Company: BCS
Filing Date: 2025-02-21
Form Type: 424B2
Source: 0001193125-25-031790
Chunk: 18

Company: BARCLAYS PLC
Filing Date: 2025-02-21
Form: 424B2
Chunk 18
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” means any day except for a Saturday, Sunday or a day on which the Securities Industry and Financial Markets Association or any successor thereto (“SIFMA”) recommends that the 
 fixed income departments of its members be closed for the entire day for purposes of trading in U.S. government securities.                                                                        |

| Notwithstanding clauses (1) and (2) of the definition of “SOFR” above, if we or our designee (in consultation                                                                                                                                
 with us) determine on or prior to the relevant Interest Determination Date that a Benchmark Transition Event and related Benchmark Replacement Date have occurred with respect to SOFR, then the “Benchmark Transition Provisions” set forth 
 below will thereafter apply to all determinations of the rate of interest payable on the 2029 notes during the 2029                                                                                                                          |

S-12

| Notes Floating Rate Period, on the 2031 notes during the 2031 Notes Floating Rate Period and/or on the 2036 notes during the 2036 Notes Floating Rate Period, as applicable. |

| In accordance with and subject to the Benchmark Transition Provisions, after a Benchmark Transition Event and related Benchmark Replacement Date have occurred, the amount of interest that will be payable on the 2029                                 
 notes during each 2029 Notes Floating Rate Interest Period will be determined by reference to a rate per annum equal to the Benchmark Replacement plus the 2029 Notes Margin, the amount of interest that will be payable on the 2031 notes during each 
 2031 Notes Floating Rate Interest Period will be determined by reference to a rate per annum equal to the Benchmark Replacement plus the 2031 Notes Margin and the amount of interest that will be payable on the 2036 notes during each 2036 Notes     
 Floating Rate Interest Period will be determined by reference to a rate per annum equal to the Benchmark Replacement plus the 2036 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