劳埃德银行(ADR)美股招股说明书(2026-02-03版)

The information in this preliminary prospectus supplement is not complete and may be changed. A registration statement relating tothese securities has been filed with the Securities and Exchange Commission and has become effective. This preliminary prospectussupplement and the accompanying prospectus are not an offer to sell nor are they soliciting an offer to buy these securities in anyjurisdiction where the offer or sale is not permitted. Filed pursuant to Rule 424(b)(2)Registration No. 333-287829 Lloyds Banking Group plc $% Senior Callable Fixed-to-Fixed Rate Notes due 2030$% Senior Callable Fixed-to-Fixed Rate Notes due 2047$Senior Callable Floating Rate Notes due 2030 The% senior callable fixed-to-fixed rate notes due 2030 (the “2030 Fixed Rate Notes”) will mature on February, 2030. The2030 Fixed Rate Notes will bear interest from, and including, February, 2026 to, but excluding, February, 2029 (the “2030 FixedRate Notes Reset Date”) at a fixed annual rate of%, payable semi-annually in arrear, on Februaryand Augustof each year,commencing on August, 2026. From, and including, the 2030 Fixed Rate Notes Reset Date, the 2030 Fixed Rate Notes will bearinterest at a fixed annual rate equal to the applicable U.S. Treasury Rate (as defined herein) as determined by the Calculation Agent (asdefined herein) on the 2030 Fixed Rate Notes Reset Determination Date (as defined herein), plus%, payable semi-annually inarrear, on August, 2029 and February, 2030. We will have the option in our sole discretion (but subject to, if and to the extent thenrequired by the Relevant Regulator or the Loss Absorption Regulations, our giving notice to the Relevant Regulator and the RelevantRegulator granting us permission) to redeem, in whole, but not in part, the 2030 Fixed Rate Notes on February, 2029 at aredemption price equal to 100% of the principal amount of the 2030 Fixed Rate Notes being redeemed plus accrued and unpaidinterest thereon, if any, to, but excluding, February, 2029. The% senior callable fixed-to-fixed rate notes due 2047 (the “2047 Fixed Rate Notes”, and, together with the 2030 Fixed RateNotes, the “Fixed Rate Notes”) will mature on February, 2047. The 2047 Fixed Rate Notes will bear interest from, and including,February, 2026 to, but excluding, February, 2046 (the “2047 Fixed Rate Notes Reset Date”) at a fixed annual rate of%,payable semi-annually in arrear, on Februaryand Augustof each year, commencing on August, 2026. From, and including, the2047 Fixed Rate Notes Reset Date, the 2047 Fixed Rate Notes will bear interest at a fixed annual rate equal to the applicable U.S.Treasury Rate (as defined herein) as determined by the Calculation Agent (as defined herein) on the 2047 Fixed Rate Notes ResetDetermination Date (as defined herein), plus%, payable semi-annually in arrear, on August, 2046 and February, 2047. We willhave the option in our sole discretion (but subject to, if and to the extent then required by the Relevant Regulator or the LossAbsorption Regulations, our giving notice to the Relevant Regulator and the Relevant Regulator granting us permission) to redeem, inwhole, but not in part, the 2047 Fixed Rate Notes on February, 2046 at a redemption price equal to 100% of the principal amount ofthe 2047 Fixed Rate Notes being redeemed plus accrued and unpaid interest thereon, if any, to, but excluding, February, 2046. The senior callable floating rate notes due 2030 (the “Floating Rate Notes”, and, together with the Fixed Rate Notes, the “SeniorNotes”) will mature on February, 2030. Interest on the Floating Rate Notes will be payable quarterly in arrear, on February,May, Augustand Novemberof each year, beginning on May, 2026. The interest rate payable on the Floating Rate Noteswill accrue from, and including, February, 2026 at a floating rate equal to the sum of the SOFR Index Average, reset quarterlyplus% per annum, subject to the Minimum Rate (as defined herein). We will have the option in our sole discretion (but subject to,if and to the extent then required by the Relevant Regulator or the Loss Absorption Regulations, our giving notice to the RelevantRegulator and the Relevant Regulator granting us permission) to redeem, in whole, but not in part, the Floating Rate Notes onFebruary, 2029 at a redemption price equal to 100% of the principal amount of the Floating Rate Notes being redeemed plusaccrued and unpaid interest thereon, if any, to, but excluding, February, 2029. In addition to our option to redeem a series of Senior Notes, we may (subject to, if and to the extent then required by the RelevantRegulator or the Loss Absorption Regulations, our giving notice to the Relevant Regulator and the Relevant Regulator granting uspermission) also redeem a series of Senior Notes, in whole, but not in part, at any time at 100% of their principal amount plus accruedand unpaid interest thereon, if any, upon the occurrence of certain tax or regulatory events described in this prospectus supplement andaccom