Company: LLOBF
Filing Date: 2025-06-06
Form Type: F-3ASR
Source: 0000950103-25-007096
Chunk: 101

Company: Lloyds Banking Group plc
Filing Date: 2025-06-06
Form: F-3ASR
Chunk 101
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 authorized representative in the United States from and against certain civil
liabilities based on information relating to such underwriter furnished in writing by such underwriter expressly for use herein.

The company has director’s and officers’
insurance in place, which extends coverage to the roles of authorized representative in the United States and service of process agent
from and against certain directors’ and officer’s liabilities.

In addition, the company has obtained directors’
and officers’ insurance coverage, which, subject to policy terms and limitations, includes coverage to reimburse the company for
amounts that it may be required or permitted by law to pay directors or officers of the company and its consolidated subsidiaries.

Lloyds Bank plc

Except as hereinafter set forth, there is no provision
of the Articles of Association of Lloyds Bank plc (the “Company”, for purposes of this Item 8) or any contract, arrangement
or statute under which any director or officer of the Company is insured or indemnified in any manner against any liability that they
may incur in their capacity as such.

Deed of Indemnity

The directors of the Company have entered into
(or will enter into) individual deeds of indemnity with LBG which constitute “qualifying third-party indemnity provisions”
for the purposes of the Companies Act 2006. The deeds indemnify the directors to the maximum extent permitted by law and remain in force
as at the date of this prospectus. In addition, LBG has appropriate directors’ and officers’ liability insurance cover in
place. Deeds for existing directors are available for inspection at the Company’s registered office. LBG has also granted deeds
of indemnity by deed poll and by way of entering into individual deeds, which constitute “qualifying third-party indemnity provisions”
to the directors of the Group’s subsidiary companies, including to former directors who retired during the year of 2024, and to colleagues subject to the provisions of the senior managers and certification regime. Such deeds remain
in force as at the date of this prospectus. Qualifying pension scheme indemnities have also been granted to the trustees of LBG’s
pension schemes, including those schemes relevant to the Company, which remain in force as at the date of this prospectus.

<div align='center'>II-4</div>

Articles 71, 72 and 73 of the Company’s Articles of Association provide:

Article 71 Indemnity

71.1. Subject to
Article 71.2, a Relevant