Company: LLOBF
Filing Date: 2025-06-10
Form Type: 424B2
Source: 0000950103-25-007181
Chunk: 6

Company: Lloyds Banking Group plc
Filing Date: 2025-06-10
Form: 424B2
Chunk 6
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| Total for Senior Fixed Rate Notes    | $         | $            | $                       |
| Per Senior Floating Rate Note        | %         | %            | %                       |
| Total for Senior Floating Rate Notes | $         | $            | $                       |

| Per Subordinated Note        | % | % | % |
|:-----------------------------|:--|:--|:--|
| Total for Subordinated Notes | $ | $ | $ |

The initial public offering prices set forth above
do not include accrued interest, if any. Interest on the Notes will accrue from the date of issuance, which is expected to be June
, 2025. See “Underwriting”.

We may use this prospectus supplement and the
accompanying prospectus in the initial sale of the Notes. In addition, Lloyds Securities Inc. or another of our affiliates may use this
prospectus supplement and the accompanying prospectus in a market-making transaction in the Notes after their initial sale. In connection
with any use of this prospectus supplement and the accompanying prospectus by Lloyds Securities Inc. or another of our affiliates, unless
we or our agent informs you otherwise in your confirmation of sale, you may assume this prospectus supplement and the accompanying prospectus
is being used in a market-making transaction.

We expect that the Notes will be ready for delivery
through the book-entry facilities of The Depository Trust Company and its participants including Clearstream Banking, S.A. (“Clearstream
Luxembourg”) and Euroclear Bank SA/NV (“Euroclear”) on or about June , 2025.

<div align='center'>Joint Bookrunning Managers for the Senior Notes</div>

| BofA Securities | Lloyds Securities | Morgan Stanley |
| Santander       | Scotiabank        | TD Securities  |

<div align='center'>Joint Bookrunning Managers Subordinated Notes</div>

| BofA Securities | Lloyds Securities | Morgan Stanley         |
| Santander       | TD Securities     | Wells Fargo Securities |

<div align='center'>Prospectus Supplement dated June ,
2025

TABLE OF CONTENTS

Prospectus Supplement</div>

|                                                                                      | Page |
| ABOUT THIS PROSPECTUS SUPPLEMENT                                                     |  S-2 |
| INCORPORATION OF INFORMATION BY REFERENCE                                            |  S-2 |
| FORWARD-LOOKING STATEMENTS                                                           |  S-3 |
| SUMMARY                                                                              |  S-5 |
| RISK FACTORS