Company: SCE-PL
Filing Date: 2025-09-08
Form Type: SF-1
Source: 0001193125-25-198426
Chunk: 77

Company: SOUTHERN CALIFORNIA EDISON Co
Filing Date: 2025-09-08
Form: SF-1
Chunk 77
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| • |     | pledging our interest in recovery property and other collateral to a trustee under one or more indentures and one                                                                                               
 or more series supplements in order to secure a series of recovery bonds, including the Series 2021-A Bonds, the Series 2022-A Bonds, the Series 2023-A Bonds, the bonds and any additional recovery bonds; and |

| • |     | performing other activities that are necessary, suitable or convenient to accomplish these purposes. |

Our limited liability company agreement does not permit us to engage in any activities not directly related to these purposes, including issuing securities (other than the bonds and any additional recovery bonds), borrowing money or making loans to other persons. The list of permitted activities set forth in our limited liability company agreement may not be altered, amended or repealed without the affirmative vote of a majority of our managers, which vote must include the affirmative vote of our independent manager(s). Our limited liability company agreement and the indenture will prohibit us from issuing any recovery bonds (as such term is defined in the Wildfire Financing Law), other than the bonds that we will offer pursuant to this prospectus and any additional recovery bonds issued by us pursuant to a separate financing order and secured by separate recovery property. Please read “ Security for the Bonds—Issuance of Additional Recovery Bonds” and “— Allocations as Between Series of Recovery Bonds” in this prospectus. Our Relationship with SCE On the issue date for the bonds, SCE will sell recovery property to us pursuant to a sale agreement between us and SCE. SCE will service the recovery property pursuant to a servicing agreement between us and SCE and will provide administrative services to us pursuant to an administration agreement between us and SCE. Our Management Pursuant to our limited liability company agreement, our business is managed by three or more managers, at least one of whom is an independent manager, in each case appointed from time to time by SCE or, in the event that SCE transfers its interest in us, by our owner or owners. At all times, we will have at least one independent manager, who among other things, must be a natural person who, for the five-year period prior to his or her appointment as an independent manager has not been and during the continuation of his or her service as independent manager is not:

| • |     | Our employee, director, stockholder, manager, partner, agent, consultant, attorney, accountant, advisor or                                                                                                   
 officer or an employee, director, manager, stockholder, partner