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Home Artificial Intelligence

Cineplex Reports All-Time Record Quarterly Revenue And More Than Doubled Adjusted EBITDAaL in Q3 2026

November 6, 2026
in Artificial Intelligence, GlobeNewswire, Web3
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TORONTO, Nov. 06, 2026 (GLOBE NEWSWIRE) — (TSX: CGX) – Today, Ci eplex I c. (“Ci eplex” o the “Compa y”) eleased its fi a cial esults fo the th ee a d i e mo ths e ded Septembe 30, 2026. U less othe wise specified, all amou ts co tai ed i this ews elease a e i Ca adia dolla s.

Q3 2026 Highlights:

  • Repo ted the highest qua te ly total eve ues1 i the Compa y’s histo y of $440.2 millio , a i c ease of 26.2% ove the p io yea
  • Ge e ated $70.7 millio of Adjusted EBITDAaL, the seco d-highest thi d-qua te Adjusted EBITDAaL i Ci eplex histo y a d a i c ease of 112.2% ove the p io yea
  • Repo ted et i come f om co ti ui g ope atio s of $23.8 millio , a i c ease of $22.5 millio ove the p io yea
  • Delive ed $52.9 millio of adjusted f ee cash flow, a 241.3% i c ease ove the p io yea
  • Welcomed 14.8 millio guests, a i c ease of 23.1% ove the p io yea
  • Reco ded box office eve ues of $215.7 millio , the highest qua te ly total i the Compa y’s histo y a d a i c ease of 35.2% ove the p io yea
  • Delive ed 51.4% of box office eve ues f om p emium expe ie ces, a thi d qua te eco d
  • Set all-time qua te ly eco d Box Office Pe Pat o at $14.54 a d thi d qua te eco d Co cessio Pe Pat o at $9.99
  • Achieved all-time qua te ly eco d theat e food se vice eve ues of $150.6 millio , a i c ease of 27.0% ove the p io yea

“Ou eco d thi d qua te esults eflect the ext ao di a y mome tum we a e seei g ac oss ou busi ess,” said Bill Walke , Chief Executive Office , Ci eplex. “We delive ed the highest qua te ly eve ue i ou histo y a d ove 110% g owth i adjusted EBITDAaL, eflecti g the sig ifica t ope ati g leve age of ou busi ess. Ou st o g ope ati g pe fo ma ce a d f ee cash flow ge e atio d ove mea i gful deleve agi g du i g the qua te , b i gi g us withi ou ta get leve age a ge of 2.5x to 3.0x a d fu the st e gthe i g ou fi a cial positio .

This qua te also demo st ated the powe ful co ectio audie ces co ti ue to have with theat ical e te tai me t whe compelli g sto ies become cultu al mome ts. Spide -Ma : B a d New Day became the highest-g ossi g film of all time at the domestic box office, while The Odyssey ge e ated mo e tha $1.8 billio at the global box office. The Odyssey also d ove u p ecede ted dema d fo p emium expe ie ces, with ou IMAX 70MM locatio s f eque tly selli g out, highlighti g both the appeal of ou p emium expe ie ces a d the st ategic adva tage of ope ati g 8 of the wo ld’s 41 IMAX 70MM sc ee s. This co t ibuted to p emium fo mats accou ti g fo a thi d-qua te eco d 51.4% of box office eve ues.

Beyo d ou theat es, ou Media busi ess emai ed esilie t despite a softe adve tisi g ma ket a d co ti ues to p ovide adve tise s with access to a e gaged audie ce, i cludi g ha d-to- each demog aphics such as Ge Z a d ewcome s to Ca ada. Ou Locatio -Based E te tai me t busi ess co ti ued to focus o ope atio al excelle ce, delive i g 4.6% g owth i adjusted sto e-level EBITDAaL a d expa di g ma gi s by mo e tha 100 basis poi ts despite a challe gi g co sume spe di g e vi o me t.

