Company: WBD
Filing Date: 2025-12-05
Form Type: 425
Source: 0001193125-25-309939
Chunk: 229

Company: Warner Bros. Discovery, Inc.
Filing Date: 2025-12-05
Form: 425
Chunk 229
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 Effective Time ( that such Party notifies the other Party of any such material change) until the earlier of (i) six (6) years following the Distribution Effective Time and
(ii) the duration required under such policies; , , that, notwithstanding the foregoing, (a) each Party shall retain all such Information until at least the latest of such date as may be required by applicable
Law and (b) any such Information that is subject to a litigation hold must be retained by the applicable Party until such litigation hold is no longer in effect. Notwithstanding the foregoing, of the Tax
Matters Agreement shall govern the retention of Tax Records (as defined in the Tax Matters Agreement) and the Employee Matters Agreement shall govern the retention of employment- and benefits-related records.

6.5 . Neither Party shall have any Liability to the other Party in the event that any Information exchanged or
provided pursuant to this Agreement is found to be inaccurate in the absence of gross negligence, bad faith or willful misconduct by the Party providing such Information. Neither Party shall have any Liability to any other Party if any Information
is destroyed after commercially reasonable efforts by such Party to comply with the provisions of .

6.6 .

(a) The rights and obligations granted under this are subject to any specific limitations, qualifications or
additional provisions on the sharing, exchange, retention or confidential treatment of Information set forth in the Merger Agreement or any Ancillary Agreement.

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(b) Any Party that receives, pursuant to a request for Information in
accordance with this , Tangible Information that is not relevant to its request shall, at the request of the providing Party, (i) return it to the providing Party or destroy it, at the providing Party’s election, and
(ii) deliver to the providing Party a written confirmation that such Tangible Information was returned or destroyed, as the case may be, which confirmation shall be signed by an authorized representative of the requesting Party.

6.7 .

(a) After the Distribution Effective Time, except in the case of an adversarial Action or Dispute between the Company and
SpinCo or any members of their respective Groups, each Party shall use commercially reasonable efforts to make available to the other Party, upon written request, the former, current and future directors, officers, employees, other personnel and
agents of the members of its Group as witnesses and any books, records or other documents within its control or which it otherwise has the ability to make available without undue burden, to the extent that any such person (giving consideration to