Company: LLOBF
Filing Date: 2025-06-10
Form Type: 424B2
Source: 0000950103-25-007181
Chunk: 105

Company: Lloyds Banking Group plc
Filing Date: 2025-06-10
Form: 424B2
Chunk 105
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 offer, which we also refer to collectively
as the “securities”. Each time we sell securities, a prospectus supplement that contains specific information about the terms
of that offering will be provided. The prospectus supplement will provide information regarding certain tax consequences of the purchase,
ownership and disposition of the offered securities. The prospectus supplement may also add to, update or change information contained
in this prospectus. If there is any inconsistency between the information in this prospectus and any prospectus supplement, you should
rely on the information in that prospectus supplement. Each prospectus supplement will be filed with the SEC. You should read both this
prospectus and the applicable prospectus supplement, together with the additional information described under the headings “Where
You Can Find More Information” and “Incorporation of Documents by Reference”, before purchasing any securities.

The registration statement containing this prospectus,
including exhibits to the registration statement, provides additional information about Lloyds Banking Group plc and the securities offered
under this prospectus. The registration statement can be read at the SEC’s offices or obtained from the SEC’s website mentioned
under the heading “Where You Can Find More Information”.

Certain Terms

In this prospectus, the terms “the Company”
and “LBG” refer to Lloyds Banking Group plc; the term “Group” means Lloyds Banking Group plc, together with its
subsidiaries and associated undertakings from time to time; the terms “we”, “our” and “us” refer to
Lloyds Banking Group plc as issuer of the relevant securities.

LBG publishes its consolidated financial statements
in pounds sterling (“£” or “sterling”), the lawful currency of the United Kingdom. In this prospectus and
any prospectus supplement, references to “dollars” and “$” are to United States dollars.

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USE OF PROCEEDS</div>

Unless a specific plan in the accompanying prospectus
supplement is disclosed, the net proceeds from the sale of the securities offered by this prospectus will be used for the general corporate
purposes of the Group. The Group has raised capital, Minimum Required Eligible Liabilities (“MREL”) and funding in various
markets from time to time and we expect to continue to raise capital, MREL and funding in appropriate markets as and when required.

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LLOYDS BANKING GROUP PLC</div>

Lloyds Banking Group plc was incorporated