Warner Bros. Discovery, Inc. — Director's Dealing 2022

Apr 13, 2022

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: Warner Bros. Discovery, Inc. (WBD)
CIK: 0001437107
Period of Report: 2022-04-08

Reporting Person: Newhouse Steven O (Director)

Holdings (Non-Derivative)

Security	Shares	Ownership
Series A common stock, par value $0.01 per share	343	Direct
Series A common stock, par value $0.01 per share	198175592	Indirect

Footnotes

F1: Mr. Newhouse held shares of Warner Bros. Discovery, Inc.'s (the "Company") Series A Common Stock, par value $0.01 per share (the "Common Stock") at the time of his election to the Warner Bros. Discovery, Inc, Board of Directors.

F2: Advance/Newhouse Programming Partnership, a New York Partnership ("ANP") owns 194,023,290 shares of the Common Stock of the Company and Advance Newhouse Partnership, a New York Partnership ("A/N") owns 4,152,302 shares of the Common Stock of the Company. Mr. Newhouse, by virtue of his affiliations with Advance Publications, Inc., a New York corporation ("API"), Newhouse Broadcasting Corporation, a New York corporation ("NBCo"), and certain holders of equity in API and NBCo, may be deemed to beneficially own shares of Common Stock of the Company owned directly by A/N and ANP. API and NBCo indirectly own all of the partnership interests of A/N and ANP.

F3: Mr. Newhouse disclaims beneficial ownership of the shares of Common Stock owned by A/N and ANP and this report shall not be deemed an admission that Mr. Newhouse is the beneficial owner of such shares for purposes of Section 16 or for any other purpose.