Company: LLOBF
Filing Date: 2025-10-28
Form Type: 424B2
Source: 0000950103-25-013683
Chunk: 14

Company: Lloyds Banking Group plc
Filing Date: 2025-10-28
Form: 424B2
Chunk 14
---
 the Twenty-Second Supplemental Indenture) shall survive the exercise of          
 the U.K. bail-in power by the relevant U.K. resolution authority with respect to the Senior Notes and the Indenture.                           
 For a discussion of certain risk factors relating to                                                                                           
 the U.K. bail-in power, see “Risk Factors—Risks relating to the Senior Notes” in this prospectus supplement.                                   |

<div align='center'>S-11</div>

| Repayment of Principal and Payment of Interest After Exercise of U.K. Bail-in Power | No repayment of the principal amount of the Senior Notes or payment of interest on the Senior Notes shall become due and payable after the exercise of any U.K. bail-in power by the relevant U.K. resolution authority unless, at the time that such repayment or payment, respectively, is scheduled to become due, such repayment or payment would be permitted to be made by us under the laws and regulations of the United Kingdom applicable to us and the Group.                                                                                                                                                                                                                                                                                                                                                           |
| Additional Issuances                                                                | We may, without the consent of the holders of a series of Senior Notes, issue additional notes having the same ranking and same interest rate, maturity date, redemption terms and other terms as such series of Senior Notes described in this prospectus supplement except for the price to the public, issue date and first interest payment date, provided however that such additional notes that form part of the same series of Senior Notes described in this prospectus supplement and are issued with the same CUSIP, Common Code and/or ISIN number or numbers as the outstanding Senior Notes of the relevant series must be fungible with the outstanding Senior Notes of that series for U.S. federal income tax purposes. See “Description of the Senior Notes—Additional Issuances” in this prospectus supplement. |
| Optional Redemption                                                                 | On at least 5 business days’ but no more than 30 business days’ prior written notice delivered to the registered holders of a series of Senior Notes, we may (subject to, if and to the extent then required by the Relevant Regulator or the Loss Absorption Regulations, our giving notice to the Relevant Regulator and the Relevant Regulator granting us permission) redeem, in our sole discretion, the 2031 Fixed Rate Notes and/or Floating Rate Notes in whole, but not in part, on November    , 2030, and the 2036 Fixed Rate Notes in whole, but not in part, on November    , 2035, at a redemption price