Company: WBD
Filing Date: 2025-12-05
Form Type: 425
Source: 0001193125-25-309939
Chunk: 349

Company: Warner Bros. Discovery, Inc.
Filing Date: 2025-12-05
Form: 425
Chunk 349
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 their respective Affiliates shall not provide access to, copies of, or
otherwise disclose to any Person any documentation relating to Taxes existing prior to the Distribution Date to which Privilege may reasonably be asserted without the prior written consent of the other Party, such consent not to be unreasonably
withheld, conditioned or delayed.

Section 9. .

Section 9.01 . Each of the Company and SpinCo shall provide prompt notice to the other Party of any written communication
from a Tax Authority regarding any pending Tax audit, assessment or proceeding or other Tax Contest of which it becomes aware related to Taxes for Tax Periods for which it is indemnified by another Party hereunder or for which it may be required to
indemnify another Party hereunder, or otherwise relating to the Intended U.S. Tax Treatment of the Transactions or the Specified U.S. Internal Restructuring Transactions, including the resolution of any Tax Contest relating thereto. Such notice
shall attach copies of the pertinent portion of any written communication from a Tax Authority and contain factual information (to the extent known) describing any asserted Tax liability in reasonable detail and shall be accompanied by copies of any
notice and other documents received from any Tax Authority in respect of any such matters. If an indemnified Party has knowledge of an asserted Tax liability with respect to a matter for which it is to be indemnified hereunder and such Party fails
to give the indemnifying Party prompt notice of such asserted Tax liability and the indemnifying Party is entitled under this Agreement to contest the asserted Tax liability, then (i) if the indemnifying Party is precluded from contesting the
asserted Tax liability in any forum as a result of the failure to give prompt notice, the indemnifying Party shall have no obligation to indemnify the indemnified Party for any Taxes arising out of such asserted Tax liability, and (ii) if the
indemnifying Party is not precluded from contesting the asserted Tax liability in any forum, but such failure to give prompt notice results in a material monetary detriment to the indemnifying Party, then any amount which the indemnifying Party is
otherwise required to pay the indemnified Party pursuant to this Agreement shall be reduced by the amount of such detriment.

33

Section 9.02 .

(a) . The Company shall have the right to control any Tax Contest with respect to Tax matters relating to (i) any
Company Combined Returns, (ii) any SpinCo Combined Returns that relate solely to a Pre-Distribution Period,