Company: WBD
Filing Date: 2025-12-05
Form Type: 425
Source: 0001193125-25-309939
Chunk: 255

Company: Warner Bros. Discovery, Inc.
Filing Date: 2025-12-05
Form: 425
Chunk 255
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” means any Former SpinCo Group Employee or Former Company Group Employee.

“” means any individual who, as of immediately prior to the Distribution Effective Time, is a
former employee of a member of the Group, or any of their respective predecessors or former Affiliates, and who is not a Former SpinCo Group Employee.

“” means any individual who, as of immediately prior to the Distribution Effective Time is a
former employee of a member of the Group, or any of their respective predecessors or former Affiliates, and who, upon his or her last termination of employment with all members of the Group and their respective predecessors or former Affiliates was
identified in the system then of record as an employee of an entity as of the date hereof that is a SpinCo Group Member (or predecessor of a SpinCo Group Member).

“” shall have the meaning ascribed to it in the Separation Agreement.

“” means continued salary payments and other payments and benefits provided to a departing employee of
the Group for any notice period immediately prior to such employee’s employment termination date during which the employee is instructed by a member of the Group not to attend the workplace or carry out their normal employment duties.

“” means the Company and each of its Subsidiaries, including each SpinCo Group Member and each other Company Group
Member.

“” means the Health Insurance Portability and Accountability Act of 1996, as amended.

“” means an employee who is not actively working as a result of an illness, injury or leave of absence
(including short-term or long-term disability).

-5-

“” shall have the meaning ascribed to it in the Separation
Agreement.

“” means the U.S. Internal Revenue Service or any successor agency.

“” shall have the meaning ascribed to it in the Separation Agreement.

“” means each former employee of the Group and each current employee of the Group receiving Garden
Leave Payments, in each case, who ceased to be an active employee of the Group prior to the Distribution Date and who at the time such individual ceased to be an active employee primarily provided Corporate Services to the Group.

“” shall have the meaning ascribed to it in the Separation Agreement.

“” shall have the meaning ascribed to it in the Separation Agreement.

“” shall have the meaning set forth in
.

“”
shall have the meaning set forth in .

“” means the Mirror SpinCo
Non-Qualified Plan associated with the Company SRP.

“”