Company: LLOBF
Filing Date: 2025-06-10
Form Type: 424B2
Source: 0000950103-25-007181
Chunk: 5

Company: Lloyds Banking Group plc
Filing Date: 2025-06-10
Form: 424B2
Chunk 5
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 and/or converted into shares or other securities or obligations of the obligor or any other person (or suspended for a temporary period) or pursuant to which any right in a contract governing such obligations may be deemed to have been exercised. A reference to the “relevant U.K. resolution authority” is to any authority with the ability to exercise a U.K. bail-in power.

By purchasing or acquiring the Notes, each holder and each beneficial owner of the Notes, to the extent permitted by the Trust Indenture Act of 1939, as amended (the “TIA”), waives any and all claims against the Trustee (as defined below) for, agrees not to initiate a suit against the Trustee in respect of, and agrees that the Trustee shall not be liable for, any action that the Trustee takes, or abstains from taking, in either case in accordance with the exercise of the U.K. bail-in power by the relevant U.K. resolution authority with respect to the Notes.

We intend to apply to list the Notes on the New
York Stock Exchange in accordance with its rules.

Investing in the Notes involves risks. See “Risk Factors” beginning on page S-22 of this prospectus supplement and as incorporated by reference herein.

By purchasing or acquiring the Notes, each holder
and each beneficial owner shall be deemed to have (i) consented to the exercise of any U.K. bail-in power as it may be imposed without
any prior notice by the relevant U.K. resolution authority of its decision to exercise such power with respect to the Notes and (ii) authorized,
directed and requested The Depository Trust Company (“DTC”) and any direct participant in DTC or other intermediary through
which it holds such Notes to take any and all necessary action, if required, to implement the exercise of any U.K. bail-in power with
respect to the Notes as it may be imposed, without any further action or direction on the part of such holder or beneficial owner or the
Trustee.

Neither the Securities and Exchange Commission nor any state securities commission has approved or disapproved of these securities or passed upon the accuracy or adequacy of this prospectus supplement or the accompanying prospectus. Any representation to the contrary is a criminal offense.

| Per Senior Fixed Rate Note           | Price     
 to Public 
 %         | Underwriting 
 Discount     
 %            | Proceeds                
 to us (before expenses) 
 %                       |
|:-------------------------------------|:----------|:-------------|:------------------------|