Company: BCS
Filing Date: 2025-02-20
Form Type: 424B2
Source: 0001193125-25-030302
Chunk: 24

Company: BARCLAYS PLC
Filing Date: 2025-02-20
Form: 424B2
Chunk 24
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| Any such redemption will be subject, among other things, to the provisions described under “Description of Fixed Rate Resetting Perpetual Subordinated Contingent Convertible Securities—Redemption—Notice of 
 Redemption” and “—Condition to Redemption” below.                                                                                                                                                             |

| Tax Redemption | We may, at our option, redeem the Securities, in whole but not in part, at any time, if we determine that a Tax Event (as defined herein) occurred, on the terms and subject to the conditions set forth under “Description of Fixed Rate 
 Resetting Perpetual Subordinated Contingent Convertible Securities—Redemption—Tax Redemption” below.                                                                                                                                      |

| Any such redemption will be subject, among other things, to the provisions described under “Description of Fixed Rate Resetting Perpetual Subordinated Contingent Convertible Securities—Redemption—Notice of 
 Redemption” and “—Condition to Redemption” below.                                                                                                                                                             |

| Substitution or Variation | Following the occurrence of a Tax Event or Regulatory Event, we may, at our option, either substitute all (but not some only) of the Securities for, or vary the terms of the Securities so that they remain or, as appropriate, become, Compliant 
 Securities (as defined herein), subject to the conditions and procedures set forth under “Description of Fixed Rate Resetting Perpetual Subordinated Contingent Convertible Securities—Substitution or Variation”                                  
 below.                                                                                                                                                                                                                                             |

| Clean-up Call | If, at any time from the fifth anniversary of the Issue Date (unless otherwise permitted by the PRA), the outstanding aggregate principal |

S-15

| amount of the Securities is 25% or less of the aggregate principal amount of the Securities originally issued, we may redeem all (but not some only) of the outstanding Securities at a redemption                                     
 price equal to 100% of their principal amount, together with any accrued but unpaid interest (which excludes any interest cancelled or deemed cancelled as described under “Description of Fixed Rate Resetting Perpetual Subordinated 
 Contingent Convertible Securities—Interest Cancellation—Interest Payments Discretionary” or “—Restriction on Interest Payments” below) to (but excluding) the date fixed for redemption.                                               |

| Any such redemption will be subject, among other things, to the provisions described under “Description of Fixed Rate Resetting Perpetual Subordinated Contingent Convertible Securities— Redemption—Notice of Redemption” 
 and “—Condition to Redemption” below