Company: BCS
Filing Date: 2025-08-04
Form Type: 424B2
Source: 0001193125-25-172249
Chunk: 44

Company: BARCLAYS PLC
Filing Date: 2025-08-04
Form: 424B2
Chunk 44
---
 actual number of days in each Fixed-to-Floating Rate Notes Floating Rate Interest Period and a 360-day year during each respective Fixed-to-Floating Rate Notes Floating Rate Period.

Interest on the floating rate notes will be
computed on the basis of the actual number of days in each Floating Rate Notes Interest Period and a 360-day year.

The regular record dates for the notes will be the close of business on the Business Day immediately preceding each Interest Payment Date (or,
if the notes are held in definitive form, the close of business on the 15th Business Day preceding each applicable Interest Payment Date).

The term “Business Day” as applicable to the notes means any weekday, other than one on which banking institutions are authorized or
obligated by law, regulation or executive order to close in London, England or in the City of New York, United States.

All percentages
resulting from any calculation in connection with any interest rate on the notes shall be rounded, if necessary, to the nearest one hundred thousandth of a percentage point, with five one-millionths of a
percentage point rounded upward (for example, 9.876545% (or 0.09876545) would be rounded to 9.87655% (or 0.0987655)), and all U.S. dollar amounts would be rounded to the nearest cent, with one-half cent being
rounded upward.

The interest rate on the
fixed-to-floating rate notes during any Fixed-to-Floating Rate Notes Floating Rate
Interest Period and on the floating rate notes will in no event be higher than the maximum rate permitted by law or lower than 0% per annum.

Calculation of the Benchmark

The
“Benchmark” means, initially, Compounded Daily SOFR; provided that if a Benchmark Transition Event and related Benchmark Replacement Date have occurred with respect to SOFR or the then-current Benchmark, then “Benchmark” means
the applicable Benchmark Replacement.

“Compounded Daily SOFR” means, in relation to a Floating Rate Interest Period, the rate
of return of a daily compound interest investment (with SOFR as reference rate for the calculation of interest) during the related Observation Period and will be calculated by the Calculation Agent on the related Interest Determination Date as
follows:

S-42

Where:

“d” means, in relation to any Observation Period, the number of calendar days in such Observation Period;

“d” means, in relation to any Observation Period, the number of USGS
Business Days in such Observation Period