Company: LLOBF
Filing Date: 2025-06-06
Form Type: F-3ASR
Source: 0000950103-25-007096
Chunk: 52

Company: Lloyds Banking Group plc
Filing Date: 2025-06-06
Form: F-3ASR
Chunk 52
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 office in New York
City, keep books for the registration and transfer of ADSs. These books will be open for inspection by ADS holders at all reasonable times.
However, this inspection may not be for the purpose of communicating with ADS holders in the interest of a business or object other than
our business or a matter related to the deposit agreement or the ADSs.

Reports and Notices

We will furnish the Depositary with our annual
and interim reports as described under “Incorporation of Documents by Reference”. The Depositary will make available at its
office in New York City, for any ADS holder to inspect, any reports and communications received from us that are both received by the
Depositary as holder of ordinary shares and made generally available by us to the holders of those ordinary shares, including our annual
report and accounts and interim report and accounts. Upon our written request, the Depositary will mail copies of those reports to ADS
holders as provided in the deposit agreement.

On or before the first date on which we give notice,
by publication or otherwise, of:

| · | any meeting of holders of the ordinary shares; |

| · | any adjourned meeting of holders of the ordinary shares; or |

| · | the taking of any action in respect of any cash or other distributions or the offering of any rights in respect of the ordinary shares, |

we have agreed to transmit to the Depositary and
the Custodian a copy of the notice in the form given or to be given to holders of the ordinary shares. If requested in writing by us,
the Depositary will, at our expense, arrange for the prompt transmittal or mailing of such notices, and any other reports or communications
made generally available to holders of the ordinary shares, to all holders of ADSs.

Amendment and Termination of the Deposit Agreement

The form of the ADRs and any provisions of the
deposit agreement may at any time and from time to time be amended by agreement between us and the Depositary, without the consent of
holders of ADSs, in any respect which we and the Depositary may deem necessary or advisable. Any amendment that imposes or increases
any fees or charges, other than taxes and other governmental charges, registration fees, transmission costs, delivery costs or other
such expenses, or that otherwise prejudices any substantial existing right of holders of outstanding ADSs, will not take effect as to
outstanding ADSs until thirty (30) days after notice of the amendment has been given to the record