Company: WBD
Filing Date: 2025-12-05
Form Type: 425
Source: 0001193125-25-309879
Chunk: 308

Company: Warner Bros. Discovery, Inc.
Filing Date: 2025-12-05
Form: 425
Chunk 308
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idiaries or their respective agents) to so comply with all applicable Laws, regulations and internal policies applicable to such Information.

(d) Confidentiality. Notwithstanding anything in this Agreement to contrary, all confidential records, data and other Information to be
shared pursuant to this shall be subject to and of the Separation Agreement and the requirements of applicable Law.

(e) Limitations ofLiability; Ownership ofInformation. Information exchanged or provided pursuant to this
shall be subject to and of the Separation Agreement.

(f) Interaction with OtherAgreements. To the extent not inconsistent with this Agreement or any applicable privacy protection
Laws or regulations, the foregoing rights and obligations in this shall be in addition to any similar or related rights and obligations that may be provided or applicable to Company Group Members and SpinCo
Group Members, as applicable, under the Separation Agreement and any other Ancillary Agreement, if and as applicable.

Section 12.2
. Each of the Parties hereto will use its commercially reasonable efforts to promptly take, or cause to be taken, all actions and to do, or cause to be done, all things necessary, proper or advisable under
applicable Laws and regulations to consummate the transactions contemplated by this Agreement, including adopting plans or plan amendments. Without limiting the generality of the foregoing, each of the Parties hereto shall cooperate fully on any
issue relating to () the Transactions for which the other Party seeks a determination letter or private letter ruling from the IRS, an advisory opinion from the DOL or any other filing (including, without limitation, securities, labor
law, Pension Benefit Guaranty Corporation or exchange control filings), consent or approval with respect to or by a Governmental Authority, () any audit of, or litigation with respect to, any Benefit Plan or any corrective actions
relating to any Benefit Plan, labor or payroll practices (including with respect to employment taxes) and () the reconciliation and administration of post-closing compensation, benefit, employment and payroll issues; ,
, that, in each case, requests for cooperation must be reasonable and not unduly interfere with daily business operations.

Section 12.3 . No
provision of this Agreement or the Separation Agreement shall be construed to create any right, or accelerate entitlement, to any compensation or benefit whatsoever on the part of any Company Group Employee or SpinCo Group Employee or other future,
present or former employee of any member of the Company Group or SpinCo Group under any Company Plan or SpinCo Plan or otherwise. This Agreement is solely for