Company: BCS
Filing Date: 2025-08-06
Form Type: 424B2
Source: 0001193125-25-174548
Chunk: 45

Company: BARCLAYS PLC
Filing Date: 2025-08-06
Form: 424B2
Chunk 45
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2029 notes during the 2029 Notes Floating Rate Period, on the 2046 notes during the 2046 Notes Floating Rate Period and/or on the
floating rate notes, as applicable.

In accordance with and subject to the Benchmark Transition Provisions, after a Benchmark Transition
Event and related Benchmark Replacement Date have occurred, the amount of interest that will be payable on the 2029

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notes during each 2029 Notes Floating Rate Interest Period will be determined by reference to a rate per annum equal to the Benchmark Replacement plus the 2029 Notes Margin, the amount of
interest that will be payable on the 2046 notes during each 2046 Notes Floating Rate Interest Period will be determined by reference to a rate per annum equal to the Benchmark Replacement plus the 2046 Notes Margin and the amount of interest that
will be payable on the floating rate notes will be determined by reference to a rate per annum equal to the Benchmark Replacement plus the Floating Rate Notes Margin.

Benchmark Transition Provisions

If we or our designee (in consultation with us) determine that a Benchmark Transition Event and related Benchmark Replacement Date have
occurred prior to the applicable Reference Time in respect of any determination of the Benchmark on any date, the applicable Benchmark Replacement will replace the then-current Benchmark for all purposes relating to the 2029 notes during the 2029
Notes Floating Rate Period, the 2046 notes during the 2046 Notes Floating Rate Period and/or the floating rate notes, as applicable, in respect of such determination on such date and all determinations on all subsequent dates; provided that, if we
or our designee (in consultation with us) are unable to or do not determine a Benchmark Replacement in accordance with the provisions below prior to 5:00 p.m. (New York time) on the relevant Interest Determination Date or if there is a Derecognition
Risk (as defined below), the interest rate for the related Floating Rate Interest Period will be equal to the interest rate in effect for the immediately preceding Floating Rate Interest Period or, (i) in the case of the Interest Determination
Date prior to the first 2029 Notes Floating Rate Period Interest Payment Date, the 2029 Notes Fixed Interest Rate, (ii) in the case of the Interest Determination Date prior to the first 2046 Notes Floating Rate Period Interest Payment Date, the
2046 Notes Fixed Interest Rate and (iii) in the case of the Interest Determination Date prior to the first Floating Rate