Company: WBD
Filing Date: 2025-12-05
Form Type: 425
Source: 0001193125-25-309879
Chunk: 312

Company: Warner Bros. Discovery, Inc.
Filing Date: 2025-12-05
Form: 425
Chunk 312
---
 to successfully pursue indemnification or payment pursuant to this Agreement or Article IV of the Separation Agreement).

Section 13.10 . Titles and headings to Sections herein are inserted for convenience of reference only and are
not intended to be a part of or to affect the meaning or interpretation of this Agreement.

-35-

Section 13.11 . In the event any one or more of the provisions
contained in this Agreement should be held invalid, illegal or unenforceable in any respect, the validity, legality and enforceability of the remaining provisions contained herein and therein shall not in any way be affected or impaired thereby. The
Parties shall endeavor in good faith negotiations to replace the invalid, illegal or unenforceable provisions with valid provisions, the economic effect of which comes as close as possible to that of the invalid, illegal or unenforceable provisions.

Section 13.12 . Nothing in this Agreement is intended to confer to or impose upon any Party
a duplicative right, entitlement, obligation or recovery with respect to any matter arising out of the same facts and circumstances (including with respect to the rights, entitlements, obligations and recoveries that may arise out of Separation
Agreement or any of the other Ancillary Agreements).

[signature page follows]

-36-

IN WITNESS WHEREOF, the Parties have caused this Agreement to be duly executed as of the date first above written.

| [NEW WONDER]                 |     |        |     |     |
| By                           |     |        |     |     |
|                              |     | Name:  |     | [•] |
|                              |     | Title: |     | [•] |
| [DELIGHT] GLOBAL MEDIA, INC. |     |        |     |     |
| By                           |     |        |     |     |
|                              |     | Name:  |     | [•] |
|                              |     | Title: |     | [•] |

-37-

Exhibit A

NON-QUALIFIEDPLANS

Exhibit B

COMPANY HEALTH & WELFARE PLANS

Exhibit C

NON-U.S.DEFINED BENEFIT PLANS

Exhibit D

EMPLOYER METHOD JURISDICTIONS

Exhibit B

Intellectual Property Matters Agreement

INTELLECTUAL PROPERTY MATTERS AGREEMENT

between

[New Wonder]

and

[Delight] Global Media, Inc.

Dated as of [•]

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