Cineplex : Q4 2021 Investor Deck

2021 Fourth Quarter

As of December 31, 2021

Contact/Inquiries:

Mahsa Rejali

Executive Director, Corporate Development & Investor Relations

E: [e-mail]

Diversified Entertainment and Media Company

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Corporate Strategy

• Continue to enhance and expand Cineplex's presence as an entertainment destination for Canadians in-theatre,at-home and on-the-go;
• Capitalize on our core media strengths and infrastructure to provide continued growth of Cineplex's media business, both inside and outside theatres;
• Develop and scale amusement and leisure concepts by extending existing capabilities and infrastructure;
• Drive value within businesses by leveraging opportunities to optimize value, realize synergies, implement customer-centric technology and leverage big data across the Cineplex ecosystems; and
• Pursue opportunities that capitalize on Cineplex's core strengths.

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COVID-19: Key Responses

Cost Control	Liquidity Measures
• Worked with landlords and real estate partners to abate and	• Amended credit facility to provide waivers to Q2 2022
	defer lease costs
•	Employee layoffs and voluntary salary reductions	• Secured $305M additional liquidity through convertible
debenture offering and another $250M in second lien notes
• Benefited from government wage subsidy programs such as	• Received $60M for the reorganization of joint operation with
	CEWS
	SCENE
• Reduced operating costs and targeted renegotiations with	• Received $57M for the sale of Company's head office
	key suppliers
	building
• Near-term CAPEX guidance significantly reduced	• Other, including $62.6 million in income tax receivables, all
•	Continued suspension of dividend payments	of which have been received as of December 31, 2021

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COVID-19: Enhanced Measures

• Top priority is the health and safety of our employees and our guests
• Introduced VenueSafe program - health and safety protocols in accordance with Canada's public health guidelines
• • Reserved seating, reduced capacity (province- dependent), enhanced cleaning, implemented safety signage
• ZERO cases of COVID-19 transmission in theatre and location-based entertainment venues
• Focus on health and safety will continue even as threat of COVID-19 subsides

© Cineplex. Confidential. Not to be distributed, reproduced or used without permission.