Company: WBD
Filing Date: 2025-12-05
Form Type: 425
Source: 0001193125-25-308654
Chunk: 156

Company: Warner Bros. Discovery, Inc.
Filing Date: 2025-12-05
Form: 425
Chunk 156
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 limited liability company, joint venture, estate, trust, association,
organization, Governmental Entity or other entity of any kind or nature.

“” means, with respect to a
Party, any data or information in any media that can reasonably be used to identify a particular individual or device, including any data or other information that constitutes “personal information”, “personal identifying
information” or analogous term under any applicable Law.

“” means the Retained
Entities (after giving effect to the Separation).

“” means any action, cause of action, claim, charge,
demand, litigation, suit, investigation, grievance, citation, summons, subpoena, inquiry, audit, hearing, originating application to a tribunal, arbitration or other similar proceeding of any nature, civil, criminal, regulatory, administrative or
otherwise, whether in equity or at law, in contract, in tort or otherwise.

“” means the joint proxy
statement/prospectus to be filed with the SEC as part of the Registration Statement.

“” means issued by,
registered with, or the subject of a pending application for issuance or registration before, any Governmental Entity.

“” means Company Owned IP that is Registered.

“” means, with respect to any Person, any director, officer, principal, partner, manager, member (if such
Person is a member-managed limited liability company or similar entity), employee, consultant, investment banker, financial advisor, legal counsel, attorneys-in-fact,
accountant or other advisor, agent or other representative of such person, in each case acting in their capacity as such.

“” means the registration statement on Form S-4 to be filed
by Buyer with the SEC to effect the registration under the Securities Act of the issuance of the shares of Buyer Common Stock pursuant to the Merger, as such registration statement may be amended or supplemented from time to time.

Annex A-14

“” has the meaning given to such term in the Separation
and Distribution Agreement.

“” means the Company Assets (as defined in the Separation and Distribution
Agreement).

“” means the Company Business (as defined in the Separation and Distribution Agreement).

“” means the Company and each of its Subsidiaries (other than any member, or contemplated member, of
the Spinco Group).

“” has the same meaning as Company Group Employee as set forth in the
Employee Matters Agreement.

“” means each “employee benefit plan” (as defined in
Section 3(3) of ERISA