Company: BCS
Filing Date: 2025-02-20
Form Type: 424B2
Source: 0001193125-25-030302
Chunk: 61

Company: BARCLAYS PLC
Filing Date: 2025-02-20
Form: 424B2
Chunk 61
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 fully loaded CET1 Ratio and thus increase the risk of a Capital Adequacy Trigger Event, which will lead to an Automatic Conversion, as a result of which holders of the Securities could lose all or part of the value of their investment in the Securities.”

We currently only publicly report the Group’s
fully loaded CET1 Ratio quarterly as of the period end, and therefore during the quarterly period there is no published updating of the Group’s fully loaded CET1 Ratio and

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there may be no prior warning of adverse changes in the Group’s fully loaded CET1 Ratio. However, any indication that the Group’s fully loaded CET1 Ratio is moving towards the level of
a Capital Adequacy Trigger Event may have an adverse effect on the market price of the Securities. A decline or perceived decline in the Group’s fully loaded CET1 Ratio may significantly affect the trading price of the Securities.

The circumstances surrounding or triggering an Automatic Conversion are unpredictable, and there are a number of factors that could affect the Group’s fully loaded CET1 Ratio.

The occurrence of a Capital Adequacy Trigger Event is inherently unpredictable and depends
on a number of factors, including those discussed in greater detail in the following paragraphs, any of which may be outside the Issuer’s control. Although the Issuer currently publicly reports the Group’s fully loaded CET1 Ratio only as
of each quarterly period end, a Capital Adequacy Trigger Event will occur if at any time the Group’s fully loaded CET1 Ratio is less than 7.00%. Whether a Capital Adequacy Trigger Event has occurred at any time shall be determined by the Issuer
and such determination shall be binding on the Trustee and the holders of the Securities.

The Group’s fully loaded CET1 Ratio may
fluctuate during a quarterly period. The calculation of such ratio could be affected by one or more factors, including, among other things, changes in the mix of the Group’s business, major events affecting the Issuer’s earnings, dividend
payments by the Issuer, regulatory changes (including changes to definitions, interpretation and calculations of regulatory capital ratios and their components, including CET1 Capital and Risk Weighted Assets), revisions to models used by the Issuer
to calculate its capital requirements (or revocation of, or amendments to, the regulatory permissions for using such models), and the Group’s ability to manage Risk Weighted Assets in both its ongoing businesses and those which it may seek to
exit. In addition, the Group has capital resources and Risk Weighted Assets