Lloyds Banking Group

Financial assets at amortised cost were 577,499 million , 23,827 million higher over the period (31 December 2025 553,672 million ), including increases in loans and advances to customers of 14,134 million , reverse repurchase agreements of 3,866 million , debt securities of 3,465 million and loans and advances to banks of 2,362 million .

SEC original ↗Lloyds Banking Group — Earnings release (6-K report)6-KOct 29, 2026

Reverse repurchase agreements and debt securities increased in response to market conditions.

SEC original ↗Lloyds Banking Group — Earnings release (6-K report)6-KOct 29, 2026

Deposits from banks increased by 2,638 million to 8,417 million while repurchase agreements at amortised cost increased by 7,267 million to 45,837 million .

SEC original ↗Lloyds Banking Group — Earnings release (6-K report)6-KOct 29, 2026

Profit for the period was more than offset by the impact of ordinary share buyback programmes in respect of 2025 and the first half of 2026, the dividends paid in May 2026 and September 2026 and movements in the cash flow hedge reserve resulting from higher longer-term rates.

SEC original ↗Lloyds Banking Group — Earnings release (6-K report)6-KOct 29, 2026

Banking business profits for the first nine months of the year and the 100 million interim dividend received from the Group s Insurance business in June 2026 were more than offset by the impact of the ordinary share buyback programme in respect of 2025 (announced in January 2026) that completed during the period, the recognition of the full capital impact of the ordinary share buyback programme in respect of the first half of 2026 (announced in July 2026), the payment of the interim ordinary dividend in September 2026, the accrual for foreseeable ordinary dividends, distributions on other equity instruments and an increase in risk-weighted assets.

SEC original ↗Lloyds Banking Group — Earnings release (6-K report)6-KOct 29, 2026

Debt securities in issue at amortised cost increased by 14,206 million to 92,477 million due to new issuances in the period, while subordinated liabilities decreased by 1,490 million to 8,404 million as a result of redemptions in the period.

SEC original ↗Lloyds Banking Group — Earnings release (6-K report)6-KOct 29, 2026

FORWARD-LOOKING STATEMENTS This document contains certain forward-looking statements within the meaning of Section 21E of the US Securities Exchange Act of 1934, as amended, and section 27A of the US Securities Act of 1933, as amended, with respect to the business, strategy, plans and or results of Lloyds Banking Group plc together with its subsidiaries (the Group) and its current goals and expectations.

SEC original ↗Lloyds Banking Group — Earnings release (6-K report)6-KOct 29, 2026

Total operating expenses of 8,533 million decreased by 5 % (nine months to 30 September 2025 8,955 million) reflecting a lower remediation charge, continued cost savings, a lower severance expense and plateauing investment as the current strategic cycle culminates.

SEC original ↗Lloyds Banking Group — Earnings release (6-K report)6-KOct 29, 2026

Incorporating the economic data published in the third quarter of 2026, the Group s base case scenario is for an ongoing expansion in gross domestic product (GDP), modest gains in residential and commercial property prices alongside a small increase in the unemployment rate.

SEC original ↗Lloyds Banking Group — Earnings release (6-K report)6-KOct 29, 2026

This is partially offset by the release of the 50 million post model adjustment for global tariff and political disruption risks within Commercial Banking in the first quarter, now considered to be adequately captured within macroeconomic assumptions and resulting modelled provisions.

SEC original ↗Lloyds Banking Group — Earnings release (6-K report)6-KOct 29, 2026

By their nature, forward-looking statements involve risk and uncertainty because they relate to events and depend upon circumstances that will or may occur in the future.

SEC original ↗Lloyds Banking Group — Earnings release (6-K report)6-KOct 29, 2026

Four challenges to the FCA s schemes have been raised, three by lenders and one by a consumer group.

SEC original ↗Lloyds Banking Group — Earnings release (6-K report)6-KOct 29, 2026

The implementation of the schemes has now been delayed, as the Upper Tribunal hearing in respect of those challenges is listed for hearing in the second half of February 2027.

SEC original ↗Lloyds Banking Group — Earnings release (6-K report)6-KOct 29, 2026

The Group will closely monitor the development of these challenges and consider any potential impact on the existing provision.

SEC original ↗Lloyds Banking Group — Earnings release (6-K report)6-KOct 29, 2026

Despite these uncertainties, as well as broader implications of any legal and or regulatory developments, the current provision continues to represent the Group s current best estimate of the potential impact of the motor finance issue.

SEC original ↗Lloyds Banking Group — Earnings release (6-K report)6-KOct 29, 2026