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Sustainability Content

Corporate Responsibility

Letter from Jeff Bewkes

At Time Warner, we are passionate about telling the world's most compelling stories to diverse
audiences around the globe.

Time Warner has a long and proud tradition of innovation, dating back to the early days of motion
pictures and encompassing, among many other milestones, the first talking feature film, the
invention of premium television services, and the first 24-hour news channel. We continue to
innovate across our company today, redefining what it is to be a leading media and
entertainment company in the digital age. And the movies, television programs, and journalism
we create are second to none.

Our basic beliefs in journalistic integrity, freedom of expression, diversity of viewpoints and
responsible content are at the heart of what we do. By aligning our businesses with these beliefs,
we're able to drive the growth of our businesses in a responsible and ethical manner, strengthen
our reputation, and help create a better connected and well-informed world.

In 2006, Time Warner became the first major U.S.-based media and entertainment company to
issue a comprehensive corporate social responsibility report. We are continuing our reporting on
corporate responsibility at Time Warner in this website and, as you read it, I hope you will see
how corporate responsibility is connected to what we do as a company.

I am proud of what our company has accomplished. Time Warner continues to excel
operationally and financially and at the same time has been able to focus on supporting and
improving the communities in which our employees work and live.

Jeff Bewkes

Corporate Responsibility Reporting at Time Warner

Below is information regarding our corporate responsibility reporting, the scope of our reporting,
how we use the Global Reporting Initiative's guidelines, and how to contact us regarding
corporate responsibility.

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Reporting History

In 2006, Time Warner became the first major U.S.-based media and entertainment company to
issue a comprehensive corporate social responsibility (CSR) report. We published a second
report in 2008. We decided not to publish a report in 2010, given the significant changes to the
company following the spin-offs of AOL Inc. and Time Warner Cable Inc. in 2009. This decision
enabled us to align our citizenship activities as a content-focused company before publishing
another corporate responsibility report.

Shift to Online Reporting

Providing easily accessible corporate responsibility information to our stakeholders is important

to us. For this reason, in 2012, we transitioned our CSR reporting from a traditional PDF and
printed report to a web-based format. Online reporting creates a more dynamic and relevant
platform for discussing Time Warner citizenship efforts and benefits our stakeholders in the
following ways:

• offers greater flexibility for finding and using specific types of corporate responsibility
• provides better integration with other online information about Time Warner; and
• enables us to make more frequent updates.

Online reporting is also consistent with the spirit of the web-based delivery of our report as it
helps us reduce our greenhouse gas emissions and consumption of natural resources since we
will no longer distribute a printed report.

Materiality and Scope

On the corporate responsibility section of our website, we discuss topics that are material to our
businesses. For the purposes of the corporate responsibility section of our website, we define
materiality according to the Global Reporting Initiative's G3 guidelines: "The information in a
report should cover topics and indicators that reflect the organization's significant economic,
environmental, and social impacts or that would substantively influence the assessments and
decisions of stakeholders."

Accordingly, we emphasize the Telling the World's Stories section because our content is most
material to our businesses. In addition, we focus on the key issue of diversity in several areas of
the corporate responsibility section of our website because it has significant impacts on the
company's marketplace, workplace and workforce.

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In terms of scope, we included information about our three divisions—Turner, Home Box Office,
Inc., and Warner Bros. Entertainment Inc.—as well as information about Time Warner Inc. in the
corporate responsibility section of our website. Most of this information pertains to 2010 and
2011, but we have also included updates to initiatives that began before 2010. We have also
included a range of sustainability topics that should help our stakeholders assess our
performance in the area of corporate responsibility.

GRI Guidance

The Global Reporting Initiative's G3 guidelines helped us determine the content and organization
for the corporate responsibility section of our website.

Ceres Guidance

Ceres, a non-profit advocate for sustainability leadership that brings together companies,
investors, and public advocacy groups, and its stakeholders helped us identify the following
topics, which we address throughout the corporate responsibility section of our website. In 2012,
stakeholder recommendations included focusing on the following:

• Vision: Articulate a clear sustainability vision that demonstrates the ways corporate
responsibility is embedded in the company's overall business strategy. See more in the
letter from Time Warner's Chairman and CEO.
• Companywide Strategies: Provide more disclosure on companywide strategies
regarding climate change, ethical sourcing and diversity. See more on Making our
Business Greener, Ethical Sourcing and Supply Chain and Supporting Our Workforce.
• Goals, Targets and Performance Metrics: Enhance reporting with increased quantitative
disclosure regarding goals and targets. See more on Corporate Responsibility at Time
Warner and Making our Business Greener.
• Balanced Content: Provide additional disclosure about challenges, particularly with
regard to complex issues such as employee engagement, diversity and environmental
and supply chain management. See more on Supporting our Workforce, Making our
Business Greener and Ethical Sourcing and Supply Chain.
• Accountability: Provide information on the oversight from the CEO and Nominating and
Governance Committee of the Board of Directors on sustainability issues and
accountability mechanisms for measuring progress on sustainability goals. Examples can
be found throughout the corporate responsibility section of this website.

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Separation of Time Inc.

On June 6, 2014, we completed the legal and structural separation of Time Inc. from Time
Warner. Specific information regarding Time Inc. has been removed from the corporate
responsibility section of this website. Aggregate Company data for periods prior to June 6, 2014
include information regarding Time Inc. through June 6, 2014.

Invitation to Comment

We welcome comments on our corporate responsibility activities, results and reporting. Please
email comments to

Making Our Business Greener

Environmental leadership is not about competition. We all share the same environment and,
ultimately, the same responsibility for preserving and protecting it.

We aim to conserve natural resources and minimize waste through source reduction and
recycling; handling and disposing of wastes through safe, environmentally responsible methods;
encouraging energy efficiency and the use of renewable energy sources; and encouraging our
business partners and suppliers to strive for the same high levels of environmental performance.

Energy and Greenhouse Gas Reduction

Many of our businesses have been addressing environmental issues for decades. We seek ways
to increase our energy efficiency, use renewable energy sources and reduce greenhouse gas
emissions that contribute to climate change. Much work has already been done at each of our
divisions to reduce energy use and associated emissions. Here are a few examples of our
divisions' efforts to reduce energy use:

Carbon Footprint

In 2006, we began assessing our company-wide carbon footprint. With guidance from ICF
International, a global professional services firm, we focused the scope of our energy assessment
initiative on U.S.-based owned and leased properties and on select U.S.-based operations. In
2007, we expanded the scale of our greenhouse gas emissions assessment to include Scope 1
and 3 emissions as defined by the World Resource Institute's Greenhouse Gas Reporting
Protocol. In 2008, we expanded the assessment to include international owned and leased
properties. Detailed information about our carbon footprint can be found in Time Warner's most

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recent response to the annual Carbon Disclosure Project questionnaire, which is available from
Carbon Disclosure Project at

Reducing Energy Usage at Our Facilities

In our Green Building section, we discuss recent examples of how we have renovated, managed
and upgraded our buildings and offices to reduce energy usage. Additional detailed information
about our energy reduction efforts at our facilities can be found in Time Warner's most recent
response to the annual Carbon Disclosure Project questionnaire, which is available at

Employee Commuting Programs

In November 2009, Warner Bros. launched an employee commuter program, the Clean Air Club.
This new program, which replaced Warner Bros.' prior commuter program, emphasizes
environmental and health benefits, offers money-saving tools and resources and spotlights
employees commuting by bicycle, bus, train, carpool, vanpool and walking. As of 2011, more than
800 employees have signed up for the program.

