Early redemption at the option of the Issuer (Issuer call)

If the Pricing Supplement states that the Issuer may redeem all or some of the Notes of a Series before their Maturity Date under this Condition, the Issuer may at its option but subject to Condition 9.12 (“Conditions to Redemption and Purchase”), redeem all or, if so provided, some only of the Notes so specified in the Pricing Supplement at the Redemption Amount and any interest accrued on it to (but excluding) the redemption date.

Early Redemption Date (Call) : 28 May 2030

Redemption of Senior Notes Due to Loss Absorption Disqualification Event

Where a Loss Absorption Disqualification Event is specified as being applicable in the Pricing Supplement relating to Senior Notes, the Issuer may at its option but subject to Condition 9.12 (“Conditions to Redemption and Purchase”), having given not less than 15 days nor more than 60 days’ notice in accordance with Condition 19 (“Notices”) to the Noteholders, the Registrar, each other Agent and any stock or securities exchange or other relevant authority on which the Notes are listed, quoted and/or traded, redeem all but not some only of the Notes outstanding (if the Notes are Floating Rate Notes) on the next Interest Payment Date or (if the Notes are not Floating Rate Notes) at any time at the Early Redemption Amount, together (if applicable) with any accrued but unpaid interest up to (but excluding) the date fixed for redemption, if immediately prior to the giving of the notice referred to above, a Loss Absorption Disqualification Event has occurred.

In this Condition 9.4, a “Loss Absorption Disqualification Event” shall be deemed to have occurred if, as a result of any amendment to, or a pending change in, the Loss Absorption Regulations, or any change in the application or official interpretation of the Loss Absorption Regulations, in any such case becoming effective on or after the Issue Date of the first Tranche of the Senior Notes, such Notes are or (in the opinion of the Issuer, the Relevant Regulator and/or the Resolution Authority) are likely to be fully or (if so specified in the applicable Pricing Supplement) partially excluded from the Issuer’s and/or the Group’s minimum requirements for:

(a) own funds and eligible liabilities; and/or

(b) loss absorbing capacity instruments,

in each case as such minimum requirements are applicable to the Issuer and/or the Group and determined in accordance with, and pursuant to, the relevant Loss Absorption Regulations; provided that a Loss Absorption Disqualification Event shall not occur where the exclusion of the Notes from the relevant minimum requirement(s) is due to the remaining maturity of the Senior Notes being less than any period prescribed by any applicable eligibility criteria for such minimum requirements under the relevant Loss Absorption Regulations effective with respect to the Issuer and/or the Group on the Issue Date of the first Tranche of the Senior Notes.