Company: WBD
Filing Date: 2025-12-05
Form Type: 425
Source: 0001193125-25-309939
Chunk: 296

Company: Warner Bros. Discovery, Inc.
Filing Date: 2025-12-05
Form: 425
Chunk 296
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 hereto shall cooperate fully on any
issue relating to () the Transactions for which the other Party seeks a determination letter or private letter ruling from the IRS, an advisory opinion from the DOL or any other filing (including, without limitation, securities, labor
law, Pension Benefit Guaranty Corporation or exchange control filings), consent or approval with respect to or by a Governmental Authority, () any audit of, or litigation with respect to, any Benefit Plan or any corrective actions
relating to any Benefit Plan, labor or payroll practices (including with respect to employment taxes) and () the reconciliation and administration of post-closing compensation, benefit, employment and payroll issues; ,
, that, in each case, requests for cooperation must be reasonable and not unduly interfere with daily business operations.

Section 12.3 . No
provision of this Agreement or the Separation Agreement shall be construed to create any right, or accelerate entitlement, to any compensation or benefit whatsoever on the part of any Company Group Employee or SpinCo Group Employee or other future,
present or former employee of any member of the Company Group or SpinCo Group under any Company Plan or SpinCo Plan or otherwise. This Agreement is solely for the benefit of the Parties hereto and their respective successors and permitted assigns.
Nothing in this

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Agreement, express or implied, is intended to or shall confer upon any other person or persons (including any employee or former employee of the Company or SpinCo or either of their respective
Subsidiaries or any beneficiary or dependent thereof) any rights, benefits or remedies of any nature whatsoever under or by reason of this Agreement. No provision in this Agreement shall modify or amend any other agreement, plan, program or document
unless this Agreement explicitly states that the provision “amends” that other agreement, plan, program or document. This shall not prevent the Parties entitled to enforce this Agreement from enforcing any provision in this Agreement,
but no other person shall be entitled to enforce any provision in this Agreement on the grounds that it is an amendment to another agreement, plan, program or document unless the provision is explicitly designated as such in this Agreement, and the
Person is otherwise entitled to enforce the other agreement, plan, program, or document. If a Person not entitled to enforce this Agreement brings a lawsuit or other action to enforce any provision in this Agreement as an amendment to another
agreement, plan, program, or document, and that provision is construed to be such an amendment despite not being explicitly designated as one in this