Company: WBD
Filing Date: 2025-12-05
Form Type: 425
Source: 0001193125-25-309879
Chunk: 228

Company: Warner Bros. Discovery, Inc.
Filing Date: 2025-12-05
Form: 425
Chunk 228
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 to conduct and control the defense of such Third-Party Claim in such defense and make available to the controlling Party, at the non-controlling Party’s expense, all witnesses, information and materials in such Party’s possession or under such Party’s control relating thereto as are reasonably required by the controlling
Party. In addition to the foregoing, if any Indemnitee reasonably determines in good faith that such Indemnitee and the Indemnifying Party have actual or potential differing defenses or conflicts of interest between them that make joint
representation in connection with a Third-Party Claim inappropriate, then the Indemnitee shall have the right to employ separate outside counsel (including local counsel as necessary) and to participate in (but not control) the defense, compromise
or settlement thereof, and the Indemnifying Party shall bear the reasonable and documented fees and expenses of such outside counsel for all Indemnitees.

(e) No Settlement. The Indemnified Party shall not settle or compromise any Third-Party Claim for which the Indemnified
Party is seeking to be indemnified hereunder without the prior written consent of the Indemnifying Party, which consent shall not be unreasonably withheld, conditioned or delayed. The Indemnifying Party shall have the right to settle or compromise
any Third-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