Company: LLOBF
Filing Date: 2025-06-06
Form Type: F-3ASR
Source: 0000950103-25-007096
Chunk: 90

Company: Lloyds Banking Group plc
Filing Date: 2025-06-06
Form: F-3ASR
Chunk 90
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 series of senior debt securities will
be a new issue of senior debt securities with no established trading market. If securities of a particular series are not listed on a
U.S. national securities exchange, certain broker-dealers may make a market in those senior debt securities, but will not be obligated
to do so and may discontinue any market making at any time without notice. We cannot give any assurance that any broker-dealer will make
a market in senior debt securities of any series or as to the liquidity of the trading market for those securities.

To the extent an initial offering of the securities
will be distributed by an affiliate of ours, each such offering of senior debt securities must be conducted in compliance with the requirements
of Rule 5121 of the Financial Industry Regulatory Authority, Inc. (“FINRA”), regarding a FINRA member firm’s distribution
of senior debt securities of an affiliate and related conflicts of interest. No underwriter, selling agent or dealer utilized in the
initial offering of senior debt securities who is an affiliate of ours will confirm sales to accounts over which it exercises discretionary
authority without the prior specific written approval of its customer. Following the initial distribution of any of these senior debt
securities, affiliates of ours may offer and sell these senior debt securities in the course of their businesses as broker-dealers. Such
affiliates may act as principals or agents in these transactions and may make any sales at varying prices related to prevailing market
prices at the time of sale or otherwise. Such affiliates may also use this prospectus in connection with these transactions. None of
our affiliates is obligated to make a market in any of these senior debt securities and may discontinue any market-making activities
at any time without notice.

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Any underwriter, selling agent or dealer utilized
in the initial offering of securities will not confirm sales to accounts over which it exercises discretionary authority without the prior
specific written approval of its customer.

Delayed Delivery Arrangements

If so indicated in the prospectus supplement,
we may authorize underwriters or other persons acting as their agents to solicit offers by certain institutions to purchase senior debt
securities from them pursuant to contracts providing for payment and delivery on a future date. Institutions with which such contracts
may be made include commercial and savings banks, insurance companies, educational and charitable institutions and others, but in all
cases such institutions must be approved by us. The obligations of any purchaser under any such contract will be subject to the condition
that the purchase of