in respect of the Securities into shares, other securities or other obligations of the Issuer, or another person (and the issue to or conferral on the Securityholder of such shares, securities or obligations), including by means of an amendment, modification or variation of the terms of the Securities;

(C) the cancellation of the Securities (if applicable); and/or

(D) the amendment or alteration of the maturity of the Securities or amendment of the amount of interest payable on the Securities, or the date on which the interest becomes payable, including by suspending payment for a temporary period; and

(ii) the variation of the terms of the Securities, as determined by the Resolution Authority, to give effect to the exercise of the UK Bail-in Power by the Resolution Authority.

Deferral Interest Payment

Cancellation of Interest Payments (Fully discretionary, non-cumulative and subject to sufficient Distributable Items, and to the Issuer being solvent at the time of payment)

If the Issuer does not make an Interest Payment or part thereof on the relevant Interest Payment Date or on any other relevant date for payment, such non-payment shall evidence:

(i) the non-payment and cancellation of such Interest Payment (or relevant part thereof) by reason of it not being due in accordance with the provisions described under "Solvency Condition" below;

(ii) the cancellation of such Interest Payment (or relevant part thereof) in accordance with the provisions described under "Restrictions on Interest Payments" below;

(iii) the cancellation of such Interest Payment (or relevant part thereof) in accordance with Condition 7(c); or, as appropriate;

(iv) the Issuer's exercise of its discretion otherwise to cancel such Interest Payment (or relevant part thereof) as described under "Interest Payments Discretionary" below,

and, accordingly, such interest shall not in any such case be due and payable.

Interest Payments Discretionary

Interest on the Securities is due and payable only at the sole and absolute discretion of the Issuer, subject to the additional restrictions set out herein. Accordingly, the Issuer may at any time elect to cancel any Interest Payment (or part thereof) which would otherwise be payable on any Interest Payment Date.

Restrictions on Interest Payments

The Issuer shall cancel any Interest Payment (or, as appropriate, part thereof) on the Securities in respect of any Interest Payment Date to the extent that the Issuer has an amount of Distributable Items on such Interest Payment Date that is less than the sum of (i) all payments (other than redemption payments which do not reduce Distributable Items) made or declared by the Issuer since the end of the last financial year of the Issuer and prior to such Interest Payment Date on or in respect of any Parity Securities, the Securities and any Junior Securities and (ii) all payments (other than redemption payments which do not reduce Distributable Items) payable by the Issuer (and not cancelled or deemed cancelled) on such Interest Payment Date (x) on the Securities (including any Additional Amounts which would be payable by the Issuer in respect of the Interest Payment payable on such Interest Payment Date if such Interest Payment were not cancelled or deemed cancelled) and (y) on or in respect of any Parity Securities or any Junior Securities, in the case of each of (i) and (ii), excluding any payments already accounted for in determining the Distributable Items of the Issuer.

Issuer Call

Subject to Conditions 4(a), 8(b) and 8(f), the Issuer may, by giving not less than 30 nor more than 60 days' notice to the Securityholders in accordance with Condition 17, the Trustee, the Registrar and the Principal Paying and Conversion Agent, which notice shall, save as provided in Conditions 4(a), 8(b) and 8(f), be irrevocable, elect to redeem all, but not some only, of the Securities then outstanding:

(i) on any day falling in the period commencing on (and including) 8 June 2033 and ending on (and including) the First Reset Date; or

(ii) on any Reset Date thereafter,

in each case, at their principal amount, together with any Accrued Interest. Upon the expiry of such notice, in the case of Condition 8(c)(i), or upon the relevant Reset Date, in the case of Condition 8(c)(ii), the Issuer shall, subject to Conditions 4(a), 8(b) and 8(f), redeem the Securities as aforesaid.

First Reset Date" means 8 December 2033

Additional Note

Early Redemption due to a Capital Disqualification Event

If at any time a Capital Disqualification Event has occurred, then the Issuer may, subject to Conditions 4(a), 8(b) and 8(f) and having given not less than 30 nor more than 60 days' notice to the Securityholders in accordance with Condition 17, the Trustee, the Principal Paying and Conversion Agent and the Registrar (which notice shall, subject as provided in Conditions 4(a), 8(b) and 8(f), be irrevocable), redeem in accordance with these Conditions at any time all, but not some only, of the Securities at their principal amount, together with any Accrued Interest. Upon the expiry of such notice, the Issuer shall, subject to Conditions 4(a), 8(b) and 8(f), redeem the Securities as aforesaid.

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Coupon Dates	Coupon Receive	Principal Amount	Cash Flow

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