SRE-B Sempra

On March 24, 2022, Sempra Energy (the “Company”) closed its previously announced public offering and sale of $750,000,000 aggregate principal amount of its 3.300% Notes due 2025 (the “2025 notes”) and $500,000,000 aggregate principal amount of its 3.700% Notes due 2029 (the “2029 notes” and, together with the 2025 notes, the “notes”). Proceeds to the Company (after deducting underwriting discounts but before deducting the Company’s other offering expenses estimated at approximately $1.7 million) from the sale of the notes were approximately $1,241.1 million. The sale of the notes was registered under the Company’s effective registration statement on Form S-3 (Registration No. 333-239480).

The notes were issued pursuant to an Indenture dated as of February 23, 2000 (the “Indenture”), which was filed as Exhibit 4.1 to the Company’s registration statement on Form S-3 (File No. 333-153425) filed with the U.S. Securities and Exchange Commission on September 11, 2008, and an Officers’ Certificate of the Company dated as of March 24, 2022, which is filed herewith as Exhibit 4.1 and includes the form of 2025 note and the form of 2029 note. The 2025 notes will bear interest at the rate of 3.300% per year and mature on April 1, 2025. Interest on the 2025 notes will accrue from March 24, 2022 and is payable semi-annually in arrears on April 1 and October 1 of each year, beginning on October 1, 2022. The 2029 notes will bear interest at the rate of 3.700% per year and mature on April 1, 2029. Interest on the 2029 notes will accrue from March 24, 2022 and is payable semi-annually in arrears on April 1 and October 1 of each year, beginning on October 1, 2022. The 2025 notes and the 2029 notes will be redeemable prior to maturity at the applicable redemption prices described in the form of each such note, which are included in Exhibit 4.1 hereto.

The foregoing description of some of the terms of the notes is not complete and is qualified in its entirety by the form of 2025 note, the form of the 2029 note and the Officers’ Certificate of the Company, filed as an exhibit herewith, and the Indenture referred to above. Further information regarding the sale of the notes is contained in the Underwriting Agreement, dated March 21, 2022, which was filed as Exhibit 1.1 to the Company’s Current Report on Form 8-K filed with the U.S. Securities and Exchange Commission on March 22, 2022.