Company: ELV
Filing Date: 2025-09-09
Form Type: 424B3
Source: 0001193125-25-199226
Chunk: 15

Company: Elevance Health, Inc.
Filing Date: 2025-09-09
Form: 424B3
Chunk 15
---
 exhibit to our Current Report on Form 8-K filed on November 21, 2017. The indenture and the notes are governed by New York law.

Because this section is a summary, it does not describe every aspect of the notes and the indenture. This description is subject to, and
qualified in its entirety by, all the provisions of the indenture, including definitions of certain terms used in the indenture. For example, in this section we use capitalized words to signify defined terms that have been given special meaning in
the indenture. We describe the meaning for only the more important terms. We urge you to read the indenture and the notes because they, and not this description, define your rights as a holder of the notes.

Terms of the Notes

The 2028 notes will
mature on September 15, 2028, the 2032 notes will mature on September 15, 2032, the 2036 notes will mature on January 15, 2036, and the 2055 notes will mature on September 15, 2055. The notes will be our unsecured and
unsubordinated obligations and will rank equally with all of our other unsecured and unsubordinated indebtedness from time to time outstanding. No sinking fund will be provided with respect to the notes. The notes will not be convertible or
exchangeable for other securities or property. No additional amounts will be payable with respect to the notes.

Each series of notes will
be issued in fully registered form only, in minimum denominations of $1,000 or an integral multiple thereof. Each series of notes will be issued in the form of one or more Global Securities, without coupons, which will be deposited initially with,
or on behalf of, DTC.

We will pay interest on the 2028 notes, the 2032 notes and the 2055 notes from September 15, 2025 or from the
most recent Interest Payment Date to which interest has been paid or duly provided for, semi-annually in arrears on March 15 and September 15 of each year, commencing March 15, 2026. We will pay interest on the 2036 notes from
September 15, 2025 or from the most recent Interest Payment Date to which interest has been paid or duly provided for, semi-annually in arrears on January 15 and July 15 of each year, commencing January 15, 2026.