Company: SCE-PL
Filing Date: 2025-03-13
Form Type: 424B5
Source: 0001193125-25-053812
Chunk: 53

Company: SOUTHERN CALIFORNIA EDISON Co
Filing Date: 2025-03-13
Form: 424B5
Chunk 53
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 and discharge will not be a taxable event for the holders of the senior debt securities. Defeasance of Subordinated Debt Securities.The subordinated indenture provides, unless the terms of the particular series of subordinated debt securities provide otherwise, that upon satisfying several conditions we may cause ourselves to be:

| • |     | discharged from our obligations, with some exceptions, as to any series of subordinated debt securities, which we 
 refer to as “defeasance;” and                                                                                     |

| • |     | released from our obligations under specified covenants as to any series of subordinated debt securities, which 
 we refer to as “covenant defeasance.”                                                                           |

The conditions that we must satisfy for either a defeasance or a covenant defeasance of a series of subordinated debt securities include:

| • |     | the irrevocable deposit with the indenture trustee, in trust, of money and/or government obligations which,                                                                                                                                        
 through the scheduled payment of principal and interest on those obligations, would provide sufficient moneys to pay principal, premium and interest on the subordinated debt securities on the maturity dates of the payments or upon redemption; |

| • |     | there is no event of default under the subordinated indenture at the time of such deposit or, as to defaults 
 related to bankruptcy or similar proceedings, within 90 days after the deposit;                              |

| • |     | notice of redemption of the subordinated debt securities has been given or provided for, if the subordinated debt                       
 securities are to be redeemed before their stated maturity (other than from mandatory sinking fund payments or analogous payments); and |

| • |     | we have delivered to the indenture trustee an officer’s certificate and an opinion of counsel each stating 
 that all conditions to the defeasance or covenant defeasance have been complied with.                      |

The discharge of our obligations through a defeasance or covenant defeasance does not discharge the rights of the holders of the defeased subordinated debt securities to receive payments of principal, premium and interest from the trust funds when due, or our obligations to register the transfer or exchange of subordinated debt securities, replace stolen, lost or mutilated subordinated debt securities, maintain paying agencies and hold monies for payment in trust. The subordinated indenture permits defeasance as to any series of subordinated debt securities even if a prior covenant defeasance has occurred as to the subordinated debt securities of that series. Following a defeasance