HBO's Rideshare Program provides employees at the HBO Santa Monica office with incentives
designed to promote carpooling, taking mass transit, biking and walking. Clean commuting
calendars are distributed to all clean commuters to log clean commuting days as points that can
be redeemed for prizes.

Turner encourages employees at its Atlanta headquarters to find green alternatives to their daily
commute by providing employees with a variety of environmentally responsible options. These
include van pools for group transportation to and from the office; assistance in identifying carpool
partners; special parking privileges for carpoolers; access to Guaranteed Ride Home, a program
that provides complimentary transportation if a carpooling employee needs to leave the office
early due to unforeseen circumstances; and free and subsidized transit passes.

Efficiency in Transportation and Logistics

Our Corporate Transportation & Logistics group collaborates with our divisions to drive improved
efficiency in our shipping activities. By managing transportation mode and service level use, we
can focus on cost and fuel efficiency. By monitoring shipment charges, we identify packaging
inefficiencies and can recommend more appropriate options. And, by participating in the U.S.
Environmental Protection Agency's SmartWay. Transport Partnership as a shipper partner, we
commit to using transportation service providers dedicated to improving their environmental
performance. SmartWay is a program dedicated to reducing fuel consumption and greenhouse

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gases in the transportation sector. Partners are required to meet specific standards and work
toward improvement goals. Joining in 2007, Time Warner was the first major media and
entertainment company to work with SmartWay. For the year ended December 31, 2011, we
moved more than 95% of our shipments with SmartWay Transport partners.

Green Feature Film and Television Production

It is one of the biggest stories of our times: reducing the world's consumption of fossil fuels. We
don't just cover the story through our journalism and documentaries—we're living it in film and
television production. We aim to produce films and television programming in harmony with the
environment. In addition, we are working both within our industry and within our studios to
reduce the energy and resource consumption associated with film and television production.

Green Production in Feature Films

Warner Bros. has made significant progress toward implementing best practices and
standardizing sustainability measurement and reporting for its film productions. In 2010, Warner
Bros. developed a scorecard designed to help productions set goals and track results. Carbon
calculators are also used to measure emission related to activities such as fuel use, air and
automotive travel, utilities and solid waste Seven films released in 2010 or 2011 were carbon
neutral (Flipped, Going the Distance, Inception, Jonah Hex, Sucker Punch, The Town and
Valentine's Day) through the purchase of carbon offsets. Sustainability coordinators or
consultants are also hired to help implement sustainability efforts on feature films shot around the
world, including six films shot wholly or in part in the UK during 2011 (Gravity, Dark Shadows,
Jack the Giant Killer, Wrath of the Titans, Sherlock Holmes: A Game of Shadows and The Dark
Knight Rises.)

Green Television Production

In 2010, Warner Bros. began to establish green production baselines, develop metrics and
reporting frameworks, identify barriers and lay the groundwork for broader sustainability
implementation beginning in the 2011-2012 television season. Two productions volunteered to
participate in a pilot program to test the new approach: The Mentalist and The Big Bang Theory.
Energy audits were conducted for both shows and energy-saving recommendations were
implemented on stages and in production offices. The Mentalist also used a mobile solar unit to
power its base camp on certain location shoots during the 2010-2011 production season and B20
biodiesel was used to fuel production vehicles and generators. Warner Bros. Studios installed its

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own biodiesel fueling station on its lot in 2009 and biodiesel is now widely used by its Burbank-
based television productions.

HBO's Production of You Don't Know Jack

HBO's first green production came in 2010 with You Don't Know Jack. The production offset
approximately 650 metric tons of carbon dioxide, including 100% of the emissions associated
with facilities energy use, travel, transportation, accommodations, waste and freight.

Recycling and Waste Reduction

We practice recycling and waste reduction in our operations to help society make the best use of
both natural and recycled resources. We minimize waste through careful sourcing and extensive
use of recycling. We handle and dispose of wastes through safe, environmentally responsible

Encore: A Community Reuse Partnership

In 2010 and 2011, Warner Bros. donated thousands of valuable materials to over 100 local schools
and nonprofit organizations through its material donation program, Encore. This special program
was established by Warner Bros. in 1996 to provide like-new and lightly used materials such as
furniture, construction materials, clothing, equipment and office supplies to local community
partners. Through Encore, Warner Bros. supports organizations throughout Burbank and the
greater Los Angeles area and the Studio is now expanding this program as "Encore on Location"
to other major cities where its films and television programs are produced.

Asset Disposal

When we replace electronic equipment that no longer meets our needs we work with
international vendors that practice sustainable asset recovery and disposal. This is particularly
important for e-waste, which may contain hazardous materials.

In March 2008, Time Warner developed an asset disposal program to mitigate potential
environmental and data security risks. The program provides for the following:

• sensitive data contained in obsolete electronic equipment is removed in a manner that

meets appropriate security requirements;
• an audit trail of the equipment's final destination is established so that reclamation and
recycling can be tracked;
• equipment should be disposed of in an environmentally responsible manner; and

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• environmental certifications should be obtained and the disposal should be in compliance
with the certification.

Under the contract with our asset disposal vendor, Time Warner can request a third-party audit of
the recycling processes at any time. Time Warner also receives a quarterly environmental
scorecard from the vendor that highlights waste diversion and other environmentally responsible
results at the company.

Green Building

Time Warner's divisions frequently consider green building concepts when embarking in new
construction or retrofitting efforts.

Green from the Ground Up – and the Top Down

HBO's communications facility in Hauppauge, New York, built in 2010 and opened in 2011, was
designed for environmental efficiency, with a green roof and approximately 80% of the building
set below ground level. This design dramatically cuts solar load, reduces the need for heating
and cooling and conserves energy that can escape in conventional buildings. The green roof
also reduces storm water run-off, adds functional outdoor space, and is expected to last three
times longer than a conventional roof. The energy-efficient heating, ventilation and air
conditioning (HVAC) system is controlled by a sophisticated building automation system, and
motion sensors control energy-efficient lighting to minimize power consumption when spaces are

First LEED™–Certified Sound Stage

Stage 23, located at Warner Bros. Studios in Burbank, California, became the world's first LEED™-
certified sound stage in 2009. The sound stage incorporates a number of sustainable elements,
including a 100-kilowatt solar electrical system; Forest Stewardship Council-certified lumber; Ice
Bear cooling technology, which uses off-peak electricity for daytime cooling; recycled steel and
metals; concrete foundations containing recycled fly ash; and energy efficient lighting. In
addition, the 1930s set lighting and grip storage facility that previously stood on the site of the
new stage was carefully deconstructed so that approximately 92% of its building materials,
including more than 25,000 board feet of vintage Douglas fir timbers, were reclaimed for reuse
and recycling, diverting approximately 1,890 tons of materials from landfills. Warner Bros.
received a LEED™ Gold rating for Stage 23 from the U.S. Green Building Council in 2009.

