Company: LLOBF
Filing Date: 2025-07-24
Form Type: 6-K
Source: 0001160106-25-000034
Chunk: 60

Company: Lloyds Banking Group plc
Filing Date: 2025-07-24
Form: 6-K
Chunk 60
---

are retained on the Group’s balance sheet.

Cash deposits of £ 3,070million ( 31 December 2024 : £ 3,256million ) which support the debt securities issued by the

structured entities, the term advances related to covered bonds and other legal obligations, are held by the Group.

| Page 69 of74 |

| LLOYDS BANKING GROUP PLC | 2025HALF-YEAR RESULTS |

NOTES TO THE CONDENSED CONSOLIDATED HALF-YEAR FINANCIAL STATEMENTS (UNAUDITED) (continued) Note 14: Provisions

| Provisionsfor financialcommitmentsand guarantees£m1 |     |     | Regulatoryand legalprovisions£m |     | Other£m |     | Total£m |
| At 1 January 2025                                   | 270 |     |                           1,600 |     |     443 |     |   2,313 |
| Exchange and other adjustments                      |   1 |     |                               2 |     |      -2 |     |       1 |
| Provisions applied                                  |   – |     |                            -182 |     |    -278 |     |    -460 |
| (Credit) charge for the period                      | -49 |     |                              37 |     |     334 |     |     322 |
| At 30 June2025                                      | 222 |     |                           1,457 |     |     497 |     |   2,176 |

1 In respect of loans and advances to customers.

Regulatory and legal provisions

In the course of its business, the Group is engaged on a regular basis in discussions with UK and overseas regulators

and other governmental authorities on a range of matters, including legal and regulatory reviews and, from time to

time, enforcement investigations (including in relation to compliance with applicable laws and regulations, such as

those relating to prudential regulation, consumer protection, investment advice, employment, business conduct,

systems and controls, environmental, sustainability, competition/anti-trust, tax, anti-bribery, anti-money

laundering and sanctions). Any matters discussed or identified during such discussions and inquiries may result in,

among other things, further inquiry or investigation, other action being taken by governmental and/or regulatory

authorities, increased costs being incurred by the Group, remediation of systems and controls, public or private

censure, restriction of the Group’s business activities and/or