Company: LLOBF
Filing Date: 2025-06-06
Form Type: F-3ASR
Source: 0000950103-25-007096
Chunk: 105

Company: Lloyds Banking Group plc
Filing Date: 2025-06-06
Form: F-3ASR
Chunk 105
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 made against him in respect of negligence, default, breach of duty or breach of trust:

(a) he may apply to the court for relief, and

(b) the court has the same power to relieve him
as it would have had if it had been a court before which proceedings against him for negligence, default, breach of duty or breach of
trust had been brought.

(3) Where a case to which subsection (1) applies
is being tried by a judge with a jury, the judge, after hearing the evidence, may, if he is satisfied that the defendant (in England,
the defender) ought in pursuance of that subsection to be relieved either in whole or in part from the liability sought to be enforced
against him, withdraw the case from the jury and forthwith direct judgment to be entered for the defendant (in England, grant decree of
absolvitor) on such terms as to costs (in England, expenses) or otherwise as the judge may think proper.

Any underwriters of securities registered on this
registration statement will each agree, severally, and not jointly, to indemnify the Company’s directors, the Company’s officers
who sign the registration statement and the Company’s authorized representative in the United States from and against certain civil
liabilities based on information relating to such underwriter furnished in writing by such underwriter expressly for use herein.

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The company has director’s and officers’
insurance in place, which extends coverage to the roles of authorized representative in the United States and service of process agent
from and against certain directors’ and officer’s liabilities.

In addition, the Company has obtained directors’
and officers’ insurance coverage, which, subject to policy terms and limitations, includes coverage for Insurers to reimburse the
Company for legal costs that it may be required or permitted by law to pay directors or officers of the Company and its consolidated subsidiaries.
Insurers can reimburse the Company for the legal costs of directors and officers subject to policy terms and conditions once the amount
of legal costs incurred has exceeded the deductible.

Item 9. Exhibits

Reference is made to the Exhibit Index included
herewith which is incorporated herein by reference.

Item 10. Undertakings

The undersigned registrants hereby undertake:

(1) To file, during any period in which offers
or sales are being made, a post-effective amendment to this registration statement:

(i) to include any prospectus required by Section
10(a)(3)