Company: BCS
Filing Date: 2025-02-21
Form Type: 424B2
Source: 0001193125-25-031790
Chunk: 37

Company: BARCLAYS PLC
Filing Date: 2025-02-21
Form: 424B2
Chunk 37
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 accruing on the notes for each
Floating Rate Interest Period, as applicable, will be equal to the sum, as determined by the Calculation Agent, of a benchmark rate based on the Compounded Daily SOFR calculated in arrear as described herein and compounding daily plus the 2029 Notes
Margin, the 2031 Notes Margin or the 2036 Notes Margin, as applicable. The 2029 Notes Floating Interest Rate, the 2031 Notes Floating Interest Rate or the 2036 Notes Floating Interest Rate, as applicable, for any applicable Floating Rate Interest
Period may be less than the 2029 Notes Fixed Interest Rate, the 2031 Notes Fixed Interest Rate or the 2036 Notes Fixed Interest Rate, as applicable, which would result in the amount of any interest payments under the respective notes during any such
Floating Rate Interest Period being lower than the interest payments during the applicable Fixed Rate Period and so could affect the market value of an investment in the notes.

S-27

Under the terms of the notes, you will have limited enforcement events and remedies.

Holders of notes will not have the right to request that the Trustee declare such notes to be due and repayable immediately at their
outstanding principal amount together with accrued interest, if any, in the case of our failure to pay principal or interest on such notes within fourteen (14) days from the due date for payment or our breach of any covenant or warranty of the
Indenture which has not been remedied, in each case as described in the section entitled “Description of Senior Notes—Senior Enforcement Events and Remedies” in this prospectus supplement.

Payment of principal and accrued but unpaid interest on the notes shall be accelerated only in the event of a
winding-up or administration involving us that constitutes a Senior Winding-up Event (as defined herein). There is no right of acceleration in the case of non-payment of principal or interest on any notes or of our failure to perform any of our obligations under or in respect of any notes.

The sole remedy against us available for recovery of amounts owing in respect of any non-payment of
any amount that has become due and payable under any notes is, subject to certain conditions and to the provisions set forth in “Description of Senior Notes—Senior Enforcement Events and Remedies—Trust Indenture Act remedies” of this prospectus supplement, for the Trustee to institute proceedings in England (or such other jurisdiction in which we may be organized) (but not elsewhere) for our winding-up and/or