Company: BCS
Filing Date: 2025-02-20
Form Type: 424B2
Source: 0001193125-25-030302
Chunk: 91

Company: BARCLAYS PLC
Filing Date: 2025-02-20
Form: 424B2
Chunk 91
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5 the interest rate on the Securities will be 7.625% per annum (the “Initial Interest Rate”). From (and including) each Reset Date to (but excluding) the next
following Reset Date (each such period, a “Reset Period”), the applicable per annum interest rate (the “Subsequent Interest Rate”) will be equal to the sum, as determined by the Calculation Agent, of the applicable Mid-Market Swap Rate (such term subject to the provisions described under “—Determination of Subsequent Interest Rate” below) on the relevant Reset Determination Date and 3.686% (the
“Margin”), converted to a quarterly rate in accordance with market convention as instructed by the Issuer (rounded to three decimal places, with 0.0005 rounded down). Subject to the conditions described under “—Interest Cancellation” below and to the last sentence of this paragraph, interest, if any, will be payable quarterly in arrear on March 15, June 15, September 15 and December 15 of each year (each an “Interest Payment
Date”). The first date on which interest may be paid will be June 15, 2025 for the period commencing on (and including) February 25, 2025, and ending on (but excluding) June 15, 2025 (and thus a long first interest period). Subject to
the conditions described herein, interest on the Securities, if any, will be computed and payable as set out under “—Day Count Fraction” below.

The regular record dates for the Securities will be the close of business on the Business Day immediately preceding each Interest Payment Date
(or, if the Securities are held in definitive form, the close of business on the 15th Business Day preceding each Interest Payment Date).

The Reset Dates are September 15, 2035 and each fifth (5th) anniversary thereafter.

The Reset Determination Date is the second Business Day immediately preceding each Reset Date.

S-56

If any Interest Payment Date is not a Business Day, we will pay interest on the next
Business Day, but interest on that payment will not accrue during the period from and after the Interest Payment Date. If a date of redemption is not a Business Day, we may pay interest (if any) and principal on the next Business Day, but interest
on that payment will not accrue during the period from and after the date of redemption.

The term “Business Day” means any
weekday, other than one on