Company: ELV
Filing Date: 2025-09-08
Form Type: 424B3
Source: 0001193125-25-197796
Chunk: 66

Company: Elevance Health, Inc.
Filing Date: 2025-09-08
Form: 424B3
Chunk 66
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 value, none of which is issued or outstanding. Our board of directors may issue from time to time shares of preferred stock in one or more series and with the relative powers, rights and preferences and for the consideration our board of directors may determine. Our board of directors may, without further action of the shareholders, determine and set forth in an amendment to our articles of incorporation the following for each series of preferred stock:

| • |     | the serial designation and the number of shares in that series; |

| • |     | the dividend rate or rates, whether dividends shall be cumulative and, if so, from what date, the payment date or   
 dates for dividends, and any rights of priority or participating or other special rights with respect to dividends; |

| • |     | any voting rights of the shares; |

| • |     | whether the shares will be redeemable or convertible and, if so, the price or prices at which, and the terms and 
 conditions on which the shares may be redeemed or converted;                                                     |

| • |     | the amount or amounts payable upon the shares in the event of voluntary or involuntary liquidation, dissolution                                    
 or winding up of us prior to any payment or distribution of our assets to any class or classes of our stock ranking junior to the preferred stock; |

| • |     | whether the shares will be entitled to the benefit of a sinking fund and, if so entitled, the amount of the fund                                       
 and the manner of its application, including the price or prices at which the shares may be redeemed or purchased through the application of the fund; |

| • |     | whether the shares will be subject to any restrictions on the issue of additional shares in addition to those 
 restrictions already provided for in our articles of incorporation; and                                       |

| • |     | any other preferences, privileges and powers, and relative, participating, optional, or other special rights, and                                                                
 qualifications, limitations or restrictions, as our board of directors may deem advisable and as shall not be inconsistent with the provisions of our articles of incorporation. |

Depending on the rights prescribed for a series of preferred stock, the issuance of preferred stock could have an adverse effect on the voting power of the holders of common stock or could impose restrictions upon the payment of dividends and other distributions to the holders of common stock. The preferred stock, when issued, will be fully paid and nonassessable. Unless the applicable prospectus supplement provides otherwise, the preferred stock will have no preemptive rights to subscribe for any additional securities