Barclays : Bank Ireland PLC Interim 2020 Pillar 3 Report Terms and Conditions

Barclays Bank Ireland PLC

Pillar 3 Terms and Conditions of own funds and eligible liabilities

30 June 2020

Supplement to the Barclays Bank Ireland PLC Pillar 3 Report 2019

Introductory notes

This worksheet complements the Barclays Bank Ireland PLC Pillar 3 Interim Report 2020, available from home.barclays/investor-relations/reports-and-events/annual-reports/

The information disclosed in this report is prepared in accordance with the Capital Requirements Regulation and Capital Requirements Directive (CRR and CRD, also known as the 'CRD IV legislative package'). On 27 June 2019, CRR II came into force amending CRR. As an amending regulation, the existing provisions of CRR apply unless they are amended by CRR II.

The Pillar 3 disclosures have also been prepared in accordance with the EBA "Guidelines on materiality, proprietary and confidentiality and on disclosure frequency under Articles 432(1), 432(2) and 433 of CRR" and European Banking Authority (EBA) "Guidelines on disclosure requirements under Part Eight of Regulation (EU) No 575/2013", as amended by Regulation (EU) 2019/876, in effect at the reporting date, using the uniform format set out in the BCBS standard on Pillar 3 disclosure requirements, as the EU format for disclosure is yet to be agreed. Certain aspects of CRR II are dependent on final technical standards to be issued by the EBA and adopted by the European Commission.

The disclosures reflect Barclays Bank Ireland PLC's interpretation of the current rules and guidance. The abbreviations '€m' and '€bn' represent millions and thousands of millions of Euros respectively.

Forward looking statements

Readers are cautioned that no forward-looking statement is a guarantee of future performance and that actual results or other financial condition or performance measures could differ materially from those contained in the forward- looking statements. These forward-looking statements can be identified by the fact that they do not relate only to historical or current facts. Forward-looking statements sometimes use words such as 'may', 'will', 'seek', 'continue', 'aim', 'anticipate', 'target', 'projected', 'expect', 'estimate', 'intend', 'plan', 'goal', 'believe', 'achieve' or other words of similar meaning.

Forward-looking statements can be made in writing but also may be made verbally by members of the management of Barclays Bank Ireland PLC (the 'Bank') (including, without limitation, during management presentations to financial analysts) in connection with this document. Examples of forward-looking statements include, among others, statements or guidance regarding or relating to the Bank's future financial position, income growth, assets, impairment charges, provisions, business strategy, capital, leverage and other regulatory ratios, payment of dividends (including dividend payout ratios and expected payment strategies), projected levels of growth in the banking and financial markets, projected costs or savings, any commitments and targets, estimates of capital expenditures, plans and objectives for future operations, projected employee numbers, IFRS impacts and other statements that are not historical fact. By their nature, forward-looking statements involve risk and uncertainty because they relate to future events and circumstances. The forward-looking statements speak only as at the date on which they are made and such statements may be affected by changes in legislation, the development of standards and interpretations under IFRS, including evolving practices with regard to the interpretation and application of accounting and regulatory standards, the outcome of current and future legal proceedings and regulatory investigations, future levels of conduct provisions, the policies and actions of governmental and regulatory authorities, geopolitical risks and the impact of competition. In addition, factors including (but not limited to) the following may have an effect: capital, leverage and other regulatory rules applicable to past, current and future periods; Eurozone and global macroeconomic and business conditions; the effects of any volatility in credit markets; market related risks such as changes in interest rates and foreign exchange rates; effects of changes in valuation of credit market exposures; changes in valuation of issued securities; volatility in capital markets; changes in credit ratings of the Bank or any securities issued by the Bank; direct and indirect impacts of the coronavirus (COVID-19) pandemic; instability as a result of the exit by the UK from the European Union and the disruption that may subsequently result in Ireland, the EU and globally; and the success of future acquisitions, disposals and other strategic transactions. A number of these influences and factors are beyond the Bank's control. As a result, the Bank actual financial position, future results, dividend payments, capital, leverage or other regulatory ratios or other financial and non-financial metrics or performance measures may differ materially from the statements or guidance set forth in the Bank's forward-looking statements. Additional risks and factors which may impact the Bank's future financial condition and performance are identified in the Bank's 2019 Annual Report and the Bank's 2020 Interim Report which are available on Barclays' website at https://home.barclays/investor-relations/.

