Company: BCS
Filing Date: 2025-02-21
Form Type: 424B2
Source: 0001193125-25-031790
Chunk: 26

Company: BARCLAYS PLC
Filing Date: 2025-02-21
Form: 424B2
Chunk 26
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 at our option, at any time, redeem the notes of such series, in whole of such series but not in part of such series, at an amount equal to 100% of the principal 
 amount of the notes being redeemed together with accrued but unpaid interest, if any, on the principal amount of the notes to be redeemed to (but excluding) the date fixed for redemption.                                                              |

S-19

| “Loss Absorption Disqualification Event” means, in respect of any series of notes, the whole or any part of the outstanding aggregate principal amount of such series of notes at any time being excluded from or                                        
 ceasing to count towards the Issuer’s and/or the Group’s own funds and eligible liabilities and/or loss absorbing capacity, in each case for the purposes of, and in accordance with, the relevant Capital Regulations, provided that a Loss             
 Absorption Disqualification Event shall not occur if such whole or part of the outstanding principal amount of such series of notes is excluded from, or ceases to count towards, such own funds and eligible liabilities and/or loss absorbing capacity 
 due to the remaining maturity of such series of notes being less than the period prescribed by the relevant Capital Regulations.                                                                                                                         |

| “Loss Absorption Regulations Event” means that (i) any Capital Regulations become effective with respect to the Issuer and/or the Group or (ii) there is an amendment to, or change in, any Capital 
 Regulation, or any change in the official application of any Capital Regulation, which becomes effective with respect to the Issuer and/or the Group.                                               |

| Any redemption of notes upon the occurrence of a Loss Absorption Disqualification Event will also be subject to the provisions described under “Description of Senior Notes—Notice of Redemption” and 
 “Description of Senior Notes—Condition to Redemption” below.                                                                                                                                          |

| Agreement with Respect to the Exercise of U.K. Bail-in Power | Notwithstanding and to the exclusion of any other term of the relevant series of notes or any other agreements, arrangements or understandings between us 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 to the exercise of, any U.K. Bail-in Power by the Relevant U.K. Resolution                                                                                                                                                                                                                     
 Authority that may result in (i) the reduction or cancellation of all, or a portion, of the principal amount of, or interest