Company: SOJE
Filing Date: 2025-02-25
Form Type: 424B5
Source: 0000092122-25-000022
Chunk: 35

Company: SOUTHERN CO
Filing Date: 2025-02-25
Form: 424B5
Chunk 35
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 sale of the Series 2025B Junior Subordinated Notes (not including the underwriting discount) are estimated to be $ .

The Company has agreed with the Underwriters that, during the period of 15 days from the date of the Underwriting

<div align='center'>S-22</div>

Agreement, it will not sell, offer to sell, grant any option for the sale of, or otherwise dispose of any Series 2025B Junior Subordinated Notes, any security convertible into, exchangeable into or exercisable for the Series 2025B Junior Subordinated Notes or any debt securities substantially similar to the Series 2025B Junior Subordinated Notes (except for the Series 2025B Junior Subordinated Notes issued pursuant to the Underwriting Agreement ), without the prior written consent of the Representatives. This agreement does not apply to issuances of (i) commercial paper or other debt securities with scheduled maturities of less than one year or (ii) any Senior Indebtedness.

In order to facilitate the offering of the Series 2025B Junior Subordinated Notes, the Underwriters may engage in transactions that stabilize, maintain or otherwise affect the price of the Series 2025B Junior Subordinated Notes. Specifically, the Underwriters may over-allot in connection with this offering, creating short positions in the Series 2025B Junior Subordinated Notes for their own accounts. In addition, to cover over-allotments or to stabilize the price of the Series 2025B Junior Subordinated Notes, the Underwriters may bid for, and purchase, Series 2025B Junior Subordinated Notes in the open market. Finally, the Underwriters may reclaim selling concessions allowed to the Underwriters or dealers for distributing Series 2025B Junior Subordinated Notes in this offering, if the Underwriters repurchase previously distributed Series 2025B Junior Subordinated Notes in transactions to cover short positions, in stabilization transactions or otherwise. Any of these activities may stabilize or maintain the market price of the Series 2025B Junior Subordinated Notes above independent market levels. The Underwriters are not required to engage in these activities and may end any of these activities at any time without notice.

In general, purchases of a security for the purpose of stabilization or to reduce a short position could cause the price of the security to be higher than it might be in the absence of such purchases. The imposition of a penalty bid might also have an effect on the price of a security to the extent that it were to discourage res