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Smarter Buildings Across the Company

In 2010, HBO upgraded the digital control systems in an effort to improve efficiency at 1100 and
1114 Avenue of the Americas in New York, where it leases space. In 2010, the HBO facilities team
also upgraded lighting systems with compact fluorescent lamps and in 2011 upgraded motion
sensors to turn off unnecessary illumination. HBO's information technology systems now include
software control of certain hardware, so that computers can be shut down outside of working
hours or turned on for necessary maintenance and upgrades.

Warner Bros. retrofitted HVAC systems with more efficient cooling systems and more precise,
automated operation in some of its Burbank, California, offices and buildings. In 2010, Warner
Bros. installed instrumentation to monitor the efficiency for its cooling plant—a fundamental step
toward finding ways to maintain building comfort levels with less energy—and launched an "Air
Conditioning Tune-Up Program" to reduce unnecessary cooling. Warner Bros. also retrofitted
some of its lighting systems with higher-efficiency lamps and fixtures and motion sensors and
implemented a number of water efficiency measures in kitchens and bathrooms aimed at
reducing water consumption. In December 2008, Warner Bros. expanded its 72-kilowatt solar
electrical system to more than seven times its original size. The system now generates over 500-
kilowatts of clean, renewable energy. Installed on the roof of Warner Bros.'s Mill building, the
array is made up of more than 2,700 solar panels and covers nearly two acres.

Leading Responsibly

Time Warner has been reporting comprehensively on corporate social responsibility longer than
any other major media company based in the U.S. Our leadership team remains committed to
informing stakeholders about corporate responsibility at Time Warner, our principles and
practices, and key things that we have learned by listening to an increasingly diverse community
of stakeholders.

Corporate Responsibility Throughout the Company

Corporate responsibility is embedded throughout Time Warner, including in the integrity of our
journalism, the diversity of viewpoints we present, the creative freedom we encourage, and the
intellectual capital of our employees.

At the highest level, Time Warner's corporate responsibility activities are overseen by the
Nominating and Governance Committee of our Board of Directors. Time Warner's Chairman and
CEO, Executive Vice President and Chief Human Resources Officer and Executive Vice
President, Corporate Marketing and Communications each oversee various aspects of the
company's corporate responsibility and diversity activities. On a daily basis, these activities are

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led by the Senior Vice President of Corporate Responsibility and Chief Diversity Officer. We also
engage with key internal and external stakeholders in all of our work.

Objectives and Stakeholder Engagement

In our 2008 Corporate Social Responsibility Report, we identified objectives for improving our
environmental sustainability, workforce diversity, and ethical sourcing. These objectives remain
relevant for us today. On our website, you will find information about our environmental progress
in the Making our Business Greener section, our progress on our diversity initiatives in the Telling
the World's Stories and Supporting Our Workforce sections, and our work on ethical sourcing in
the Leading Responsibly section. We understand that our efforts are a work in progress and
there are opportunities to improve.

Issues and Objectives

In addition to tracking ongoing progress, we identify corporate responsibility issues that support
the long-term sustainability of our businesses. Below we have outlined a few of these issues and
our objectives.

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Stakeholder Engagement

The role of a publicly held company is to create value for its stockholders. For Time Warner,
engaging with its stakeholders is an important part of value creation for its stockholders.
Honoring our principle of encouraging a diversity of viewpoints, we engage groups with a variety
of opinions about our businesses and our content. We actively listen to and learn from our
stakeholders—including our investors, customers, employees, policymakers, suppliers, debt
holders, and advocacy organizations—and provide them with information so that they can better
understand our businesses.

We are active in numerous forums for communicating with investors). We engage with investors
and other stakeholders regularly, and in a variety of ways, including in-person meetings,
conference calls, correspondence, conferences and events. For example,

• our businesses use market research and customer service programs designed to improve
our products and overall customer experience;
• representatives from our Global Public Policy office meet with policymakers on an
ongoing basis to discuss concerns and issues relating to the media and entertainment
industry; and
• Employee Opinion Surveys (link to Employee Opinion text) provide our employees with a
periodic and anonymous mechanism to voice honest feedback about the company.

Examples of Recent Stakeholder Engagement on Corporate Responsibility Topics

Stop Bullying: Speak Up — Cartoon Network's Stop Bullying: Speak Up campaign, launched in
October 2010, was designed to raise awareness about the bullying crisis in the United States. In
forming the nationwide campaign, Cartoon Network representatives convened a panel of experts
who provided ongoing input about how to educate and empower bystanders to take action to
reduce and prevent bullying. The panel included medical and professional experts from
organizations such as the United States Department of Health and Human Services, Harvard
Medical School and the Olweus Bullying Prevention Program at Clemson University, among

Diversity Stakeholders — Throughout the year, we solicit feedback and maintain a dialogue with
key diversity stakeholders who provide guidance on many of our multi-cultural initiatives. In
addition, we meet at least annually with diversity stakeholders who provide advice on building
greater diversity in our marketplace and workplace initiatives. In the past, we have met with
senior-level representatives from organizations such as Catalyst, Gay and Lesbian Alliance

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against Defamation (GLAAD), the National Council of La Raza (NCLR), the American Association
of People with Disabilities (AAPD) and the National Urban League (NUL).

Community Dialogue — We help raise awareness and foster dialogue on larger social issues. For
example, at an event in March 2011, our Chairman and CEO engaged in a conversation with
Theodore Olson, the former United States Solicitor General, about his work on a lawsuit
challenging California's Proposition 8, which bans gay marriage. In October 2011, we held an
event at Time Warner's headquarters where we screened an HBO documentary about the social
activism of entertainer Harry Belafonte, which was followed by a live conversation with him.

Involvement in Reporting Process

Since 2005, Time Warner has engaged with Ceres to convene a team of external stakeholders to
review our corporate responsibility reports. Ceres is a nonprofit advocate for sustainability
leadership that brings together companies, investors, and public advocacy groups to expand the
adoption of sustainable business practices and solutions to build a healthy economy. The Ceres
stakeholder team is an independent group of experts that includes investors, environmental and
social experts, labor union representatives, academics, and community leaders. The stakeholder
team provided us with feedback, which was considered in the preparation of the content that is
included in the corporate responsibility section of our website.

