Company: LLOBF
Filing Date: 2025-10-29
Form Type: 424B2
Source: 0000950103-25-013799
Chunk: 144

Company: Lloyds Banking Group plc
Filing Date: 2025-10-29
Form: 424B2
Chunk 144
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 monitor economic and market conditions
and government policies and actions. However, because it is difficult to predict with accuracy any changes in economic or market conditions
or in governmental policies and actions, it is difficult for us to anticipate the effects that such changes could have on our financial
performance and business operations.

<div align='center'>47</div>

The forward-looking statements made in this prospectus speak only as
of the date of this prospectus. We do not intend to publicly update or revise these forward-looking statements to reflect events or circumstances
after the date of this prospectus, and we do not assume any responsibility to do so. You should, however, consult any further disclosures
of a forward-looking nature we made in other documents filed with the SEC that are incorporated by reference into this prospectus. This
discussion is provided as permitted by the Private Securities Litigation Reform Act of 1995.

<div align='center'>48

Lloyds Banking Group plc

$1,500,000,000 4.425% Senior Callable Fixed-to-Fixed
Rate Notes due 2031

$1,250,000,000 4.943% Senior Callable Fixed-to-Fixed
Rate Notes due 2036

$300,000,000 Senior Callable Floating Rate
Notes due 2031

PROSPECTUS SUPPLEMENT

(to prospectus dated June 6, 2025)

Joint Bookrunning Managers for the Senior Notes</div>

| Barclays   | J.P. Morgan             | Lloyds Securities      |
| Scotiabank | Standard Chartered Bank | Wells Fargo Securities |

<div align='center'>Co-Managers for the Senior Notes</div>

| Academy Securities | Blaylock Van, LLC | CIBC Capital Markets |