Company: WBD
Filing Date: 2025-12-05
Form Type: 425
Source: 0001193125-25-308654
Chunk: 151

Company: Warner Bros. Discovery, Inc.
Filing Date: 2025-12-05
Form: 425
Chunk 151
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 payable by Buyer under this Agreement or in
connection with the Transactions.

“” means the Debt Commitment Letter, any other commitment letter,
engagement letter, underwriting agreement, purchase agreement, placement agreement, credit agreement or indenture or any other agreement or document, in each case entered into by any Financing Source, on the one hand, and Buyer, on the other, in
connection with any Financing.

“” means the Financing Sources, their respective Affiliates
and the respective partners, managers, members, trustees, officers, directors, employees, controlling persons, agents and other Representatives of any of the foregoing, and their respective successors and permitted assigns.

Annex A-9

“” means the Persons (other than Buyer) party from time
to time to the Debt Commitment Letter or any other Financing Document, including any such Persons becoming party thereto pursuant to any joinder documentation, and each other Person that has committed or agreed to provide, arrange, syndicate,
underwrite, purchase or place any Financing, or has otherwise entered into any agreement with Buyer in connection with, or that is otherwise acting as an arranger, bookrunner, underwriter, initial purchaser, placement agent, administrative agent,
trustee or a similar representative in respect of, all or any part of the Financing, and their respective successors and permitted assigns.

“” means foreign and transnational Governmental Entities with jurisdiction over Foreign Regulatory Laws.

“” means foreign and transnational Laws regarding (a) the provision of broadcasting,
streaming or audio-visual media services, (b) the restriction or regulation of investment on national security, national interest or public order grounds, or (c) Laws concerning the review, notification or regulation of foreign subsidies
or other forms of state support provided by non-domestic governments, including any Laws governing the assessment of distortive foreign subsidies in connection with mergers, acquisitions, joint ventures or
public procurement.

“” means actual and intentional common law fraud under Delaware law with respect to a
representation and warranty set forth in or by the Party making such representation or warranty. For the avoidance of doubt, “Fraud” shall not include any claim for equitable fraud, promissory fraud,
unfair dealings fraud or any torts (including a claim for fraud) based on negligence or recklessness.

“” means
United States generally accepted accounting principles.

“” means any official, officer, employee,
or representative of, or any Person acting in an official capacity for or on behalf of, any Governmental