Subject to our obligations under the applicable laws and regulations of any relevant jurisdiction, (including, without limitation, Ireland), in relation to disclosure and ongoing information, we undertake no obligation to update publicly or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

Capital instruments main features template

1	Issuer	Barclays Bank Ireland PLC	Barclays Bank Ireland PLC	Barclays Bank Ireland PLC	Barclays Bank Ireland PLC
2	Unique identifier (eg CUSIP, ISIN or Bloomberg identifier for private placement)		N/A	N/A	N/A
3	Governing law(s) of the instrument	Irish	Irish	Irish	Irish
3a	Means by which enforceability requirement of Section 13 of the TLAC Term Sheet is	N/A	N/A	N/A	N/A
	achieved (for other TLAC-eligible instruments governed by foreign law)
4	Transitional Basel III rules	Common Equity Tier 1	Additional Tier 1	Additional Tier 1	Additional Tier 1
5	Post-transitional Basel III rules	Common Equity Tier 1	Additional Tier 1	Additional Tier 1	Additional Tier 1
6	Eligible at solo/group/group and solo	Solo	Solo	Solo	Solo
7	Instrument type (types to be specified by each jurisdiction)	Ordinary Share Capital	Perpetual Deeply Subordinated Write	Perpetual Deeply Subordinated Write	Perpetual Deeply Subordinated Write
			Down Securities	Down Securities	Down Securities
8	Amount recognised in regulatory capital (Currency in million, as of most recent	€810m	€300m	€69m	€36m
	reporting date)
9	Par value of instrument	€1.00	€300m	€69m	€36m
10	Accounting classification	Shareholders' equity	Shareholders' equity	Shareholders' equity	Shareholders' equity
11	Original date of issuance	12/01/2005	30/11/2018	23/03/2019	26/04/2019
12	Perpetual or dated	Perpetual	Perpetual	Perpetual	Perpetual
13	Original maturity date	No maturity	No maturity	No maturity	No maturity
14	Issuer call subject to prior supervisory approval	N/A	Yes	Yes	Yes
15	Optional call date, contingent call dates and redemption amount	N/A	Optional call on 15/12/2023 at 100%.	Optional call on 22/03/2024 at 100%.	Optional call on 26/04/2024 at 100%.
			Also tax and regulatory event calls	Also tax and regulatory event calls	Also tax and regulatory event calls
16	Subsequent call dates, if applicable	N/A	Any Interest Payment Date	Any Interest Payment Date	Any Interest Payment Date
	Coupons / dividends
17	Fixed or floating dividend/coupon	N/A	Floating	Floating	Floating
18	Coupon rate and any related index	N/A	1 month EURIBOR plus 7.356%	1 month EURIBOR plus 6.682%	1 month EURIBOR plus 5.95%
19	Existence of a dividend stopper	No	No	No	No
20a	Fully discretionary, partially discretionary or mandatory (in terms of timing)	Fully discretionary	Fully discretionary	Fully discretionary	Fully discretionary
20b	Fully discretionary, partially discretionary or mandatory (in terms of amount)	Fully discretionary	Fully discretionary	Fully discretionary	Fully discretionary
21	Existence of step-up or other incentive to redeem	No	No	No	No
22	Non-cumulative or cumulative	Non-cumulative	Non-cumulative	Non-cumulative	Non-cumulative
23	Convertible or non-convertible	Non-convertible	Non-convertible	Non-convertible	Non-convertible
24	If convertible, conversion trigger(s)	N/A	N/A	N/A	N/A
25	If convertible, fully or partially	N/A	N/A	N/A	N/A
26	If convertible, conversion rate	N/A	N/A	N/A	N/A
27	If convertible, mandatory or optional conversion	N/A	N/A	N/A	N/A
28	If convertible, specify instrument type convertible into	N/A	N/A	N/A	N/A
29	If convertible, specify issuer of instrument it converts into	N/A	N/A	N/A	N/A
30	Write-down features	No	Yes	Yes	Yes
31	If write-down,write-down trigger(s)	N/A	Barclays Bank Ireland PLC Transitional	Barclays Bank Ireland PLC Transitional	Barclays Bank Ireland PLC Transitional
			Common Equity Tier 1 ratio falls below 7%	Common Equity Tier 1 ratio falls below 7%	Common Equity Tier 1 ratio falls below 7%
32	If write-down, full or partial	N/A	Partial	Partial	Partial
33	If write-down, permanent or temporary	N/A	Permanent	Permanent	Permanent
34	If temporary write-down, description of write-up mechanism	N/A	N/A	N/A	N/A
34a	Type of subordination	Statutory	Contractual	Contractual	Contractual
35	Position in subordination hierarchy in liquidation (specify instrument type	Perpetual Deeply Subordinated Write	Dated Subordinated Debt	Dated Subordinated Debt	Dated Subordinated Debt
	immediately senior to instrument in the insolvency creditor hierarchy of the legal	Down Securities
	entity concerned)
36	Non-compliant transitioned features	No	No	No	No
37	If yes, specify non-compliant features	N/A	N/A	N/A	N/A

