Company: SCE-PL
Filing Date: 2025-10-28
Form Type: SF-1/A
Source: 0001193125-25-253849
Chunk: 36

Company: SOUTHERN CALIFORNIA EDISON Co
Filing Date: 2025-10-28
Form: SF-1/A
Chunk 36
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 fixed recovery charges. If those
adjustments are not timely and accurate, you might experience a delay in payments of principal and interest and a decrease in the value of your investment in the bonds.

Regulatory provisions affecting certain investors could adversely affect the liquidity of the bonds

Prospective investors in the bonds should be aware of Regulation (EU) 2017/2402 of the European Parliament and of the council of
December 12, 2017 (as amended, the EU Securitization Regulation) which has direct effect in member states of the European Union (EU), is expected to be implemented in other countries in the European Economic Area (EEA), and
applies to certain EU-regulated investors. Prospective investors in the bonds should also be aware that following the withdrawal of the United Kingdom (UK) from the EU and the termination of the
Transition Period, the EU Securitization Regulation has been transposed into UK law by virtue of the European Union Withdrawal Act 2018 (as amended) (the EUWA) subject to amendments pursuant to the Securitisation (Amendment) (EU Exit)
Regulations 2019 (and as may be further amended, supplemented or replaced, from time to time, together, the UK Securitization Regulation), thereby imposing mostly equivalent requirements (subject to some differences) to the EU Securitization
Regulation on certain UK-regulated investors. Prospective investors in the Bonds should also be aware of the framework for the regulation of securitizations in the UK, which comprises (A) the UK
Securitisation Regulations 2024 (the UK Securitization Framework), (B) the securitisation sourcebook of the handbook of rules and guidance adopted by the UK Financial Conduct Authority (FCA), (C) the Securitisation Part of the rulebook
of published policy of the Prudential Regulation Authority (PRA) of the Bank of England, and (D) relevant provisions of the Financial Services and Markets Act 2000 (each as amended, supplemented or replaced from time to time).

Article 5 of the EU Securitization Regulation places certain conditions on investments in a “securitisation” as defined in the EU
Securitization Regulation (the EU Due Diligence Requirements) by an EU-regulated “institutional investor”, defined in the EU Securitization Regulation to include: (a) insurance
undertakings and reinsurance undertak