As I begi my te u e as CEO, I am e e gized by the oppo tu ities ahead. Ci eplex has a u ique set of assets, a tale ted team, g owi g f ee cash flow, a d a focused st ategy ce te ed o c eati g exceptio al guest expe ie ces a d delive i g lo g-te m value fo sha eholde s. With st o g mome tum ac oss ou busi ess, a compelli g upcomi g film slate a d co ti ued commitme t f om studios to theat ical eleases, we believe Ci eplex is well positio ed fo co ti ued g owth.”

Du i g the qua te , the Boa d i itiated a St ategic Review to evaluate oppo tu ities to e ha ce a d maximize value fo all sha eholde s. As pa t of the St ategic Review, the Boa d will co side a a ge of alte atives, i cludi g, but ot limited to, a pote tial sale of the Compa y.

Thi d Qua te Fi a cial Results

Fi a cial highlightsThi d Qua te Yea to Date (i thousa ds of dolla s, except theat e atte da ce i thousa ds of pat o s a d pe sha e a d pe pat o amou ts)20262025Cha ge(i)20262025Cha ge(i)                Total eve ues$440,199 $348,938 26.2%$1,114,906 $949,998 17.4% Theat e atte da ce14,833 12,054 23.1%37,341 32,029 16.6% Net i come (loss) f om co ti ui g ope atio s$23,829 $1,365 NM $9,242 $(33,622) NM  Net i come (loss) f om disco ti ued ope atio s, i cludi g gai o dispositio$— $(154) -100.0%$— $(3,980) -100.0% Net i come (loss)$23,829 $1,211 NM $9,242 $(37,602) NM  Cash p ovided by co ti ui g ope ati g activities$57,125 $26,760 113.5%$116,793 $45,471 156.9% Box office eve ues pe pat o (“BPP”) (ii)$14.54 $13.23 9.9%$13.91 $13.11 6.1% Co cessio eve ues pe pat o (“CPP”) (ii)$9.99 $9.65 3.5%$9.96 $9.66 3.1% Adjusted EBITDA (ii)$111,528 $73,048 52.7%$238,054 $177,578 34.1% Adjusted EBITDAaL (ii)$70,731 $33,332 112.2%$115,654 $56,508 104.7% Adjusted EBITDAaL f om disco ti ued ope atio s (ii)$— $471 -100.0% $— $(87) -100.0% Adjusted EBITDAaL i cludi g disco ti ued ope atio s (ii)$70,731 $33,803 109.2%$115,654 $56,421 105.0% Adjusted EBITDAaL ma gi f om co ti ui g ope atio s (ii) 16.1% 9.6%6.5% 10.4% 5.9%4.5% Adjusted f ee cash flow (ii)$52,914 $15,504 241.3%$67,902 $6,780 NM  Adjusted f ee cash flow pe sha e (ii)$0.840 $0.244 244.3%$1.078 $0.107 NM  Ea i gs (loss) pe sha e f om co ti ui g ope atio s – basic$0.38 $0.02 NM $0.15 $(0.53) NM  Ea i gs (loss) pe sha e f om disco ti ued ope atio s – basic$— $— NM $— $(0.06) -100.0% Ea i gs (loss) pe sha e – basic$0.38 $0.02 NM $0.15 $(0.59) NM  Ea i gs (loss) pe sha e f om co ti ui g ope atio s – diluted$0.34 $0.02 NM $0.15 $(0.53) NM  Ea i gs (loss) pe sha e f om disco ti ued ope atio s – diluted$— $— NM $— $(0.06) -100.0% Ea i gs (loss) pe sha e – diluted$0.34 $0.02 NM $0.15 $(0.59) NM  (i) Pe iod ove pe iod cha ge calculated based o thousa ds of dolla s except pe ce tage a d pe sha e values. Cha ges i pe ce tage amou ts a e calculated as 2026 value less 2025 value. (ii) Adjusted EBITDA, adjusted EBITDAaL, adjusted EBITDAaL ma gi , adjusted f ee cash flow pe commo sha e of Ci eplex, BPP a d CPP a e measu es that do ot have a sta da dized mea i g u de ge e ally accepted accou ti g p i ciples (“GAAP”).  These measu es as well as othe No -GAAP othe fi a cial measu es epo ted by Ci eplex a e defi ed i the ‘No -GAAP a d Othe Fi a cial Measu es’ sectio at the e d of this ews elease. 

