Company: LLOBF
Filing Date: 2025-06-06
Form Type: F-3ASR
Source: 0000950103-25-007096
Chunk: 83

Company: Lloyds Banking Group plc
Filing Date: 2025-06-06
Form: F-3ASR
Chunk 83
---
 others such
as both U.S. and non-U.S. securities brokers and dealers, banks, trust companies, and clearing corporations that clear through or maintain
a custodial relationship with a Direct Participant, either directly or indirectly. The DTC rules applicable to its participants are on
file with the SEC.

Euroclear. Euroclear holds securities for
its participants and clears and settles transactions between its participants through simultaneous electronic book-entry delivery against
payment. Euroclear provides various other services, including safekeeping, administration, clearance and settlement and securities lending
and borrowing, and interfaces with domestic markets in several countries. Euroclear is operated by Euroclear Bank, under contract with
Euroclear plc, a U.K. corporation. Euroclear Bank conducts all operations, and all Euroclear securities clearance accounts and Euroclear
cash accounts are accounts with Euroclear Bank, not Euroclear plc. Euroclear plc establishes policy for Euroclear on behalf of Euroclear
participants. Euroclear participants include banks (including central banks), securities brokers and dealers and other professional financial
intermediaries and may include any underwriters for the debt securities. Indirect access to Euroclear is also available to other firms
that clear through or maintain a custodial relationship with a Euroclear participant, either directly or indirectly. Euroclear is an indirect
participant in DTC. Securities clearance accounts and cash accounts with Euroclear are governed by the Terms and Conditions Governing
Use of Euroclear and the related Operating Procedures of the Euroclear System (collectively, the “Euroclear Terms and Conditions”),
and applicable law. The Euroclear Terms and Conditions govern transfers of securities and cash within Euroclear, withdrawals of securities
and cash from Euroclear, and receipts of payments with respect to securities in Euroclear.

Clearstream Luxembourg. Clearstream Luxembourg
is incorporated under the laws of The Grand Duchy of Luxembourg as a société anonymeand is subject to regulation
by the Luxembourg Commission for the Supervision of the Financial Sector (Commission de Surveillance du Secteur Financier). Clearstream
Luxembourg is owned by Deutsche Börse AG, a publicly traded company. Clearstream Luxembourg holds securities for its participants
and facilitates the clearance and settlement of securities transactions between its participants through electronic book-entry changes
in accounts of its participants, thereby eliminating the need for physical movement of certificates. Clearstream Luxembourg provides to
its participants, among other things, services for safekeeping, administration, clearance and settlement of internationally traded securities
and securities lending and borrowing. Clearstream Luxembourg