EXHIBIT 99.1

CAPITALISATION

The following table shows the capitalisation and indebtedness of Lloyds Banking Group plc together with its subsidiaries (the Group) on a consolidated basis as at 30 June 2026. In accordance with IFRS, certain preference shares are classified as debt and are included in subordinated liabilities in the table below.

Capitalisation			At 30 Jun 2026 £m
Equity
Ordinary shareholders’ equity			41,461
Other equity instruments			5,551
Non-controlling interests			225
Total equity			47,237
Indebtedness
Subordinated liabilities			9,235
Debt securities
Debt securities in issue at amortised cost			90,853
Liabilities designated at fair value through profit or loss			4,238
Total debt securities			95,091
Total indebtedness			104,326
Total capitalisation and indebtedness			151,563

Excluding indebtedness issued under government-guaranteed funding programmes, none of the indebtedness set forth above is guaranteed by persons other than members of the Group. As of 30 June 2026, all indebtedness was unsecured except for £19.8 billion of securitisation notes and covered bonds and £1.4 billion of debt securities issued by the Group’s asset-backed conduits.

There have been no issuances or redemptions of subordinated liabilities, debt securities or other equity instruments since 30 June 2026.

There has been no material change in the information set forth in the table above since 30 June 2026.