Company: LLOBF
Filing Date: 2025-02-25
Form Type: 424B2
Source: 0000950103-25-002401
Chunk: 235

Company: Lloyds Banking Group plc
Filing Date: 2025-02-25
Form: 424B2
Chunk 235
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 and counterparty credit quality; fluctuations in interest rates, inflation,
exchange rates, stock markets and currencies; volatility in credit markets; volatility in the price of our securities; any impact of the
transition from IBORs to alternative reference rates; the ability to access sufficient sources of capital, liquidity and funding when
required; changes to LBG’s credit ratings; the ability to derive cost savings and other benefits including, but without limitation,
as a result of any acquisitions, disposals and other strategic transactions; inability to capture accurately the expected value from acquisitions;
potential changes in dividend policy; the ability to achieve strategic objectives; insurance risks; management and monitoring of conduct
risk; exposure to counterparty risk; credit rating risk; tightening of monetary policy in jurisdictions in which LBG operates; instability
in the global financial markets, including within the Eurozone, and as a result of ongoing uncertainty following the exit by the U.K.
from the European Union (“EU”) and the effects of the EU/U.K. Trade and Cooperation Agreement; political instability including
as a result of any U.K. general election and any further possible referendum on Scottish independence; operational risks; conduct risk;
technological changes and risks to the security of IT and operational infrastructure, systems, data and information resulting from increased
threat of cyber and other attacks; natural pandemic (including but not limited to the COVID-19 pandemic) and other disasters; inadequate
or failed internal or external processes or systems; acts of hostility or terrorism and responses to those acts, or other such events;
geopolitical unpredictability; the war between Russia and Ukraine; risks relating to sustainability and climate change (and achieving
climate change ambitions), including LBG’s ability along with the government and other stakeholders to measure, manage and mitigate
the impacts of climate change effectively; changes in laws, regulations, practices and accounting standards or taxation; changes to regulatory
capital or liquidity requirements and similar contingencies; assessment related to resolution planning requirements; the policies and
actions of governmental or regulatory authorities or courts together with any resulting impact on the future structure of LBG; failure
to comply with anti-money laundering, counter terrorist financing, anti-bribery and sanctions regulations; failure to prevent or detect
any illegal or improper activities; projected employee numbers and key person risk; increased labor costs; assumptions and estimates that
form the basis of our financial statements; the impact of competitive conditions; and exposure to legal, regulatory or competition proceedings,
investigations or complaints. A number of these influences and factors are