Company: WBD
Filing Date: 2025-02-27
Form Type: S-3ASR
Source: 0001193125-25-039203
Chunk: 12

Company: Warner Bros. Discovery, Inc.
Filing Date: 2025-02-27
Form: S-3ASR
Chunk 12
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 dates, prices, obligations and restrictions on the debt securities; |

| • |     | the currency, currencies or currency units for which you may purchase the debt securities and the currency,  
 currencies or currency units in which principal and interest, if any, on the debt securities may be payable; |

| • |     | any conversion or exchange features of the debt securities; |

| • |     | whether and upon what terms the debt securities may be defeased; |

| • |     | any events of default or covenants in addition to or in lieu of those set forth in the indenture; |

| • |     | whether the debt securities will be issued in definitive or global form or in definitive form only upon 
 satisfaction of certain conditions;                                                                     |

| • |     | whether the series of debt securities will be guaranteed as to payment or performance; |

| • |     | any material U.S. federal tax implications of the debt securities; and |

| • |     | any other material terms of the debt securities. |

The applicable issuer may from time to time, without notice to or the consent of the holders of any series of debt securities, create and issue further debt securities of any such series ranking equally with the debt securities of such series in all respects (or in all respects other than (1) the payment of interest accruing prior to the issue date of such further debt securities or (2) the first payment of interest following the issue date of such further debt securities). Such further debt securities may be consolidated and form a single series with the debt securities of such series and have the same terms as to status, redemption or otherwise as the debt securities of such series. 10

You may present debt securities for exchange and you may present debt securities for transfer in the manner, at the places and subject to the restrictions set forth in the debt securities and the applicable prospectus supplement. The applicable issuer will provide you those services without charge, although you may have to pay any tax or other governmental charge payable in connection with any exchange or transfer, as set forth in the indenture. Debt securities may bear interest at a fixed rate or a floating rate. Debt securities bearing no interest or interest at a rate that at the time of issuance is below the prevailing market rate (original issue discount securities) may be sold at a discount below their stated principal amount. U.S. federal income tax considerations applicable to any such discounted debt securities or to certain debt securities issued at par which are treated as having been issued at a discount for