Company: LLOBF
Filing Date: 2025-10-28
Form Type: 424B2
Source: 0000950103-25-013683
Chunk: 9

Company: Lloyds Banking Group plc
Filing Date: 2025-10-28
Form: 424B2
Chunk 9
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 otherwise made available to any retail investor in the European Economic Area (“EEA”). For these purposes,
a retail investor means a person who is one (or more) of: (i) a retail client as defined in point (11) of Article 4(1) of Directive 2014/65/EU
(as amended “MiFID II”); or (ii) a customer within the meaning of Directive (EU) 2016/97 (as amended or superseded, the “Insurance
Distribution Directive”), where that customer would not qualify as a professional client as defined in point (10) of Article 4(1)
of MiFID II. Consequently, no key information document required by Regulation (EU) No 1286/2014 (as amended, the “EU PRIIPs Regulation”)
for offering or selling the Senior Notes or otherwise making them available to retail investors in the EEA has been prepared and therefore
offering or selling the Senior Notes or otherwise making them available to any retail investor in the EEA may be unlawful under the EU
PRIIPs Regulation.

U.K. PRIIPs Regulation / Prohibition of sales to U.K. retail investors -The Senior Notes are not intended to be offered, sold or otherwise made available to and should not be
offered, sold or otherwise made available to any retail investor in the United Kingdom (“U.K.”). For these purposes, a retail
investor means a person who is one (or more) of: (i) a retail client, as defined in point (8) of Article 2 of Regulation (EU) No 2017/565
as it forms part of domestic law by virtue of the European Union (Withdrawal) Act 2018, as amended (“EUWA”); or (ii) a customer
within the meaning of the provisions of the Financial Services and Markets Act 2000, as amended (the “FSMA”) and any rules
or regulations made under the FSMA to implement the Insurance Distribution Directive, where that customer would not qualify as a professional
client, as defined in point (8) of Article 2(1) of Regulation (EU) No 600/2014 as it forms part of domestic law by virtue of the EUWA.
Consequently, no key information document required by Regulation (EU) No 1286/2014 as it forms part of domestic law by virtue of the EUWA
(the “U.K. PRIIPs Regulation”)