Lloyds Banking Group PLC — Regulatory Filings 2021

Aug 2, 2021

SUPPLEMENTARY PROSPECTUS DATED 30 JULY 2021

LLOYDS BANK

LLOYDS BANK PLC

(incorporated with limited liability in England and Wales registered number 2065)

€60 billion

Global Covered Bond Programme

unconditionally and irrevocably guaranteed as to payments of interest and principal by

LLOYDS BANK COVERED BONDS LLP

(a limited liability partnership incorporated in England and Wales registered number OC340094)

This Supplement (the Supplement) to the prospectus dated 2 July 2021 which together comprise a base prospectus (the Prospectus) for the purposes of Article 23 of Regulation (EU) 2017/1129 as it forms part of domestic law by virtue of the European Union (Withdrawal) Act 2018 (the UK Prospectus Regulation), constitutes a supplementary prospectus for the purposes of the UK Prospectus Regulation, and is prepared in connection with the €60 billion Global Covered Bond Programme (the Programme) established by Lloyds Bank plc (the Issuer).

This Supplement is supplemental to, and should be read in conjunction with, the Prospectus and the documents incorporated by reference therein. Capitalised terms used in this Supplement but not defined herein shall have the meanings ascribed to them in the Prospectus.

This Supplement has been approved by the Financial Conduct Authority (the FCA), as competent authority under the UK Prospectus Regulation. The FCA only approves this Supplement as meeting the standards of completeness, comprehensibility and consistency imposed by the UK Prospectus Regulation. Approval by the FCA should not be considered as an endorsement of the Issuer and/or the LLP or of the quality of the Covered Bonds that are the subject of this Supplement.

The Issuer and Lloyds Bank Covered Bonds LLP (the LLP) each accept responsibility for the information contained in this Supplement. To the best of the knowledge of each of the Issuer and the LLP the information contained in this Supplement is in accordance with the facts and does not omit anything likely to affect the import of such information.

Purpose of this Supplement

The purpose of this Supplement is to:

(a) incorporate by reference into the Prospectus the Issuer's 2021 Half-Year Results (as defined in the Supplement), which were published via the RNS on 29 July 2021; and
(b) update the no significant change statement of the Issuer and its subsidiary and associated undertakings (the Lloyds Bank Group).

(a) DOCUMENTS INCORPORATED BY REFERENCE

By virtue of this Supplement the Issuer's 2021 Half-Year Results for the half-year to 30 June 2021, including the unaudited condensed consolidated financial statements prepared on a statutory basis for the half-year to 30 June 2021, together with the independent review report thereon, as set out on pages 29 to 75 and 77 thereof, respectively (the Issuer's 2021 Half-Year Results), which have previously

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been filed with the Financial Conduct Authority, shall be deemed to be incorporated in, and form part of, the Prospectus and supplement the section entitled “Documents Incorporated by Reference” on pages 19 to 20 of the Prospectus.

Any documents themselves incorporated by reference in the Issuer’s 2021 Half-Year Results shall not form part of the Prospectus, unless otherwise specified here.

(b) No significant change of the Lloyds Bank Group

The no significant change of the Lloyds Bank Group statement under the paragraph headed "Significant or Material Change" on page 276 of the Prospectus is updated as set out below:

“There has been no significant change in the financial position or financial performance of the Lloyds Bank Group since 30 June 2021, the date to which the Lloyds Bank Group's last published unaudited interim financial information (as set out in the Issuer’s 2021 Half-Year Results) was prepared.”

The Issuer will provide, without charge, to each person to whom a copy of this Supplement has been delivered, upon the oral or written request of such person, a copy of any or all of the documents which are incorporated in whole or in part by reference herein or in the Prospectus. Written or oral requests for such documents should be directed to the Issuer at its principal office at 25 Gresham Street, London, EC2V 7HN.

Copies of this Supplement and all documents incorporated by reference in this Supplement can be viewed on the website of the Issuer at https://www.lloydsbankinggroup.com/investors/.

To the extent that there is any inconsistency between (a) any statement in this Supplement or any statement incorporated by reference into the Prospectus by this Supplement and (b) any other statement in or incorporated by reference into the Prospectus, the statements in (a) above will prevail.

Save as disclosed in this Supplement, no other significant new factor, material mistake or inaccuracy relating to information included in the Prospectus has arisen or been noted, as the case may be, since the publication of the Prospectus.

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