Company: BCS
Filing Date: 2025-02-21
Form Type: 424B2
Source: 0001193125-25-031790
Chunk: 41

Company: BARCLAYS PLC
Filing Date: 2025-02-21
Form: 424B2
Chunk 41
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 is unlikely that such compensation would be equivalent to the full losses incurred by the holders of notes in the resolution
and there can be no assurance that holders would recover such compensation promptly.

Mandatory write-down and conversion of internal eligible liabilities.

The Banking Act currently grants the power to the Relevant U.K. Resolution Authority to cancel, transfer or dilute common
equity tier 1 instruments, permanently write-down or convert into equity, additional tier 1 capital instruments, tier 2 capital instruments and internal eligible liabilities at the point of non-viability of
the relevant entity and before, or together with, the exercise of any resolution powers conferred by the SRR (except in the case where the bail-in tool is to be utilized for other liabilities, in which case
such capital instruments or internal eligible liabilities would be written down or converted into equity pursuant to the exercise of the bail-in tool rather than the mandatory write-down and conversion power).

See “—The Issuer is a holding company, which means that its right to participate in the assets of any of its subsidiaries (including those of BBPLC, BBUKPLC, Barclays Execution Services Limited or any other present or future subsidiary) upon the liquidation of such subsidiaries and the extent to which the Issuer suffers losses if it or any of its subsidiaries are subject to bank resolution proceedings, may depend, amongst other things, upon the degree to which the Issuer’s loans to, and investments in, such subsidiaries are subordinated.” for a description of the risks relating to and arising
from the Issuer’s rights to participate in the assets of its subsidiaries and the effect of the exercise of such mandatory write-down and conversion power in respect of such subsidiaries.

For a description of the relevant underlying regulatory background, including the bail-in tool and the
mandatory write-down and conversion power, see “Risk review—Supervision and regulation” on pages 308-320 of the 2024 Form 20-F.

Under the terms of the relevant series of notes, you have agreed to be bound by the exercise of any U.K. Bail-inPower by the Relevant U.K. Resolution Authority.

Notwithstanding and to the exclusion of any other term of the relevant series of
notes or any other agreements, arrangements or understandings between the Issuer and any holder or beneficial owner of notes or the Trustee on behalf of the holders of the notes, by acquiring any notes, each holder and beneficial owner of notes
acknowledges, accepts, agrees to be bound by, and consents