Company: WBD
Filing Date: 2025-12-05
Form Type: 425
Source: 0001193125-25-309879
Chunk: 250

Company: Warner Bros. Discovery, Inc.
Filing Date: 2025-12-05
Form: 425
Chunk 250
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 a notice (an “”) demanding a meeting involving
representatives of the Parties who are senior executives with authority to settle the Dispute. A copy of any such Escalation Notice shall be given to the General Counsel, or like officer or official, of each Party (which copy shall state that it is
an Escalation Notice pursuant to this Agreement). The proposed agenda, location or means of remote communication, requested senior level management participants and procedures proposed for such discussions or negotiations shall be set forth in the
Escalation Notice; , , that the Parties shall use their commercially reasonable efforts to meet (which meeting may be conducted telephonically) within fifteen (15) days of the Escalation Notice. Discussions and
correspondence relating to trying to resolve such Dispute shall be treated as confidential and Privileged Information developed for the purpose of settlement and shall be exempt from discovery or production and shall not be admissible in any
subsequent proceeding between the Parties.

(b) If the senior executives are unable to resolve the Dispute within thirty
(30) days from the Escalation Notice or one Party to the Dispute reasonably concludes that the other Party is not willing to use commercially reasonable efforts to resolve expeditiously such Dispute, then such Party shall have the right to
refer the Dispute to mediation by providing written notice to the other Party, and then the Parties shall promptly engage a mediator for the Dispute pursuant to the mediation rules of the American Arbitration Association. Each Party will share the
administrative costs of the mediation and the mediator’s fees and expenses equally, and each Party shall bear all of its other costs and expenses related to the mediation, including attorney’s fees, witness fees and travel expenses. The
mediation shall take place in New York City unless the parties to such Dispute mutually agree to select an alternative forum.

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(c) If the Parties cannot resolve the Dispute through mediation within
forty-five (45) days of the appointment of the mediator (or the earlier withdrawal thereof), each Party shall be entitled to seek relief in a court of competent jurisdiction pursuant to.

7.3 . Notwithstanding the foregoing provisions of this , a Party may seek interim measures before a
court of competent jurisdiction with respect to a Dispute in accordance with without first complying with the procedures set forth in and if such action is reasonably necessary
to avoid irreparable damage or preserve a party’s rights. Such a request shall not be deemed incompatible with, or a waiver of, and .

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