Warner Bros. Discovery Inc. – Credit Agreements Watch

from 8-K 229 pages First Lien Credit Agreement Dated as of June 4, 2026 Among Warner Bros. Discovery, Inc. as Holdco, Discovery Global Holdings, Inc. as Parent Borrower, the Designated Subsidiary Borrowers From Time to Time Party Hereto, the Lenders From Time to Time Party Hereto, Jpmorgan Chase Bank, N.A., as U.S. Administrative Agent and Collateral Agent, and J.P. Morgan Se, as NON-U.S. Administrative Agent

from 8-K 27 pages 2 Best of His Ability, and to Devote His Full Business Time and Energy to Perform the Duties Arising Under This Agreement in a Professional Manner That Does Not Discredit, but Furthers the Interests of Company. II. Term of Employment A. Agreement Shall Begin on the Effective Date and End on the Day Prior to the Second (2nd) Anniversary of the Signing Date (Th B. Company Shall Have the Option to Enter Negotiations With Executive to Renew This Agreement With Executive for an Additional Term. if Company Wishes to Exercise Its Option to Enter Negotiations With Executive to Renew This Agreement, It Shall Give Executive Written Notice of Its Intent to Enter Such Negotiations to Renew No Later Than 120 Days Prior to the End of the Term of Employment. Executive and Company Agree Then to Negotiate With Each Other Exclusively and in Good Faith Until the End of the Term of Employment. the Term of Employment May Not, However, Be Extended Unless by Mutual Written Agreement of Company and Executive as to All of the Material Terms and Conditions of the Extension. in the Event the Parties Do Not Enter Into an Agreement to Extend the Term of Employment for an Additional Term, This Agreement Shall Expire and the Term of Employment Shall End on the End Date. III. Compensation A. Base Salary. Company Shall Pay Executive an Annual Base Salary of Two Million Five Hundred Thousand Dollars ($2,500,000), Effective as of the Effective Date. the Base Salary Shall, With Respect to Each Year During the Term of Employment, Be Paid Over the Course of Twelve (12) Months in Increments Paid on Regular Company Paydays, Less Such Sums as Law Requires Company to Practices and Procedures as Generally Applied to Similarly Situated Senior Executive Executive Officer of Company Shall Not Be Considered a Senior Executive. the Annual Base Salary Payable to Executive Under This Section Iii(a), as May Be Increased From Time to Time, Shall Hereinafter Be Refe

from DFAN14A 61 pages Project Warrior $54,000 Million Senior Secured 364-Day Bridge Facility $3,500 Million Senior Secured 364-Day Revolving Facility Second Amended and Restated Commitment Letter

from 8-K 149 pages Non-Investment Grade Leveraged Bridge Loan Agreement Dated as of June 26, 2025 Among Warner Bros. Discovery, Inc., as Parent, Warnermedia Holdings, Inc., as the Borrower, the Lenders Party Hereto, and Jpmorgan Chase Bank, N.A., as Administrative Agent and Collateral Agent, and Jpmorgan Chase Bank, N.A., as Lead Bookrunner, and Bank of America, N.A., Goldman Sachs Bank USA, Citibank, N.A., Deutsche Bank Securities Inc., Royal Bank of Canada, Wells Fargo Securities, LLC, Barclays Bank PLC, Bnp Paribas, Mizuho Bank, Ltd., as Joint Bookrunners and Co-Syndication Agents

from 8-K 171 pages Execution Version 194639719_6 Published Deal Cusip: 25470uam3 Published Revolver Cusip: 25470uan1 Credit Agreement Dated as of October 4, 2024 Among Discovery Communications, LLC, and Certain Subsidiaries as Borrowers, Warner Bros. Discovery, Inc., as the Facility Guarantor, and Certain Subsidiaries as Guarantors, the Lenders Party Hereto, Bank of America, N.A., as Administrative Agent, Swing Line Lender and an L/C Issuer, Jpmorgan Chase Bank, N.A., and Goldman Sachs Bank USA, as Co-Syndication Agents, Barclays Bank PLC, Bnp Paribas, Citibank, N.A., Deutsche Bank Securities Inc., Mizuho Bank, Ltd., Royal Bank of Canada, Wells Fargo Bank, National Association Mufg Bank, Ltd., the Bank of Nova Scotia, Truist Bank, Societe Generale, Banco Santander, S.A., New York Branch, the Toronto-Dominion Bank, New York Branch, Sumitomo Mitsui Banking Corporation and PNC Bank, National Association, as Co-Documentation Agents, and Bofa Securities, Inc., Jpmorgan Chase Bank, N.A., Mizuho Bank, Ltd., Citibank, N.A., Goldman Sachs Bank USA, Barclays Bank PLC, Wells Fargo Securities, LLC, Rbc Capital Markets1, Deutsche Bank Securities Inc., and Bnp Paribas Securities Corp., as Joint Lead Arrangers and Joint Bookrunners 1 Rbc Capital Markets Is a Brand Name for the Capital Markets Business of Royal Bank of Canada and Its Affiliates