Thi d Qua te a d Octobe Box Office Results

The followi g table compa es 2026 mo thly box office eve ues to 2025 mo thly box office eve ues:

Mo th2025 Box office (i)2026 Box office (i)2026 as a pe ce tage of 2025July$72,722$72,601100%August$49,087$97,962200%Septembe$37,669$45,118120%Q3 Total$159,477$215,681135%Octobe$29,886$42,329142%(i) Amou ts a e i thousa ds of dolla s.

KEY DEVELOPMENTS IN THE THIRD QUARTER OF 2026

The followi g desc ibes ce tai key busi ess i itiatives u de take a d esults achieved du i g 2026 i each of Ci eplex’s co e busi ess a eas:

FILM ENTERTAINMENT AND CONTENT

Theat e Exhibitio

  • Repo ted a all-time qua te ly eco d i the thi d qua te fo box office eve ues of $215.7 millio , a i c ease of $56.2 millio o 35.2% f om $159.5 millio i the p io yea pe iod due to a 23.1% i c ease i atte da ce as a esult of a st o g film slate du i g the qua te , i cludi g Spide -Ma : B a d New Day a d The Odyssey.
  • Repo ted a all-time qua te ly eco d BPP of $14.54 i the thi d qua te , a i c ease of $1.31 o 9.9% compa ed to the p io yea pe iod of $13.23. The i c ease was p ima ily d ive by p emium p iced p oducts, which accou ted fo 51.4% of total box office eve ues, a thi d qua te eco d.
  • E ha ced the theat e ci cuit at Galaxy Ci emas Wate loo i Wate loo, O ta io with a et ofit to all ecli e seati g at five audito iums, with o e audito ium upg aded to a Ult aAVX audito ium.

Theat e Food Se vice a d Othe

  • Repo ted a all-time qua te ly eco d fo theat e food se vice eve ues i the thi d qua te of $148.1 millio , a i c ease of $31.8 millio o 27.3% compa ed to the p io yea pe iod, p ima ily due to a i c ease i atte da ce.
  • Repo ted a thi d qua te eco d CPP of $9.99, a i c ease of $0.34 o 3.5% compa ed to the p io yea pe iod, p ima ily due to g owth i value p og ams a d i itiatives, a d a i c ease i me cha dise sales.

Alte ative P og ammi g a d Dist ibutio

  • Ci eplex Pictu es (Ci eplex’s dist ibutio busi ess) dist ibuted Muti y du i g the thi d qua te a d e- eleased the complete Hu ge Games film se ies i a ticipatio of the upcomi g The Hu ge Games: Su ise o the Reapi g, alo g with a ive sa y e- eleases of Ghost i the Shell a d La La La d.
  • Co ti ued its leade ship positio i alte ative p og ammi g, with st o g pe fo mi g i te atio al films i cludi g Mi zapu (Hi di), Yaa Jig ee Kasooti Deg ee (Pu jabi), fo which Ci eplex ep ese ted ove 85% of the No th Ame ica box office, Hope (Ko ea ), a d All Wishes Come T ue! (Ma da i ).
  • Eve t Ci ema p og ammi g featu ed a va iety of successful i itiatives, highlighted by live stage eco di gs of HADESTOWN: THE MUSICAL a d SIX: THE MUSICAL LIVE!, classic a ime titles i cludi g You Name, a d the music docume ta y KATSEYE: WILD HEARTS.
  • Ci eplex, i pa t e ship with TSN, sc ee ed select FIFA Wo ld Cup 2026 matches live i pa ticipati g theat es.

