FY 2022 Results

Over-issuance of Securities¹ Context . In March 2022, the Group became aware that BBPLC2 had issued securities materially in excess of the amount registered under its shelf registration statement filed with the US Securities and Exchange Commission (SEC) To reflect the impact of the Over-issuance of Securities, Barclays PLC and BBPLC each amended their annual report on Form 20-F Financial impact (Em) Income from hedging arrangements • Total FY21 FY22 Impact 292 292 L&C charge for rescission offer losses4 (220) (801) (1,021) Barclays conducted a rescission offer to certain purchasers of affected securities, which completed in September 2022 PBT impact from rescission offer losses4 (220) (509) (729) Barclays was subject to an investigation from the SEC and paid a monetary penalty Attributable loss from rescission offer losses 5 (170) (387) (557) Barclays commissioned a review of the matter led by external counsel which concluded that: Charge related to SEC monetary penalty (165) (165) among the principal causes of the Over-issuance of Securities were, first, the failure to identify and escalate to senior executives the consequences of the loss of WKSI³ status and, secondly, a decentralised ownership structure for securities issuances; and PBT impact from rescission offer losses and provision related to SEC monetary penalty4 (220) (674) (894) Attributable loss5 (170) (552) (722) the incident was not the result of a general lack of attention to controls by Barclays, and that Barclays' management has consistently emphasised the importance of maintaining effective controls ROTE impact (40)bps (120) bps 1 Refers to the Over-issuance of Securities under Barclays Bank PLC's US shelf registration statements on Form F-3 filed with the SEC in 2018 and 2019. Please refer to the Barclays PLC FY22 Results Announcement for details | 2 Barclays Bank PLC (BBPLC) | 3 "WKSI" refers to "well- known seasoned issuer", a type of issuer which, according to SEC rules, can use a more flexible shelf registration process to register an unlimited amount of securities | 4 Total impact in Q422: £0m (Q421: £46m) | 5 Total impact in Q422: £0m (Q421: £38m) | 25 | Barclays FY 2022 Results | 15 February 2023 BARCLAYS

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