Company: WBD
Filing Date: 2025-12-05
Form Type: 425
Source: 0001193125-25-309939
Chunk: 166

Company: Warner Bros. Discovery, Inc.
Filing Date: 2025-12-05
Form: 425
Chunk 166
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 Patents and Trademarks) in Software.

“” shall mean the amount set forth in corresponding to the date on such schedule
on which the Distribution Date occurs or such other amount as specified by the Company in accordance with .

“” shall have the meaning set forth in .

“” shall have the meaning set forth in .

18

“ SpinCo” shall have the meaning set forth in the Preamble. “ SpinCo Accounts” shall have the meaning set forth in Section 2.9(a). “ SpinCo Assets” shall have the meaning set forth in Section 2.2(a). “ SpinCo Business” shall mean the businesses, operations and activities (whether or not such businesses, operations or activities have been terminated, divested or discontinued) that constitute the Global Linear Networks (formerly Networks) segment of the Company as narratively described in the Annual Report on Form 10-Kof the Company for the fiscal year ending December 31, 2024 and as updated in the Quarterly Report on Form 10-Qof the Company for the period ending September 30, 2025, as constituted as of the date of this Agreement, as such businesses, operations and activities have been conducted at any time prior to the Distribution Effective Time by either Party or any current or former member of its Group (or any of their respective predecessors), including such businesses, operations and activities at times when those of such segment as of the date of this Agreement were part of different segments; providedthat, notwithstanding its inclusion or exclusion, as applicable, in the Global Linear Networks segment, the SpinCo Business shall not include the business, operation and activities set forth on Schedule 1.7(a)and shall include the business, operations and activities set forth on Schedule 1.7(b). “ SpinCo Bylaws” shall mean the Amended and Restated Bylaws of SpinCo, substantially in the form set forth on Exhibit C. “ SpinCo Certificate of Incorporation” shall mean the Amended and Restated Certificate of Incorporation of SpinCo, substantially in the form set forth on Exhibit D 3. “ SpinCo Contracts” shall mean the following contracts and agreements to which either Party or any member of its Group is a party or by which it or any member of its Group or any of their respective Assets is bound, whether or not in writing ( providedthat SpinCo Contracts shall not include any contract or agreement that is listed on Schedule 1.3): (a) (i) any contract or agreement with a Third Party entered into