CINEMA MEDIA

  • Repo ted thi d qua te ci ema media eve ues of $19.1 millio , a dec ease of $0.1 millio o 0.4% f om the p io yea pe iod.

LOCATION-BASED ENTERTAINMENT

  • Repo ted thi d qua te eve ues of $34.0 millio , a dec ease of $0.6 millio o 1.7% compa ed to the p io yea pe iod.
  • Repo ted thi d qua te adjusted sto e level EBITDAaL of $6.1 millio , a i c ease of 4.6% compa ed to the p io yea pe iod.

LOYALTY

  • Membe ship i the Sce e+ loyalty p og am eached 16 millio membe s as at Septembe 30, 2026.

CORPORATE

  • O Septembe 23, 2026, Ci eplex appoi ted Bill Walke as Chief Executive Office .
  • The boa d of di ecto s of Ci eplex (the “Boa d”) also i itiated a eview of st ategic alte atives (the “St ategic Review”) to evaluate oppo tu ities to e ha ce a d maximize value fo all sha eholde s, i cludi g, but ot limited to, a pote tial sale of Ci eplex. The Boa d has e gaged Goldma Sachs a d TD Secu ities as co-fi a cial adviso s i co ectio with the St ategic Review.
  • Ellis Jacob will se ve as a special advise to the Boa d th ough Decembe 31, 2026, wo ki g closely with the Boa d, ma ageme t team a d Ci eplex’s adviso s i co ectio with the eview a d assessme t of st ategic alte atives available to Ci eplex.
  • Ci eplex e ewed its NCIB o August 24, 2026, autho izi g the epu chase a d ca cellatio of up to 6.3 millio commo sha es (the “Commo Sha es”), ep ese ti g 10% of its public float outsta di g as of August 14, 2026.
  • O Septembe 5, 2026 a d Septembe 6, 2026, Ci eplex offe ed ge e al admissio movie tickets a d a small bag of popco fo $5 each plus tax, a d do ated a po tio of the p oceeds to Ca adia Pictu e Pio ee s.

NON-GAAP AND OTHER FINANCIAL MEASURES

Natio al I st ume t 52-112, No -GAAP a d Othe Fi a cial Measu es Disclosu e (“NI 52-112”) imposes obligatio s ega di g disclosu e of o -GAAP fi a cial measu es, o -GAAP atios, a d othe fi a cial measu es. Ci eplex epo ts o ce tai o -GAAP measu es, o -GAAP atios, suppleme ta y fi a cial measu es a d total segme t measu es that a e used by ma ageme t to evaluate Ci eplex’s pe fo ma ce. The followi g measu es i cluded i this ews elease do ot have a sta da dized mea i g u de GAAP a d may ot be compa able to simila measu es p ovided by othe issue s. Ci eplex i cludes these measu es because ma ageme t believes that they assist i vesto s i assessi g fi a cial pe fo ma ce. These o -GAAP a d othe fi a cial measu es a e used th oughout this ews elease a d a e defi ed below.

NON-GAAP FINANCIAL MEASURES

A o -GAAP fi a cial measu e is defi ed i NI 52-112 as a fi a cial measu e disclosed that (a) depicts the histo ical o expected futu e fi a cial pe fo ma ce, fi a cial positio o cash flow of a e tity, (b) with espect to its compositio , excludes a amou t that is i cluded i , o i cludes a amou t that is excluded f om, the compositio of the most di ectly compa able fi a cial measu e disclosed i the p ima y fi a cial stateme ts of the e tity, (c) is ot disclosed i the fi a cial stateme ts of the e tity, a d (d) is ot a atio, f actio , pe ce tage o simila ep ese tatio .

NON-GAAP RATIOS

A o -GAAP atio is defi ed i NI 52-112 as a fi a cial measu e disclosed that (a) is i the fo m of a atio, f actio , pe ce tage o simila ep ese tatio , (b) has a o -GAAP fi a cial measu e as o e o mo e of its compo e ts, a d (c) is ot disclosed i the fi a cial stateme ts.

Below a e o -GAAP fi a cial measu es o o -GAAP atios fo co ti ui g ope atio s that a e epo ted by Ci eplex.

EBITDA, ADJUSTED EBITDA AND ADJUSTED EBITDAaL

Ma ageme t defi es EBITDA as ea i gs befo e i te est i come a d expe se, i come taxes a d dep eciatio a d amo tizatio expe se. Adjusted EBITDA excludes the cha ge i fai value of fi a cial i st ume t, loss (gai ) o disposal of assets, fo eig excha ge, a d impai me t, dep eciatio , amo tizatio , i te est a d taxes of Ci eplex’s othe joi t ve tu es a d associates, a d othe items that do ot i ma ageme t’s view ep ese t a facto eleva t to the o goi g pe fo ma ce of the busi ess such as the Competitio T ibu al’s admi ist ative mo eta y pe alty. Adjusted EBITDAaL modifies adjusted EBITDA to deduct cu e t pe iod cash e t paid o payable elated to lease obligatio s.

Subseque t to the adoptio of IFRS 16, Leases, by Ci eplex effective Ja ua y 1, 2019, the calculatio of EBITDA o lo ge i cludes a cha ge fo amou ts paid o payable with espect to leased p ope ty a d equipme t. Give the majo ity of Ci eplex’s busi esses a e ca ied o i leased p emises, Ci eplex i t oduced the measu e of adjusted EBITDAaL which i cludes a deductio fo cash e t paid/payable elated to lease obligatio s. Ci eplex’s ma ageme t believes that adjusted EBITDAaL is a impo ta t suppleme tal measu e of Ci eplex’s p ofitability at a ope atio al level a d p ovides a alysts a d i vesto s with compa ability i evaluati g a d valui g Ci eplex’s pe fo ma ce pe iod ove pe iod. EBITDA, adjusted fo va ious u usual items, is also used to defi e ce tai fi a cial cove a ts i Ci eplex’s 2024 C edit Facility. Ma ageme t calculates adjusted EBITDAaL ma gi by dividi g adjusted EBITDAaL by total eve ues.

EBITDA, adjusted EBITDA a d adjusted EBITDAaL a e o -GAAP measu es ge e ally used as a i dicato of fi a cial pe fo ma ce a d they should ot be see as a measu e of liquidity o a substitute fo compa able met ics p epa ed i acco da ce with GAAP. Ci eplex’s EBITDA, adjusted EBITDA a d adjusted EBITDAaL may diffe f om simila calculatio s as epo ted by othe e tities a d acco di gly may ot be compa able to EBITDA, adjusted EBITDA o adjusted EBITDAaL epo ted by othe e tities.

Adjusted Sto e Level EBITDAaL Met icsCi eplex eviews a d epo ts adjusted EBITDAaL at the locatio level fo LBE which is calculated as total LBE eve ues f om all locatio s less total LBE ope ati g expe ses, which excludes p e-ope i g costs a d ove head elati g to the ma ageme t of LBE.

Adjusted Sto e Level EBITDAaL Ma gi Calculated as adjusted sto e level EBITDAaL divided by total eve ues fo LBE fo the pe iod.

SUPPLEMENTARY FINANCIAL MEASURES

Suppleme ta y fi a cial measu es a e fi a cial measu es that a e ot (a) p ese ted i the fi a cial stateme ts a d (b) a e, o a e i te ded to be, disclosed pe iodically to depict the histo ical o expected futu e fi a cial pe fo ma ce, fi a cial positio o cash flow, that is ot a o -GAAP fi a cial measu e o a o -GAAP atio as defi ed i the i st ume t. Below a e suppleme ta y fi a cial measu es that Ci eplex uses to depict its fi a cial pe fo ma ce, fi a cial positio o cash flows.

