Company: BCS
Filing Date: 2025-02-19
Form Type: 424B2
Source: 0001193125-25-029335
Chunk: 34

Company: BARCLAYS PLC
Filing Date: 2025-02-19
Form: 424B2
Chunk 34
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 of any portion of such market practice is not administratively feasible or determine that no market practice for use of the Benchmark Replacement exists, in such other manner as we or our designee (in 
 consultation with us) determine is appropriate (acting in good faith)) (the “Benchmark Replacement Conforming Changes”).                                                                                                                                  |

| Any Benchmark Replacement Conforming Changes will apply to the notes for all future Floating Rate Interest Periods. |

| Benchmark Transition Event | “Benchmark Transition Event” means the occurrence of one or more of the following events with respect to the then-current Benchmark: |

| (1) a public statement or publication of information by or on behalf of the administrator of the Benchmark announcing that such administrator has ceased or will cease to provide the Benchmark, permanently or 
 indefinitely, provided that, at the time of such statement or publication, there is no successor administrator that will continue to provide the Benchmark;                                                     |

S-19

| (2) a public statement or publication of information by the regulatory supervisor for the administrator of the Benchmark, the central bank for the currency of the Benchmark, an insolvency official with jurisdiction over                               
 the administrator for the Benchmark, a resolution authority with jurisdiction over the administrator for the Benchmark or a court or an entity with similar insolvency or resolution authority over the administrator for the Benchmark, which states     
 that the administrator of the Benchmark has ceased or will cease to provide the Benchmark permanently or indefinitely, provided that, at the time of such statement or publication, there is no successor administrator that will continue to provide the 
 Benchmark; or                                                                                                                                                                                                                                             |

| (3) a public statement or publication of information by the regulatory supervisor for the administrator of the Benchmark announcing that the Benchmark is no longer representative. |

| Benchmark Replacement Date | “Benchmark Replacement Date” means the earliest to occur of the following events with respect to the then-current Benchmark: |

| (1) in the case of clause (1) or (2) of the definition of “Benchmark Transition Event,” the later of (a) the date of the public statement or publication of information referenced therein and 
 (b) the date on which the administrator of the Benchmark permanently or indefinitely ceases to provide the Benchmark; or                                                                       |

| (2) in the case of clause (3) of the definition of “Benchmark Transition Event,” the date of the public statement or publication of information referenced therein. |

| For the avoidance of doubt, if the event giving rise to the Benchmark Replacement Date occurs on the same day as, but earlier than, the Reference Time