Put Options: Change of Control Put (Restructuring Event) at Par applicable, as per the Programme
Covenants: Consolidated Net Borrowings ≤ 1.75x Adjusted Capital and ReservesSecured Borrowings ≤ 0.5x Adjusted Capital and Reserves (subject to certain deductions and exceptions)Both as more fully described in the Programme
Denominations: £100k+£1k
Reference Benchmark: UKT 4.125% due 07-Mar-33
ISIN: XS3489989866
Coupon: Fixed, Annual, Short First, ACT/ACT (ICMA)
Documentation: Under the Issuer’s £5,000,000,000 EMTN Programme dated 24-Apr-26, as supplemented
Use of Proceeds: General Corporate Purposes, including the potential repayment of existing indebtedness
Target Market: MiFID II and UK MiFIR professionals & ECPs-only. Manufacturer target market (MiFID II product governance and UK MiFIR product governance rules) is eligible counterparties and professional investors only (all distribution channels). No EU PRIIPs Regulation key information document or DISC/CCI Regulations disclosure document has been prepared as the Notes are not available to retail investors in the EEA or the UK