Mr. Ellis Jacob reports

CINEPLEX REPORTS SEPTEMBER 2023 BOX OFFICE RESULTS AND RECORD THIRD QUARTER BOX OFFICE RESULTS

Cineplex Inc. had box office revenues of $34-million for September, 2023, and outperformed the North American box office by 370 basis points, bringing a close to an exceptional third quarter. September, 2023, generated 77 per cent of box office revenues compared with the same period in 2019, which was the second-highest September in Cineplex's history. Third quarter box office revenues were $188-million and achieved 106 per cent of 2019 levels. Cineplex's third quarter results outperformed the North American box office by 310 basis points and was the company's highest third quarter and fourth highest box office quarter of all time.

Blockbuster performances for the quarter were driven by the Barbenheimer phenomenon, with Barbie and Oppenheimer generating a combined $2.3-billion in global box office revenues to date. The Taylor Swift: The Eras Tour theatrical concert film experience coming to theatres Oct. 13, has already generated $6.2-million in presales for Cineplex, becoming the company's largest events presale of all time. More theatrical concert films are coming, as Cineplex recently announced it is bringing Renaissance: A Film By Beyonce to Canadians, premiering Dec. 1.

"We've just had our best third quarter box office results ever and as we continue to be the entertainment destination for Canadians, we are bringing people together to experience blockbuster movies, international films and now the world's most sought-after concerts," said Ellis Jacob, president and chief executive officer, Cineplex. "We look forward to welcoming Taylor Swift and Beyonce fans to enjoy their favourite artist in thrilling formats, like UltraAVX and VIP. As we enter our fourth quarter, we're pleased to see the writers' strike come to a resolution and are optimistic the actors' strike will soon follow."

About Cineplex Inc.

Cineplex is a top-tier Canadian brand that operates in the film entertainment and content, amusement and leisure, and media sectors. Cineplex offers a unique escape from the everyday to millions of guests through its circuit of over 170 movie theatres and location-based entertainment venues. In addition to being Canada's largest and most innovative film exhibitor, the company operates Canada's favourite destination for eats and entertainment (The Rec Room), complexes specially designed for teens and families (Playdium), and a newly launched entertainment concept that brings movies, amusement gaming, dining and live performances together under one roof (Cineplex Junxion). It also operates successful businesses in digital commerce (Cineplex Store), alternative programming (Cineplex Events), motion picture distribution (Cineplex Pictures), cinema media (Cineplex Media), digital place-based media (Cineplex Digital Media) and amusement solutions (Player One Amusement Group). Providing even more value for its guests, Cineplex is a partner in Scene+, Canada's largest entertainment and lifestyle loyalty program.