Company: LLOBF
Filing Date: 2025-07-24
Form Type: 6-K
Source: 0001160106-25-000034
Chunk: 14

Company: Lloyds Banking Group plc
Filing Date: 2025-07-24
Form: 6-K
Chunk 14
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 revised its allocation methodology. Certain divisional variable payment related costs are now included within underlying other income; comparative figures have been represented on a consistent basis. Total Group figures are unaffected by this change.

|                                            | At 30 Jun2025£bn |     | At 31 Mar2025£bn |     | Change% |     | At 31 Dec2024£bn |     | Change% |
| Business and Commercial Banking            |             29.1 |     |             29.4 |     |      -1 |     |             29.7 |     |      -2 |
| Corporate and Institutional Banking        |             59.7 |     |             58.5 |     |       2 |     |             57.9 |     |       3 |
| Underlying loans and advances to customers |             88.8 |     |             87.9 |     |       1 |     |             87.6 |     |       1 |
| Customer deposits                          |            170.2 |     |            164.9 |     |       3 |     |            162.6 |     |       5 |
| Risk-weighted assets                       |             76.6 |     |             75.5 |     |       2 |     |             73.8 |     |       4 |

| Page 13 of74 |

| LLOYDS BANKING GROUP PLC | 2025HALF-YEAR RESULTS |

DIVISIONAL RESULTS (continued) Insurance, Pensions and Investments Insurance, Pensions and Investments (IP&I) serves over 10 million customers and holds a top three market share position across our chosen strategy areas of Home, Workplace and Individual Annuities businesses. With £238 billion in assets under administration (excluding Wealth), the Group is investing heavily in the business. This includes enhancing investment propositions, supporting the Group’s Wealth and Mass Affluent strategy, driving digitisation in customer facing and operational platforms, innovating intermediary propositions and accelerating the transition to a low carbon economy. Strategic progress • More than 1.3 million digitally registered Scottish Widows customers, with core app for workplace pension customers growing to over 550,000 users, c.60% of which are active users • Launched our new default fund, ‘Lifetime Investment’, available to new and existing customers and developed to maximise pension growth potential for customers, empowering them to meet their retirement goals • Increased product offering in