Edison International Term Loan Credit Agreement

Edison International has entered into a Term Loan Credit Agreement for a $900 million loan with a maturity date of December 22, 2026. The company can prepay the loan at any time without penalty. The proceeds will be used for general corporate and working capital purposes, potentially including debt repayment. The loan carries an interest rate based on either adjusted term SOFR plus a 1.25% margin or a base rate plus a 0.25% margin. A key financial covenant requires Edison International to maintain a consolidated total recourse indebtedness to consolidated capital ratio not exceeding 0.70 to 1.0 at the end of each quarter. Lenders involved in this agreement or their affiliates have previously provided and may continue to provide services to Edison International.