The episode opens with Ben Edwards waking up in tunnels after being shot in the back by Mossad agent Eliza Parash. Despite his injury, he quickly regains his footing and hears sirens, signaling imminent danger. He decides to pursue Eliza immediately, determined not to let her escape after her betrayal.

Meanwhile, Raife Hastings arrives in Austria with a severely wounded courier who had been shot. Hastings finds an abandoned cabin where he removes the bullets from the courier and stitches him up. After stabilizing the courier, Hastings wakes him and begins torturing him to extract information about his identity and how the Khalid Network knew about their operation.

Back in Germany, Ben chases Eliza through the streets of Zurich. He eventually confronts her at gunpoint. Eliza reveals that Mossad sent her on a mission to keep an eye on Jed Haverford, the spymaster who has been working with The Shepherd for decades. She explains that the CIA is supposed to hand over intel sources periodically, but The Shepherd has maintained a secret alliance with Jed, which Mossad wants to understand.

Ben and Eliza decide to head to a town called Stein to meet Jed Haverford after he contacts Ben about retrieving bearings critical to their mission. On the way, they are ambushed by unknown assailants who burst into Parash's hotel room and open fire. This triggers a lengthy and intense action sequence where Ben and Eliza fight off the attackers with precision and coordination. They kill all the assailants, discard their guns, and throw away a tracking device to avoid being followed.

After the fight, Ben keeps the briefcase containing the bearings on his person. He wants to part ways with Eliza, but she insists that their mission is intertwined. She suspects that either Jed Haverford and The Shepherd are working together or that Jed is being manipulated by The Shepherd. She claims both have been betrayed and that they need to stick together to uncover the truth.

Ben agrees to Eliza's proposition, and they retreat to an abandoned movie theater to rest and plan their next move. Once patched up and partially recovered, Ben immediately checks the authenticity of the bearings he carries, confirming their importance to the unfolding conspiracy.

Meanwhile, Hastings continues his interrogation of the courier, trying to piece together the network behind the ambush and the betrayal. The episode ends with Ben and Eliza preparing to delve deeper into the mystery of The Shepherd and Jed Haverford's connection, setting the stage for the next phase of their mission.

At the end of The Terminal List: Dark Wolf, Season 1, Episode 5 ("E & E"), Ben Edwards faces the consequences of betrayal and misplaced trust, pushing him further into moral ambiguity. The episode concludes with Ben deeply entangled in espionage conflicts across Europe and the Middle East, his alliances fractured, and his survival instincts dominating his actions. The fate of the main characters involved in the episode is left tense, with Ben's path darkened by the betrayals he has endured and committed.

The episode "E & E" unfolds with Ben Edwards navigating the dangerous aftermath of his misplaced trust in Eliza, which has led to significant setbacks and betrayals. The narrative begins with Ben and Raife Hastings operating under the shadow of suspicion, particularly from Hastings, who grows increasingly wary of both Ben and Haverford. This suspicion leads to intense interrogations and reveals the murkier, more ambiguous aspects of their covert operations.

As the episode progresses, Ben's journey takes him through various European and Middle Eastern locations, where the stakes escalate. The betrayals he experiences and commits push him further down a path where traditional loyalties are questioned, and survival becomes the overriding mission. The episode portrays Ben as a man increasingly isolated by his choices and the duplicity surrounding him, highlighting his transformation into a morally ambiguous figure.

Key scenes include tense confrontations and covert operations that underscore the theme of betrayal. Ben's trust in Eliza, once a source of hope, is revealed to be a critical error that jeopardizes his mission and safety. Raife Hastings' growing distrust adds to the tension, as his interrogation methods bring out the darker sides of espionage and the personal costs involved.

By the episode's end, Ben is left in a precarious position, his fate uncertain but clearly marked by the consequences of his actions and the betrayals he has endured. Raife Hastings remains suspicious and vigilant, while other characters involved in the espionage network continue to maneuver in the shadows. The episode closes on a note that emphasizes the high stakes and moral complexity of their world, setting the stage for further developments in the series.

In summary, Episode 5 ends with Ben Edwards deeply embroiled in a web of betrayal and survival, his character pushed toward moral ambiguity, and the main players caught in a tense, uncertain balance of trust and suspicion.

There is no information from the available sources indicating that The Terminal List: Dark Wolf, Season 1, Episode 5 has a post-credit scene. The episode titled "E & E," releasing on September 10, 2025, is described in detail regarding its plot and themes, but none of the sources mention any post-credit or after-credits scene.

The trailers and featurettes focus on the episode's main content and character developments without referencing additional scenes after the credits. Therefore, it is reasonable to conclude that Episode 5 does not include a post-credit scene.

Ben Edwards' misplaced trust in Eliza is a critical plot element that leads to his undoing. In Episode 5, this betrayal pushes Ben further down a path of moral ambiguity and influences his increasingly darker actions. Eliza's betrayal, including shooting Ben and stealing nuclear technology, is a turning point that deepens the themes of loyalty and survival in the story.

Episode 5 marks a breaking point for Ben Edwards where he must decide whether he remains a soldier loyal to his original values, a pawn of the CIA, or embraces the darker persona of 'the wolf' he is fighting against. This internal conflict drives much of the episode's tension and character development, highlighting his moral struggle and the consequences of his choices.

Rafe Hastings' suspicion of both Havford and Ben leads to intense interrogation scenes that reveal the murkier aspects of espionage. His distrust fuels tension within the team and contributes to the atmosphere of betrayal and paranoia that permeates the episode, affecting team dynamics and the unfolding of the plot.

The episode delves into the fallout from betrayals within the covert operation, especially focusing on Eliza's treachery against Ben and Havford's team. This betrayal not only endangers the mission to halt the nuclear program but also forces Ben to confront the harsh realities of espionage, where loyalty is fragile and survival often demands ruthless decisions.

In Episode 5, Ben faces increased peril as he moves through Europe and the Middle East, confronting high-stakes espionage and dangerous missions. These challenges push him toward moral ambiguity, forcing him to navigate a world where the lines between right and wrong blur, and survival becomes the overriding mission. His actions reflect the human cost of warfare and the psychological toll of clandestine operations.

The Terminal List: Dark Wolf, Season 1, Episode 5 is not family friendly and is rated TV-MA, indicating it is intended for mature audiences. It contains strong language, including frequent use of the F-word, intense and graphic violence such as gunfights, bloody wounds, executions, and scenes of torture or death. There is no sex or nudity reported so far, but the violence and language alone make it unsuitable for children or sensitive viewers.

Potentially objectionable or upsetting aspects include:

• Numerous scenes of intense action violence, including shootings, executions, and bloody injuries.
• Depictions of dead bodies and aftermath of violent encounters.
• Strong, pervasive language with many obscenities.
• Themes of betrayal, moral ambiguity, and espionage, which may be emotionally intense.
• Some scenes involve interrogation and torture methods.
• Brief smoking shown, but no alcohol or sexual content reported.

Overall, the episode's mature themes, graphic violence, and harsh language suggest it is appropriate only for adult viewers and not suitable for children or those sensitive to violent or intense content.