Company: WBD
Filing Date: 2025-12-05
Form Type: 425
Source: 0001193125-25-309939
Chunk: 313

Company: Warner Bros. Discovery, Inc.
Filing Date: 2025-12-05
Form: 425
Chunk 313
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Signature Page to Intellectual Property Matters Agreement 14

Schedule A-1

(Licensed Company Patents)

See Attachment A-1.

15

Schedule A-2

(Licensed SpinCo Patents)

See Attachment A-2.

16

Schedule B

(Shared Software)

Schedule 2.01(d)(iii)

(Legal Identity Transition)

Exhibit C

SpinCo Bylaws

Exhibit D

SpinCo Certificate of Incorporation

Exhibit E

Tax Matters Agreement

TAX MATTERS AGREEMENT

between

[NEW WONDER],

on behalf of itself

and the
members

of the Company Group

and

[DELIGHT] GLOBAL MEDIA, INC.,

on behalf of itself

and the members

of the SpinCo
Group

Dated as of [•]

TABLE OF CONTENTS

|                                                   |     |              |     |                                                          |     | Page |    |
| Section 1.  Definition of Terms                   |     |              |     |                                                          |     |      |  2 |
| Section 2.  Allocation of Tax Liabilities         |     |              |     |                                                          |     |      | 14 |
|                                                   |     | Section 2.01 |     | General Allocation Rules                                 |     |      | 14 |
|                                                   |     | Section 2.02 |     | Allocation of Separation Taxes                           |     |      | 15 |
|                                                   |     | Section 2.03 |     | Allocation of Transfer Taxes                             |     |      | 15 |
|                                                   |     | Section 2.04 |     | Coordination Provisions with the Existing TMA            |     |      | 15 |
|                                                   |     | Section 2.05 |     | Deductions relating to Incentive Awards                  |     |      | 15 |
|                                                   |     | Section 2.06 |     | Acquired Subsidiaries                                    |     |      | 16 |
|                                                   |     | Section 2.07 |     | Section 336(e) Tax Basis                                 |     |      | 16 |
|                                                   |     | Section 2.08 |     | Tax Payments                                             |     |      | 17 |
| Section 3.  Preparation and Filing of Tax Returns |     |              |     |                                                          |