Company: BCS
Filing Date: 2025-02-21
Form Type: 424B2
Source: 0001193125-25-031790
Chunk: 54

Company: BARCLAYS PLC
Filing Date: 2025-02-21
Form: 424B2
Chunk 54
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 determination, decision or election that may be made by
us pursuant to the Benchmark Transition Provisions will, if made by our designee, be made after consulting with us and, in each case, will become effective without consent from the holders of the notes or any other party. Any designee that we may
appoint in connection with these determinations may be our affiliate. When performing such functions, potential conflicts of interest may exist between us, our designee or the Calculation Agent and holders of the notes. All determinations by us or
our designee (after consulting with us) will be conclusive for all purposes and binding on us and holders of the notes absent manifest error. In making these potentially subjective determinations, we, our designee or the Calculation Agent may have
economic interests that are adverse to your interests, and such determinations may adversely affect the value of and return on the notes. Because the Benchmark Replacement is uncertain, we or our designee (in consultation with us) are likely to
exercise more discretion in respect of calculating interest payable on each series of notes for any relevant Floating Rate Interest Period than would be the case in the

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absence of a Benchmark Transition Event and related Benchmark Replacement Date. Neither they nor we will have any obligation to consider your interests as a noteholder in taking any action that
might affect the value of the notes.

The application of a Benchmark Replacement and Benchmark Replacement Adjustment, and any
implementation of Benchmark Replacement Conforming Changes, could result in adverse consequences to the amount of interest payable on the notes, which could adversely affect the return on, value of and market for such notes. Further, there is no
assurance that the characteristics of any Benchmark Replacement will be similar to the then-current Benchmark that it is replacing, or that any Benchmark Replacement will produce the economic equivalent of the then-current Benchmark that it is
replacing.

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USE OF PROCEEDS

After deduction of the underwriting compensation stated on the cover of this prospectus supplement and expenses payable by us estimated at
$1,000,000, the net proceeds from the sale of the notes are estimated to be $4,981,187,500. We intend to use the proceeds of the offering for general corporate purposes of the Issuer and its subsidiaries and/or the Group and to strengthen further
the capital base of the Issuer and its subsidiaries and/or the Group.

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DESCRIPTION OF SENIOR NOTES

The following description of the notes supplements the description of the