Company: BCS
Filing Date: 2025-02-20
Form Type: 424B2
Source: 0001193125-25-030302
Chunk: 43

Company: BARCLAYS PLC
Filing Date: 2025-02-20
Form: 424B2
Chunk 43
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, (iii) its
6% Pillar 1 Tier 1 requirement and its Pillar 2A Tier 1 requirement, (iv) its 8% Pillar 1 total capital requirement and its Pillar 2A total capital requirement, and (v) its Pillar 1 and Pillar 2A MRELrequirements,
including, in the case of G-SIIs (such as the Group), its risk- based ratio and non-risk based ratio. See also the last paragraph under “Interest on the Securities will be due and payable only at the sole and absolute discretion of the Issuer, and we may cancel interest payments (in whole or in part) at any time. Cancelled interest shall not be due and shall not accumulate or be payable at any time thereafter and you shall have no rights thereto” above.

Furthermore, national supervisors may require
additional capital to be held by a firm to cover its idiosyncratic risks which the supervisor assesses are not fully captured by the Pillar 1 “own funds” requirement. This additional capital requirement, referred to as “Pillar
2A,” derives from our individual capital guidance, which is a point in time and confidential assessment that, in respect of U.K. firms, is made by the PRA, at least annually, and is expected to vary over time. The Group’s current Pillar 2A
requirement is equivalent to 4.6% of Risk Weighted Assets, of which at least 56.25% is required to be met with CET1 capital and no more than 25% may be met with tier 2 capital. In addition, the capital that firms use to meet their minimum
requirements (Pillar 1 “own funds” and “Pillar 2A”) cannot be counted towards meeting the “combined buffer,” meaning that the “combined buffer” (which is described above) will effectively be applied above both
the Pillar 1 “own funds” and “Pillar 2A” requirements.

The Group’s capital, leverage and/or MREL resources and requirements are, by their nature, calculated by reference to a number of
factors, any one of which or combination of which may not be easily observable or capable of calculation by investors. See “—The circumstances surrounding or triggering an Automatic Conversion are unpredictable, and there are a number of factors that could affect the Group’s fully loaded CET1 Ratio” and “—Future regulatory changes to