Juan Colombas to delay retirement

1 May 2020

LLOYDS BANKING GROUP: JUAN COLOMBÁS TO DELAY RETIREMENT

Further to the announcement on 31 October 2019 regarding the proposed July 2020 retirement of its Chief Operating Officer and Director, Juan Colombás, Lloyds Banking Group is pleased to announce that he has agreed to remain in post and remain on the Board until September 18th 2020.

The revised departure date will allow Juan to continue playing a key role in the Group's response to the Covid-19 crisis and the Board is grateful for this accommodation.

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For further information:

Investor Relations

Douglas Radcliffe

Group Investor Relations Director +44 (0) 20 7356 1571

Email: douglas.radcliffe@lloydsbanking.com

Group Corporate Affairs

Matt Smith +44 (0) 20 7356 3522

Head of Media Relations

Email: matt.smith@lloydsbanking.com