Company: BCS
Filing Date: 2025-02-20
Form Type: 424B2
Source: 0001193125-25-030302
Chunk: 29

Company: BARCLAYS PLC
Filing Date: 2025-02-20
Form: 424B2
Chunk 29
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 the Issuer under the laws and regulations of the U.K. and the European Union applicable to the Issuer.                        |

| Enforcement Events and Remedies | Winding-up |

| If a Winding-up Event occurs before the occurrence of a Capital Adequacy Trigger Event, subject to the provisions described below under “Description of Fixed Rate Resetting Perpetual Subordinated 
 Contingent Convertible Securities— Ranking,” the principal amount of the Securities will become immediately due and payable.                                                                        |

| 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 30 days of the making of such order, (ii) our 
 shareholders adopt an effective                                                                                                                                                                             |

S-19

| 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 14 days, the Trustee may give us written notice of such failure. If within a period of 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 “Description of Fixed Rate 
 Resetting Perpetual Subordinated Cont