Company: WBD
Filing Date: 2025-12-05
Form Type: 425
Source: 0001193125-25-309939
Chunk: 246

Company: Warner Bros. Discovery, Inc.
Filing Date: 2025-12-05
Form: 425
Chunk 246
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 the waiving Party of any subsequent or other default, nor shall it prejudice the rights of the other Party. No failure or delay by a Party in exercising any right, power or privilege under this
Agreement or any Ancillary Agreement shall operate as a waiver thereof, nor shall a single or partial exercise thereof prejudice any other or further exercise thereof or the exercise of any other right, power or privilege.

10.14 . Subject to the provisions of , in the event of any actual or threatened default in, or
breach of, any of the terms, conditions and provisions of this Agreement or any Ancillary Agreement, the Party hereto or parties thereto, respectively, who are, or are to be, thereby aggrieved shall have the right to specific performance and
injunctive or other equitable relief in respect of their respective rights under this Agreement or such Ancillary Agreement, as applicable, in addition to any other rights and remedies at law or in equity, and all such rights and remedies shall be
cumulative. The Parties agree that the remedies at law for any breach or threatened breach, including monetary damages, are inadequate compensation for any loss and that any defense in any action for specific performance that a remedy at law would
be adequate is waived. Any requirements for the securing or posting of any bond with such remedy are waived by each of the Parties.

10.15
.

(a) Amendments. Prior to the closing of the Merger, this Agreement or any Ancillary
Agreement (or the Exhibits, Schedules and appendices hereto and thereto, subject to any additional restrictions set forth therein) may be amended, supplemented or modified by and in the sole discretion of the Company upon prior written notice to
Buyer but without the approval of Buyer or the stockholders of the Company or any other Person; that prior to making any such amendment, supplement or modification that would materially adversely affect Buyer, its Affiliates or the
Company Group, the Company shall also obtain Buyer’s prior written consent (which consent shall not be unreasonably withheld, conditioned or delayed); , , that written notice to, or consent from, Buyer shall not be
required if at or before such amendment, supplement

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or modification is made, the Merger Agreement has been terminated in accordance with the terms thereof. Following the closing of the Merger, this Agreement or any Ancillary Agreement (or the Exhibits, Schedules and appendices hereto and thereto, subject to any additional restrictions set forth therein)