Capital instruments main features template

1	Issuer	Barclays Bank Ireland PLC	Barclays Bank Ireland PLC	Barclays Bank Ireland PLC	Barclays Bank Ireland PLC
2	Unique identifier (eg CUSIP, ISIN or Bloomberg identifier for private placement)	N/A	N/A	N/A	N/A
3	Governing law(s) of the instrument	Irish	Irish	English	English
3a	Means by which enforceability requirement of Section 13 of the TLAC Term Sheet is	N/A	N/A	N/A	N/A
	achieved (for other TLAC-eligible instruments governed by foreign law)
4	Transitional Basel III rules	Additional Tier 1	Additional Tier 1	Tier 2	Tier 2
5	Post-transitional Basel III rules	Additional Tier 1	Additional Tier 1	Tier 2	Tier 2
6	Eligible at solo/group/group and solo	Solo	Solo	Solo	Solo
7	Instrument type (types to be specified by each jurisdiction)	Perpetual Deeply Subordinated Write	Perpetual Deeply Subordinated Write	Dated Subordinated Debt	Dated Subordinated Debt
		Down Securities	Down Securities
8	Amount recognised in regulatory capital (Currency in million, as of most recent	€85m	€75m	€375m	€56m
	reporting date)
9	Par value of instrument	€85m	€75m	€375m	€56m
10	Accounting classification	Shareholders' equity	Shareholders' equity	Liability - amortised cost	Liability - amortised cost
11	Original date of issuance	04/07/2019	27/09/2019	01/03/2019	08/03/2019
12	Perpetual or dated	Perpetual	Perpetual	Dated	Dated
13	Original maturity date	No maturity	No maturity	01/03/2029	08/03/2029
14	Issuer call subject to prior supervisory approval	Yes	Yes	Yes	Yes
15	Optional call date, contingent call dates and redemption amount	Optional call on 15/07/2024 at 100%.	Optional call on 27/09/2024 at 100%.	01/03/2024 at 100% plus tax and	08/03/2024 at 100% plus tax and
		Also tax and regulatory event calls	Also tax and regulatory event calls	regulatory event calls	regulatory event calls
16	Subsequent call dates, if applicable	Any Interest Payment Date	Any Interest Payment Date	Any Interest Payment Date	Any Interest Payment Date
	Coupons / dividends
17	Fixed or floating dividend/coupon	Floating	Floating	Floating	Floating
18	Coupon rate and any related index	1 month EURIBOR plus 6.24%	1 month EURIBOR plus 6.24%	1 month EURIBOR plus 4.04%	1 month EURIBOR plus 3.851%
19	Existence of a dividend stopper	No	No	No	No
20a	Fully discretionary, partially discretionary or mandatory (in terms of timing)	Fully discretionary	Fully discretionary	Mandatory	Mandatory
20b	Fully discretionary, partially discretionary or mandatory (in terms of amount)	Fully discretionary	Fully discretionary	Mandatory	Mandatory
21	Existence of step-up or other incentive to redeem	No	No	No	No
22	Non-cumulative or cumulative	Non-cumulative	Non-cumulative	Cumulative	Cumulative
23	Convertible or non-convertible	Non-convertible	Non-convertible	Non-convertible	Non-convertible
24	If convertible, conversion trigger(s)	N/A	N/A	N/A	N/A
25	If convertible, fully or partially	N/A	N/A	N/A	N/A
26	If convertible, conversion rate	N/A	N/A	N/A	N/A
27	If convertible, mandatory or optional conversion	N/A	N/A	N/A	N/A
28	If convertible, specify instrument type convertible into	N/A	N/A	N/A	N/A
29	If convertible, specify issuer of instrument it converts into	N/A	N/A	N/A	N/A
30	Write-down features	Yes	Yes	No	No
31	If write-down,write-down trigger(s)	Barclays Bank Ireland PLC Transitional	Barclays Bank Ireland PLC Transitional	N/A	N/A
		Common Equity Tier 1 ratio falls below 7%	Common Equity Tier 1 ratio falls below 7%
32	If write-down, full or partial	Partial	Partial	N/A	N/A
33	If write-down, permanent or temporary	Permanent	Permanent	N/A	N/A
34	If temporary write-down, description of write-up mechanism	N/A	N/A	N/A	N/A
34a	Type of subordination	Contractual	Contractual	Contractual	Contractual
35	Position in subordination hierarchy in liquidation (specify instrument type	Dated Subordinated Debt	Dated Subordinated Debt	Dated secondary non-preferential debt	Dated secondary non-preferential debt
	immediately senior to instrument in the insolvency creditor hierarchy of the legal
	entity concerned)
36	Non-compliant transitioned features	No	No	No	No
37	If yes, specify non-compliant features	N/A	N/A	N/A	N/A

