Mr. Ellis Jacob reports

CINEPLEX REPORTS DECEMBER 2023 BOX OFFICE RESULTS

Cineplex Inc. had box office revenues of $52-million for December, 2023, and outperformed the North American box office performance relative to 2019, by 160 basis points. Leading film performances for the month included family film Wonka, Bollywood title Animal, which was Cineplex's highest-grossing international film ever with 42 per cent of North American market share, and action sequel Aquaman and the Lost Kingdom, where an impressive 87 per cent of its box office revenues came from premium experiences.

Fourth-quarter box office revenues of $124-million represented 68 per cent of box office revenues for the same period in 2019. Taylor Swift | The Eras Tour theatrical concert film took home the top spot in the quarter, followed by Five Nights at Freddy's, and Hunger Games: The Ballad of Songbirds and Snakes, distributed by Cineplex Pictures.

The company's rich consumer data analytics and strong distributor relationships saw international content make a record contribution to Cineplex's 2023 box office performance, marking Cineplex's biggest year for international programming, delivering 10 per cent of Cineplex's annual box office revenues.

"It's been a record year for Cineplex's international programming. As part of our content broadening strategy, international content helped alleviate short-term supply challenges resulting from the now-resolved actors' and writers' strikes," said Ellis Jacob, president and chief executive officer, Cineplex. "The start of 2024 is bringing with it the much-anticipated Dune: Part Two, Ghostbusters: Frozen Empire, Bob Marley: One Love, pop-culture movie favourite turned musical Mean Girls and international film Fighter."

 
Period          2019 box office (i)   2023 box office (i)   2023 as a percentage of 2019

October                    $54,528               $37,354                              69%                        
November                   $52,314               $34,640                              66%                        
December                   $74,946               $51,847                              69%                        
Total                     $181,788              $123,841                              68%

(i) Balances are in thousands of dollars.

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 (CineplexStore), 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.

Proudly recognized as having one of the country's most admired corporate cultures, Cineplex employs over 10,000 people in its offices and venues across Canada and the United States.

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