Company: WBD
Filing Date: 2025-12-05
Form Type: 425
Source: 0001193125-25-309879
Chunk: 177

Company: Warner Bros. Discovery, Inc.
Filing Date: 2025-12-05
Form: 425
Chunk 177
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 among, inter alia, certain members of the SpinCo Group and the lenders named therein, on such terms and conditions as agreed to by such members of the SpinCo Group and the
other parties to the credit agreement and approved by the Company.

“” shall have the meaning set forth in .

16

“” shall have the meaning set forth in
.

“” shall mean the New York Stock Exchange.

“” shall have the meaning set forth in .

“” shall mean the Company and SpinCo.

“” shall have the meaning set forth in the definition of Intellectual Property.

“” shall mean permits, approvals, authorizations, consents, licenses or certificates issued by any Governmental
Authority.

“” shall mean an individual, a general or limited partnership, a corporation, a trust, a joint
venture, an unincorporated organization, a limited liability entity, any other entity and any Governmental Authority.

“” shall mean any claim reported to the applicable insurer(s) on or prior to the Distribution Effective Time in respect of a Pre-Distribution Effective Time Event that results in a deductible or retention under a “claims made”-based Company Policy in effect on or prior to the Distribution Date or any extended reporting period
thereof.

“” shall have the meaning set
forth in .

“” shall mean any claim (whether made prior to, on or following the Distribution Effective Time and whether known prior to, on or following the Distribution Effective Time) in respect of a Pre-Distribution Effective Time Event under an “occurrence-based” Company Policy in effect on or prior to the Distribution Date.

“” shall mean any information, in written, oral, electronic or other tangible or intangible forms,
including any communications by or to attorneys (including attorney-client privileged communications), memoranda and other materials prepared by attorneys or under their direction (including attorney work product), as to which a Party or any member
of its Group would be entitled to assert or have asserted a privilege, including the attorney-client and attorney work product privileges.

“” shall have the meaning set forth in the Tax Matters Agreement.

“” shall mean land together with all easements, rights and interests arising out of the ownership thereof or
appurtenant thereto and all buildings, structures, improvements and fixtures located thereon.

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“” shall mean all leases and subleases to Real
Property and, to the extent covered by such leases, any and all buildings, structures, improvements and fixtures located thereon.

“” shall mean the close