Company: BCS
Filing Date: 2025-02-19
Form Type: 424B2
Source: 0001193125-25-029335
Chunk: 37

Company: BARCLAYS PLC
Filing Date: 2025-02-19
Form: 424B2
Chunk 37
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 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 such 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 relevant 
 redemption date on the notes called for redemption.                                                                                                                                                                                                    |

| Ranking | The notes will constitute our direct, unconditional, unsecured and unsubordinated obligations ranking pari passu without any preference among themselves. In the event of our winding-up or               
 administration, the notes will rank pari passu with all our other outstanding unsecured and unsubordinated obligations, present and future, except such obligations as are preferred by operation of law. |

| Pursuant to the U.K. Insolvency Act 1986, as amended or replaced from time to time (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 the 
 assets of any of its subsidiaries (including those of BBPLC, BBUKPLC, Barclays                                   |

S-22

| Execution Services Limited or any other present or future subsidiary) upon the liquidation of such subsidiaries and the extent to which the Issuer suffers losses if it or any of its               
 subsidiaries are subject to bank resolution proceedings, may depend, amongst other things, upon the degree to which the Issuer’s loans to, and investments in, such subsidiaries are subordinated.” |

| No Set-off | The notes are subject to the waiver of set-off provisions set forth under “Description of Senior Notes—No Set-off” below. |

| Tax Redemption | We may, at our option, at any time, redeem any series of the notes, in whole of such series but not in part of the series, if (A) we are required to issue definitive