Company: WBD
Filing Date: 2025-12-05
Form Type: 425
Source: 0001193125-25-309879
Chunk: 247

Company: Warner Bros. Discovery, Inc.
Filing Date: 2025-12-05
Form: 425
Chunk 247
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 in strict confidence, with at least the same degree of care that applies to the Company’s confidential
and proprietary Information pursuant to policies in effect as of the Distribution Effective Time, all confidential and proprietary Information concerning the other Party or any member of the other Party’s Group or their respective businesses
that is either in its possession (including confidential and proprietary Information in its possession prior to the date hereof) or furnished by any such other Party or any member of such other Party’s Group or their respective Representatives
at any time pursuant to this Agreement, any Ancillary Agreement or otherwise, and shall not use such confidential and proprietary Information other than for such purposes as shall be expressly permitted hereunder or thereunder, except, in each case,
to the extent that such confidential and proprietary Information has been (i) in the public domain or generally available to the public, other than as a result of a disclosure by such Party or any member of such Party’s Group or any of
their respective Representatives in violation of this Agreement, (ii) later lawfully acquired from other sources by such Party (or any member of such Party’s Group) which sources are not themselves bound by a confidentiality obligation or
other contractual, legal or fiduciary obligation of confidentiality with respect to such confidential and proprietary Information, or (iii) independently developed or generated without reference to or use of any proprietary or confidential
Information of such other Party or any member of such other Party’s Group. If any confidential and proprietary Information of one Party or any member of its Group is disclosed to the other Party or any member of such other Party’s Group
in connection with providing services to such first Party or any member of its Group under this Agreement or any Ancillary Agreement, then such disclosed confidential and proprietary Information shall be used only as required to perform such
services.

(b) No Release; Return or Destruction. Each Party agrees not to release or disclose, or permit to be
released or disclosed, any information addressed in to any other Person, except its Representatives who need to know such information in their capacities as such (who shall be advised of their obligations
hereunder with respect to such information), and except in compliance with . Without limiting the foregoing, when any such Information is no longer needed for the purposes contemplated by this Agreement or any
Ancillary Agreement, and is no longer subject to any legal hold or other document preservation obligation, each Party shall promptly, at the request of the other Party, either return to the other Party all such Tangible Information (including all
copies thereof