Company: WBD
Filing Date: 2025-12-05
Form Type: 425
Source: 0001193125-25-309879
Chunk: 235

Company: Warner Bros. Discovery, Inc.
Filing Date: 2025-12-05
Form: 425
Chunk 235
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) any and all claims arising out of, resulting from, or in connection with the Internal Restructuring or the other
transactions contemplated in this Agreement must be brought under and in accordance with the terms of this Agreement; and (v) no breach of this Agreement or any Transfer Document shall give rise to any right on the part of any Party or party
thereto, after the consummation of the Distribution, to rescind this Agreement, any Transfer Document or any of the transactions contemplated hereby or thereby; , , that with respect to the transactions contemplated by
this Agreement (including the Internal Restructuring and Distribution), the Parties may also bring claims arising under the Tax Matters Agreement under and in accordance with the Tax Matters Agreement and claims arising under the Employee Matters
Agreement under and in accordance with the Employee Matters Agreement. Each Party shall cause the members of its Group to comply with this .

ARTICLE V

CERTAIN OTHER MATTERS

5.1 .

(a) The Company and SpinCo agree to cooperate in good faith to provide for an orderly transition of insurance coverage from
the date hereof through the Distribution Effective Time. The Company shall, and shall cause the other members of the Company Group to, not (i) exclude or remove SpinCo or any member of the SpinCo Group from coverage that may be available under
any Company Policy (other than any self-insurance or fronted insurance) (the “”) with respect to any claim, basis for claim, act, omission, circumstance, fact, occurrence, event, or loss that occurred or
existed prior to the Distribution Effective Time that relates to the SpinCo Business, the SpinCo Assets or the SpinCo Liabilities and which would be covered under any such Accessible Company Policy (each of the foregoing, a “”), (ii) terminate, buy back or cancel any such Accessible Company Policy or (iii) amend or modify any Accessible Company Policy (or fail to timely make any required
payment under, or take any similar action that would reasonably be expected to result in the termination of, any such policy), in each case of clauses (ii) and (iii), in any manner that would reasonably be expected to materially and adversely
impact the availability of recoverable proceeds under any such Accessible Company Policy with respect to any Pre-Distribution Effective Time Events.

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(b) From and after the Distribution Effective Time, with respect to any
Liability incurred by any member of the SpinCo Group prior to the Distribution Effective Time, the Company will