Company: SOJE
Filing Date: 2025-11-04
Form Type: 424B2
Source: 0000092122-25-000092
Chunk: 28

Company: SOUTHERN CO
Filing Date: 2025-11-04
Form: 424B2
Chunk 28
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 notes). See “What is a remarketing?” above.

When will the interest rate on the RSNs be reset and what is the reset rate or reset spread?

The interest rate on each series of RSNs may be reset in connection with a successful remarketing as described above under “What is an optional remarketing?” and “What is a final remarketing?”. In connection with the remarketing, the Company may elect to remarket each series of RSNs as fixed-rate notes or floating-rate notes. The “reset rate” (for any series of RSNs that the Company elects to remarket as fixed-rate notes) and the “reset spread” (for any series of RSNs that the Company elects to remarket as floating-rate notes) will be the interest rate or spread determined by the remarketing agent, in consultation with the Company, as the rate or spread, as the case may be, that each series of RSNs should bear in order for the remarketing agent to remarket the RSNs of each series on the remarketing date for a price that results in aggregate proceeds of at least 100% of the Treasury portfolio purchase price plus the separate RSNs purchase price, if any, in the case of an optional remarketing, or at least 100% of the aggregate principal amount of each series of RSNs being offered in the remarketing, in the case of a final remarketing. In any case, the reset rate (for any series of RSNs remarketed as fixed-rate notes) or the applicable interest rate index plus the reset spread (for any series of RSNs remarketed as floating-rate notes), as applicable, may be higher or lower than the initial interest rate on such series of RSNs depending on the results of the remarketing and market conditions at that time. The interest rates on the RSNs will not be reset if there is not a successful remarketing and each series of RSNs will continue to bear interest at the applicable initial interest rate. Any reset rate or applicable interest rate index plus the reset spread, as the case may be, will not exceed the maximum rate permitted by applicable law.

#### When may the RSNs be redeemed?
The Series 2025B RSNs shall not be subject to optional redemption at any time. The Company may redeem the Series 2025C RSNs at its option only if there has been a failed final remarketing. In that event, any Series 202