Company: WBD
Filing Date: 2025-04-11
Form Type: PRE 14A
Source: 0001437107-25-000078
Chunk: 47

Company: Warner Bros. Discovery, Inc.
Filing Date: 2025-04-11
Form: PRE 14A
Chunk 47
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 while developing a pipeline for additional synergy capture in future years                                          |
| Execute Finance Transformation |     | ■Execute in-flight Capability Center initiatives                                                  
 ■Deliver systems integrations                                                                     |     | 20%       |     | ■Transitioned approximately 2,500 positions to Capability Centers during 2024, driving cost savings and advancing finance function transformation initiatives                                  
 ■Continued progress with respect to financial system integration: retired a legacy HR management tool in the US in 2024 and laid the foundation for its retirement globally by the end of 2025 |

( * ) A non-GAAP financial measure; see Appendix D for additional details.

In addition to the accomplishments noted above, the Committee also noted that Mr. Wiedenfels:

■ Provided thought leadership and led financial analysis to support December 2024 announcement of new corporate structure; and

■ Continued to establish disciplined culture of financial management and decision-making which enabled investments in global Max expansion and expanding WBD's portfolio of sports rights.

When combining the funding levels based on achievement of WBD strategic metrics with those based on achievement of financial metrics, the resulting payouts, as a percentage of target, were 108.6% for Mr. Zaslav and 108.3% for Mr. Wiedenfels. The Committee also determined that Mr. Wiedenfels' exemplary 2024 performance was worthy of a Performance Pool award. For a summary of the final bonus payout amounts and percentages for each of Mr. Zaslav and Mr. Wiedenfels, inclusive of the Performance Pool award to Mr. Wiedenfels, see page 69.

#### 2024 Incentive Compensation Program – Other NEOs
The 2024 annual cash bonuses for Messrs. Campbell, Perrette, and Zeiler were based on the terms of the ICP. The ICP specifies various financial metrics depending on an employee’s role and business alignment. The aggregate amount payable to an individual under the ICP is calculated by:

■ first, determining the target bonus of each employee (the pre-established percentage of the employee’s base salary);

■ second, establishing the amount payable based on (a) our performance versus the ICP financial metrics and any applicable line of business performance measures, and (b) individual performance versus the strategic goals established for each NEO, as applied to the target bonus amount (such amount, the "ICP Payout Percentage"); and

■ third, adding to the total payout amount a specific dollar amount that