Company: LLOBF
Filing Date: 2025-10-28
Form Type: 424B2
Source: 0000950103-25-013729
Chunk: 233

Company: Lloyds Banking Group plc
Filing Date: 2025-10-28
Form: 424B2
Chunk 233
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 contract or other
document referred to in this prospectus are not necessarily complete, and in each instance reference is made to the copy of such contract
or other document filed as an exhibit to the registration statement, each such statement being qualified in all respects by such reference.
For further information, you should refer to the registration statement. You can obtain the full registration statement from the SEC or
from us.

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<div align='center'>INCORPORATION OF DOCUMENTS BY REFERENCE</div>

The SEC allows us to “incorporate by reference”
the information that we file with the SEC. This permits us to disclose important information to you by referring to these filed documents.
Any information referred to in this way is considered part of this prospectus, and any information that we file with the SEC after the
date of this prospectus will automatically be deemed to update and supersede this information.

We incorporate by reference (i) LBG’s Annual
Report on Form 20-F for the fiscal year ended December 31, 2024 filed with the SEC on February 20, 2025; (ii) LBG’s report on Form
6-K filed with the SEC on May 1, 2025 including the interim results for LBG for the three months ended March 31, 2025; (iii) LBG’s
report on Form 6-K filed with the SEC on May 1, 2025 disclosing LBG’s capitalization as at March 31, 2025; and (iv) LBG’s
report on Form 6-K filed with the SEC on June 5, 2025, disclosing the appointment of a new non-executive director. We also incorporate
by reference all subsequent Annual Reports filed on Form 20-F and any future filings made with the SEC under Sections 13(a), 13(c), 14
or 15(d) of the Exchange Act and certain reports on Form 6-K, if they state that they are incorporated by reference into this prospectus,
that we furnish to the SEC after the date of this prospectus and until we or any underwriters sell all of the securities.

Upon written or oral request, we will provide
free of charge a copy of any or all of the documents that we incorporate by reference into this prospectus, other than exhibits which
are not specifically incorporated by reference into this prospectus. To obtain copies you should contact us at Investor Relations, 33