ESG Bonds - 2018 Ernst & Young LLP Conditions of Access

Ernst & Young LLP (‘EY’) has been requested by Lloyds Bank plc (the ‘Bank’) to provide you with a copy of the report we prepared, on their instructions, on information set out within Lloyds Bank plc’s Environmental Social Governance Annual Investor Report as at 31 December 2018 (‘the Report’).

The Report was prepared solely for the use of the Bank and addressed issues specific to them. Accordingly, we may not have addressed issues of relevance to you (the ‘Recipient’). Further, the Report was concluded on 28 February 2019, and we have not undertaken any further work since that time. Material events may therefore have occurred which will not be reflected in the Report.

Whilst we are prepared to provide a copy of the Report to the Recipient, it is only on the basis that the Recipient acknowledges and agrees that:

  1. no EY Person accepts any responsibility nor shall have any liability in contract, tort or otherwise to any Recipient or any other third party in relation to the contents of the Report;
  2. any use a Recipient makes of the Report is entirely at its/his/her own risk;
  3. no Recipient shall disclose all or any part of the Report to any other person, by any means, or refer to EY or any EY Person in connection with the Report;
  4. to the fullest extent permitted by applicable law and professional regulations the Recipient shall indemnify the EY Persons against all claims by third parties and resulting liabilities, losses, damages, costs and expenses (including reasonable external and internal legal costs) arising out of a third party’s use of or reliance on the Report disclosed to it by or through a Recipient or at a Recipient’s request; and
  5. EY Persons shall be entitled to enforce these terms and conditions in accordance with the Contracts (Rights of Third Parties) Act 1999.

This agreement and any dispute or claim (including non-contractual disputes or claims) arising out of or in connection with it or its subject matter or formation shall be governed by and construed in accordance with the law of England and Wales.

Each party irrevocably agrees that the courts of England and Wales shall have exclusive jurisdiction to settle any dispute or claim (including non-contractual disputes or claims) arising out of or in connection with this agreement or its subject matter or formation.

For the purposes of this agreement ‘EY Person’ shall mean Ernst & Young LLP, any other member of the global network of Ernst & Young firms and any of their respective subcontractors, members, shareholders, directors, officers, partners, principals or employees (including but not limited to employees of Ernst & Young Services Limited). ‘EY Person’ shall be construed accordingly.

If you wish to access the Report you should confirm your acceptance of and agreement to the terms of this agreement by clicking on the ‘I AGREE’ button below.

By clicking on the ‘I AGREE’ button you signify that you agree to be bound by these terms and conditions. You confirm that you are authorised to enter into this agreement on behalf of you and your employer and that once you click on the ‘I AGREE’ button below this agreement is legally binding on, and enforceable. Such acceptance and agreement shall be deemed to be as effective as a written signature provided manually by you, for and on behalf of you, and shall be deemed to satisfy any requirements of any applicable law to create a legally enforceable contract, notwithstanding that the agreement is written and accepted electronically.