Company: BCS
Filing Date: 2025-02-19
Form Type: 424B2
Source: 0001193125-25-029335
Chunk: 30

Company: BARCLAYS PLC
Filing Date: 2025-02-19
Form: 424B2
Chunk 30
---
 interest that will be payable on the 20   notes during each 20     Notes Floating Rate Interest Period will be determined by reference to a rate per annum               
 equal to the Benchmark Replacement plus the 20     Notes Margin, the amount of interest that will be payable on the 20     floating rate notes will be determined by reference to a rate per annum equal           
 to the Benchmark Replacement plus the 20     Floating Rate Notes Margin and the amount of interest that will be payable on the 20     floating rate notes will be determined by reference to a rate per            
 annum equal to the Benchmark Replacement plus the 20     Floating Rate Notes Margin.                                                                                                                               |

| “designee” means an affiliate or any other agent of the Issuer. |

| “NY Federal Reserve’s Website” means the website of the Federal Reserve Bank of New York at http://www.newyorkfed.org (or any successor website). |

| “Reference Time” means (1) if the Benchmark is Compounded Daily SOFR, for each USGS Business Day, 3:00 p.m. (New York time) on the next succeeding USGS Business Day, and (2) if the Benchmark is not 
 Compounded Daily SOFR, the time determined by us or our designee (in consultation with us) in accordance with the Benchmark Replacement Conforming Changes.                                           |

| Benchmark Transition Provisions | If we or our designee (in consultation with us) determine that a Benchmark Transition Event and related Benchmark Replacement Date have occurred prior 
 to the applicable Reference Time in respect                                                                                                            |

S-16

| of any determination of the Benchmark on any date, the applicable Benchmark Replacement will replace the then-current Benchmark for all purposes relating to the 20                                                                                      
 notes during the 20     Notes Floating Rate Period, the 20     notes during the 20   Notes Floating Rate Period, the 20     notes during the 20   Notes                                                                                                  
 Floating Rate Period and/or the floating rate notes, as applicable, in respect of such determination on such date and all determinations on all subsequent dates; provided that, if we or our designee (in consultation with us) are unable