On January 4, 2023, Robert R. Bennett notified the Board of Directors of Warner Bros. Discovery, Inc. of his decision to resign from the Company's Board, effective as of April 1, 2023. On January 17, 2023, in accordance with the procedures set forth in the Company's Second Restated Certificate of Incorporation, Kenneth W. Lowe was appointed to fill the vacancy created by Mr. Bennett's resignation, effective as of April 2, 2023.

Mr. Lowe will serve as a Class I director and will stand for election by the Company's stockholders at the 2023 Annual Meeting of Stockholders. The Board anticipates naming Mr. Lowe to serve on one or more committees of the Board, and the Company will file an amendment to this Current Report on Form 8-K within four business days after the Board makes this determination. Mr. Lowe served as Chairman, President and Chief Executive Officer of Scripps Networks Interactive, Inc. from 2008 until 2018, when Scripps Networks merged with Discovery, Inc. From 2000-2008, Mr. Lowe served as President and Chief Executive Officer of The E.W. Scripps Company.

Mr. Lowe also served as Chief Operating Officer of The E.W. Scripps Company during 2000. Mr. Lowe was a member of the Discovery, Inc. board of directors from March 2018 until April 2022. Mr. Lowe's expertise in the media industry and experience as a public company executive, as well as his experience in the areas of integration and transformation following a significant merger make him a valuable addition to the Company's Board.