Company: BCS
Filing Date: 2025-02-21
Form Type: 424B2
Source: 0001193125-25-031790
Chunk: 60

Company: BARCLAYS PLC
Filing Date: 2025-02-21
Form: 424B2
Chunk 60
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 Interest Period, 2031 Notes Floating Rate Interest Period and 2036 Notes Floating Rate Interest Period, a “Floating Rate Interest
Period”); provided that the first 2036 Notes Floating Rate Interest Period will begin on (and include) the 2036 Notes Par Redemption Date and will end on (but exclude) May 25, 2035.

Interest on the notes will be computed on the basis of a 360-day year of twelve 30-day months during each respective Fixed Rate Period and on the basis of the actual number of days in each Floating Rate Interest Period and a 360-day year during each
respective Floating Rate Period.

The regular record dates for the notes will be the close of business on the Business Day immediately
preceding each Interest Payment Date (or, if the notes are held in definitive form, the close of business on the 15th Business Day preceding each applicable Interest Payment Date).

The term “Business Day” as applicable to the notes means any weekday, other than one on which banking institutions are authorized or
obligated by law, regulation or executive order to close in London, England or in the City of New York, United States.

All percentages
resulting from any calculation in connection with any interest rate on the notes shall be rounded, if necessary, to the nearest one hundred thousandth of a percentage point, with five one-millionths of a
percentage point rounded upward (for example, 9.876545% (or 0.09876545) would be rounded to 9.87655% (or 0.0987655)), and all U.S. dollar amounts would be rounded to the nearest cent, with one-half cent being
rounded upward.

The interest rate on the notes during any Floating Rate Interest Period will in no event be higher than the maximum rate
permitted by law or lower than 0% per annum.

Calculation of the Benchmark

The “Benchmark” means, initially, Compounded Daily SOFR; provided that if a Benchmark Transition Event and related Benchmark
Replacement Date have occurred with respect to SOFR or the then-current Benchmark, then “Benchmark” means the applicable Benchmark Replacement.

S-42

“Compounded Daily SOFR” means, in relation to a Floating Rate Interest Period, the
rate of return of a daily compound interest investment (with SOFR as reference rate for the calculation of interest) during the related Observation Period and will be calculated by the Calculation Agent on the related Interest Determination Date as
follows