Company: BCS
Filing Date: 2025-08-04
Form Type: 424B2
Source: 0001193125-25-172249
Chunk: 56

Company: BARCLAYS PLC
Filing Date: 2025-08-04
Form: 424B2
Chunk 56
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ii) market
makers in pricing corporate bond issues.

“Optional Redemption Reference Treasury Dealer Quotations” means, with respect to each
Optional Redemption Reference Treasury Dealer and the redemption date, the arithmetic average, as determined by the Determination Agent, of the bid and offered prices (as quoted to the Determination Agent by such Optional Redemption Reference
Treasury Dealer) for the applicable Optional Redemption Comparable Treasury Issue (expressed in each case as a percentage of its principal amount) at 11:00 a.m., New York time, on the third Business Day preceding such redemption date.

Payment at Maturity or upon Redemption

If a Maturity Date or date of redemption or repayment is not a Business Day, the payment of interest and principal and/or any amount payable
upon redemption or repayment of the notes will be made on the next succeeding Business Day, but interest on that payment will not accrue during the period from and after the Maturity Date or date of redemption or repayment. If the notes are
redeemed, unless we default on payment of the redemption price, interest will cease to accrue on the redemption date on the notes called for redemption.

S-49

Ranking The notes will constitute our direct, unconditional, unsecured and unsubordinated obligations ranking pari passuwithout any preference among themselves. In the event of our winding-upor administration, the notes will rank pari passuwith all our other outstanding unsecured and unsubordinated obligations, present and future, except such obligations as are preferred by operation of law. Pursuant to the Insolvency Act, the notes will constitute ordinary non-preferentialdebt of the Issuer and will rank in priority to secondary non-preferentialdebts and tertiary non-preferentialdebts. The terms “ordinary non-preferentialdebt,” “secondary-nonpreferential debt” and “tertiary non-preferentialdebt” shall have the meanings given to each of them in the Insolvency Act. In addition, see “ Risk Factors—The Issuer is a holding company, which means that its right to participate in the assets of any of its subsidiaries (including those of BBPLC, BBUKPLC, Barclays Execution Services Limited or any other present or future subsidiary) upon the liquidation of such subsidiaries and the extent to which the Issuer suffers losses if it or any of its subsidiaries are subject to bank resolution proceedings, may depend, amongst other things, upon the degree to which the Issuer’s loans to, and investments in, such subsidiaries are