Company: LLOBF
Filing Date: 2025-02-25
Form Type: 424B2
Source: 0000950103-25-002401
Chunk: 163

Company: Lloyds Banking Group plc
Filing Date: 2025-02-25
Form: 424B2
Chunk 163
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IN for the Additional Tier 1 Securities is XS3013997666 and
the Common Code is 301399766.

We have agreed to indemnify the several Underwriters
against certain liabilities, including liabilities under the Securities Act of 1933, as amended.

It is expected that delivery of the Additional
Tier 1 Securities will be made against payment on or about the date specified in the last paragraph of the cover page of this prospectus
supplement, which will be the third business day following the date of pricing of the Additional Tier 1 Securities (such settlement cycle
being referred to as “T+3”). Trades in the secondary market generally are required to settle in one Business Day, unless
the parties to any such trade expressly agree otherwise. Accordingly, purchasers who wish to trade Additional Tier 1 Securities prior
to the delivery of the Additional Tier 1 Securities will be required, by virtue of the fact that the Additional Tier 1 Securities initially
will settle in T+3, to specify an alternate settlement cycle at the time of any such trade to prevent a failed settlement. Purchasers
of Additional Tier 1 Securities who wish to trade Additional Tier 1 Securities prior to the delivery of the Additional Tier 1 Securities
should consult their own advisors.

Market-Making Resales by Affiliates

This prospectus supplement may be used by Lloyds
Bank Corporate Markets plc in connection with offers and sales of the Additional Tier 1 Securities in market-making transactions. In a
market-making transaction, Lloyds Bank Corporate Markets plc may resell an Additional Tier 1 Security it acquires from other holders,
after the original offering and sale of the Additional Tier 1 Security. Resales of this kind may occur in the open market or may be privately
negotiated, at prevailing market prices at the time of resale or at related or negotiated prices. In these transactions, Lloyds Bank Corporate
Markets plc may act as principal, or agent, including as agent for the counterparty in a transaction in which Lloyds Bank Corporate Markets
plc acts as principal, or as agent for both counterparties in a transaction in which Lloyds Bank Corporate Markets plc does not act as
principal. Lloyds Bank Corporate Markets plc may receive compensation in the form of discounts and commissions, including from both counterparties
in some cases. Other affiliates of LBG may also engage in transaction of this kind and may use this prospectus for this purpose.

The aggregate initial offering price specified