REG - Lloyds Banking Group - Consent Solicitation Results Announcement

Lloyds BankingAnnouncement

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RNS Number : 6704G  Lloyds Banking Group PLC  02 June 2026

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2 June 2026

LLOYDS BANKING GROUP PLC

(incorporated in Scotland with limited liability with registered number 95000)

Legal Entity Identifier (LEI: 549300PPXHEU2JF0AM85)

 (the "Issuer")

NOTICE OF RESULTS OF MEETING

to the holders of the £750,009,000 Fixed Rate Reset Additional Tier 1
Perpetual Subordinated Contingent Convertible Securities Callable 2029 (ISIN:
XS1043552261) (the "Securities", and the holders thereof, the
"Securityholders") of the Issuer presently outstanding.

On 11 May 2026, the Issuer announced an invitation to Securityholders to
consider and, if thought fit, to approve the proposal to align the
subordination provisions of the Securities with the corresponding provisions
contained in the Issuer's other additional tier 1 issuances which are expected
to be outstanding as at 1 July 2026 (the "Proposal") by Extraordinary
Resolution, as set out in the consent solicitation memorandum dated 11 May
2026 (the "Consent Solicitation Memorandum"). Capitalised terms used but not
defined herein shall have the meanings set out in the Consent Solicitation
Memorandum.

RESULTS OF THE MEETING

The Meeting was held earlier today, and NOTICE IS HEREBY GIVEN to the
Securityholders that the Extraordinary Resolution was duly passed and the
Eligibility Condition was satisfied and accordingly the Conditions of the
Securities will be amended in accordance with the Extraordinary Resolution and
the Supplemental Trust Deed will be executed on or about the date hereof.

 

 Outstanding Principal Amount  Result
 £750,009,000                  91.52% of votes cast of a quorum of 89.97% at the Meeting were in favour of
                               the Extraordinary Resolution

The Early Consent Fee and the Late Consent Fee (as applicable) will be paid by
the Issuer no later than the fifth business day following the Implementation
Date which is expected to be on 2 June 2026.

Further information relating to the Consent Solicitation can be obtained
directly from the Solicitation Agent and the Tabulation Agent:

 Lloyds Bank Corporate Markets plc                    Kroll Issuer Services Limited

 33 Old Broad Street                                  The News Building

 London EC2N 1HZ                                      3 London Bridge Street

 United Kingdom                                       London SE1 9SG

                                                      United Kingdom

 Telephone number: +44 20 7158 1726 / 1719

 Attention: Liability Management                      Telephone: +44 20 7704 0880

 Email: LBCMLiabilityManagement@lloydsbanking.com     Email: lloyds@is.kroll.com
 (mailto:LBCMLiabilityManagement@lloydsbanking.com)

                                                      Attention: Owen Morris

                                                      Website: https://deals.is.kroll.com/lloyds (https://deals.is.kroll.com/lloyds)

DISCLAIMER:  This announcement must be read in conjunction with the Consent
Solicitation Memorandum.

The distribution of this announcement in certain jurisdictions may be
restricted by law. Persons into whose possession this announcement comes are
required to inform themselves about, and to observe, any such restrictions.
The Solicitation Agent and the Tabulation Agent do not accept any
responsibility for the contents of this announcement or the Consent
Solicitation Memorandum.

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