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("Consuha de Cambio" or Exchange Rate Inquiry). Option 5 ("Cotacom pare Cotahilidade" or Rates for Accounting Purposes) at approximately 1:15 p.m.. Sao Paulo time, which appears on Reuters page "IIRER" to the right of the caption "Dollar FITAX". or any successor page. The USDISRL shall be calculated to th
ospectus supplement and prospectus, the tempts set forth below will supersede. • Any payment on the Notes is subject to the Issuer's credit risk. Key Tomo. Issuer: HSBC USA Inc. Reference Currency: Brazilian Real per one C.S. Dollar ("USDBRI") Principal Amount: $1,000 per Note. Barrier Level: -I
("Consuha de Cambio" or Exchange Rate Inquiry). Option 5 ("Cotacom pare Cotahilidade" or Rates for Accounting Purposes) at approximately 1:15 p.m.. Sao Paulo time, which appears on Reuters page "IIRER" to the right of the caption "Dollar FITAX". or any successor page. The USDISRL shall be calculated to th
ospectus supplement and prospectus, the tempts set forth below will supersede. • Any payment on the Notes is subject to the Issuer's credit risk. Key Tomo. Issuer: HSBC USA Inc. Reference Currency: Brazilian Real per one C.S. Dollar ("USDBRI") Principal Amount: $1,000 per Note. Barrier Level: -I
("Consuha de Cambio" or Exchange Rate Inquiry). Option 5 ("Cotacom pare Cotahilidade" or Rates for Accounting Purposes) at approximately 1:15 p.m.. Sao Paulo time, which appears on Reuters page "IIRER" to the right of the caption "Dollar FITAX". or any successor page. The USDISRL shall be calculated to th
ospectus supplement and prospectus, the tempts set forth below will supersede. • Any payment on the Notes is subject to the Issuer's credit risk. Key Tomo. Issuer: HSBC USA Inc. Reference Currency: Brazilian Real per one C.S. Dollar ("USDBRI") Principal Amount: $1,000 per Note. Barrier Level: -I
Entities connected to both Sao Paulo and Key Tomo

Brasil
LOCATIONBanco Central
ORGANIZATIONProspectus Supplement
ORGANIZATIONIISBC USA Inc.
ORGANIZATIONInitial Snot Rate - Final Soot Rate
ORGANIZATIONN Data System
ORGANIZATIONIIRER
ORGANIZATIONUSDISRL
ORGANIZATIONInitial Spot Rate
ORGANIZATIONCUSIRISIN
ORGANIZATIONInvestment
ORGANIZATIONBarmier
PERSON