Company: BCS
Filing Date: 2025-02-19
Form Type: 424B2
Source: 0001193125-25-029335
Chunk: 123

Company: BARCLAYS PLC
Filing Date: 2025-02-19
Form: 424B2
Chunk 123
---
 Dated Subordinated Debt Securities (including any damages or other amounts (if payable)) shall:

(i) be subordinated to the claims of all Senior Creditors;

(ii) rank at least pari passuwith the claims in respect of Parity Obligations and with the claims of all other subordinated creditors
of the Issuer which in each case by law rank, or by their terms are expressed to rank, pari passuwith the Dated Subordinated Debt Securities; and

(iii) rank senior to the Issuer’s ordinary shares, preference shares and any junior subordinated obligations (including Junior
Obligations) or other securities which in each case either by law rank, or by their terms are expressed to rank, junior to the Dated Subordinated Debt Securities.

“Secondary non-preferential debts” shall have the meaning given to it in the Insolvency Act.

-10-

“Senior Creditors” with respect to a particular series of Dated Subordinated Debt
Securities, means creditors of the Issuer (i) who are unsubordinated creditors; (ii) who are subordinated creditors (whether in the event of a winding-up or administration of the Issuer or otherwise)
other than (x) those whose claims by law rank, or by their terms are expressed to rank, pari passuwith or junior to the claims of the holders of the Dated Subordinated Debt Securities or (y) those whose claims are in respect of
Parity Obligations or Junior Obligations; or (iii) who are creditors in respect of any secondary non-preferential debts.

“Parity Obligations” with respect to a particular series of Dated Subordinated Debt Securities, shall have the meaning set forth in
the applicable prospectus supplement.

“Junior Obligations” with respect to a particular series of Dated Subordinated Debt
Securities, shall have the meaning set forth in the applicable prospectus supplement.

In the event of our
winding-up or liquidation, if any amount in respect of the Dated Subordinated Debt Securities is paid to the holders of such Dated Subordinated Debt Securities or to the trustee (including any damages or other
amounts (if payable)) before the claims of Senior Creditors, then such payment or distribution shall be held by such holders or the trustee upon trust to be applied in the following order: (i) to the amounts due to the trustee in connection
with the Dated Subordinated Debt Securities Indenture, the D