What happens
Henry arrives at Southampton with his nobles and three traitors: Cambridge, Scroop, and Grey. He tests their loyalty by offering mercy to a man who cursed him, but they advise against it. Henry then reveals he knows of their conspiracy to assassinate him and accept French bribes. He condemns them to death, praising their outward show of loyalty while denouncing their hidden treachery as worse than any external enemy.
Why it matters
This scene marks the play's pivot from preparation to execution. Henry has moved from discussing French claims in abstract terms to facing concrete betrayal from men he trusted. The three traitors represent the internal threat that must be purged before Henry can credibly lead an army abroad. By discovering and punishing them before embarking, Henry eliminates the danger of mutiny or sabotage during the campaign. Scroop, in particular, wounds Henry deeply because he held the king's confidence—he "knew the very bottom of my soul." This betrayal allows Shakespeare to show Henry's capacity for cold justice alongside his earlier displays of mercy, establishing him as a ruler who can balance clemency with necessary severity.
Henry's long speech condemning Scroop reveals the play's central anxiety about the gap between appearance and reality in power. The three men look loyal, speak loyally, and seemed devoted—yet they plotted murder for gold. Henry recognizes this as a spiritual failing worse than mere physical treason: they corrupted trust itself. His refusal to be swayed by their outward virtue and his insistence that they be judged by law rather than clemency establishes a new moral order where Henry's justice is both merciful and absolute. The scene also confirms that Henry has moved beyond his youthful self; he can no longer afford friendship or sentiment. By the time he boards ship for France, his court has been purged of disloyalty, and his authority rests on fear as much as love.