Southern Co adjusts conversion rate for Series 2023A 3.875% notes to 11.9035 shares per $1,000

SOUTHERN CO

Conversion rate adjusted to 11.9035 shares per $1,000 principal effective September 15, 2025.
Adjustment triggered by six quarterly dividends exceeding the $0.70/share Distribution Threshold.
Previously deferred conversion rate increases (each <1%) combined and applied now per indenture terms.
Series 2023A 3.875% Convertible Senior Notes mature December 15, 2025.

item 7.01item 9.01

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