Company: LLOBF
Filing Date: 2025-06-06
Form Type: F-3ASR
Source: 0000950103-25-007096
Chunk: 96

Company: Lloyds Banking Group plc
Filing Date: 2025-06-06
Form: F-3ASR
Chunk 96
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 do not intend to publicly update or revise these forward-looking statements to reflect
events or circumstances after the date of this prospectus, and we do not assume any responsibility to do so. You should, however, consult
any further disclosures of a forward-looking nature we made in other documents filed with the SEC that are incorporated by reference into
this prospectus. This discussion is provided as permitted by the Private Securities Litigation Reform Act of 1995.

<div align='center'>25

PART II

INFORMATION NOT
REQUIRED IN THE PROSPECTUS</div>

Item 8. Indemnification of Directors and Officers

Lloyds Banking Group plc

Except as hereinafter set forth, there is no provision
of the Articles of Association of Lloyds Banking Group 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 the company 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. Deeds for existing directors are available for inspection at the company’s registered office.
The company 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 Group 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 the Group’s pension schemes, which remain in force as at the date of this prospectus.

Articles 128, 129 and 130 of the company’s Articles of Association provide:

128 Indemnity

128.1 Subject to
the provisions of, and so far as may be permitted by and consistent with, the statutes, any person who is or was at any time a director,
officer, employee or trustee of the company or of any associated company or organisation may be indemnified