Company: SOJE
Filing Date: 2025-02-26
Form Type: 424B2
Source: 0000092122-25-000026
Chunk: 15

Company: SOUTHERN CO
Filing Date: 2025-02-26
Form: 424B2
Chunk 15
---
 five consecutive Business Days immediately prior to the respective Reset Interest Determination Date appearing under the caption “Treasury Constant Maturities” as published in the most recent H.15.

If the Five-Year Treasury Rate cannot be determined pursuant to the method described above, the Calculation Agent, after consulting such sources as it deems comparable to any of the foregoing calculations, or any such source as it deems reasonable from which to estimate the Five-Year Treasury Rate, will determine the Five-Year Treasury Rate in its sole discretion, provided that if the Calculation Agent determines there is an industry-accepted successor Five-Year Treasury Rate, then the Calculation Agent will use such successor rate. If the Calculation Agent has determined a substitute or successor base rate in accordance with the foregoing, the Calculation Agent in its sole discretion may determine the business day convention, the definition of “Business Day” and the Reset Interest Determination Date to be used and any other relevant methodology for calculating such substitute or successor base rate, including any adjustment factor needed to make such substitute or successor base rate comparable to the Five-Year Treasury Rate, in a manner that is consistent with industry-accepted practices for such substitute or successor base rate. If the Five-Year Treasury Rate cannot be determined pursuant to the methods described

above, then the Five-Year Treasury Rate will be the same interest rate determined for the prior Reset Interest

Determination Date or, if the Five-Year Treasury Rate cannot be so determined as of the Reset Interest Determination

Date preceding the first Interest Reset Date, then the interest rate applicable for the Interest Reset Period beginning on

and including the first Interest Reset Date will be deemed to be 6.375% per annum, which is the same interest rate as in

effect from and including the original issue date to, but excluding, the first Interest Reset Date.

“H.15” means the daily statistical release designated as such, or any successor publication as determined by the Calculation Agent in its sole discretion, published by the Federal Reserve Board, and “most recent H.15” means the H.15 published closest in time but prior to the close of business on the applicable Reset Interest Determination Date.

“Interest Reset Date” means March 15, 2035 and each date falling on the five-year anniversary of the preceding Interest Reset Date.

“Interest Reset Period” means the period from and including March 15, 2035 to, but not including, the next following Interest Reset Date and thereafter each period from and including each Interest Reset Date to, but not including, the next following Interest