Redemption of 1.627% Senior Callable Fixed-to-Fixed Rate Notes due 2027 (Form 6-K)

Redemption of 1.627% Senior Callable Fixed-to-Fixed Rate Notes due 2027

Lloyds Banking Group plc

$1,000,000,000 1.627% Senior Callable Fixed-to-Fixed Rate Notes due 2027 (CUSIP: 53944YAP8*, ISIN: US53944YAP88, Common Code: 231480943)

March 25, 2026. Lloyds Banking Group plc (the "Group") announces that it has issued a notice of redemption for the entire outstanding principal amount of its 1.627% Senior Callable Fixed-to-Fixed Rate Notes due 2027 (the "Notes"). A notice of redemption pursuant to the terms of the Senior Debt Securities Indenture dated July 6, 2010 as amended and supplemented by the Thirteenth Supplemental Indenture dated March 11, 2021 governing the Notes (the "Indenture) has been distributed to The Bank of New York Mellon, acting through its London Branch, as Trustee (the "Trustee").

The outstanding Notes will be redeemed on May 11, 2026 (the "Redemption Date") at an amount equal to 100% of their principal amount, together with any accrued but unpaid interest to, but excluding, the Redemption Date (the "Redemption Price"). Accordingly, the listing of the Notes on the New York Stock Exchange will be cancelled on, or shortly after, May 11, 2026.

The location where Holders may surrender the Notes and obtain payment of the Redemption Price is The Bank of New York Mellon, London Branch, 160 Queen Victoria Street, London EC4V 4LA, United Kingdom, Attn: Corporate Trust Administration, Email: [email protected]

On the Redemption Date, the Redemption Price will become due and payable and interest on the Notes will cease to accrue. Before the Redemption Date, the Group will irrevocably deposit with the Trustee or with a Paying Agent an amount of money sufficient to pay the total Redemption Price of each of the Notes. When the Group makes such a deposit, all rights of holders of the Notes will cease, except the holders' rights to receive the Redemption Price, but without interest, and the Notes will no longer be outstanding.