Company: SCE-PL
Filing Date: 2025-09-08
Form Type: SF-1
Source: 0001193125-25-198426
Chunk: 38

Company: SOUTHERN CALIFORNIA EDISON Co
Filing Date: 2025-09-08
Form: SF-1
Chunk 38
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 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 undertakings as defined in Directive 2009/138/EC; (b) institutions for occupational retirement provision falling within the scope of Directive (EU) 2016/2341 (subject to certain exceptions), and certain investment
managers and authorized entities appointed by such institutions; (c) alternative investment fund managers as defined in Directive 2011/61/EU which manage and/or market alternative investment funds in the EU; (d) certain internally-managed
investment companies authorized in accordance with Directive 2009/65/EC (UCITS), and management companies as defined in that Directive; and (e) credit institutions and investment firms as defined in Regulation (EU) No 575/2013 (the EU CRR) (and. The EU Due Diligence Requirements also apply to investments by certain consolidated affiliates thereof, wherever established or located, of institutions or entities that are subject to the EU CRR) (each such entities or affiliates,
together with all institutional investors referred to in this paragraph, EU Institutional Investors).

Article 5 of the UK
Securitization Framework places certain conditions on investments in a “securitisation” as defined in the UK Securitization Framework (the UK Due Diligence Requirements and, together with the EU Due Diligence Requirements, the
Due Diligence Requirements (and references in this Registration Statement to “the applicable Due Diligence Requirements” shall mean such Due Diligence Requirements to which a particular Institutional Investor is subject)) by an
“institutional investor”,