Governance (The Board’s relationship to Corporate Responsibility and Sustainability)

Time Warner is committed to strong corporate governance practices that allocate rights and
responsibilities among the company's stockholders, directors, and managers in ways that
maximize long-term value for our stockholders. We frequently go beyond regulatory
requirements to promote effective oversight and management of our company.

Board Relationship to Corporate Social Responsibility

The Board of Directors and its committees play important roles with respect to corporate
citizenship, including in the areas of corporate governance, ethics and compliance, public policy
and corporate responsibility. For example, as discussed further below, the Nominating and
Governance Committee has the general responsibility for overseeing the company's corporate
governance practices. In addition, the Nominating and Governance Committee has responsibility
for overseeing the company's public policy and corporate responsibility activities. The Audit and
Finance Committee is responsible for reviewing and recommending Board approval of key
elements of the company's ethics and compliance program, including the Standards of Business
Conduct. The Board and the appropriate committees regularly receive reports from management

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on corporate governance, ethics and compliance and the company's public policy and corporate
social responsibility activities, including those relating to sustainability.

Board Composition

An independent board also contributes to the responsible stewardship of our company. As of

May 31, 2014, the Board had 12 members drawn from distinguished careers in business, media,
finance, law, academia and public service. More information about each of our directors can be
found on the Board of Directors section of our website. The Board has determined that 11 of
those 12 directors (all except our Chairman and CEO) qualify as "independent" under the New
York Stock Exchange criteria and the standards established by company's By-laws and Corporate
Governance Policy.

When considering new candidates, the Board looks for a number of important qualities, including
a demonstrated reputation for integrity, independent judgment, business acumen, financial
literacy, and professional ethics. The Board also seeks members that have the appropriate
combination and variety of experience, knowledge, skills, background and diversity of
viewpoints, in light of the company's current and expected future business needs. Board
members and candidates stand for election each year at the annual stockholders meeting. Since
February 2008, the company's By-laws have required a majority vote of the votes cast for a
director to be duly elected in any uncontested election.

In February 2006, the Board also created the position of Lead Independent Director. Under the
company's Corporate Governance Policy, the Lead Independent Director's authority and
responsibilities include: presiding at executive sessions of the Board, acting as liaison between
the Chairman and the other Directors, having the authority to approve the schedule, agenda, and
information for Board meetings, advising the Chairman with respect to consultants whom the
Board may retain, and being available, as appropriate, to communicate with the company's

Meeting Schedule

The Board of Directors holds at least six meetings each year, including regular Board meetings
and special purpose meetings at which it reviews the company's strategy, approves its business
plan and budget, acts on the company's annual proxy statement and approves financial filings
with the Securities and Exchange Commission (the "SEC").

The Board of Directors also communicates informally with management on a regular basis. Non-
employee Directors, all of whom are independent, also meet by themselves, without
management or employee Directors present, at every regularly scheduled Board meeting. Any

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Director may request additional executive sessions. Additionally, the Audit and Finance
Committee meets at least six times a year, and the Compensation and Human Development and
Nominating and Governance committees meet at least four times a year.

Responsiveness to Stockholders

In determining the company's corporate governance policies, the Board carefully considers the
views expressed by stockholders. In recent years, the company has taken action in a number of
other areas partly in response to stockholder views expressed either individually or collectively,
including: reaffirming the company's commitment to corporate responsibility at the 2011 annual
stockholder meeting; adopting the Ethical Sourcing Guidelines; adopting a policy and issuing
reports on the Board's determination of its leadership structure; issuing reports describing the
processes the Compensation and Human Development Committee has used for the selection
and retention of its compensation consultant; amending the By-laws to provide for a majority-vote
standard for the election of directors; implementing a simple majority voting standard for
stockholder actions, except where a different voting standard is required by Delaware law;
adopting policies in the area of executive compensation relating to performance-based
compensation, performance-based equity awards and equity dilution; and providing for an
advisory vote on an annual basis to approve compensation paid to the company's named
executive officers.

Communicating with the Board of Directors

Stockholders wishing to communicate with the Board should address letters to:

Office of the Corporate Secretary

Time Warner Inc.
One Time Warner Center
New York, NY 10019

More Information

For more information about the company's corporate governance, including copies of its By-laws,
Corporate Governance Policy, Guidelines for Non-Employee Directors, Policy on Determining the
Leadership Structure of the Board of Directors, Report on Determination of Current Board
Leadership Structure, Policy Statement Regarding Director Nominations, and committee
charters, please visit

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Ethical Sourcing and Supply Chain

Time Warner is a global company with a worldwide supply chain. We strive to be a responsible
corporate citizen in the communities in which we, or our suppliers, do business.

Ethical Sourcing

In conducting its businesses, Time Warner purchases products and services, such as office
supplies, furniture, paper and printing for comic book production, DVD manufacturing and
technology equipment and services. We also license our images, brands and characters to third-
party licensees who obtain the right to manufacture and sell consumer products such as toys,
clothing and other branded products. As of December 2011, Time Warner had approximately
4,000 licensees operating in factories all over the world.

In 2007, the Time Warner Board of Directors adopted ethical sourcing guidelines, which apply to
vendors from whom we purchase directly and to whom we license our images, brands and
characters. The Guidelines establish expectations for the vendors' business operations as they
relate to Time Warner and its businesses and reflect our commitment to conduct business in an
ethical manner and in compliance with applicable laws and regulations. Time Warner's Internal
Audit department reviews contracts with vendors during its division and departmental audits to
confirm whether the Guidelines have been incorporated.

We know that being a responsible corporate citizen is a dynamic process and we continually aim
to improve and build upon our efforts in the area of ethical sourcing. For example, in 2011, we
conducted a companywide assessment to identify and assess the risks associated with the
conduct of the company's vendors and licensees in connection with the Ethical Sourcing
Guidelines. Through this process, we identified select areas for improvement in implementing the
Guidelines across the company.

We believe in the value of collaborating and sharing information to improve responsible sourcing
efforts across the globe. Time Warner and its divisions are members of various industry working
groups, including the International Licensing Industry Merchandisers' Association (LIMA) and the
Toy Industry Association (TIA).

Supplier Diversity

Diverse suppliers bring a variety of perspectives to the marketplace and help enhance our overall
procurement process. Time Warner's Supplier Diversity program focuses on ten major areas,
which we use to increase and manage supplier diversity throughout Time Warner:

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• Training & Education
• External Outreach Activities
• Business Development
• Internal Networking Activities
• Communications
• Goals & Measurements
• Tracking & Reporting
• Website & Database Management
• Second Tier
• Awards & Recognition

In January 2007, Time Warner launched a program to encourage large corporations doing
business with Time Warner to utilize diverse suppliers as subcontractors. This "second tier"
program, which gets its name because it is intended to reach subcontractors that are a tier below
the companies we directly contract with, underscores the importance the company places on the
inclusion of Diverse Business Enterprises (DBEs) at multiple levels. The program began as a pilot
in 2007. In 2011, participants reported $20.3 million in annual expenditures with subcontractors
that are DBEs. As part of this program, Time Warner and its divisions also provide scholarships to
employees of DBEs to attend various advanced management and business courses.

