Lloyds Banking Group(US:LYG)2026-02-13 13:08Financial Performance and Reporting - The Company received $1,841,816 in fees from the depositary for annual stock exchange listing fees and maintenance costs related to the ADSs in 2025[241]. - Deloitte LLP issued an unqualified opinion on the Company's consolidated financial statements for the year ended December 31, 2025[258]. - The Company has not experienced any defaults, dividend arrearages, or delinquencies during the reporting period[243]. Internal Control and Governance - As of December 31, 2025, the Company's internal control over financial reporting was assessed as effective based on COSO criteria[254]. - There have been no changes in the Company's internal control over financial reporting that materially affected its effectiveness during 2025[251]. - The Company’s internal control over financial reporting includes policies ensuring accurate record maintenance and timely detection of unauthorized asset use[253]. - The Company’s disclosure controls and procedures were deemed effective for gathering and analyzing required information as of December 31, 2025[250]. Corporate Governance - The Board is committed to high standards of corporate governance, complying with the UK Corporate Governance Code throughout 2025[247]. - The Audit Committee financial expert is Sarah Legg, with all members qualifying as independent under applicable standards[264]. Reimbursement and Expenses - The depositary has agreed to reimburse the Company for maintenance expenses incurred for the ADS program, including costs for mailing financial reports and distributing dividends[242].