Company: WBD
Filing Date: 2025-12-05
Form Type: 425
Source: 0001193125-25-309879
Chunk: 286

Company: Warner Bros. Discovery, Inc.
Filing Date: 2025-12-05
Form: 425
Chunk 286
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 Group shall retain
responsibility for all Liabilities in respect of claims under Company Health & Welfare Plans incurred by SpinCo Participants while they are receiving coverage under such plans; that SpinCo shall reimburse the Company with
respect to such claims as and to the extent provided for in the Transition Services Agreement. The SpinCo Group shall be responsible for all Liabilities relating to, arising out of or resulting from health and welfare coverage (including COBRA
continuation coverage) for claims incurred by or on behalf of SpinCo Participants under the SpinCo Health & Welfare Plans.

(b)
Disability Benefits Claims. From and after the Distribution Date, () the SpinCo Group shall be responsible for all Liabilities for providing short-term disability benefits to SpinCo Participants, including in respect of
disability claims incurred prior to the Distribution Date, () the Company Group shall retain responsibility for all Liabilities for providing long-term disability benefits to any SpinCo Participant whose disability claim was incurred
prior to the Distribution Date (including SpinCo Participants receiving short-term disability benefits on the Distribution Date who subsequently become eligible to receive long-term disability benefits under such Company Plan) and
() the SpinCo Group shall be responsible for all Liabilities for providing long-term disability benefits to any SpinCo Participant whose disability claim was incurred on or after the Distribution Date.

(c) Incurred Claim Definition. For purposes of this , a claim or Liability is deemed to be
incurred () with respect to medical, dental, vision and/or prescription drug benefits, upon the rendering of health services or provision of supplies giving rise to such claim or Liability, () with respect to life
insurance, accidental death and dismemberment and business travel accident insurance, upon the occurrence of the event giving rise to such claim or Liability, () with respect to disability benefits, upon the date of an
individual’s disability, as determined by the disability benefit insurance carrier or claim administrator, giving rise to such claim or Liability and () with respect to a period of continuous hospitalization (or any medical or
other service or supply performed or provided during the period of continuous hospitalization), upon the date of admission to the hospital.

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ARTICLE VII

NON-U.S. BENEFIT PLANS

The terms and conditions set forth in this shall apply to Benefit Plans sponsored or maintained by non-U.S. members
of the Group for Group employees located in jurisdictions outside the U.S.

Section 7.1 .

(a) Retained Plans. From and after the Distribution Date, the Company Group shall retain all Assets