Company: WBD
Filing Date: 2025-12-05
Form Type: 425
Source: 0001193125-25-309939
Chunk: 100

Company: Warner Bros. Discovery, Inc.
Filing Date: 2025-12-05
Form: 425
Chunk 100
---
 the Exchange Act with respect to the Company or
will become subject to such reporting requirements with respect to Buyer, to be exempt under Rule 16b-3 promulgated under the Exchange Act, to the extent permitted by applicable Law.

Section 6.13 .

(a) In the event that any stockholder litigation related to this Agreement or the Transactions is brought against the Company or any members
of the Company Board from and following the date of this Agreement and prior to the Effective Time (such litigation, “”), the Company shall promptly notify Buyer of such Company Transaction Litigation
and shall keep Buyer reasonably informed with respect to the status thereof (including by providing copies of all substantive pleadings with respect thereto). The Company shall give Buyer a reasonable opportunity to participate in the defense or
settlement (at Buyer’s sole expense and subject to a customary joint defense agreement) of any Company Transaction Litigation and shall consider in good faith Buyer’s advice with respect to such Company Transaction Litigation;
that the Company shall in any event control such defense and the disclosure of information to Buyer in connection therewith shall be subject to the provisions of ; , ,
that the Company shall not settle or agree to settle any Company Transaction Litigation without prior written consent of Buyer (which consent shall not be unreasonably withheld, conditioned or delayed).

(b) In the event that any stockholder litigation related to this Agreement or the Transactions is brought against Buyer or any members of the
Buyer Board from and following the date of this Agreement and prior to the Effective Time (such litigation, “”), Buyer shall promptly notify the Company of such Buyer Transaction Litigation and shall
keep the Company reasonably informed with respect to the status thereof (including by providing copies of all substantive pleadings with respect thereto). Buyer shall give the Company a reasonable opportunity to participate in the defense or
settlement (at the Company’s sole expense and subject to a customary joint defense agreement) of any Buyer Transaction Litigation and shall consider in good faith the Company’s advice with respect to such Buyer Transaction Litigation;
that Buyer shall in any event control such defense and the disclosure of information to the Company in connection therewith shall be subject to the provisions of ; , ,
that Buyer shall not settle or agree to settle any Buyer Transaction Litigation without prior written consent of the Company (which consent shall not be unreasonably withheld, conditioned or delayed).

Section 6.14 . Prior to the Closing Date and
following the receipt of the Company Stockholder Approval, the Company shall effect or cause