Redemption of SGD700m Subordinated Notes

RNS announcement for release in London

Standard Chartered PLC

5 January 2021

Redemption by Standard Chartered PLC ("SCPLC") of SGD 700,000,000 Callable Fixed-to-Fixed Rate Subordinated Notes Due 2026 (ISIN: XS1020855588) (the "Notes")

SCPLC has today given notice to the holders of the Notes that it will fully redeem the outstanding Notes on 23 January 2021 (the "Redemption Date") in accordance with the terms and conditions of the Notes (the "Conditions"). The Notes will be redeemed at 100 per cent. of their principal amount together with accrued interest.

Following redemption, the Notes will be cancelled pursuant to the Conditions. Accordingly, the listing of the Notes on the Official List of the FCA and the admission of the Notes to trading on the Regulated Market of the London Stock Exchange will be cancelled on, or shortly after, 26 January 2021.

For further information please contact:

Daniel BanksManaging Director, Global Head, Debt Investor Relations1 Basinghall AvenueLondonEC2V 5DD020 7885 6329

Julie GibsonHead of Group Media Relations1 Basinghall AvenueLondonEC2V 5DD020 7885 2434

Standard Chartered PLC LEI: U4LOSYZ7YG4W3S5F2G91

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