Company: BCS
Filing Date: 2025-02-19
Form Type: 424B2
Source: 0001193125-25-029335
Chunk: 76

Company: BARCLAYS PLC
Filing Date: 2025-02-19
Form: 424B2
Chunk 76
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 provisions:

(1) the daily Secured Overnight Financing Rate for trades made on such day, available at or around the Reference Time on the NY Federal
Reserve’s Website;

S-48

(2) if the rate specified in (1) above is not available at or around the Reference Time
for such day (and a Benchmark Transition Event and its related Benchmark Replacement Date have not occurred), the daily Secured Overnight Financing Rate in respect of the last USGS Business Day for which such rate was published on the NY Federal
Reserve’s Website;

“SOFR” means, in relation to any USGS Business
Day “i” in the relevant Observation Period, SOFR in respect of such USGS Business Day; and

“USGS Business Day” means
any day except for a Saturday, Sunday or a day on which the Securities Industry and Financial Markets Association or any successor thereto (“SIFMA”) recommends that the fixed income departments of its members be closed for the entire day
for purposes of trading in U.S. government securities.

Notwithstanding clauses (1) and (2) of the definition of “SOFR”
above, if we or our designee (in consultation with us) determine on or prior to the relevant Interest Determination Date that a Benchmark Transition Event and related Benchmark Replacement Date have occurred with respect to SOFR, then the
“Benchmark Transition Provisions” set forth below will thereafter apply to all determinations of the rate of interest payable on the 20 notes during the 20 Notes Floating Rate
Period, on the 20 notes during the 20 Notes Floating Rate Period, on the 20 notes during the 20 Notes Floating Rate Period and/or on the
floating rate notes, as applicable.

In accordance with and subject to the Benchmark Transition Provisions, after a Benchmark Transition
Event and related Benchmark Replacement Date have occurred, the amount of interest that will be payable on the 20 notes during each 20 Notes Floating Rate Interest Period will be determined by
reference to a rate per annum equal to the Benchmark Replacement plus the 20 Notes Margin, the amount of interest that will be payable on the 20 notes during each 20
Notes Floating Rate Interest Period will be determined by reference to a rate per annum equal to the Benchmark Replacement plus the 20 Notes Margin, the amount of interest that will be payable on the
20 notes during each 20 Notes Floating Rate Interest Period will be determined by reference to a rate per annum equal to the Benchmark Replacement plus the 20