Strategic Shareholder Climate and Risk Financial Financial Barclays PLC 523 report information sustainability report Governance review review statements Annual Report 2022 Notes to the financial statements (continued) Other disclosure matters Notes Forward-looking statements The terms Barclays or Group refer to Barclays PLC together with This document contains certain forward-looking statements its subsidiaries. Unless otherwise stated, the income statement within the meaning of Section 21E of the US Securities analysis compares the year ended 31 December 2022 to the Exchange Act of 1934, as amended, and Section 27A of the US corresponding twelve months of 2021 and balance sheet Securities Act of 1933, as amended, with respect to the Group. analysis as at 31 December 2022 with comparatives relating to Barclays cautions readers that no forward-looking statement is 31 December 2021.The historical financial information used for a guarantee of future performance and that actual results or the purposes of such analysis has been restated..The other financial condition or performance measures could differ abbreviations ‘£m’ and ‘£bn’ represent millions and thousands of materially from those contained in the forward-looking millions of Pounds Sterling respectively; the abbreviations ‘$m’ statements. Forward-looking statements can be identified by and ‘$bn’ represent millions and thousands of millions of US the fact that they do not relate only to historical or current facts. Dollars respectively; and the abbreviations ‘€m’ and ‘€bn’ Forward-looking statements sometimes use words such as represent millions and thousands of millions of Euros ‘may’, ‘will’, ‘seek’, ‘continue’, ‘aim’, ‘anticipate’, ‘target’, respectively. ‘projected’, ‘expect’, ‘estimate’, ‘intend’, ‘plan’, ‘goal’, ‘believe’, ‘achieve’ or other words of similar meaning. Forward-looking There are a number of key judgement areas, for example statements can be made in writing but also may be made impairment calculations, which are based on models and which verbally by directors, officers and employees of the Group are subject to ongoing adjustment and modifications. Reported (including during management presentations) in connection with numbers reflect best estimates and judgements at the given this document. Examples of forward-looking statements point in time. include, among others, statements or guidance regarding or Relevant terms that are used in this document but are not relating to the Group’s future financial position, income levels, defined under applicable regulatory guidance or International costs, assets and liabilities, impairment charges, provisions, Financial Reporting Standards (IFRS) are explained in the results capital, leverage and other regulatory ratios, capital distributions glossary that can be accessed at home.barclays/ investor- (including dividend policy and share buybacks), return on tangible relations/reports-and-events/latest-financial-results. equity, projected levels of growth in banking and financial markets, industry trends, any commitments and targets The information in this document, which was approved by the (including environmental, social and governance (ESG) Board of Directors on 14 February 2023, does not comprise commitments and targets), business strategy, plans and statutory accounts within the meaning of Section 434 of the objectives for future operations and other statements that are Companies Act 2006. Statutory accounts for the year ended 31 not historical or current facts. By their nature, forward-looking December 2022, which contain an unmodified audit report statements involve risk and uncertainty because they relate to under Section 495 of the Companies Act 2006 (which does not future events and circumstances. Forward-looking statements make any statements under Section 498 of the Companies Act speak only as at the date on which they are made. Forward- 2006), will be delivered to the Registrar of Companies in looking statements may be affected by a number of factors, accordance with Section 441 of the Companies Act 2006. including, without limitation: changes in legislation, regulation These results will be filed on a Form 20-F with the US Securities and the interpretation thereof, changes in IFRS and other and Exchange Commission (SEC) as soon as practicable accounting standards, including practices with regard to the following their publication. Once filed with the SEC, a copy of the interpretation and application thereof and emerging and Form 20-F will be available from the Barclays Investor Relations developing ESG reporting standards; the outcome of current website at home.barclays/annualreport and from the SEC’s and future legal proceedings and regulatory investigations; the website at www.sec.gov. policies and actions of governmental and regulatory authorities; the Group’s ability along with governments and other Barclays is a frequent issuer in the debt capital markets and stakeholders to measure, manage and mitigate the impacts of regularly meets with investors via formal road-shows and other climate change effectively; environmental, social and ad hoc meetings. Consistent with its usual practice, Barclays geopolitical risks and incidents and similar events beyond the expects that from time to time over the coming quarter it will Group’s control; the impact of competition; capital, leverage and meet with investors globally to discuss these results and other other regulatory rules applicable to past, current and future matters relating to the Group. periods; UK, US, Eurozone and global macroeconomic and Non-IFRS performance measures business conditions, including inflation; volatility in credit and Barclays’ management believes that the non-IFRS performance capital markets; market related risks such as changes in interest measures included in this document provide valuable rates and foreign exchange rates; higher or lower asset information to the readers of the financial statements as they valuations; changes in credit ratings of any entity within the enable the reader to identify a more consistent basis for Group or any securities issued by it; changes in counterparty risk; comparing the businesses’ performance between financial changes in consumer behaviour; the direct and indirect periods and provide more detail concerning the elements of consequences of the conflict in Ukraine on European and global performance which the managers of these businesses are most macroeconomic conditions, political stability and financial directly able to influence or are relevant for an assessment of markets; direct and indirect impacts of the coronavirus the Group. They also reflect an important aspect of the way in (COVID-19) pandemic; instability as a result of the UK’s exit from which operating targets are defined and performance is the European Union (EU), the effects of the EU-UK Trade and monitored by Barclays’ management. However, any non-IFRS Cooperation Agreement and any disruption that may performance measures in this document are not a substitute for subsequently result in the UK and globally; the risk of cyber- IFRS measures and readers should consider the IFRS measures attacks, information or security breaches or technology failures as well. Refer to pages 392 to 396 for further information and on the Group’s reputation, business or operations; the Group’s calculations of non-IFRS performance measures included ability to access funding; and the success of acquisitions, throughout this document, and the most directly comparable disposals and other strategic transactions. A number of these IFRS measures. factors are beyond the Group’s control. As a result, the Group’s actual financial position, results, financial and non-financial metrics or performance measures or its ability to meet commitments and targets may differ materially from the statements or guidance set forth in the Group’s forward-looking statements. Additional risks and factors which may impact the Group’s future financial condition and performance are identified in the description of material existing and emerging risks on pages 269 to 281 of this Annual Report. Subject to Barclays PLC’s obligations under the applicable laws and regulations of any relevant jurisdiction (including, without limitation, the UK and the US) 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. 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