EFTA01453471.pdf

PRORATION. EXPECTED PROCEED SECURITY DETAILS: ISIN: 05539439AG42 FIRST CALL DATE/OPTIONAL REDEMPTION DATE: 06/27/2024 INITIAL COUPON: 7.50 PERCENT ANNUM RESET COUPON: 5-YEAR MS+4.76 PERCENT CONVERSION PRICE: USD1.072 THE EXCHANGE OFFER IS CONDITIONED UPON RECEIVE VALID OFFERS TO EXCHANGE THAT, IF AND WHEN ACCEPTED, WOULD RESULT IN LBG ISSUING ADDITIONAL TIER ONE SECURITIES OF THE RELEVANT SERIES IN SATISFACTION OF THE MINIMUM NEW ISSUE SIZE CONDITION. THE MINIMUM NEW ISSUE SIZE FOR THE ABOVE NOTES IS USD750,000,000. EXCHANGE CAP: THE EXCHANGE OFFER IS CONDITIONED UPON THE MAXIMUM NEW ISSUE SIZE. THE MAXIMUM NEW ISSUE SIZE FOR THE ABOVE NOTES IS USD1,675,000,000. THE EXCHANGE PRIORITY AND THE MAXIMUM NEW ISSUE SIZE APPLICABLE TO EACH EXCHANGE OFFER ARE INDEPENDENT FROM THOSE SET FOR THE OTHER EXCHANGE MATERIAL FOR FULL PRORATION DETAILS. ++++++++THE ABOVE NOTES HAVE A PRIORITY LEVEL OF THREE.+++++++++++ CASH IN LIEU OF FRACTIONAL NEW NOTES WILL BE PAID (THOSE NOT MULTIPLES OF USD1,000 PRINCIPAL AMOUNT). //IF YOU ARE ELIGIBLE AND WISH TO EXCHANGE OLD NOTES FOR THE NEW NOTES VIA IFA, SELECT 'POSITIONS' THEN 'OPTION 1' UNDER THE EXCHANGE OFFER. TO EXCHANGE VIA THE REOR SYSTEM USE OFFER CODE 'EXC'. PLEASE NOTE THAT IN GENERAL TERMS, THE PAY DATE FOR VOLUNTARY CORPORATE ACTIONS IS APPROXIMATELY 7-10 BUSINESS DAYS AFTER THE OFFER EXPIRES. CV CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0 111075 CONFIDENTIAL SDNY_GM_00257259 EFTA01453471