Company: BCS
Filing Date: 2025-08-06
Form Type: 424B2
Source: 0001193125-25-174548
Chunk: 40

Company: BARCLAYS PLC
Filing Date: 2025-08-06
Form: 424B2
Chunk 40
---
 Day, except that if that Business Day falls in the next succeeding calendar month, the 2029 Notes Floating Rate Period Interest Payment Date will be the immediately
preceding Business Day.

The 2046 notes will be issued in an aggregate principal amount of $1,250,000,000, and unless previously redeemed
and cancelled will mature on August 11, 2046 (the “2046 Notes Maturity Date”).

S-40

From (and including) the Issue Date to (but excluding) the 2046 Notes Par Redemption Date
(as defined below under “—Optional Redemption”) (the “2046 Notes Fixed Rate Period”, and the 2029 Notes Fixed Rate Period and the 2046 Notes Fixed Rate Period, each, a “Fixed Rate Period”), the 2046 notes
will bear interest at a rate of 5.860% per annum (the “2046 Notes Fixed Interest Rate”). During the 2046 Notes Fixed Rate Period, interest on the 2046 notes will be payable semi-annually in arrear on February 11 and August 11 in each year
(each, a “2046 Notes Fixed Rate Period Interest Payment Date”, and any 2029 Notes Fixed Rate Period Interest Payment Date and 2046 Notes Fixed Rate Period Interest Payment Date, a “Fixed Rate Period Interest Payment Date”)
commencing on February 11, 2026; provided that if any 2046 Notes Fixed Rate Period Interest Payment Date would fall on a day that is not a Business Day, we will pay interest on the next succeeding Business Day, but interest on that payment will not
accrue during the period from and after the scheduled 2046 Notes Fixed Rate Period Interest Payment Date.

From (and including) the 2046
Notes Par Redemption Date to (but excluding) the 2046 Notes Maturity Date (the “2046 Notes Floating Rate Period”, and each of the 2029 Notes Floating Rate Period and the 2046 Notes Floating Rate Period, a “Fixed-to-Floating Rate Notes Floating Rate Period”), the 2046 notes will bear interest at a floating rate equal to the Benchmark, as determined quarterly on the second USGS Business Day preceding
the applicable 2046 Notes Floating Rate Period Interest Payment Date (each, a “2046 Notes Interest Determination Date”), plus 1.83% per annum (the “2046 Notes Margin”) (the “2046 Notes Floating Interest Rate”). During
the 2046 Notes