Company: BCS
Filing Date: 2025-02-19
Form Type: 424B2
Source: 0001193125-25-029335
Chunk: 88

Company: BARCLAYS PLC
Filing Date: 2025-02-19
Form: 424B2
Chunk 88
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 international standing selected by the Issuer and which may be an affiliate of the Issuer.

“Optional Redemption Reference Treasury Dealer” means, with respect to the redemption date, each of up to five banks selected by the
Issuer (following, where practicable, consultation with the Determination Agent, if applicable), or the affiliates of such banks, which are (i) primary U.S. government securities dealers, and their respective successors, or (ii) market
makers in pricing corporate bond issues.

S-55

“Optional Redemption Reference Treasury Dealer Quotations” means, with respect to
each Optional Redemption Reference Treasury Dealer and the redemption date, the arithmetic average, as determined by the Determination Agent, of the bid and offered prices (as quoted to the Determination Agent by such Optional Redemption Reference
Treasury Dealer) for the applicable Optional Redemption Comparable Treasury Issue (expressed in each case as a percentage of its principal amount) at 11:00 a.m., New York time, on the third Business Day preceding such redemption date.

Payment at Maturity or upon Redemption

If a Maturity Date or date of redemption or repayment is not a Business Day, the payment of interest and principal and/or any amount payable
upon redemption or repayment of the notes will be made on the next succeeding Business Day, but interest on that payment will not accrue during the period from and after the Maturity Date or date of redemption or repayment. If the notes are
redeemed, unless we default on payment of the redemption price, interest will cease to accrue on the redemption date on the notes called for redemption.

Ranking

The notes will constitute our
direct, unconditional, unsecured and unsubordinated obligations ranking pari passuwithout any preference among themselves. In the event of our winding-up or administration, the notes will rank pari passuwith all our other outstanding unsecured and unsubordinated obligations, present and future, except such obligations as are preferred by operation of law.

Pursuant to the Insolvency Act, the notes will constitute ordinary non-preferential debt of the Issuer
and will rank in priority to secondary non-preferential debts and tertiary non-preferential debts. The terms “ordinary
non-preferential debt,” “secondary-non preferential debt” and “tertiary non-preferential debt” shall
have the meanings given to each of them in the Insolvency Act.

In addition, see “Risk Factors—The Issuer is a holding company, which means that its right to participate in