Company: LLOBF
Filing Date: 2025-06-06
Form Type: F-3ASR
Source: 0000950103-25-007096
Chunk: 91

Company: Lloyds Banking Group plc
Filing Date: 2025-06-06
Form: F-3ASR
Chunk 91
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 the offered securities shall not at the time of delivery be prohibited under the laws of the jurisdiction to which
such purchaser is subject. The underwriters and such other agents will not have any responsibility in respect of the validity or performance
of such contracts.

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LEGAL OPINIONS</div>

Our United States counsel, Davis Polk & Wardwell
London LLP, will pass upon certain legal matters relating to the securities under U.S. federal securities laws and New York law. Our English
counsel, Clifford Chance LLP, will pass upon certain matters under English law of the debt securities issued by Lloyds Bank.

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EXPERTS</div>

The consolidated financial statements of
Lloyds Bank plc as at December 31, 2024 and 2023 and for each of the three years in the period ended December 31, 2024, incorporated
by reference in this prospectus by reference to Lloyds Bank plc’s Annual Report on Form 20-F for the year ended December 31,
2024 have been audited by Deloitte LLP, an independent registered public accounting firm, as stated in their report. Such
consolidated financial statements are incorporated by reference in reliance upon the reports of such firm, given their authority as
experts in accounting and auditing.

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ENFORCEMENT OF CIVIL LIABILITIES</div>

Lloyds Bank is a public limited company incorporated
under the laws of England. Most of Lloyds Bank’s directors and executive officers, and certain of the experts named herein are residents
of the United Kingdom. A substantial portion of the assets of Lloyds Bank, its subsidiaries and such persons are located outside the United
States. As a result, it may not be possible for investors to effect service of process within the United States upon all such persons
to enforce against them in U.S. courts judgments obtained in such courts, including those predicated upon the civil liability provisions
of the federal securities laws of the United States. Furthermore, Lloyds Bank has been advised by its solicitors that there is doubt as
to the enforceability in England & Wales and Scotland, in original actions or in actions for enforcement of judgments of U.S. courts,
of certain civil liabilities, including those predicated solely upon the federal securities laws of the United States.

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WHERE YOU CAN FIND MORE INFORMATION</div>

Ongoing Reporting

Lloy