Company: GOOGL
Filing Date: 2025-04-28
Form Type: 424B5
Source: 0001193125-25-098380
Chunk: 13

Company: Alphabet Inc.
Filing Date: 2025-04-28
Form: 424B5
Chunk 13
---
 creditor of any of our subsidiaries, our rights as a creditor would be subordinate to any security interest in the assets of our subsidiaries and any indebtedness of our subsidiaries senior to that held by us.

S-7

The terms of the indenture and the notes provide only limited protection against significant corporate events and other actions we may take that could adversely impact your investment in the notes. While the indenture and the notes contain terms intended to provide protection to the holders of the notes upon the occurrence of certain events involving significant corporate transactions, such terms are limited and may not be sufficient to protect your investment in the notes. The indenture for the notes does not:

| • |     | require us to maintain any financial ratios or specific levels of net worth, revenues, income, cash flow or 
 liquidity;                                                                                                  |

| • |     | limit our ability to incur indebtedness that is secured, senior to or equal in right of payment to the notes, or 
 to engage in sale/leaseback transactions;                                                                        |

| • |     | restrict our subsidiaries’ ability to issue securities or otherwise incur indebtedness that would be senior 
 to our equity interests in our subsidiaries and therefore rank effectively senior to the notes;             |

| • |     | restrict our ability to repurchase or prepay any other of our securities or other indebtedness; |

| • |     | restrict our ability to make investments or to repurchase or pay dividends or make other payments in respect of 
 our common stock, capital stock or other securities ranking junior to the notes;                                |

| • |     | restrict our ability to enter into highly leveraged transactions; or |

| • |     | require us to repurchase the notes in the event of a change in control. |

As a result of the foregoing, when evaluating the terms of the notes, you should be aware that the terms of the indenture and the notes do not restrict our ability to engage in, or to otherwise be a party to, a variety of corporate transactions, circumstances and events that could have an adverse impact on your investment in the notes. Our credit ratings may not reflect all risks of your investments in the notes. Our credit ratings are an assessment by rating agencies of our ability to pay our debts when due. Consequently, real or anticipated changes in our credit ratings will generally affect the market value of the notes. These credit ratings may not reflect the potential impact of risks relating to the structure or marketing of the notes. Agency ratings are not a recommendation to buy, sell or hold any security,