Notification of Redemption

To the Noteholders

17 February 2025

Dear Sirs

Notification of Redemption

Issuer: Lloyds Banking Group plc

Title: EUR 309,088,000 Dated Subordinated Fixed-to-Floating Rate Notes due 2030 (the "Notes")

Issue Date: 16 March 2020

Maturity Date: 18 March 2030

ISIN: XS2138286229

Capitalised terms used and not defined herein shall have the meanings given to them in the trust deed dated 8 April 2019 as supplemented and made between the Issuer and The Law Debenture Trust Corporation p.l.c. (as Trustee) constituting the Notes.

Noteholders need take no further action in respect of their holding of Notes.

We hereby give notice to you that all of the Notes will be redeemed by Lloyds Banking Group plc on 18 March 2025 at their Optional Redemption Amount together with interest accrued. Notice is given pursuant to Condition 15 as overridden by Condition 4.9 in relation to Notes held in Global Form.

Yours faithfully

Lloyds Banking Group plc