Company: EAI
Filing Date: 2025-08-06
Form Type: S-3ASR
Source: 0001193125-25-174487
Chunk: 172

Company: ENTERGY ARKANSAS, LLC
Filing Date: 2025-08-06
Form: S-3ASR
Chunk 172
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 during the continuance of an event of default under the mortgage; |

| • |     | we shall have delivered to the trustee an officer’s certificate and an opinion of counsel as provided in the 
 mortgage; and                                                                                                |

| • |     | immediately after giving effect to such transaction (and treating any debt that becomes an obligation of the                                                                                                                                            
 successor entity as a result of such transaction as having been incurred by the successor entity at the time of such transaction), no event of default under the mortgage, or event which, after notice or lapse of time or both, would become an event 
 of default under the mortgage, shall have occurred and be continuing.                                                                                                                                                                                   |

(Mortgage, Section 1201.) In the case of the conveyance or other transfer of the Mortgaged Property as, or substantially as, an entirety to another entity, upon the satisfaction of all the conditions described above, we would be released and discharged from all our obligations and covenants under the mortgage and on the first mortgage bonds then outstanding unless we elect to waive such release and discharge. (Mortgage, Section 1204.) The mortgage does not prevent or restrict:

| • |     | any conveyance or other transfer, or lease, of any part of the Mortgaged Property that does not constitute the 
 entirety, or substantially the entirety, of the Mortgaged Property; or (Mortgage, Section 1205.)               |

| • |     | any conveyance, transfer or lease of any of our properties where we retain Mortgaged Property with a fair value                                                                                                                                           
 in excess of 143% of the aggregate principal amount of all outstanding first mortgage bonds and any other outstanding debt secured by a Purchase Money Lien that ranks equally with, or senior to, the first mortgage bonds with respect to the Mortgaged 
 Property. This fair value will be determined within 90 days of the conveyance, transfer or lease by an independent expert that we select. (Mortgage, Section 1206.)                                                                                       |

Although the successor entity may, in its sole discretion, subject to the lien of the mortgage property then owned or thereafter acquired by the successor entity, the lien of the mortgage generally will not cover the property of the successor entity other than the mortgaged property it acquires from us and improvements, extensions and additions to such property and renewals, replacements and substitutions thereof, within the meaning of the mortgage. (Mortgage, Section 1203.) The terms of the mortgage do not