Company: LLOBF
Filing Date: 2025-10-29
Form Type: 424B2
Source: 0000950103-25-013799
Chunk: 89

Company: Lloyds Banking Group plc
Filing Date: 2025-10-29
Form: 424B2
Chunk 89
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 or in respect of principal   
 of, or any interest or other payment on, the debt security failed to comply with a request by us or our liquidator or other authorized  
 person addressed to the holder to provide information concerning the nationality, residence or identity of the holder or the beneficial 
 owner or to make any declaration or other similar claim to satisfy any requirement, which is required or imposed by a statute, treaty,  
 regulation or administrative practice of a U.K. taxing jurisdiction as a precondition to exemption from all or part of the tax, levy,   
 impost, duty, charge or fee;                                                                                                            |

| · | the deduction or withholding is imposed by reason of any agreement with the U.S. Internal Revenue Service in connection with Sections 
 1471-1474 of the U.S. Internal Revenue Code and the U.S. Treasury regulations thereunder (“FATCA”), any intergovernmental             
 agreement between the United States and the United Kingdom or any other jurisdiction with respect to FATCA, or any law, regulation or 
 other official guidance enacted in any jurisdiction implementing, or relating to, FATCA or any intergovernmental agreement; or        |

| · | any combination of the above items, |

nor shall Additional Amounts be paid with respect
to any interest only on the debt securities to any holder who is a fiduciary or partnership or settlor with respect to such fiduciary
or a member of such partnership other than the sole beneficial owner of such payment to the extent such payment would be required by the
laws of any taxing jurisdiction to be included in the income for tax purposes of a beneficiary or partner or settlor with respect to such
fiduciary or a member of such partnership or a beneficial owner who would not have been entitled to such Additional Amounts, had it been
the holder.

Whenever we refer in this prospectus and any prospectus
supplement, in any context, to the payment of interest on, or in respect of, any debt security of any series, we mean to include the payment
of Additional Amounts to the extent that, in the context, Additional Amounts are, were or would be payable.

Redemption of Senior Debt Securities

Tax Redemption of Senior Debt Securities

Unless the relevant prospectus supplement provides
otherwise, we will have the option to redeem the senior debt securities of any series, as a whole but not in part, upon not less than
30 nor more than 60 days’ notice to each holder of senior debt securities, on any interest payment date