Format of the Notes: Senior Unsecured, Reg S, bearer
Size: £ Benchmark
IPTs: UKT+100/105bp
Reference Gilt: UKT 0.25% 31-Jul-31
Launch Date: 15-Jun-26
Settlement Date: 22-Jun-26 (T+5)
Maturity Date: 31-Jul-32
Optional Redemption Date: 31-Jul-31
Optional Redemption Amount: 100 per cent. of the Nominal Amount, plus accrued interest.
Final Redemption Amount: 100 per cent. of the Nominal Amount
Coupon: Fixed, Semi-annual, Act/Act (ICMA), Following (Unadjusted), Short First coupon
Interest Payment Dates: 31 January and 31 July and in each year from 31-Jul-26 up to (and including) the Maturity Date. First short Interest Period from 22-Jun-26 to 31-Jul-26 (39 days)
First Interest Payment Date: 31-Jul-26
Business Days: T2
Waiver of Set-off, compensation and netting: Applicable. See condition 2(a)(ii). No holder of any such Senior Notes (“Senior Noteholders”) may exercise or claim any right of set-off, compensation, retention or netting in respect of any amount owed to it by the Issuer arising under or in connection with Senior Notes, and each Senior Noteholder shall, by virtue of its subscription, purchase or holding of any such Senior Note (or any beneficial interest therein), be deemed to have waived all such rights of set-off, compensation, retention and netting.
Acknowledgement of and Consent to the Bail-in Power: Applicable. See condition 18(c). Notwithstanding and to the exclusion of any other term of the Senior Notes or any other agreements, arrangements or understanding between the Issuer and any Senior Noteholder, by its subscription to or acquisition of the Senior Notes, each Senior Noteholder shall acknowledge and accept (i) that any liability arising under the Senior Notes may be subject to the exercise of the Bail-in Power by the Resolution Authority and (ii) to be bound by (a) the effect of the exercise of any Bail-in Power by the Resolution Authority and (b) the variation of the conditions of the Senior Notes, as deemed necessary by the Resolution Authority, to give effect to the exercise of any Bail-in Power by the Resolution Authority.
Distribution: Reg S Compliance Category 2
Form of Notes: Dematerialised form
Listing: Euronext Brussels
Governing Law: The Senior Notes and any non-contractual obligations arising out of or in connection with them are governed by, and shall be construed in accordance with, Belgian law
Use of proceeds: General Corporate Purposes
Joint Lead Managers: Barclays, KBC Bank, Natixis and NatWest
Documentation: Issuer’s EMTN programme described in the Base Prospectus dated 3-Jun-26
ISIN: BE0390361336
Minimum Denomination / Increment: £100,000 and integral multiples of £100,000 in excess thereof
MiFID Target Market Assessment: Manufacturer target market (MiFID II and MiFIR product governance) is eligible counterparties and professional clients only (all distribution channels). No PRIIPs key information document (KID) or UK DISC disclosure document required by the FCA Product Disclosure Sourcebook has been prepared as not available to retail in the EEA and in the UK