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 9.5, the Issuer may at its option (subject, in all cases to Condition 9.11 (“Supervisory consent”)), on giving (in accordance with Condition 19 (“Notices”)) not less than 30 days nor more than 60 days’ (or such other period as may be set out in the Pricing Supplement) notice to the Noteholders, 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 and unpaid thereon to (but excluding) the redemption date.

However, the Issuer may only do so if:

(a) the amount of Notes to be redeemed is, or is a multiple of, their Denomination;

(b) the Issuer has given the relevant notice to the Registrar, the Noteholders, each other Agent and any stock or securities exchange or other relevant authority on which the Notes are listed in accordance with Condition 19 (“Notices”);

(c) the proposed redemption date is an Early Redemption Date (Call) specified in the Pricing Supplement;

(d) the redemption amount is the “Redemption Amount” or “Make-Whole Redemption Amount” specified in the Pricing Supplement; and

(e) any other relevant condition specified in the Pricing Supplement is satisfied.

Early Redemption Date (Call): 28 August 2030

Early redemption of Notes upon Loss Absorption Disqualification Event:

If this Condition 9.4 is specified as being applicable in the Pricing Supplement and subject to Condition 9.11 (“Supervisory consent”), then, following the occurrence of a Loss Absorption Disqualification Event, the Issuer may on giving no less than 30 nor more than 60 days’ notice (or such other period specified in the relevant Pricing Supplement) (ending, in the case of Floating Rate Notes, on an Interest Payment Date) to the Registrar, the Noteholders, each other Agent and any stock or securities exchange or other relevant authority on which the Notes are listed in accordance with Condition 19 (“Notices”), at its option, redeem all, but not some only, of the Notes (such option to redeem being referred to herein as a “Loss Absorption Disqualification Event Early Redemption Option”) at the Loss Absorption Disqualification Event Early Redemption Price specified in the Pricing Supplement, together with interest accrued and unpaid, if any, to the date fixed for redemption.

Loss Absorption Disqualification Event in relation to any Series of Notes, shall be deemed to have occurred if such Series of Notes becomes fully or partially ineligible to count towards the Issuer’s and/or the Group’s minimum requirements for (A) own funds and eligible liabilities and/or (B) loss absorbing capacity, in each case as determined in accordance with and pursuant to the relevant Loss Absorption Regulations applicable to the Issuer and/or the Group, as a result of any:

(a) Loss Absorption Regulation becoming effective after the Issue Date of the first Tranche of such Series of Notes; or

(b) amendment to, or change in, any Loss Absorption Regulation, or any change in the application or official interpretation of any Loss Absorption Regulation, in any such case becoming effective on or after the Issue Date of the first Tranche of such Series of Notes,

provided, however, 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 Notes being less than any period prescribed by any applicable eligibility criteria for such minimum requirement(s) 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 Notes of the relevant Series;