Company: WBD
Filing Date: 2025-12-05
Form Type: 425
Source: 0001193125-25-309879
Chunk: 385

Company: Warner Bros. Discovery, Inc.
Filing Date: 2025-12-05
Form: 425
Chunk 385
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licensors (with respect to each Service, the “” and, collectively for all Services, the “”). Any incidental expenses not contemplated in the Service Fees that are incurred by Service
Provider and approved by Service Recipient, such approval not to be

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unreasonably withheld, shall be reimbursed by Service Recipient to Service Provider in accordance with . Service Recipient shall not be obligated to pay for
any individual Service that was terminated pursuant to and in accordance with ; that Service Recipient shall, in accordance with , pay Service Provider the
Service Fee relating to any terminated Service until the effective date of termination; , that Service Provider is not obligated to provide any such remaining Service noted as dependent or interrelated to the
terminated Service on Schedule I or Schedule II, as applicable, in accordance with and identified on Schedule IVas a Service that cannot reasonably be provided
without the terminated Service. To the extent that a Service requires that inventory or other purchases be specified to a third-party vendor, except as otherwise set forth on Schedule I or Schedule II, as applicable,
Service Recipient shall be responsible for notifying Service Provider thereof and shall consent in writing to the purchase of such inventory or other purchases, in which case Service Provider shall procure the foregoing in accordance with such
notice and written consent and Service Recipient shall reimburse Service Provider for the foregoing in accordance with the terms of . Unless otherwise set forth on Schedule I or Schedule II, commencing on the first anniversary of the Effective Date, all Service Fees shall be increased three percent (3%) other than any portion of a Service Fee that constitutes a fee paid by Service Provider to a third-party vendor, which
shall be passed through to Service Recipient without any markup. For the avoidance of doubt, with respect to any Service set forth in Schedule I or Schedule II that indicates the corresponding Service Fee as having both a
fixed component and a variable component, such charges are additive to and not exclusive of one another.

. All undisputed payments shall be made by Service Recipient
(or, where specified in Schedule I or Schedule II, as applicable, or otherwise mutually agreed by the Parties, an Affiliate of Service Recipient), without set-off (subject to
), within sixty (60) days after receipt of an invoice therefor. Service Provider (or, where specified in Schedule I or Schedule II, as applicable, or otherwise mutually agreed by
the Parties, an Affiliate of Service Provider) shall send invoices on a monthly basis for payments to be made under this Agreement. The Parties