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Warner Bros. Discovery (WBD) Announces Resignations of Steven A. Miron and Steven O. Newhouse from Board

April 1, 2024 4:04 PM

On March 29, 2024, each of Steven A. Miron and Steven O. Newhouse notified the Warner Bros. Discovery (NASDAQ: WBD) Board of Directors (the “Board”) of his decision to resign from the Company’s Board and its committees, effective as of March 29, 2024. Each of Messrs. Miron and Newhouse are Class III directors whose terms were scheduled to expire at the Company's 2025 Annual Meeting of Stockholders. Mr. Miron was a member of the Company’s Compensation Committee and Mr. Newhouse was a member of the Company’s Nominating and Corporate Governance Committee. The resignations were not the result of any disagreement with the Company on any matter relating to the Company’s operation, policies or practices.
Following the receipt of Mr. Miron's and Mr. Newhouse's resignations, on April 1, 2024, the Board adopted a resolution to reduce the size of the Board to eleven directors, as permitted under the Company’s Second Restated Certificate of Incorporation and the Company’s Amended and Restated Bylaws.

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