Website and Database

The Supplier Diversity Website & Database ( serves as the primary
resource tool for employees and diverse suppliers. The site is used both as an external site for
suppliers to visit and begin the registration process to participate in Time Warner's program and
as an internal tool for employees to receive updates on the program, new initiatives and supplier
profiles to review when considering bid opportunities. Through this site, employees can access
more than 20,000 diverse suppliers to include in their procurement opportunities. We upgraded
this website in 2006, making it more user friendly with expanded and faster search capabilities,
new reporting features, supplier testimonials and simpler navigation features. For the 2011
calendar year, the website averaged more than one million hits per month.


Each division of Time Warner reports its DBE expenditures on a quarterly basis. In 2011, Time
Warner spent more than $300 million with DBEs, representing 3.9% of our total discretionary

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Awards and Recognition

Each year, our supplier diversity teams work with numerous DBEs locally and nationally,
sponsoring and participating in events, activities and programs geared to support DBEs. The
company has been recognized by many organizations for its support of minority business

• Time Warner has been named by as one of America's Top 50

Corporations for Multicultural Business Opportunities each year from 2008 through 2011.
• In 2011, Time Warner received the Corporate Leadership Award from the Women
President's Educational Organization (WPEO) for completing the most "done deals" with
women-owned businesses in the New York region.
• In 2010, Turner received the Corporation of the Year award from the Georgia Hispanic
Chamber of Commerce (GHCC) and the Top 10 Corporation of the Year award from the
Georgia Women's Business Council (GWBC).

Time Warner Ethical Sourcing Guidelines (Time Warner’s expectation of vendor compliance
to environmental laws)

The Time Warner Ethical Sourcing Guidelines (“Guidelines”) reflect the commitment of Time
Warner Inc. and its subsidiaries and affiliated companies (“Time Warner”) to conduct business
according to standards of integrity and ethics. Time Warner’s major subsidiaries include, Home
Box Office, Inc., Turner and Warner Bros. Entertainment Inc.

It is important that Time Warner’s Vendors and Licensees conduct business in compliance with
local laws and regulations and industry standards. Vendors typically fit into one of two

i) Time Warner Product Vendors – Entities that produce products that are distributed by Time
Warner at either the wholesale or retail level, including premiums and promotional material.

ii) Other Goods and Services Vendors – Entities that provide other goods and services
purchased by Time Warner.

Licensees are third parties to whom Time Warner licenses its intellectual property, used in
consumer products that are manufactured and/or distributed by the same or other third parties.

In implementing these Guidelines, our focus is on those Vendors or Licensees that present the
most significant potential risk to Time Warner’s businesses, including our reputation for integrity

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and ethics, and where Time Warner’s actions in implementing these Guidelines can be effective
in addressing that risk. For example, a reputable, well-established Other Goods and Services
Vendor may present very little risk and the Guidelines may provide no incremental benefit. The
International Labor Organization (ILO) Core Labor Conventions, as established by the tripartite
United Nations affiliated agency, have served as the foundation upon which much of these
Guidelines are based.


1. Non-Discrimination

Time Warner expects that Vendors and Licensees will not discriminate in recruitment, hiring,
training and employment practices, including compensation, benefits, advancement, discipline,
termination or retirement, on the basis of race, color, religion, national origin, sex (including
pregnancy), age, sexual orientation, marital status, physical or mental disability or any other
category protected by law that does not affect an individual’s ability to do the job,

2. Child Labor

Time Warner expects that Vendors and Licensees will not employ any person under the age of 15
(or 14 where local law allows) or younger than the age for completing compulsory education in
the country of manufacture where such age is higher than 15. Workers under 18 years of age
should not perform work likely to jeopardize the health or safety of young persons. All Vendors
and Licensees should also adhere to legitimate workplace apprenticeship programs and comply
with all laws and regulations governing child labor and apprenticeship programs. The
employment of child actors may be subject to separate guidelines.

3. Involuntary Labor

Time Warner expects that Vendors and Licensees will not use any forced or involuntary labor,
whether prison, bonded, indentured or otherwise. Vendors and Licensees will not require
employees to relinquish any personal identification, including but not limited to passports,
identification cards or work permits, as a condition of employment.

4. Coercion and Harassment

Time Warner expects that Vendors and Licensees will treat each employee with dignity and
respect, and will not use corporal punishment, threats of violence or other forms of physical,
sexual, psychological or verbal harassment or abuse.

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5. Association

Time Warner expects that Vendors and Licensees will allow freedom of association when
allowed by local law, and in all cases respect the right of employees to communicate openly and
directly with management and will not intimidate, harass or reprimand employees for doing so.

6. Working Hours and Compensation

Time Warner expects that Vendors and Licensees will comply with all wage and hour laws as
mandated by applicable country law or industry standard, including those relating to minimum
wages, overtime, maximum hours, and other elements of compensation. Time Warner also
expects that non-management employees of Vendors and Licensees will not routinely work in
excess of sixty hours per week. Vendors’ and Licensees’ employees should be provided with a
minimum of one rest day in every seven-day week.

7. Statutory Social Security and Welfare Benefits

Time Warner expects that Vendors and Licensees will contribute to all statutory social security
and welfare funds to which employers and/or employees are required by applicable laws to
contribute, including medical insurance, industrial injury insurance, pension, housing and
unemployment funds, as well as contribute to these funds on behalf of all employees in
accordance with all relevant laws and regulations.

8. Employment Records

Time Warner expects that Vendors and Licensees will retain one year of complete and accurate
records and documentation, including employment contracts, residence and work permits (if
applicable), proof of age documentation, maternity leave records, industrial injury reports, and
work time and pay records, relating to employees in manufacturing and operations positions
necessary to demonstrate compliance with these Guidelines, other than information and records
that applicable law requires Vendor to retain for a shorter period of time.

Health & Safety and Environment

9. Health and Safety

Time Warner expects that Vendors and Licensees will provide employees with a safe and healthy
workplace in compliance with all applicable laws and regulations, ensuring at a minimum,
occupational safety, machine guarding, emergency preparedness, industrial hygiene, reasonable
access to potable water and sanitary facilities, fire safety, and adequate lighting and

Time Warner Sustainability Content 21
ventilation. Any Vendor or Licensee that is a manufacturer will also ensure that the same
standards of health and safety are applied in any housing or canteen facilities that it provides for

10. Environment

Time Warner expects that Vendors and Licensees will comply with all applicable environmental
laws and regulations and ensure that all required environmental permits and registrations are
obtained, maintained and kept current and that operational and reporting requirements are

Intellectual Property & Ethics

11. Anti-Piracy

Time Warner expects that Vendors and Licensees will respect all intellectual property rights and
will not copy or allow third party access to any Time Warner content without authorization,
including but not limited to any form of film, video or digital elements containing audio/visual
content, except as necessary to perform obligations under the Vendor’s or Licensee’s agreement
with Time Warner.