from 10-Q 33 pages Amendment No. 1 to Credit Agreement

from 10-Q 28 pages Amendment No. 2 to Credit Agreement

from 8-K 151 pages Credit Agreement Dated as of June 4, 2021 Among Magallanes, Inc., as Borrower, the Lenders Party Hereto, Jpmorgan Chase Bank, N.A., as Administrative Agent Goldman Sachs Bank USA as Syndication Agent, And

from 10-Q 9 pages Amendment No. 1 to Credit Agreement

from 8-K 192 pages Credit Agreement Dated as of June 9, 2021 Among Discovery Communications, LLC, and Certain Subsidiaries as Borrowers, Discovery, Inc., as the Facility Guarantor, the Lenders Party Hereto, Bank of America, N.A., as Administrative Agent, Swing Line Lender and an L/C Issuer, Jpmorgan Chase Bank, N.A., and Goldman Sachs Bank USA, as Co-Syndication Agents,

from 10-Q 166 pages Credit Agreement

from 10-Q 69 pages Amendment No. 1 to Amended and Restated Credit Agreement

from 8-K 214 pages Amended and Restated Credit Agreement Dated as of February 4, 2016 Among Discovery Communications, LLC, and Certain Subsidiaries as Borrowers, Discovery Communications, Inc., as the Facility Guarantor, the Lenders Party Hereto, Bank of America, N.A., as Administrative Agent, Swing Line Lender and an L/C Issuer, Jpmorgan Chase Bank, N.A., Mizuho Bank, Ltd., Citibank, N.A. and Credit Suisse Securities (USA) LLC, as Co-Syndication Agents, Rbc Capital Markets and Bnp Paribas Securities Corp., as Co-Documentation Agents, and Merrill Lynch, Pierce, Fenner & Smith Incorporated, J.P. Morgan Securities LLC, Mizuho Bank, Ltd., Citigroup Global Markets Inc., Credit Suisse Securities (USA) LLC, Rbc Capital Markets and Bnp Paribas Securities Corp., as Joint Lead Arrangers and Joint Bookrunners

from 8-K 202 pages Credit Agreement Dated as of June 20, 2014, Among Discovery Communications, LLC, and Certain Subsidiaries as Borrowers, Discovery Communications, Inc., as the Facility Guarantor, the Lenders Party Hereto, Bank of America, N.A., as Administrative Agent, Swing Line Lender and L/C Issuer, Jpmorgan Chase Bank, N.A., the Royal Bank of Scotland PLC, Citibank, N.A. and Credit Suisse AG, as Joint Syndication Agents, and Merrill Lynch, Pierce, Fenner & Smith Incorporated, J.P. Morgan Securities LLC, Rbs Securities Inc., Citigroup Global Markets Inc. and Credit Suisse Securities (USA) LLC as Joint Lead Arrangers and Joint Bookrunners

from 8-K 139 pages Credit Agreement Dated as of October 13, 2010, Among Discovery Communications, LLC, as Borrower, Discovery Communications, Inc., as Guarantor, the Lenders Party Hereto, Bank of America, N.A., as Administrative Agent, Swing Line Lender and L/C Issuer, Jpmorgan Chase Bank, N.A. and the Royal Bank of Scotland PLC, as Joint Syndication Agents, Citibank N.A. and Credit Suisse AG, as Joint Documentation Agents, and Banc of America Securities LLC, J.P. Morgan Securities LLC and Rbs Securities Inc., as Joint Lead Arrangers and Joint Book Managers

from 10-Q 9 pages Credit Agreement Supplement No. 1

from S-4 136 pages Credit, Pledge and Security Agreement Dated as of May 14, 2007, Among Discovery Communications Holding, LLC, as Borrower, the Lenders Party Hereto, Bank of America, N.A., as Administrative Agent, Jpmorgan Chase Bank, N.A., as Syndication Agent, the Royal Bank of Scotland, PLC, Toronto Dominion (Texas), Inc. and Wachovia Bank, National Association, as Documentation Agents and Banc of America Securities LLC and J.P. Morgan Securities, Inc, as Joint Lead Arrangers and Joint Bookrunners

from S-4 31 pages Amendment No. 3

from S-4 29 pages Amendment No. 2

from S-4 57 pages Amendment No. 1