Company: WBD
Filing Date: 2025-12-05
Form Type: 425
Source: 0001193125-25-309879
Chunk: 273

Company: Warner Bros. Discovery, Inc.
Filing Date: 2025-12-05
Form: 425
Chunk 273
---
 obligations owed to any Employee Representative Body in relation to the Transactions.

Section 2.4 . To the extent necessary, SpinCo and the Company will engage third-party “professional
employer organizations” or “employers of record” (“”) to act as the legal employer of Company Transferring Employees or SpinCo Transferring Employees, respectively, in jurisdictions where no SpinCo Group
Member or Company Group Member, as applicable, is available to serve as the legal employer of such employees. Individuals who become employed by a PEO engaged by a SpinCo Group Member shall be “SpinCo Group Employees,” and individuals
who become employed by a PEO engaged by a Company Group Member shall be “Company Group Employees,” for purposes of this Agreement.

-10-

Section 2.5 . Concurrently with the execution of this
Agreement, the Parties may enter into one or more employee secondment agreements pursuant to which from and after the Distribution Effective Time for the time period set forth therein certain SpinCo Group Employees will be fully dedicated or
committed to the Company Group (the “”) and/or certain Company Group Employees will be fully dedicated or committed to the SpinCo Group (the “”).
Notwithstanding anything to the contrary herein, all such Seconded SpinCo Group Employees shall be treated as “SpinCo Group Employees” and all such Seconded Company Group Employees shall be treated as “Company Group
Employees” for all purposes of this Agreement.

Section 2.6 .

(a) Except as may be otherwise acknowledged in writing between the Parties, it is the intention of both the Company
and SpinCo that, on the termination of any Transition Services Agreement (or the termination of any services to be provided under any such Transition Services Agreement), no SpinCo Group Employee shall transfer by operation of any applicable
Transfer Regulations to the Company Group and no Company Group Employee shall transfer by operation of any Transfer Regulations to the SpinCo Group, and the Parties agree to use commercially reasonable efforts to achieve the foregoing in this
.

(b) If, irrespective of the intention of the Company and SpinCo as set out in
above, a court of competent jurisdiction determines, or it is alleged by any Company Group Employee or SpinCo Group Employee that the employment of any Company Group Employee or SpinCo Group Employee has, in
connection with the termination of any Transition Services Agreement (or any services to be provided under any such Transition Services Agreement), transferred automatically by operation of any applicable Transfer Regulations to the SpinCo Group or
Company Group, respectively, then: