Company: WBD
Filing Date: 2025-02-27
Form Type: S-3ASR
Source: 0001193125-25-039203
Chunk: 58

Company: Warner Bros. Discovery, Inc.
Filing Date: 2025-02-27
Form: S-3ASR
Chunk 58
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 this indemnification shall not be deemed exclusive of any other right to which the
indemnified person may be entitled.

Discovery Communications, LLC (“DCL”) is a limited liability company formed in the State of Delaware.

Section 18-303(a) of the Delaware Limited Liability Company Act (the
“DLLCA”) provides that, except as otherwise provided by the DLLCA, the debts, obligations and liabilities of a limited liability company, whether arising in contract, tort or otherwise, shall be solely the debts, obligations and
liabilities of the limited liability company, and no member or manager of a limited liability company shall be obligated personally for any such debt, obligation or liability of the limited liability company solely by reason of being a member or
acting as a manager of the limited liability company.

Section 18-108 of the DLLCA
states that, subject to such standards and restrictions, if any, as set forth in its limited liability company agreement, a limited liability company may, and shall have the power to, indemnify and hold harmless any member or manager or other person
from and against any and all claims and demands whatsoever.

Section 19 of DCL’s Amended and Restated Limited Liability Company
Agreement (the “DCL LLC Agreement”) provides that no member, manager or officer shall be liable to DCL, any member or any other person or entity who or that has an interest in DCL for any loss, damage or claim incurred by reason of any act
or omission performed or omitted by such member, manager or officer in good faith on behalf of DCL and in a manner reasonably believed to be within the scope of the authority conferred on such member, manager or officer by the DCL LLC Agreement,
except that the member, manager or officer shall be liable for any such loss, damage or claim incurred by reason of such member’s, manager’s or officer’s gross negligence or willful misconduct. To the full extent permitted by
applicable law, each member, manager and officer shall be entitled to indemnification from DCL for any loss, damage or claim incurred by such member, manager or officer by reason of any act or omission performed or omitted by such member, manager or
officer in good faith on behalf of DCL and in a manner reasonably believed to be within the scope of authority conferred on such member, manager or officer by the DCL LLC Agreement, except that no member, manager or officer shall be entitled to be
indemnified in respect of any loss,