Company: WBD
Filing Date: 2025-12-05
Form Type: 425
Source: 0001193125-25-309939
Chunk: 285

Company: Warner Bros. Discovery, Inc.
Filing Date: 2025-12-05
Form: 425
Chunk 285
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 Parties and their respective Affiliates; , that the Company Compensation Committee shall not exercise discretion to accelerate the vesting of any such Company Equity
Awards.

(b) Equity Awards in Certain Non-U.S.Jurisdictions. Notwithstanding the foregoing provisions of this
, the provisions of this may be modified by the Parties to the extent necessary to address legal, regulatory or tax issues or requirements and/or to avoid undue cost or administrative burden
arising out of the application of this to equity-based incentive compensation awards subject to non-U.S. Laws (including, without limitation, by modifying to
this Agreement). For the avoidance of doubt, the Parties may provide for different adjustments with respect to some or all SpinCo Equity Awards or Adjusted Company Equity Awards to the extent that the Parties deem such adjustments necessary and
appropriate. Any adjustments made by the Parties shall be deemed to have been incorporated by reference herein as if fully set forth above and shall be binding on the Parties and their respective Subsidiaries and Affiliates. Additionally,
notwithstanding the provisions set forth in , and , in calculating the number of SpinCo Shares subject to SpinCo RSU
Awards and the number of Company Shares subject to Adjusted Company RSU Awards held by Company Participants and SpinCo Participants who are subject to taxation in Canada or France as of the Distribution Effective Time, the number of shares subject
to such awards will be rounded down to the nearest whole share.

(c) Cooperation. The Parties, including through instructions with
their respective administrators and recordkeepers, shall use commercially reasonable efforts and shall cooperate in good faith to take all actions reasonably necessary or appropriate for the adjustment of Company Equity Awards, for the issuance of
equity-based awards under the SpinCo Equity Plans, and to coordinate the tax treatment of such awards as set forth in this , all in a manner consistent with the resolutions adopted by the Company Compensation Committee in
connection with the Transactions and the provisions of this . In addition, if after the Distribution Date, SpinCo or the Company identify an administrative error in the individuals identified as holding Company Equity
Awards, the amount of

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Company Equity Awards so held, the vesting level of such Company Equity Awards, the tax treatment of such Company Equity Awards or any other similar error, SpinCo and the Company shall mutually
cooperate in taking such actions as are necessary or appropriate to place, as nearly as reasonably practicable, the individual and SpinCo and the Company in the position in which they would have been had the error