12. Business Ethics

Time Warner expects Vendors and Licensees to implement effective ethics and compliance
programs. For a sample policy, see the Time Warner Inc. Corporate Standards of Business
Conduct at Standards of Business Conduct.

Implementation and Compliance

These Guidelines highlight Time Warner’s expectations of the manner in which its Vendors and
Licensees will conduct themselves in their business relationships with Time Warner. Time
Warner recognizes that achieving the standards established in these Guidelines will be a
dynamic rather than a static process and encourages Vendors and Licensees continually to
improve their workplace conditions.

Time Warner expects that its Vendors and Licensees will establish and maintain appropriate
management systems, the scope of which is consistent with the content of these Guidelines, and
actively review, monitor and modify their management processes and business operations to
ensure that their operations align with the principles set forth in these Guidelines. Time Warner
expects that Vendors and Licensees will work with their own suppliers and subcontractors to

Time Warner Sustainability Content 22
ensure that they also strive to meet the principles of these Guidelines or an equivalent set of

It is entirely within Time Warner’s discretion whether to continue to use a Vendor or Licensee,
subject to contractual obligations. Time Warner reserves the right to take such actions as it
deems appropriate, in its discretion, to monitor and promote adherence to these Guidelines. If it
is found that any Vendor or Licensee acts in a manner inconsistent with these Guidelines, actions
that Time Warner may take, subject to contractual obligations, include, but are not limited to,
working with the Vendor or Licensee to ensure steps are taken to address the violation(s) and
prevent recurrence, canceling the affected contract, terminating the relationship with such
Vendor or Licensee, commencing legal action or other actions as warranted against such Vendor
or Licensee, and/or reporting Vendor or Licensee to appropriate legal or regulatory authorities.

If a person has knowledge of conduct that is inconsistent with these Guidelines, or has a
question with respect to the Guidelines, the person should contact Time Warner’s Corporate
Social Responsibility Department or his/her contact at the relevant Time Warner subsidiary.

Recognition and Awards

We are honored by the recognition of our peers and respected external organizations for our
efforts to be a responsible corporate citizen.

Diversity Inc.

From 2010 to 2014, Time Warner has been consistently named was as one of the top companies
for diversity by Diversity Inc., which evaluates and ranks companies based on data collected from
corporate survey submissions, a company's CEO commitment, human capital, corporate and
organizational communications and supplier diversity data.

Time Warner Sustainability Content 23
Dow Jones Sustainability Indexes

Dow Jones Sustainability Indexes

DJSI North America (2005 to 2011)

The Dow Jones Sustainability Indexes is a collaborative effort between the Dow Jones Indexes
and Sustainable Asset Management, a sustainability investment group, which tracks the financial
performances of the leading sustainability-driven companies worldwide. Companies are selected
based on the Corporate Sustainability Assessment of Sustainable Asset Management Research,
which evaluates best business practices using specific economic, environmental and social

Ethisphere Institute

2014 World's Most Ethical Companies

Time Warner has consistently beenrecognized by Ethisphere Institute as one of the "World's Most
Ethical Companies," receiving the honor seven times since 2007. Ethisphere recognizes
businesses based on seven specific categories: corporate citizenship and responsibility,
corporate governance, innovation that contributes to the public well-being, industry leadership,
tone of executive leadership, legal regulatory and reputation track record, and internal systems
and ethics/compliance program.

Time Warner Sustainability Content 24
Human Rights Campaign

Corporate Equality Index (2008 to 2014)

From 2008 to 2014, Time Warner earned a top rating of 100 in the annual Corporate Equality
Index (CEI) surveyed by the Human Rights Campaign and was selected as one of the "Best
Places to Work" for members of the lesbian, gay, bisexual and transgender (LGBT) community.
The CEI evaluates companies on a scale from 0 to 100 and rates the company based on its
employment policies and practices important to LGBT employees, consumers and investors.

In 2010, Time Warner also received the HRC Corporate Equity Award in honor of its commitment
to LGBT employees, consumers and investors.

GLAAD Media Awards

In 2014, Time Warner’s divisions received 17 media award nominations which recognizes and
honors various branches of the media for their outstanding representations of the lesbian, gay,
bisexual and transgender (LGBT) community and the issues that affect their lives.

Time Warner Sustainability Content 25
100 Best Corporate Citizens

100 Best Corporate Citizens 2009, 2012

In 2009 and again in 2012, Time Warner was ranked by CR Magazine as one of the 100 Best
Corporate Citizens.CR Magazine ranks companies based on publicly available information in
seven categories: environmental impact, climate change, human rights, philanthropy, employee
relations, financial performance and governance.


2011 Catalyst Award

In 2011, Time Warner received the Catalyst Award, which honors businesses that successfully
implement diversity and strategic practices within their organizations to address the recruitment,
development and advancement of women leaders, including women of color. Catalyst evaluates
these initiatives and measures a company's ability to increase and encourage an inclusive
business culture for women.

Division-Specific Awards

As we tell the world's stories through television, film, in print and online, we aim to create high-
quality content that informs, entertains, and inspires people of all ages around the world. Below
are a few of the recent awards we have received for the high-quality and social value of our
content. See more in the Telling the World's Stories section of the corporate responsibility
section of our website.

Time Warner Sustainability Content 26
In 2011, HBO won four Golden Globe Awards, an Academy Award for Best Documentary (Short
Subject), 19 Primetime Emmy Awards, seven Sports Emmy Awards, and seven George Foster
Peabody Awards. In 2011, HBO's True Blood received the 2011 GLAAD Media Award for
"Outstanding Drama Series." In 2012, HBO's Saving Face received the Academy Award for
documentary (short subject).

At the 2011 GLAAD Media Awards, CNN received the "Outstanding TV Journalism Segment"
award for CNN Newsroom's "Gay Teens Talk Their Truth."

Warner Bros.
The Gracie Awards of American Women in Radio & Television recognize exemplary programming
created for, by and about women. At the 37th annual Gracie Awards in May 2012, award-winning
shows included Warner Bros. Television's Harry's Law and Warner Horizon's Rizzoli & Isles, which
airs on TNT.

The Trumpet Awards recognize outstanding accomplishments of African Americans and others
who have succeeded against great odds. In April 2011, Judge Greg Mathis, host of Telepictures
Productions' syndicated legal show Judge Mathis, received the prestigious Humanitarian Award
for 2011.

The PRISM Awards honor productions that realistically show substance abuse and addiction, as
well as mental health issues. Judge Mathis received a 2011 commendation from the PRISM
Awards for the "Unscripted/Non-fiction" category.

The Genesis Awards from The Humane Society of the United States pay tribute to the major
news and entertainment media for producing outstanding works that raise public awareness of
animal issues. In 2011, Telepictures Productions' The Ellen DeGeneres Show was honored with
the Genesis Award for an episode about vegetarianism and the free-range farming of animals.

