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Hamilton, Bermuda – 18th, October 2022 – The Board of Directors of each Company (HSBC Corporate Money Funds Limited, HSBC Managed Portfolios Limited and HSBC Specialist Funds Limited) wish to announce the resignation of Mr. Paul Dawe as a Director and the appointment of Mr. Barry Harbison as a Director with effect from 26^th May 2022. We would like to thank Mr. Paul Dawe for his significant contribution both as a Director and Chairman.

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