Company: WBD
Filing Date: 2025-12-05
Form Type: 425
Source: 0001193125-25-309939
Chunk: 216

Company: Warner Bros. Discovery, Inc.
Filing Date: 2025-12-05
Form: 425
Chunk 216
---
Party Claim the defense of which it shall have assumed pursuant to . Notwithstanding the foregoing sentence, the Indemnifying Party shall not settle or compromise any such Third-Party Claim without
the prior written consent of the Indemnified Party, which consent shall not be unreasonably withheld, conditioned or delayed, unless such settlement or compromise is solely for monetary damages that are fully payable by the Indemnifying Party, does
not involve any admission, finding or determination of wrongdoing or violation of Law by the Indemnified Party and provides for a full, unconditional and irrevocable release of the Indemnified Party and its Indemnitees from all Liability in
connection with the Third-Party Claim.

(f) Reporting. Upon request and as otherwise reasonably necessary to keep
the Indemnitee informed, the Indemnifying Party shall provide the Indemnitee with a written report identifying any Third-Party Claims that such Indemnifying Party has elected to defend pursuant to , as
applicable. In addition, the Indemnifying Party shall establish a procedure reasonably acceptable to the Indemnitee to send written notice from the Indemnifying Party to the Indemnitee when any such Third-Party Claim is closed, regardless of whether
such Third-Party Claim was decided by settlement, verdict, dismissal or was otherwise disposed of.

58

(g) Existing and Future Third-Party Claims; Allocation of Actions.
The provisions of this Article IV shall apply to Third-Party Claims that are already pending or asserted as well as Third-Party Claims brought or asserted after the date of this Agreement. There shall be no requirement under this
to give notice with respect to the existence of any Third-Party Claim that exists as of the date of this Agreement. Each Party on behalf of itself and each other member of its Group acknowledges that Liabilities
for Actions (regardless of the parties to the Actions) may be partly Company Liabilities and partly SpinCo Liabilities. If the Parties cannot agree on the allocation of any such Liabilities for Actions, they shall resolve the matter of such
allocation pursuant to the procedures set forth in . No Party shall, nor shall any Party permit the other members of its Group (or their respective then-Affiliates) to, file Third-Party Claims or cross-claims against the other
Party or any members of the other Group in an Action in which a Third-Party Claim is being resolved.

4.6 .

(a) Timing of