Company: BCS
Filing Date: 2025-02-20
Form Type: 424B2
Source: 0001193125-25-030302
Chunk: 139

Company: BARCLAYS PLC
Filing Date: 2025-02-20
Form: 424B2
Chunk 139
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 Event, subject to “—Ranking” above, the outstanding principal amount of the Securities will become immediately due and payable.

S-86

For the avoidance of doubt, as the principal amount of the Securities will become
immediately due and payable upon a Winding-up Event that occurs before the occurrence of a Capital Adequacy Trigger Event, neither the Trustee nor the holders of the Securities are required to declare such
principal amount to be due and payable.

A “Winding-up Event” with respect to the
Securities shall result if (i) a court of competent jurisdiction in England (or such other jurisdiction in which we may be organized) makes an order for our winding-up which is not successfully appealed
within thirty (30) days of the making of such order, (ii) our shareholders adopt an effective resolution for our winding-up (other than, in the case of either (i) or (ii) above, under or in
connection with a scheme of reconstruction, merger or amalgamation not involving a bankruptcy or insolvency) or (iii) following the appointment of an administrator of the Issuer, the administrator gives notice that it intends to declare and
distribute a dividend.

Non-payment

If we fail to pay any amount that has become due and payable under the Securities and such failure continues for fourteen (14) days, the
Trustee may give us written notice of such failure. If within a period of fourteen (14) days following the provision of such notice, the failure continues and has not been cured nor waived (a
“Non-Payment Event”), the Trustee may, at its discretion and without further notice to us, institute proceedings in England (or such other jurisdiction in which we may be organized) (but not
elsewhere) for our winding-up and/or prove in our winding-up and/or claim in our liquidation or administration. For the avoidance of doubt, no interest will be due and
payable if such interest has been cancelled or is deemed cancelled (in each case, in whole or in part) as described under “—Interest Cancellation” above. Accordingly, no default in payment under the Securities will have
occurred or be deemed to have occurred in such circumstances.

Limited remedies for breach of obligations (other than non-payment)

In addition to the remedies for
non-payment provided above, the Trustee may without further notice institute such proceedings against the Issuer as the Trustee may deem fit to enforce any term, obligation or condition binding on us under the