Notification of Redemption of AT1 Securities
Lloyds Banking Group plc has announced the redemption of its entire outstanding principal amount of $500,000,000 6.75% Callable Fixed Rate Reset Additional Tier 1 Perpetual Subordinated Contingent Convertible Securities. The redemption will occur on June 27, 2026, at 100% of their principal amount, plus any accrued and unpaid interest up to, but not including, the redemption date. Following the redemption, the securities will be delisted from the Global Exchange Market of the Irish Stock Exchange. The company has notified the trustee and will deposit the necessary funds for the redemption. Holders can surrender their securities to The Bank of New York Mellon for payment. This announcement is made in accordance with the terms of the governing indenture and relevant regulations.