CAPITAL SECURITIES UNDERWRITING AGREEMENT DATED: June 12, 2019 LLOYDS BANKING GROUP plc Underwriting AgreementSecurities Underwriting Agreement • June 13th, 2019 • Lloyds Banking Group PLC • Commercial banks, nec • New York
From time to time Lloyds Banking Group plc, a public limited company incorporated and registered in Scotland, United Kingdom (the “Company”), proposes to enter into one or more Pricing Agreements (each a “Pricing Agreement”) in the form of Annex I hereto, with such additions and deletions as the parties thereto may determine, and, subject to the terms and conditions stated herein and therein, to issue and sell to the several firms named in Schedule I to the applicable Pricing Agreement (such firms constituting the “Underwriters” with respect to such Pricing Agreement and the securities specified therein), or to purchasers procured by them, certain of the Company’s capital securities specified in Schedule II to such Pricing Agreement (with respect to such Pricing Agreement, the “Securities”) and convertible in accordance with their terms into the ordinary shares of the Company (the “Conversion Securities”).
