Company: BCS
Filing Date: 2025-02-20
Form Type: 424B2
Source: 0001193125-25-030302
Chunk: 41

Company: BARCLAYS PLC
Filing Date: 2025-02-20
Form: 424B2
Chunk 41
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 notice of any deemed cancellation of interest (in whole or in part) to the
holders of the Securities through DTC. If practicable, we shall endeavor to provide such notice at least five (5) Business Days prior to the relevant Interest Payment Date. However, failure to provide such notice will not have any impact on the
effectiveness of, or otherwise invalidate, any such cancellation of interest, or give holders of the Securities any rights as a result of such failure.

The Capital Regulations impose capital and regulatory requirements that will restrict the Issuer’s ability to make discretionary distributions in certain circumstances, in which case the Issuer may reduce or cancel interest payments on the Securities. In addition, the PRA has broad powers to impose prudential requirements on the Issuer which may include requiring the Issuer to limit or cancel interest on the Securities.

The capital and regulatory framework to which the Group is subject imposes certain requirements for
the Group to hold sufficient levels of capital, including CET1 capital, leverage and additional loss absorbing capacity (including the minimum requirement for own funds and eligible liabilities (“MREL”) and total loss absorbing capacity
(“TLAC”)). A failure to comply with such requirements, as the same may be amended from time to time, may result in restrictions on the Issuer’s ability to make discretionary distributions (including on the Securities) in certain
circumstances.

In addition, amendments could be made to such framework, to impose general restrictions or prohibitions in relation to
discretionary distributions (including in respect of additional tier 1 instruments, such as the Securities) in certain circumstances.

Combined buffer requirement

Pursuant to the Capital Regulations, the Group is subject to capital buffer requirements that are additional to the Pillar
1 “own funds” requirement and are required to be met with CET1 capital. These capital buffers, as currently applicable to the Issuer on a consolidated basis (in respect of the Group), which make up the “combined buffer”, are:
(i) the capital conservation buffer, (ii) the institution-specific counter-cyclical capital buffer (“CCyB”) and (iii) the global systemically important institutions
(“G-SIIs”) buffer. Please see the section entitled “Risk review—Supervision and regulation” on pages 308-320 of the 2024 Form 20-F for further information. In addition, CCyBs as determined by other national authorities in relation to the Group’s exposures in their jurisdictions started to apply from 2016 and have