Company: WBD
Filing Date: 2025-12-05
Form Type: 425
Source: 0001193125-25-309939
Chunk: 210

Company: Warner Bros. Discovery, Inc.
Filing Date: 2025-12-05
Form: 425
Chunk 210
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 or obligations that would automatically be effective as a result thereof be deemed amended to no longer apply (and that
shall apply in respect of such amendments).

53

4.2 . Except as otherwise specifically set forth in this
Agreement or in any Ancillary Agreement, to the fullest extent permitted by Law, SpinCo shall, and shall cause the other members of the SpinCo Group to, indemnify, defend and hold harmless the Company, each member of the Company Group and each of
their respective past, present and future directors, officers, employees and agents, in each case in their respective capacities as such, and each of the heirs, executors, successors and assigns of any of the foregoing (collectively, the
“”), from and against all Losses actually suffered or incurred by the Company Indemnitees to the extent relating to, arising out of or resulting from, directly or indirectly, any of the following items (without
duplication):

(a) any SpinCo Liability;

(b) any failure of SpinCo, any other member of the SpinCo Group or any other Person to pay, perform or otherwise promptly
discharge any SpinCo Liabilities in accordance with their terms, whether prior to, on or after the Distribution Effective Time;

(c) any breach by SpinCo or any other member of the SpinCo Group of this Agreement or any of the Ancillary Agreements;

(d) except to the extent it relates to a Company Liability, any guarantee, indemnification or contribution obligation, surety
bond or other credit support agreement, arrangement, commitment or understanding for the benefit of any member of the SpinCo Group by any member of the Company Group that survives following the Distribution; and

(e) any untrue statement or alleged untrue statement of a material fact or omission or alleged omission to state a material
fact required to be stated therein or necessary to make the statements therein not misleading, with respect to the Form 10, the Information Statement or any other Disclosure Document (each as amended or supplemented), other than the matters
described in , and any stockholder or securities litigation, and the administration thereof, to the extent arising out of any such statement or omission contained in the Form 10, the Information Statement or
any other Disclosure Document.

4.3 . Except as otherwise specifically set forth in this Agreement or in
any Ancillary Agreement, to the fullest extent permitted by Law, the Company shall, and shall cause the other members of the Company Group to, indemnify, defend and hold harmless SpinCo,