Company: BCS
Filing Date: 2025-08-04
Form Type: 424B2
Source: 0001193125-25-172249
Chunk: 47

Company: BARCLAYS PLC
Filing Date: 2025-08-04
Form: 424B2
Chunk 47
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 the first 20 Notes Floating Rate Period Interest Payment Date, the 20 Notes Fixed Interest Rate and (iii) in the case of the Interest Determination Date prior to the first Floating
Rate Notes Interest Payment Date, the initial rate of interest which would have been applicable to the floating rate notes for the first Floating Rate Notes Interest Period had the floating rate notes been outstanding for a period equal in duration
to the scheduled first Floating Rate Notes Interest Period but ending on (and excluding) the Issue Date (and applying the Floating Rate Notes Margin), as applicable.

“Benchmark Replacement” means the first alternative set forth in the order below that can be determined by us or our designee (in
consultation with us) as of the Benchmark Replacement Date:

(1) the sum of: (a) the alternate rate of interest that has been
selected or recommended by the Relevant Governmental Body as the replacement for the then-current Benchmark for the applicable Corresponding Tenor (if any) and (b) the Benchmark Replacement Adjustment; (2) the sum of: (a) the ISDA
Fallback Rate and (b) the Benchmark Replacement Adjustment; and (3) the sum of: (a) the alternate rate of interest that has been selected by us or our designee (in consultation with us) as the replacement for the then-current
Benchmark for the applicable Corresponding Tenor giving due consideration to any industry-accepted rate of interest as a replacement for the then-current Benchmark for U.S. dollar-denominated floating rate notes at such time and (b) the
Benchmark Replacement Adjustment.

In connection with the implementation of a Benchmark Replacement, we or our designee (in consultation
with us) will have the right to make changes to:

(1) any Interest Determination Date, Floating Rate Period Interest Payment Date,
Reference Time, business day convention or Floating Rate Interest Period, (2) the manner, timing and frequency of determining the rate and amounts of interest that are payable on the 20 notes during the 20 Notes
Floating Rate Period, on the 20 notes during the 20 Notes Floating Rate Period or on the floating rate notes, as the case may be, and the conventions relating to such determination and calculations with respect to
interest, (3) rounding conventions, (4) tenors, and (5) any other terms or provisions of the 20 notes during the 20 Notes Floating Rate Period, the 20 notes during the 20 Notes
Floating Rate Period or the floating rate notes, as