Company: WBD
Filing Date: 2025-12-05
Form Type: 425
Source: 0001193125-25-309939
Chunk: 358

Company: Warner Bros. Discovery, Inc.
Filing Date: 2025-12-05
Form: 425
Chunk 358
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 for underpayments under Section 6621 of the Code on the date on which such payment was due, calculated for the actual number of days elapsed, accrued from the date on which such payment
was due up to and including the date of the actual receipt of payment.

(c) Without the prior written consent of the Party receiving any
payment under this Agreement specifying otherwise, all payments to be made by the Company or SpinCo under this Agreement shall be made in U.S. dollars. Except as expressly provided herein, any amount which is not expressed in U.S. dollars shall be
converted into U.S. dollars by using the Bloomberg fixing rate at 5:00 pm New York City Time on the day before the date the payment is required to be made or, as applicable, on which a Payment Notice is submitted or in theWall Street Journal
on such date if not so published on Bloomberg. Except as expressly provided herein, in the event that any indemnification payment required to be made hereunder may be denominated in a currency other than U.S. dollars, the amount of such payment
shall be converted into U.S. dollars on the date in which notice of the claim is given to the indemnifying Party.

Section 14.12
. Each of the Parties shall cause to be performed, and hereby guarantees the performance of, all actions, agreements and obligations set forth herein to be performed by any Subsidiary of such Party or by any Person that becomes a
Subsidiary of such Party at or after the time of the Distribution, in each case to the extent such Subsidiary remains a Subsidiary of the applicable Party.

Section 14.13 . The provisions of this Agreement shall be deemed severable and the illegality, invalidity or
unenforceability of any provision shall not affect the legality, validity or enforceability of the other provisions of this Agreement. If any provision of this Agreement, or the application of such provision to any Person or any circumstance, is
illegal, invalid or unenforceable, (a) a suitable and equitable provision to be negotiated by the Parties, each acting reasonably and in good faith, shall be substituted therefor in order to carry out, so far as may be legal, valid and
enforceable, the intent and purpose of such illegal, invalid or unenforceable provision, and (b) the remainder of this Agreement and the application of such provision to other Persons or circumstances shall not be affected by such illegality,
invalid