The Imagen Awards honor positive portrayals of Latinos and Latino culture in entertainment. At
the 25th Annual Imagen Awards in 2010, award-winning shows included Warner Bros.
Television's Cold Case and Southland, which airs on TNT.

In August 2011, The CW network topped GLAAD's fifth annual Network Responsibility Index for
the second year in a row.

Time Warner Sustainability Content 27
Working With Us

Time Warner is committed to helping employees feel valued and inspired. We aim to attract,
retain, empower, and motivate our employees and to create an inclusive environment where all
feel welcome.

Going Green

Many of our businesses have been addressing environmental issues for decades. Much work has
already been done at each of our divisions to reduce usage and emissions. In the past two years,
our divisions have altered their infrastructures and changed their business processes and
procedures, with the goal of reducing energy use.

Divisional Green Practices & Initiatives

In addition to addressing climate change and energy efficiency, our company's environmental
stewardship activities include our waste reduction initiatives and green building design.

Our television and film businesses have produced scores of stories and many movies addressing
pertinent environmental issues.

Below are additional examples of how each of our companies is making a difference:



HBO works with a kitchen-grease disposal company to recycle 100% the cooking oil used in the
network's New York City cafeteria into high energy fat for use in animal feed or biofuel that can
replace fossil fuel in industrial environments. HBO also donates set materials to various nonprofit
organizations as part of its recycling program and created an in-house Environmental Awareness
Handbook that provides various tips on reducing the environmental impact of HBO productions.

Time Warner Corporate

Energy Conservation

Time Warner occupies approximately one-third of the Time Warner Center building in New York
City. The complex, which houses CNN broadcast space, corporate offices, and a conference
center, was designed to require 35% less energy than the usage allowed by the New York State

Time Warner Sustainability Content 28
energy code. Among multiple environmentally friendly practices, unused lights in the conference
center are kept off when an event is not occurring and plasma TVs are turned-off after hours in
an effort to conserve energy and reduce greenhouse gas emissions.


Clean Air Commuter Program

Turner encourages employees at its Atlanta headquarters to find green alternatives to their daily
commute by providing employees with a menu of environmentally responsible options.
Employees who participate in Turner's Clean Air Commuter Program can select their preferred
method of travel from a variety of options. These include a van-pool effort that matches groups of
employees by neighborhood and provides van service for group transportation to and from the
office; assistance in identifying carpool partners and special parking privileges for carpoolers;
access to a Guaranteed Ride Home, a program that provides complimentary transportation if
unforeseen circumstances such as working overtime or needing to pick up a sick child from
school interfere with planned commute alternatives; and free weekly public transportation

Warner Bros. Entertainment

Solar Powered Building

In 2004, Warner Bros. retrofitted the International Television Distribution (ITD) building in
Burbank, CA. This retrofit cut energy use in the building by 40% and subsequently earned it a
2006 Green Building of the Year award from the Building Owners and Managers Association

Other Initiatives

To learn more about some of the latest ways Warner Bros. is going green, click here to view a
segment previously aired on

What's Next?

We view our company-wide environmental work to date as the first phase in a larger effort. As we
continue this effort to reduce our greenhouse- gas emissions we are already:

1. Evaluating the feasibility of including international facilities and other emission sources in
GHG measurements and reduction efforts

Time Warner Sustainability Content 29
2. Increasing company-wide employee awareness
3. Reducing energy usage and greenhouse gas emissions
4. Piloting reduction programs

Time Warner Blog (showing sample postings from the past 2 years related to environmental and
sustainability initiatives)

TWX Again Named to ESG Index (8/13/2015)

Time Warner has again been included in the FTSE4Good Index Series, which identifies
companies that demonstrate strong environmental, social and governance (ESG) practices
measured against globally recognized standards. Companies are rated on more than 300
indicators, 14 themes (such as human rights & community and anti-corruption), and three pillars –
see model below – under the oversight of an independent committee comprising experts from
the investment community, companies, NGOs, unions and academia.

Time Warner Sustainability Content 30
A Bright Idea (7/29/2015)

As part of its focus on energy efficiency, Time Warner and its divisions have moved toward LED
lighting across facilities worldwide – a move yielding significant cost savings and reduced energy

This year, Time Warner began an LED retrofit program at its Corporate headquarters in New York
City through which compact fluorescent bulbs in all offices and open areas are replaced with LED
bulbs. This initiative will save the company $169,000 annually with a payback period of less than
one year.

This puts us in good company, because LED lights seem to be popping up everywhere – from
traffic lights to TV displays, even in Lady Liberty. According to the U.S. Department of Energy, a
simple switch from everyday incandescent bulbs to LEDs at home or in the office can reduce
energy use by more than 80 percent. Plus, LEDs can last up to 25 times longer than conventional
incandescent light sources.

Since 2011, Turner has replaced existing lights with LEDs at its Atlanta locations, an initiative that
has saved more than $375,000 annually and more than 9,000 metric tons of CO2 each year.
Turner’s LED retrofit program included updates to office space lighting, as well as “back of
house” spaces like mechanical rooms, fire stairs, service hallways and dock areas. In addition,
several floors at the TBS Techwood campus are slated for LED upgrades as part of a re-stack
plan, which will result in even more savings.

Time Warner Sustainability Content 31
Warner Bros. is also no stranger to technologically-advanced and sustainable lighting. Back in
2013, Warner experimented with LED lights at its Burbank sound stages. And this year,
fluorescent fixtures were swapped out for LED lamps in the parking garage of its WorldWide TV
Marketing building, reducing watt usage per lamp by more than 50%. Additionally, Warner added
motion sensors to the new lamps so that while half remain on at all times, the remaining lamps
are activated only when someone is present in the garage. The added efficiency will cut energy
usage by 40% and will pay for itself in under a year.

Time Warner Sustainability Content 32
HBO also upgraded to LED lamps across numerous locations. At the Communications Center in
Hauppauge, New York, HBO is in the process of replacing legacy incandescent, fluorescent and
code cathode lighting throughout control rooms, offices and common areas. The NYC store also
switched to LED lamps, which resulted in 10% cooling load reduction and a 16% reduction in
electrical consumption. Additional upgrades in its NYC Bistro reduced electrical costs by more
than $8,000 per year and cooling costs by nearly $17,000 annually. And on the West Coast, a
LED renovation in HBO’s Santa Monica lobby resulted in electrical savings of around $5,500 per
year and annual HVAC savings of about $12,500. Furthermore, all of these lighting upgrades are
eligible for energy rebates, which HBO is pursuing with local utility providers.

Time Warner Sustainability Content 33
These LED upgrades are just a few of the many enterprise-wide efforts Time Warner has made
toward managing usage, cost and environmental impact of its building utilities. Click here to learn
more about the efficiency measures our businesses are implementing across the globe.

Coming Together for Earth Week (5/6/2015)

During Earth Week last month, Time Warner properties worldwide powered down in a big way.
Employees around the globe – across Asia, Europe and North America – joined together in a
coordinated effort to conserve energy.

