Warner Bros. Discovery (WBD) AGM 2026 summary

Opening remarks and agenda

• Meeting held virtually to enable global participation and attended by all board members and key executives.

• Purpose was to consider and vote on the merger agreement with Paramount Skydance and a related compensation proposal.

• Notice of meeting and proxy statement dated March 26, 2026, outlined the agenda and voting procedures.

Board and executive committee updates

• Board expressed commitment to shareholder value and highlighted leadership during the strategic review process leading to the merger agreement.

• Senior management, including CEO, CFO, and other key officers, were present and acknowledged for their roles.

Shareholder proposals

• Two proposals were presented: approval of the merger with Paramount Skydance and an advisory vote on executive compensation related to the merger.

• No additional proposals were considered at the meeting.