Company: BCS
Filing Date: 2025-08-04
Form Type: 424B2
Source: 0001193125-25-172249
Chunk: 195

Company: BARCLAYS PLC
Filing Date: 2025-08-04
Form: 424B2
Chunk 195
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 which Barclays PLC, Barclays Bank PLC, Barclays Capital Inc. or certain of their affiliates is or becomes a party in interest or disqualified person may constitute or result in prohibited transaction under ERISA or Section 4975 of the Code, unless those securities are acquired and held pursuant to an applicable statutory or administrative exemption. The U.S. Department of Labor has issued five prohibited transaction class exemptions, or “PTCEs,” that may provide exemptive relief if required for direct or indirect prohibited transactions that may arise from the purchase or holding of the securities. These exemptions are:

| (1) | PTCE 84-14, an exemption for certain transactions determined or 
 effected by independent qualified professional asset managers;  |

| (2) | PTCE 90-1, an exemption for certain transactions involving insurance 
 company pooled separate accounts;                                    |

| (3) | PTCE 91-38, an exemption for certain transactions involving bank 
 collective investment funds;                                     |

| (4) | PTCE 95-60, an exemption for transactions involving certain insurance 
 company general accounts; and                                         |

| (5) | PTCE 96-23, an exemption for plan asset transactions managed by in-house asset managers. |

In addition, ERISA Section 408(b)(17) and Section 4975(d)(20) of the Code provide an exemption for the acquisition and disposition of the securities, provided that neither Barclays PLC, Barclays Bank PLC, Barclays Capital Inc. nor any of their affiliates have or exercise any discretionary authority or control or render any investment advice with respect to the assets of any Plan involved in the transaction, and provided further that the Plan pays no more and receives no less than “adequate consideration” in connection with the transaction (the “service provider exemption”). There can be no assurance that all of the conditions of any of the above exemptions (or any other exemption) will be satisfied. -80-

Because of the foregoing, the securities should not be acquired or held by any person
investing “plan assets” of any Plan or Non-ERISA Arrangement, unless such acquisition and holding will not constitute a non-exempt prohibited transaction under
ERISA and the Code or similar violation of any applicable Similar Laws.

Any purchaser or holder of the securities or any interest in the
securities will be deemed to have represented by its purchase and holding of the securities that it either (i) is not a Plan or a Non-ERISA Arrangement and is not purchasing those securities on behalf of
or