LEI - TSB Banking Group plc - 213800KWCGLFG9WZDX35

Publication of Offering Circular

The following Offering Circular is available for viewing:

£250,000,000 8.750 per cent. Fixed Rate Reset Additional Tier 1 Perpetual Non-Cumulative Contingent Convertible Securities issued by TSB Banking Group plc

To view the Offering Circular, please paste the following URL into the address bar of your browser.

http://www.rns-pdf.londonstockexchange.com/rns/7987O_1-2024-12-4.pdf

A copy of the Offering Circular has been submitted to the National Storage Mechanism and will shortly be available for inspection at: https://data.fca.org.uk/#/nsm/nationalstoragemechanism

For further information, please contact:

Gina Bouette

Treasury Legal

TSB Bank plc

Email:             [email protected]

Telephone:       +44 (0)7919014843

Disclaimer - Intended Addressees

Please note that the information contained in the Offering Circular may be addressed to and/or targeted at persons who are residents of particular countries (specified in the Offering Circular) only and is not intended for use and should not be relied upon by any person outside these countries and/or to whom the offer contained in the Offering Circular is not addressed. Prior to relying on the information contained in the Offering Circular, you must ascertain from the Offering Circular whether or not you are part of the intended addressees of the information contained therein.

In particular, this announcement and the Offering Circular do not constitute an offer or invitation to subscribe for, or purchase, securities in the United States or in any other jurisdiction where such an offer or invitation would be unlawful. This announcement and the Offering Circular are not for distribution in the United States. The securities described herein have not been, and will not be, registered under the U.S. Securities Act of 1933, as amended (the "Securities Act"), or under any relevant securities laws of any state of the United States of America and are subject to U.S. tax law requirements. Subject to certain exceptions, the securities may not be offered or sold within the United States or to, or for the account or benefit of, U.S. persons or to persons within the United States of America, as such terms are defined in Regulation S under the Securities Act. There will be no public offering of the securities in the United States. For a description of the restrictions on offers and sales of the securities described herein, please refer to the Offering Circular.

Your right to access this service is conditional upon complying with the above requirement.