Company: BCS
Filing Date: 2025-02-21
Form Type: 424B2
Source: 0001193125-25-031790
Chunk: 33

Company: BARCLAYS PLC
Filing Date: 2025-02-21
Form: 424B2
Chunk 33
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 Par Redemption Date on the terms described below under “Description of Senior Notes—Optional Redemption.”

We may also, at our option, redeem (i) the 2036 notes pursuant to the 2036 Notes
Make-Whole Redemption, in whole or in part, at any time on or after August 25, 2025 (six months following the Issue Date and, if any additional 2036 notes are issued after the Issue Date, except for the period of six months beginning on the issue
date for any such additional 2036 notes) to (but excluding) the 2036 Notes Par Redemption Date; and/or (ii) the 2036 notes then outstanding, in whole but not in part, on the 2036 Notes Par Redemption Date on the terms described below under
“Description of Senior Notes—Optional Redemption.”

We may also, at our option, at any time, redeem any series of
the notes upon the occurrence of certain events related to taxation on the terms described below under “Description of Senior Notes—Tax Redemption.”

S-25

We may also redeem any series of the notes upon the occurrence of certain regulatory events relating to certain minimum requirements for own funds and eligible liabilities and/or loss absorbing
capacity instruments on the terms described below under “Description of Senior Notes—Loss Absorption Disqualification Event Redemption.”

We may choose to redeem any notes at times when prevailing interest rates may be relatively low or in other circumstances favorable to us. In
such circumstances an investor may not be able to reinvest the redemption proceeds in a comparable security at an effective interest rate as high as that of the relevant notes. In addition, any early redemption of any notes is subject to, among
other conditions, receipt of the prior consent of the Relevant U.K. Resolution Authority (if such consent is then required by the Capital Regulations), as further described under “Description of Debt Securities—Condition to Redemption of Debt Securities—Senior Debt Securities” and “Description of Debt Securities—Additional Conditions Relating to Redemption and Repurchase of Debt Securities—Senior Debt Securities” in the
accompanying prospectus, regardless of whether such redemption would be favorable or unfavorable to you. Furthermore, you will not have the right to require us to redeem any notes and you should not invest in notes in the expectation that we would
exercise our option to redeem such notes. Any decision by us as to whether we will exercise our option to redeem any notes will be taken at our absolute discretion with regard to factors such as, but not limited to