Since the Time Warner Energy Council launched its first power down in 2013, participation has
grown from 30 locations in nine U.S. Cities to more than 60 properties in more than 20 countries

Steve Lefkowitz, Global Head of Facilities for Time Warner and executive sponsor for the Time
Warner Energy Council, said, “We’re thrilled with the level of engagement in this year’s power
down. What began as a symbolic gesture has truly morphed into an impactful initiative.”

But it doesn’t stop there. In addition to ongoing projects, the Time Warner Energy Council plans
to continue the success of the global power down by using its resources, particularly its Green
Scene engagement platform, in order to encourage employee involvement year-round.

Time Warner Sustainability Content 34
“Initiatives like our global power down foster a sense of community around the common goal of
reducing our carbon footprint,” Lefkowitz added. “And being able to replicate this level of interest
and involvement throughout the year is a win-win for our company and the environment.”

Powering Down for Earth Week( 4/20/2015)

Earth Week is here and Time Warner properties worldwide are "powering down" as a reminder
that we all have the power to conserve energy and make a difference. It's not the first time the
Time Warner Energy Council has organized such a great event, but it's definitely the biggest – for
the first time spanning a full week and including more than 20 countries around the globe.

Today through April 24, participating buildings around the world will turn off or dim non-essential
lighting, and employees are encouraged to conserve energy on an individual basis by turning off
unnecessary lights and powering down equipment at the end of each day.

And the power down is just one of a number of Earth Week activities taking place across the
company this week. Art exhibits, film screenings and volunteer activities, along with energy-
awareness and water-conservation initiatives, will engage and inform employees all week long.

The Time Warner Energy Council was created in 2012 to discover and implement energy-savings
strategies and technologies. To learn more about the group's work, click here.

Saving Our Planet

A joint effort from HBO Documentary Films and The American Museum of Natural History, Saving
My Tomorrow is an environmental call to action for the whole family. Saving My Tomorrow starts
with a two-part special December 15 then continues as a four-part series on Earth Day 2015.

The special features kids sharing their thoughts on every topic from endangered animals and
plants to climate change and more. Hippocrates Polemis, an eight-year-old featured in Saving My
Tomorrow, puts it best: "Earth is our home. We only have one and if we mess this up… where do
we go next? We don’t have another earth right next to us, just in case we lose this one."

From the children who will inherit the planet comes a collection of songs, activism, and heartfelt
tips for protecting the earth. Saving My Tomorrow celebrates the wonders of the natural world
and is a call from kids to kids to help take care of the environment.

Featuring readings and performances by Tina Fey, Lennon & Maisy, Ziggy Marley, Stephin
Merritt, Liam Neeson, Willie Nelson, Susan Sarandon, Neil deGrasse Tyson, They Might Be

Time Warner Sustainability Content 35
Giants, Jeffrey Wright, and behind-the-scenes at the Museum with Dr. Melanie Stiassny, Dr. Mark
Siddall and Paul Sweet.

Tune in Monday, December 15, at 7 p.m. ET as children of all ages share their passion for the

WBTV Wins Big This Upfront Season (5/30/2014)

(Above: Ben McKenzie; Jeffrey Schlesinger, President, Warner Bros. Worldwide Television
Distribution; Dylan McDermott; and Kevin Tsujihara, CEO of Warner Bros. Entertainment at the
WBTV upfronts last week)

The Warner Bros. Television Group (WBTVG) came off a terrific upfront season, once again
maintaining its position as the most prolific producer of network programming in the Industry for
the twenty-third out of the past twenty-eight years and 10 out of the past 11. For the 2014-15
season, WBTVG will provide more scripted series to the primetime broadcast network
marketplace than any other studio—25—placing at least one new show on each of the five
broadcast networks (the only studio to do so).

Last week, the company welcomed more than 1,700 acquisition executives from networks and
program services around the world to screen 11 of the new series, including the much anticipated
Gotham for Fox.

WBTV’s slate generated considerable buzz, as Jeffrey Schlesinger, President, Warner Bros.
Worldwide Television Distribution spoke with international trade outlet C21 about this year’s crop
of new shows and the international marketplace.

The studio also made a conscious decision to “go green” foregoing the printing of sales materials
for its clients, instead loading interactive digital brochures, clips and other materials on iPad
minis, a moved that saved

• 7,738.50 lbs of paper (45,050 sheets);

• 3000 lbs of chip board;
• 375 lbs of glue;
• 1,250 sq ft of plastic from last year.

See photos from the screening events below, and start planning next fall's TV viewing now.

Photo credit: Warner Bros. Television Group

Time Warner Sustainability Content 36
Powering Down Around The Globe (4/22/2014)

The Time Warner Earth Day Power Down has truly gone global. In its second year, the power
down event has spread to 19 countries and 69 locations world-wide, up from just six cities in the
U.S. in 2013 (see image below, click to enlarge).

Sponsored by the Time Warner Energy Council, which was developed in 2012 to discover and
implement energy-savings strategies and technologies, the power down requires participating
buildings to turn off non-essential lighting and reduce services such as elevators and office
equipment. The power down also compliments a wide array of Earth Day and Earth Month
activities across the company, such as green markets, film screenings and energy-awareness

"The energy team has leveraged its strategic-planning platform as a way to connect our global
community of Time Warner properties, and there's a common desire across the enterprise to
responsibly manage our energy consumption," said Steve Lefkowitz, Global Head of Facilities for
Time Warner, who serves as executive sponsor for the Time Warner Energy Council. "The power
down is a symbolic gesture, but it represents a very real commitment to reduce our carbon
footprint and realize significant savings through smart and strategic use of our resources and
emerging technology."

Time Warner Sustainability Content 37
The energy council, which is made up of subject matter experts from each of the company's
divisions - Warner Bros., HBO, Time Inc. and Turner, as well as Time Warner's Corporate Social
Responsibility and Facilities departments - has established a roadmap for reducing energy use
world-wide; secured savings opportunities through partnerships with internal and external
stakeholders; and created a comprehensive means to benchmark and measure energy use
building-by-building – a first for the enterprise.

The energy council is also sponsoring a new employee engagement platform focused on
sustainability issues such as recycling and conserving resources like energy and water, at home
and at the office. The new platform is part of a continuing effort to enlist employees in the
company's energy-saving mission. It offers employees an opportunity to earn points, badges and
engage in a healthy competition with co-workers by performing simple, habit-changing activities
like turning off office lights at the end of the day, powering down printers and computers, or
recycling glass and plastic.

"Twenty thousand employees use a lot of electricity. You’d be surprised how slight behavioral
changes can reduce consumption, contain costs and further contribute to reducing our carbon
footprint," Lefkowitz said, adding, "Today's technology has enabled us to capture the good intent
of all Time Warner employees in a simple, fun and effective manner. We can do a lot as a large
corporation but we can do even more if we engage our people to help us on this conservation

Time Warner Sustainability Content 38