Company: WBD
Filing Date: 2025-04-23
Form Type: DEF 14A
Source: 0001437107-25-000084
Chunk: 44

Company: Warner Bros. Discovery, Inc.
Filing Date: 2025-04-23
Form: DEF 14A
Chunk 44
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 (see page 68for additional details). The adjustments also had no impact on Year-End Paid DTC Subscriber performance.

#### Determination of 2024 Annual Cash Bonus Awards

#### 2024 Cash Bonuses to CEO and CFO
For each of Mr. Zaslav and Mr. Wiedenfels, 70% of his annual cash bonus opportunity shall be based on performance against financial metrics, and 30% based on performance against strategic measures.

The Committee determined that including all three WBD Corporate financial metrics described above was appropriate for the CEO and CFO given the scope of their responsibilities and direct impact on resource allocation decisions. The Committee established threshold (0% payout), target (100% payout) and above target (125% payout) amounts for each of the financial metrics and a payout scale that would determine the amount payable for achievement of results between the "threshold" and the "above target" amounts. The payout scale was designed to provide an "above target" payout only upon over-delivery of the relevant financial metric, with payout prorated for performance between the "threshold" and "above target" levels.

The table below outlines the financial metrics, targets, weighting and results for the cash bonuses to the CEO and CFO for 2024.

| Financial Metrics for CEO/CFO                 |     |    | Weighting |     |   |        | Threshold     
 (20% payout)* |     |   |        | Target        
 (100% payout) |     |   |        | Above Target   
 (125% payout)* |     |   |        | Actual        
 Achievement** |
|:----------------------------------------------|:----|---:|:----------|:----|:--|-------:|:--------------|:----|:--|-------:|:--------------|:----|:--|-------:|:---------------|:----|:--|-------:|:--------------|
| Net Revenue ($ in millions)                   |     | 30 | %         |     | $ | 28,279 |               |     | $ | 40,399 |               |     | $ | 44,439 |                |     | $ | 39,589 |               |
| Adjusted EBITDA ($ in millions)               |     | 60 | %         |     | $ |  6,300 |               |     | $ |  9,000 |               |     | $ |  9,900 |                |     | $ |