Company: EAI
Filing Date: 2025-08-06
Form Type: S-3ASR
Source: 0001193125-25-174487
Chunk: 76

Company: ENTERGY ARKANSAS, LLC
Filing Date: 2025-08-06
Form: S-3ASR
Chunk 76
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 Mortgage, subject to property additions and other limitations of the ELL Mortgage. ELL Class A Bonds may be issued from time to time under the ELL Mortgage on the basis of:

| • |     | 80% of the cost or fair value, whichever is less, of unfunded property additions after adjustments to offset 
 retirements;                                                                                                 |

| • |     | retirements of bonds issued under the ELL Mortgage or qualified lien bonds; or |

| • |     | deposit of cash with the trustee under the ELL Mortgage. |

Property additions under the ELL Mortgage generally include the Mortgaged Property that was acquired by us after December 31, 1943, and was owned by us just before the merger of EGSP LLC into us, together with 10

replacements, additions and extensions of or to such property acquired by us. Unfunded property additions are generally those that have not been used under the ELL Mortgage to issue bonds, release property, withdraw cash or replace retired property that has been used for such purposes. There is no “earnings” or similar test required under the ELL Mortgage as a condition to the issuance of ELL Class A Bonds under the ELL Mortgage. As of June 30, 2025, we could have issued approximately $2,792 million principal amount of ELL Class A Bonds under the ELL Mortgage on the basis of retired bonds, and we had approximately $956 million of unfunded property additions, entitling us to issue approximately $764 million principal amount of additional ELL Class A Bonds under the ELL Mortgage on the basis of property additions. As of June 30, 2025, we could have issued approximately $3,556 million in principal amount of Collateral Trust Mortgage Bonds on the basis of ELL Class A Bonds. As of June 30, 2025, we had approximately $6,750 million principal amount of ELL Class A Bonds outstanding under the ELL Mortgage. As of June 30, 2025, we had approximately $3,894 million of unfunded Property Additions under the Mortgage, entitling us to issue approximately $2,726 million principal amount of Collateral Trust Mortgage Bonds on the basis of Property Additions. As of June 30, 2025, we were not entitled to issue any Collateral Trust Mortgage Bonds on the basis of Retired Securities. Class A Bonds, Property Additions and cash used as a basis for the issuance of Collateral Trust Mortgage