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

Company: Lloyds Banking Group plc
Filing Date: 2025-10-28
Form: 424B2
Chunk 10
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 for offering or selling the Senior Notes or otherwise making them available to retail investors
in the U.K. has been prepared and therefore offering or selling the Senior Notes or otherwise making them available to any retail investor
in the U.K. may be unlawful under the U.K. PRIIPs Regulation.

<div align='center'>S-3</div>

Prohibition of sales to Swiss 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 investors in Switzerland. For these purposes, a retail investor means a person who is a retail client as
defined in Article 4 of the Swiss Financial Services Act (“FinSA”). Consequently, no key information document required by
the EU PRIIPs Regulation (or any equivalent under the FinSA) has been or will be prepared in relation to any Senior Notes and therefore,
any Senior Notes with a derivative character within the meaning of article 86(2) of the Swiss Financial Services Ordinance may not be
offered or recommended to private clients within the meaning of the FinSA in Switzerland.

Singapore Securities and Futures Act Product Classification – Solely for the purposes of our obligations pursuant to Sections 309B(1)(a) and 309B(1)(c) of the Securities
and Futures Act 2001 of Singapore, as modified or amended from time to time (the “SFA”), we have determined, and hereby notify
all relevant persons (as defined in Section 309A(1) of the SFA) that the Senior Notes are “prescribed capital markets products”
(as defined in the Securities and Futures (Capital Markets Products) Regulations 2018 of Singapore) and “Excluded Investment Products”
(as defined in MAS Notice SFA 04-N12: Notice on the Sale of Investment Products and MAS Notice FAA-N16: Notice on Recommendations on Investment
Products).

<div align='center'>Notice to Canadian investors</div>

The Senior Notes may be sold in Canada only to
purchasers purchasing, or deemed to be purchasing, as principal that are accredited investors, as defined in National Instrument 45-106
Prospectus Exemptions (“NI 45-106”) or subsection 73.3(1) of the Securities Act (Ontario), and are permitted
clients, as defined in National Instrument 31-103 Registration Requirements, Exemptions and Ongoing Registrant Obligations (“NI
31-103”) and that