Company: WBD
Filing Date: 2025-04-11
Form Type: PRE 14A
Source: 0001437107-25-000078
Chunk: 94

Company: Warner Bros. Discovery, Inc.
Filing Date: 2025-04-11
Form: PRE 14A
Chunk 94
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, which included grants made from 2018 through 2024, the awards were re-valued as of December 31, 2020, December 31, 2021, December 31, 2022, December 31, 2023, and December 31, 2024 using the Black-Scholes option-pricing model. The assumptions used for each valuation date included stock price, risk-free rate, stock price volatility and expected life as determined in accordance with FASB ASC Topic 718.

(3) The non-CEO NEOs used for purposes of calculating the average shown for 2024, 2023 and 2022 were: Gunnar Wiedenfels, Chief Financial Officer, Bruce Campbell, Chief Revenue and Strategy Officer, JB Perrette, President and Chief Executive Officer, Global Streaming and Games, and Gerhard Zeiler, President, International. The non-CEO NEOs used for purposes of calculating the average shown for 2021 and 2020 were: Gunnar Wiedenfels, Chief Financial Officer, Bruce Campbell, Chief Development, Distribution and Legal Officer, JB Perrette, President and Chief Executive Officer, Discovery International, and David Leavy, Chief Corporate Operating Officer.

#### 2025 PROXY STATEMENT95
| Proxy Statement 
 Summary         |     | Election of Directors |     | Corporate  
 Governance |     | Audit   
 Matters |     | Executive    
 Compensation |     | Other   
 Matters |     | Additional  
 Information |     | Appendices |

(4) In calculating Average CAP to non-CEO NEOs for each year in the table, the following amounts in the table below were deducted from and added to the Summary Compensation Table totals reported in the PVP table above:

Average Non–CEO NEOs — Summary Compensation Table Total to CAP Reconciliation

| Fiscal 
 Year   |     |            | Summary      
 Compensation 
 Total        |     |            | Summary Compensation 
 Table Total for      
 Stock Awards         |     |            | Summary         
 Compensation    
 Table Total for 
 Option Awards   | AwardsGrantedDuring theYear andOutstandingandUnvested asof FYE: 
 Fair Value asof FYE                                             |            |     | AwardsGranted inPrior YearsOutstandingand Unvestedas of FYE: 
 Change inFair Value asof FYE (fromPrior FYE)                 |            |     | AwardsGrantedDuring theFY thatVestedduring theFY: 
 Fair Valueas of theVestingDate                    |