Company: LLOBF
Filing Date: 2025-06-11
Form Type: 424B2
Source: 0000950103-25-007252
Chunk: 10

Company: Lloyds Banking Group plc
Filing Date: 2025-06-11
Form: 424B2
Chunk 10
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 provisions of the Financial Services and Markets Act 2000, as amended (the “FSMA”) and any rules
or regulations made under the FSMA to implement the Insurance Distribution Directive, where that customer would not qualify as a professional
client, as defined in point (8) of Article 2(1) of Regulation (EU) No 600/2014 as it forms part of domestic law by virtue of the EUWA.
Consequently, no key information document required by Regulation (EU) No 1286/2014 as it forms part of domestic law by virtue of the EUWA
(the “U.K. PRIIPs Regulation”) for offering or selling the Notes or otherwise making them available to retail investors in
the U.K. has been prepared and therefore offering or selling the Notes or otherwise making them available to any retail investor in the
U.K. may be unlawful under the U.K. PRIIPs Regulation.

Prohibition of sales to Swiss retail investors – The Notes are not intended to be offered, sold or otherwise made available to and should not be offered, sold
or otherwise made available to any retail investors in Switzerland. For these purposes, a retail investor means a person who is a
retail client as defined in Article 4 of the Swiss Financial Services Act (“FinSA”). Consequently, no key information
document required by the EU PRIIPs Regulation (or any equivalent under the FinSA) has been or will be prepared in relation to any
Notes and therefore, any Notes with a derivative character within the meaning of article 86(2) of the Swiss Financial Services
Ordinance may not be offered or recommended to private clients within the meaning of the FinSA in Switzerland.

Singapore Securities and Futures Act Product Classification – Solely for the purposes of our obligations pursuant to Sections 309B(1)(a) and 309B(1)(c) of the Securities
and Futures Act 2001 of Singapore, as modified or amended from time to time (the “SFA”), we have determined, and hereby notify
all relevant persons (as defined in Section 309A(1) of the SFA) that the Notes are “prescribed capital markets products” (as
defined in the Securities and Futures (Capital Markets Products) Regulations 2018 of Singapore) and “Excluded Investment Products”
(as defined in MAS Notice SFA 04-N12: Notice on the Sale of Investment Products and MAS Notice FAA-N16: Notice on Recommendations on Investment
Products).