Company: SOJE
Filing Date: 2025-02-26
Form Type: 424B2
Source: 0000092122-25-000026
Chunk: 11

Company: SOUTHERN CO
Filing Date: 2025-02-26
Form: 424B2
Chunk 11
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 3,119 |     |   |  2,393 |     |   |  3,524 |     |   |  3,976 |     |   |  4,401 |

|                                                              |     | Capitalization as of December 31, 2024 |        |     |                |        |     |       |   |
|:-------------------------------------------------------------|:----|:---------------------------------------|-------:|:----|:---------------|-------:|:----|------:|:--|
|                                                              |     | Actual                                 |        |     | As Adjusted(2) |        |     |       |   |
|                                                              |     | -Millions, except percentages          |        |     |                |        |     |       |   |
| Common Stockholders’ Equity                                  |     | $                                      | 33,208 |     | $              | 33,208 |     |  34.6 | % |
| Noncontrolling Interests                                     |     |                                        |  3,466 |     |                |  3,466 |     |   3.6 | % |
| Senior Notes (3)                                             |     |                                        | 40,620 |     |                | 40,620 |     |  42.3 | % |
| Other Long-Term Debt                                         |     |                                        | 18,148 |     |                | 18,713 |     |  19.5 | % |
| Total, excluding amounts due within one year of $4.7 billion |     | $                                      | 95,442 |     | $              | 96,007 |     | 100.0 | % |

______________________________

(1) The Company recorded pre-tax charges totaling $1.7 billion ($1.3 billion after tax) in 2021 for estimated probable losses to reflect Georgia Power’s revised estimate to complete construction and start-up of Plant Vogtle Units 3 and 4.

(2) Reflects adjustments to “Other Long-Term Debt” related to the Company’s issuance in January 2025 of $565,000,000

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aggregate principal amount of Series 2025A 6.50% Junior Subordinated Notes due March 15, 2085.

(3) Does not reflect the anticipated issuance by Georgia Power of $400,000,000 aggregate principal amount of Series 2025