Company: WBD
Filing Date: 2025-12-05
Form Type: 425
Source: 0001193125-25-309879
Chunk: 316

Company: Warner Bros. Discovery, Inc.
Filing Date: 2025-12-05
Form: 425
Chunk 316
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 foreign counterparts thereof.

“” has the meaning set forth in .

“” has the meaning set forth in the Recitals.

“” means all Intellectual Property other than: (a) Patents, (b) Trademarks and (c) Content IP that is:
(i) owned or Licensable by the Company or its Affiliates as of the Effective Date and was used by or on behalf of SpinCo or its Affiliates, or otherwise in the operation of the SpinCo Business, at any time after April 8, 2022; or
(ii) owned or Licensable by SpinCo or its Affiliates as of the Effective Date and was used by or on behalf of the Company or its Affiliates, or otherwise in the operation of the Company Business, at any time after April 8, 2022.

“” has the meaning set forth in .

“” means all Software that is: (i) owned or Licensable by the Company or its Affiliates as of the
Effective Date and was used by or on behalf of SpinCo or its Affiliates, or otherwise in the operation of the SpinCo Business, at any time after April 8, 2022; or (ii) owned or Licensable by SpinCo or its Affiliates as of the Effective
Date and was used by or on behalf of the Company or its Affiliates, or otherwise in the operation of the Company Business, at any time after April 8, 2022, including the Software set forth on .

“” means all computer software, programs and applications, including software implementations of algorithms, models
and methodologies, application software, system software and firmware, including all source code and object code versions thereof.

“” has the meaning set forth in .

“” means, with respect to any Software (including any customizations, integrations and scripts developed
to extend or interface with third-party applications or services), all Software and ancillary materials of such Software, including the complete source code and object code,
infrastructure-as-code definitions, configuration files, build and deployment pipelines, automation and utility scripts, testing scripts and frameworks, and all
associated technical and user documentation for such Software, in each case necessary or useful to permit each Party to be able to fully operate, maintain, and evolve such Software.

6

“” has the meaning set forth in the Separation and
Distribution Agreement.

“” means Warner Bros. International Television Production Holding
B.V. or