Company: BCS
Filing Date: 2025-02-20
Form Type: 424B2
Source: 0001193125-25-030302
Chunk: 105

Company: BARCLAYS PLC
Filing Date: 2025-02-20
Form: 424B2
Chunk 105
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 and, until such time as payment is made, shall hold an amount equal to such amount in trust for us (or our liquidator or
administrator, as the case may be) and, accordingly, any such discharge shall be deemed not to have taken place. By its acquisition of the Securities, each holder agrees to be bound by these provisions relating to waiver of set-off, compensation, counterclaim, retention and netting. No holder of Securities shall be entitled to proceed directly against us except as described in “—Limitation on Suits” below.

Agreement with Respect to the Determination of the Subsequent Interest Rate

Notwithstanding and to the exclusion of any other term of the Securities or any other agreements, arrangements, or understandings between us
and any holder or beneficial owner of the Securities (or the Trustee on behalf of the holders of the Securities), by acquiring the Securities, each holder and beneficial owner of the Securities acknowledges, accepts, agrees to be bound by and
consents to the determinations made by the Issuer, the Independent Adviser, the Trustee, the Principal Paying Agent, the Calculation Agent or other relevant entities, as applicable, to determine the Subsequent Interest Rate in the event the Issuer
determines that a Benchmark Event has occurred or that there is a Successor Rate, including as may occur without any prior notice from the Issuer and without the need for the Issuer to obtain any further consent from holders and beneficial owners of
the Securities to implement consequential amendments to the Indenture and other agreements or documents relating to the Securities. For more information, see “—Determination of Subsequent Interest Rate.”

Agreement with Respect to the Exercise of U.K. Bail-inPower

Notwithstanding and to the exclusion of any other term of the Securities or any other agreements, arrangements, or understandings between us
and any holder or beneficial owner of the Securities (or the Trustee

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on behalf of the holders of the Securities), by acquiring the Securities, each holder and beneficial owner of the Securities acknowledges, accepts, agrees to be bound by, and consents to the
exercise of, any U.K. Bail-in Power by the Relevant U.K. Resolution Authority that may result in (i) the reduction or cancellation of all, or a portion, of the principal amount of, or interest on, the
Securities; (ii) the conversion of all, or a portion, of the principal amount of, or interest on, the Securities into