Capital instruments main features template

1	Issuer	Barclays Bank Ireland PLC	Barclays Bank Ireland PLC	Barclays Bank Ireland PLC	Barclays Bank Ireland PLC
2	Unique identifier (eg CUSIP, ISIN or Bloomberg identifier for private placement)	N/A	N/A	N/A	N/A
3	Governing law(s) of the instrument	Irish	Irish	Irish	Irish
3a	Means by which enforceability requirement of Section 13 of the TLAC Term Sheet is	N/A	N/A	N/A	N/A
	achieved (for other TLAC-eligible instruments governed by foreign law)
4	Transitional Basel III rules	Tier 2	Tier 2	Eligible Liabilities	Eligible Liabilities
5	Post-transitional Basel III rules	Tier 2	Tier 2	Eligible Liabilities	Eligible Liabilities
6	Eligible at solo/group/group and solo	Solo	Solo	Solo	Solo
7	Instrument type (types to be specified by each jurisdiction)	Dated Subordinated Debt	Dated Subordinated Debt	Non-preferred senior unsecured debt	Non-preferred senior unsecured debt
8	Amount recognised in regulatory capital (Currency in million, as of most recent	€95m	€39m	€200m	€125m
	reporting date)
9	Par value of instrument	€95m	€39m	€200m	€125m
10	Accounting classification	Liability - amortised cost	Liability - amortised cost	Liability - amortised cost	Liability - amortised cost
11	Original date of issuance	22/03/2019	26/04/2019	13/12/2018	01/03/2019
12	Perpetual or dated	Dated	Dated	Dated	Dated
13	Original maturity date	22/03/2029	26/04/2031	13/12/2022	01/03/2024
14	Issuer call subject to prior supervisory approval	Yes	Yes	Yes	Yes
15	Optional call date, contingent call dates and redemption amount	22/03/2024 at 100% plus tax and	26/04/2026 at 100% plus tax and	100%	100%
		regulatory event calls	regulatory event calls
16	Subsequent call dates, if applicable	Any Interest Payment Date	Any Interest Payment Date	N/A	N/A
	Coupons / dividends
17	Fixed or floating dividend/coupon	Floating	Floating	Floating	Floating
18	Coupon rate and any related index	1 month EURIBOR plus 3.855%	1 month EURIBOR plus 3.32%	1 month EURIBOR plus 2.293%	1 month EURIBOR plus 1.79%
19	Existence of a dividend stopper	No	No	No	No
20a	Fully discretionary, partially discretionary or mandatory (in terms of timing)	Mandatory	Mandatory	Mandatory	Mandatory
20b	Fully discretionary, partially discretionary or mandatory (in terms of amount)	Mandatory	Mandatory	Mandatory	Mandatory
21	Existence of step-up or other incentive to redeem	No	No	No	No
22	Non-cumulative or cumulative	Cumulative	Cumulative	Cumulative	Cumulative
23	Convertible or non-convertible	Non-convertible	Non-convertible	Non-convertible	Non-convertible
24	If convertible, conversion trigger(s)	N/A	N/A	N/A	N/A
25	If convertible, fully or partially	N/A	N/A	N/A	N/A
26	If convertible, conversion rate	N/A	N/A	N/A	N/A
27	If convertible, mandatory or optional conversion	N/A	N/A	N/A	N/A
28	If convertible, specify instrument type convertible into	N/A	N/A	N/A	N/A
29	If convertible, specify issuer of instrument it converts into	N/A	N/A	N/A	N/A
30	Write-down features	No	No	No	No
31	If write-down,write-down trigger(s)	N/A	N/A	N/A	N/A
32	If write-down, full or partial	N/A	N/A	N/A	N/A
33	If write-down, permanent or temporary	N/A	N/A	N/A	N/A
34	If temporary write-down, description of write-up mechanism	N/A	N/A	N/A	N/A
34a	Type of subordination	Contractual	Contractual	Contractual	Contractual
35	Position in subordination hierarchy in liquidation (specify instrument type	Dated secondary non-preferential debt	Dated secondary non-preferential debt	Senior unsecured liabilities	Senior unsecured liabilities
	immediately senior to instrument in the insolvency creditor hierarchy of the legal
	entity concerned)
36	Non-compliant transitioned features	No	No	No	No
37	If yes, specify non-compliant features	N/A	N/A	N/A	N/A