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

Company: BARCLAYS PLC
Filing Date: 2025-08-04
Form: 424B2
Chunk 25
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 judicial or administrative process or otherwise.

The Relevant U.K. Resolution Authority may exercise the bail-intool in respect of the Issuer and the notes, which may result in holders of notes losing some or all of their investment.

Where the relevant statutory conditions for use of the bail-in tool have been met, the Relevant U.K.
Resolution Authority would be expected to exercise these powers without the consent of the holders. The Banking Act specifies the order in which the bail-in tool should be applied, reflecting the hierarchy of
capital instruments under applicable U.K. legislation and rules and otherwise respecting the hierarchy of claims in an ordinary insolvency. Any such exercise of the bail-in tool in respect of the Issuer and
the notes may result in the cancellation of all, or a portion, of the principal amount of, interest on, or any other amounts payable on, any notes and/or the conversion of any notes into shares or other notes or other obligations of the Issuer or
another person, or any other modification or variation to the terms of any notes.

S-29

The exercise of the bail-in tool in respect of the
Issuer and the notes or any suggestion of any such exercise could materially adversely affect the rights of the holders of notes, the price or value of their investment in such notes and/or the ability of the Issuer to satisfy its obligations under
the notes and could lead to holders of notes losing some or all of the value of their investment in such notes. The bail-in tool contains an express safeguard (known as “no creditor worse off”) with
the aim that shareholders and creditors do not receive a less favorable treatment than they would have received in ordinary insolvency proceedings. However, even in circumstances where a claim for compensation is established under the “no
creditor worse off” safeguard in accordance with a valuation performed after the resolution action has been taken, it is unlikely that such compensation would be equivalent to the full losses incurred by the holders of notes in the resolution
and there can be no assurance that holders would recover such compensation promptly.

Mandatory write-down and conversion of internal eligible liabilities.

The Banking Act currently grants the power to the Relevant U.K. Resolution Authority to cancel, transfer or dilute common
equity tier 1 instruments, permanently write-down or convert into equity, additional tier 1 capital instruments, tier 2 capital instruments and internal eligible liabilities at the point of non-viability of
the relevant entity and before, or together with, the exercise of any resolution powers conferred by the SRR (except