(STRZ)

Role: Other*
Signature: Warner Bros. Discovery, Inc., By: /s/ Tara L. Smith, Executive Vice President and Corporate Secretary
Stock symbol: STRZ
Transactions as of: May 6, 2025
Transactions value $: $0
Form type: 4
Date filed: 5/8/2025, 05:00 PM
SEC: View on sec.gov

Reporting Owners (2)

Name	Relationship	Address	Signature	Signature date	CIK
Warner Bros. Discovery, Inc.	Other*	230 PARK AVENUE SOUTH, NEW YORK	Warner Bros. Discovery, Inc., By: /s/ Tara L. Smith, Executive Vice President and Corporate Secretary	2025-05-08	0001437107
Discovery Lightning Investments LTD	Other*	566 CHISWICK HIGH ROAD, DISCOVERY HOUSE, CHISWICK PARK BUILDING 2, LONDON, UNITED KINGDOM	Discovery Lightning Investments Ltd., By: /s/ Tara L. Smith, Attorney-in-Fact	2025-05-08	0001658101

Transactions Table

Type	Sym	Class	Transaction	Shares	Change %	Shares After	Date	Ownership	Footnotes
transaction	STRZ	Class A Voting Shares	Other	-2.5M	-100%	0	May 6, 2025	By subsidiary	F1, F2
transaction	STRZ	Class B Non-Voting Shares	Other	-2.5M	-100%	0	May 6, 2025	By subsidiary	F1, F2
transaction	STRZ	Common Shares	Other	+5.3M		5.3M	May 6, 2025	By subsidiary	F1, F2
transaction	STRZ	Common Shares	Other	+353K		353K	May 6, 2025	By subsidiary	F2, F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	On May 6, 2025, Lions Gate Entertainment Corp. ("LGEC") completed the separation of its motion picture and television studio operations businesses from its other businesses through a series of transactions (the "Transactions"). In connection with the completion of the Transactions, Lions Gate Entertainment Corp. was renamed Starz Entertainment Corp. (the "Issuer"). Pursuant to the Transactions, following a series of exchanges, among other things, (1) each Class A voting share, no par value, of LGEC ("Class A Voting Shares") was ultimately exchanged for one and twelve one-hundredths (1.12) common shares, no par value, of the Issuer ("Common Shares") and (2) each Class B non-voting share, no par value, of LGEC ("Class B Non-Voting Shares") was ultimately exchanged for one (1) Common Share.
F2	The shares are held directly by Discovery Lightning Investments Ltd. ("DLI"). Because DLI is an indirect wholly-owned subsidiary of Warner Bros. Discovery, Inc. ("WBD"), WBD may be deemed to beneficially own the reported securities. WBD expressly disclaims beneficial ownership of the reported securities, except to the extent of its pecuniary interest therein.
F3	Following the exchange of Class A Voting Shares and Class B Non-Voting Shares for Common Shares, the Common Shares were consolidated on a 15-to-1 basis such that every fifteen (15) Common Shares were consolidated into one (1) Common Share.

Remarks:

As a result of certain agreements among the Reporting Persons, the Issuer and certain other shareholders of the Issuer, the Reporting Persons may be deemed members of a "group", within the meaning of Rule 13d-5(b)(1) under the Securities Exchange Act of 1934, as amended (the "Act"), with such other shareholders, that beneficially owns more than 10% of the Common Shares of the Issuer. These agreements are described in, and filed as exhibits to, the Issuer's Current Report on Form 8-K filed with the Securities Exchange Commission on May 7, 2025. This filing is being made as a precautionary matter and shall not be deemed an admission that any of the Reporting Persons is a member of a group or subject to the reporting requirements of Section 16 of the Act.