Company: WBD
Filing Date: 2025-12-05
Form Type: 425
Source: 0001193125-25-309939
Chunk: 335

Company: Warner Bros. Discovery, Inc.
Filing Date: 2025-12-05
Form: 425
Chunk 335
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 shall take all actions required to give effect to the Section 336(e) Elections
that are made pursuant to this , including amending any previously filed Tax Returns as necessary.

20

Section 3.06 .

(a) SpinCo hereby agrees that no member of the SpinCo Group shall file any Adjustment Request with respect to any income or other material Pre-Distribution Period SpinCo Separate Return, unless (i) the Company consents to such Adjustment Request in writing (which consent may not be unreasonably withheld, conditioned, or delayed), (ii) such
Adjustment Request is required by applicable Tax Law or (iii) such Adjustment Request would not reasonably be expected to adversely affect any member of the Company Group.

(b) The Company hereby agrees that no member of the Company Group shall file any Adjustment Request with respect to any income or other
material Pre-Distribution Period Company Separate Return, unless (i) SpinCo consents to such Adjustment Request in writing (which consent may not be unreasonably withheld, conditioned, or delayed), (ii)
such Adjustment Request is required by applicable Tax Law or (iii) such Adjustment Request would not reasonably be expected to adversely affect any member of the SpinCo Group.

Section 3.07 .

(a) Tax Attributes arising in a Pre-Distribution Period shall be allocated to (and the benefits and
burdens of such Tax Attributes shall inure to) the members of the Company Group and the members of the SpinCo Group as determined in good faith by the Company in accordance with the Code, Treasury Regulations, and any other applicable state, local
or foreign Tax Law.

(b) Following the close of the taxable year in which the Distribution occurs, and as promptly as practicable after
the relevant information or documentation becomes available to the Company, the Company shall deliver to SpinCo in writing for SpinCo’s review the Company’s good faith determination of the portion, if any, of any earnings and profits,
Tax Attributes, overall foreign loss or other affiliated, consolidated, combined, unitary, fiscal unity or other similar group Tax Attribute which is allocated or apportioned to the members of the SpinCo Group under applicable Tax Law and this
Agreement (the “”). SpinCo shall have sixty (60) Business Days from its receipt of the Proposed Allocation to review and provide the Company any comments with respect thereto. The Company shall consider in
good faith any comments received from SpinCo within such sixty (60) day period and shall provide to SpinCo a final allocation following the conclusion of