Company: BCS
Filing Date: 2025-08-06
Form Type: 424B2
Source: 0001193125-25-174548
Chunk: 121

Company: BARCLAYS PLC
Filing Date: 2025-08-06
Form: 424B2
Chunk 121
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 of it, or of a third country or the institution’s by-laws or statutes relate, such profits, losses and reserves being determined on the
basis of the individual accounts of the institution and not on the basis of the consolidated accounts.

“Junior Securities”
means any ordinary shares, securities or other obligations (including any guarantee, credit support or similar undertaking) of the Issuer ranking, or expressed to rank, junior to the relevant series of contingent capital securities in a winding-up or administration of the Issuer.

“Parity Securities” means any preference shares,
securities or other obligations (including any guarantee, credit support or similar undertaking) of the Issuer ranking, or expressed to rank, pari passuwith the relevant series of contingent capital securities in a winding-up or administration of the Issuer.

See also “—Agreement to Interest
Cancellation” and “—Notice of Interest Cancellation” below.

-31-

Agreement to Interest Cancellation

By subscribing for, purchasing or otherwise acquiring the contingent capital securities, holders of the contingent capital securities
acknowledge and agree that:

(a) interest is payable solely at the discretion of the Issuer, and no amount of interest
shall become due and payable in respect of the relevant interest period to the extent that it has been (x) cancelled (in whole or in part) by the Issuer at its sole discretion and/or (y) deemed cancelled (in whole or in part) as a result
of us having insufficient Distributable Items or failing to satisfy the Solvency Condition; and

(b) a cancellation or
deemed cancellation of interest (in each case, in whole or in part) in accordance with the terms of the Contingent Capital Securities Indenture shall not constitute a default in payment or otherwise under the terms of the contingent capital
securities.

Subject as set out under “—Interest Cancellation Following a Contingent Capital Regulatory Event,” interest
will only be due and payable on an interest payment date to the extent it is not cancelled or deemed cancelled in accordance with the provisions described under “—Interest Payments Discretionary” and “—Restriction on
Interest Payments” above. Any interest cancelled or deemed cancelled (in each case, in whole or in part) in the circumstances described above shall not be due and shall not accumulate or be payable at any time thereafter, and holders of the
contingent capital securities shall have no rights thereto or to receive any additional interest or compensation as a result of such cancellation or deemed cancellation