Company: SREA
Filing Date: 2025-08-27
Form Type: 424B2
Source: 0001193125-25-189685
Chunk: 33

Company: SEMPRA
Filing Date: 2025-08-27
Form: 424B2
Chunk 33
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 all obligations of the type referred to in clauses (i) through (iv) above of other persons for the payment of which Sempra is responsible or
liable as obligor, guarantor or otherwise, except for any obligations, instruments or agreements of the type referred to in any of clauses (i) through (v) above that, by the terms of the instruments or agreements creating or evidencing the same
or pursuant to which the same is outstanding, are subordinated or equal in right of payment to the notes.

For purposes of the indenture
and anything therein to the contrary notwithstanding, the notes shall rank equally in right of payment with the Other Junior Subordinated Notes (as defined below), the Other Junior Subordinated Notes shall not constitute Senior Indebtedness with
respect to the notes, and the notes shall not constitute Senior Indebtedness with respect to the Other Junior Subordinated Notes.

“Other Junior Subordinated Notes” means Sempra’s 4.125%
Fixed-to-Fixed Reset Rate Junior Subordinated Notes due 2052 issued on November 19, 2021, 6.400%
Fixed-to-Fixed Reset Rate Junior Subordinated Notes due 2054 issued on September 9, 2024, 6.875%
Fixed-to-Fixed Reset Rate Junior Subordinated Notes due 2054 issued on March 14, 2024 and May 31, 2024, 6.625% Fixed-to-Fixed Reset Rate Junior Subordinated Notes due 2055 issued on November 21, 2024, 6.550% Fixed-to-Fixed Reset Rate
Junior Subordinated Notes due 2055 issued on November 21, 2024, and 5.750% Junior Subordinated Notes due 2079 issued on June 26, 2019, each of which constitute a separate series of our debt securities under the indenture, together with any
additional debt securities of the same series which may in the future be issued under the indenture upon any re-opening of such series.

Due to the subordination of the notes, if assets of Sempra are distributed upon its dissolution,
winding-up, liquidation or reorganization, holders of its Senior Indebtedness and other indebtedness and obligations that are not equal or junior to the notes in right of payment will likely recover more,
ratably, than holders of the notes, and it is possible that no payments will be made to the holders of the notes. The subordination provisions described