Company: WBD
Filing Date: 2025-12-05
Form Type: 425
Source: 0001193125-25-309939
Chunk: 310

Company: Warner Bros. Discovery, Inc.
Filing Date: 2025-12-05
Form: 425
Chunk 310
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 and (c) limit access to the Disclosing Party’s Confidential Information to its Affiliates, directors, accountants, auditors, attorneys, and financial advisors, and other representatives
(“”) with a reasonable need to know such Confidential Information; that the use or disclosure of the Disclosing Party’s Confidential Information in accordance with shall be
deemed to be permitted under this ; , , that such Representatives are subject to obligations of confidentiality at least as protective of the Disclosing Party’s Confidential
Information as the confidentiality provisions of this Agreement. The Confidential Information of a Party includes Confidential Information disclosed by its Affiliates and its and their Representatives in connection with this Agreement.

10

Section 4.02 . In the event the Receiving Party is
requested or required by Law to disclose any Confidential Information of the Disclosing Party, the Receiving Party shall, if legally permitted, provide reasonable advance written notice to the Disclosing Party of such request or requirement so that
the Disclosing Party may seek confidential treatment of such Confidential Information prior to its disclosure (whether through protective orders or otherwise). If, in the absence of a protective order, other confidential treatment or waiver under
this Agreement, the Receiving Party is advised by its legal counsel that it is legally required to disclose such Confidential Information, the Receiving Party may disclose such Confidential Information without liability under this ;
, that the Receiving Party exercises commercially reasonable efforts to obtain reliable assurances that confidential treatment will be accorded any such Confidential Information prior to its disclosure and discloses only the
minimum amount of such Confidential Information necessary to comply with such legal requirement.

ARTICLE V

TERM AND TERMINATION

Section 5.01 . The term of this Agreement shall commence on the Effective Date and continue until, and automatically terminate
upon, the date on which all Intellectual Property licensed hereunder expires or is no longer subsisting.

ARTICLE VI

REPRESENTATIONS AND WARRANTIES; DISCLAIMER;

ASSUMPTION OF RISK; BANKRUPTCY ASSURANCE

Section 6.01 . Each Party hereby represents and warrants to the
other Party that: (a) it has the power and authority to enter into this Agreement and to fully perform its obligations hereunder (including to grant the licenses granted pursuant to ); (b) this Agreement has been duly
authorized, executed and delivered by it; and (c) this Agreement is a valid and binding agreement enforceable against it in accordance with the terms hereof except as enforceability may be limited by bankruptcy Laws, other similar Laws