Mr. Ellis Jacob reports

CINEPLEX REPORTS DECEMBER BOX OFFICE RESULTS

Cineplex Inc. had box office revenues of $64.8-million for December, 2024, representing 125 per cent of December, 2023, and 86 per cent of 2019. Cineplex's combined box office and concession revenues amounted to $112-million, representing 129 per cent of December, 2023, with strong food and beverage results representing a December CPP record of $9.34.

November releases gained momentum and performed strongly throughout December. Wicked continued to break records, becoming the highest-grossing movie of all time based on a Broadway musical and the third-highest domestic-grossing film of all time released by Universal Pictures. Moana 2 is now one of the top-10 highest-grossing animated films of all time domestically, outperforming the first film. Sonic the Hedgehog 3's December release marked the franchise's highest domestic-grossing film, surpassing $190.9-million set by Sonic the Hedgehog 2. Premium experiences accounted for 35.4 per cent of the December box office, compared with 31.6 per cent in December, 2023.

In December, international programming accounted for 7.63 per cent of Cineplex's box office revenue, outperforming North American peers at 3.01 per cent. The Last Dance, which became the highest-grossing Cantonese film in Cineplex history, and Pushpa: The Rule -- Part 2, were among Cineplex's top-10 films for the month.

"This month, we saw the impact of longevity on highly anticipated films, like Wicked and Moana 2, and the continued success of international programming in our theatres that reflect our diverse Canadian population," said Ellis Jacob, president and chief executive officer, Cineplex. "As we look forward to 2025, a variety of content and release schedules will help to further strengthen the domestic box office and appeal to various audiences."

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 168 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 an entertainment concept that brings movies, amusement gaming, dining and live performances together under one roof (Cineplex Junxion). It also operates successful businesses in cinema media (Cineplex Media), digital commerce, alternative programming (Cineplex Events), motion picture distribution (Cineplex Pictures) and digital place-based media (Cineplex Digital Media). Providing even more value for its guests, Cineplex is a partner in Scene+, Canada's largest entertainment and lifestyle loyalty program.