Company: BCS
Filing Date: 2025-08-04
Form Type: 424B2
Source: 0001193125-25-172249
Chunk: 1

Company: BARCLAYS PLC
Filing Date: 2025-08-04
Form: 424B2
Chunk 1
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 excluding) , 20 (the “20 Notes Par
Redemption Date”, and each of the 20 Notes Par Redemption Date and the 20 Notes Par Redemption Date, a “Fixed-to-Floating Rate Notes
Par Redemption Date”) (the “20 Notes Fixed Rate Period”), the 20 notes will bear interest at a rate of % per annum. During the 20 Notes Fixed Rate Period, interest will be
payable semi-annually in arrear on and in each year, commencing on , 2026. From (and including) the 20 Notes Par Redemption Date to (but excluding) the
20 Notes Maturity Date (as defined below) (the “20 Notes Floating Rate Period”), interest will accrue on the 20 notes at a floating rate equal to a benchmark rate based on Compounded Daily SOFR,
calculated in arrear as described herein and compounding daily over each 20 Notes Floating Rate Interest Period (as defined below), plus % per annum. During the 20 Notes Floating Rate Period, interest
will be payable quarterly in arrear on , , and the 20 Notes Maturity Date.

From (and including) the Issue Date, interest will accrue on the floating rate notes at a floating rate equal to a benchmark rate based on
Compounded Daily SOFR, calculated in arrear as described herein and compounding daily over each Floating Rate Notes Interest Period (as defined below), plus % per annum. Interest on the floating rate notes will be payable
quarterly in arrear on , , and of each year, commencing on , 20 and ending on the Floating
Rate Notes Maturity Date (as defined below).

The notes will constitute our direct, unconditional, unsecured and unsubordinated
obligations ranking pari passu without any preference among themselves. In the event of our winding-up or administration, the notes will

rank pari passu with all our other outstanding unsecured and unsubordinated obligations, present and future, except such obligations as are preferred by operation of law.

We may, at our option, redeem (i) the 20 notes, in whole or in part, pursuant to the 20 Notes Make-Whole
Redemption (as defined below) at any time on or after , 2026 (six months following the Issue Date and, if any additional 20 notes are issued after the Issue Date, except for the period of six months
beginning on the issue date for any such additional 20 notes) to (but excluding