Company: BRK-A
Filing Date: 2025-11-06
Form Type: 424B5
Source: 0001193125-25-267653
Chunk: 15

Company: BERKSHIRE HATHAWAY INC
Filing Date: 2025-11-06
Form: 424B5
Chunk 15
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 them on any securities exchange or automated quotation system. As a result, an active trading market for the notes may not develop, or if one does develop, it may not be sustained. If an active trading market fails to develop or cannot be sustained, you may not be able to resell your notes at their fair market value or at all. Increases in prevailing interest rates could adversely impact the trading price for the notes. The condition of the financial markets and prevailing interest rates have fluctuated in the past and are likely to fluctuate in the future, and increases in prevailing interest rates could have an adverse effect on the trading price of the notes. Holders of the notes may be subject to the effects of foreign currency exchange rate fluctuations, as well as possible exchange controls, relating to the yen . Investors will have to pay for the notes in yen. Principal and interest payments on the notes, including payments upon any redemption of the notes, are payable by us in yen. An investment in the notes which are denominated in, and all payments in respect of which are to be made in, a currency other than the currency of the country in which the purchaser is resident or the currency in which the purchaser conducts its business or activities (the home currency), entails significant risks not associated with a similar investment in a security denominated in the home currency. These include the possibility of:

| • |     | significant changes in rates of exchange between the holder’s home currency and the yen; |

| • |     | the imposition or modification of foreign exchange controls with respect to the yen; and |

| • |     | tax consequences for you as a result of any foreign exchange gains resulting from an investment in the notes. |

We have no control over a number of factors affecting this type of note, including economic, financial and political events that are important in determining the existence, magnitude and longevity of these risks and their results. In recent years, rates of exchange for certain currencies, including the yen, have been highly volatile, and this volatility may be expected to continue in the future. Fluctuations in any particular exchange rate that have occurred in the past are not necessarily indicative of fluctuations in the rate that may occur during the term of the notes. Depreciation of the yen against the holder’s home currency could result in a decrease in the effective yield of the notes below the applicable coupon rate, and in certain circumstances, could result in a loss to the holder on a home currency basis. S-7

This description of foreign currency risks does not describe all