Ea i gs (loss) pe Sha e Met icsCi eplex has p ese ted basic a d diluted ea i gs (loss) pe sha e et of this item to p ovide a mo e compa able loss pe sha e met ic betwee the cu e t pe iods a d p io yea pe iods. I the o -GAAP a d othe fi a cial measu es, ea i gs is defi ed as et i come o et loss att ibutable to Ci eplex excludi g the cha ge i fai value of fi a cial i st ume ts.

Pe Pat o Reve ue Met icsCi eplex eviews pe pat o met ics as they elate to box office eve ue, theat e food se vice eve ue a d ci ema media eve ue such as BPP, CPP, BPP excludi g p emium p iced p oduct, co cessio ma gi pe pat o , a d CMPP, as these a e key measu es used by i vesto s to value a d assess Ci eplex’s pe fo ma ce, a d a e widely used i the theat e exhibitio i dust y. Ci eplex’s ma ageme t defi es these met ics as follows:

Theat e atte da ce: Theat e atte da ce is calculated as the total umbe of payi g pat o s that f eque t Ci eplex’s theat es du i g the pe iod.

BPP: Calculated as total box office eve ues divided by total paid theat e atte da ce fo the pe iod.

BPP excludi g p emium p iced p oduct: Calculated as total box office eve ues fo the pe iod, less box office eve ues f om 3D, 4DX, Ult aAVX, VIP, Sc ee X, DBOX, a d IMAX p oduct; divided by total paid theat e atte da ce fo the pe iod, less paid theat e atte da ce fo 3D, 4DX, Ult aAVX, VIP, Sc ee X, DBOX, a d IMAX p oduct.

CPP: Calculated as total theat e food se vice eve ues divided by total paid theat e atte da ce fo the pe iod.

CMPP: Calculated as total ci ema media eve ues divided by total paid theat e atte da ce fo the pe iod.

P emium p iced p oduct: Defi ed as 3D, 4DX, Ult aAVX, IMAX, Sc ee X, DBOX, a d VIP film p oduct.

Theat e co cessio ma gi pe pat o : Calculated as total theat e food se vice eve ues less total theat e food se vice cost, divided by theat e atte da ce fo the pe iod.

Same Theat e A alysisCi eplex eviews a d epo ts same theat e met ics elati g to box office eve ues, theat e food se vice eve ues, theat e e t expe se a d theat e pay oll expe se, as these measu es a e widely used i the theat e exhibitio i dust y as well as othe etail i dust ies.

Same theat e met ics a e calculated by emovi g the esults fo all theat es that have bee ope ed, acqui ed, closed o othe wise disposed of subseque t to the sta t of the p io yea compa ative pe iod. Fo the th ee mo ths e ded Septembe 30, 2026 a d 2025, the impact of o e locatio that was closed o othe wise disposed of i 2025, a d two locatio s that we e closed o othe wise disposed of i 2026 have bee excluded, esulti g i 152 theat es bei g i cluded i the same theat e met ics. Fo the i e mo ths e ded Septembe 30, 2026 a d 2025, the impact of two locatio s that we e closed o othe wise disposed of i 2025, a d two locatio s that we e closed o othe wise disposed of i 2026 have bee excluded, esulti g i 152 theat es bei g i cluded i the same theat e met ics.

Cost of sales pe ce tagesCi eplex eviews a d epo ts cost of sales pe ce tages fo its two la gest eve ue sou ces; box office eve ues a d food se vice eve ues, as these measu es a e widely used i the theat e exhibitio i dust y. These measu es a e epo ted as film cost pe ce tage a d co cessio cost pe ce tage, espectively, a d a e calculated as follows:

Film cost pe ce tage: Calculated as total film cost expe se divided by total box office eve ues fo the pe iod.

Theat e co cessio cost pe ce tage: Calculated as total theat e food se vice costs divided by total theat e food se vice eve ues fo the pe iod.

LBE food cost pe ce tage: Calculated as total LBE food costs divided by total LBE food se vice eve ues fo the pe iod.

Ce tai i fo matio i cluded i this ews elease co tai s fo wa d-looki g stateme ts withi the mea i g of applicable secu ities laws. These fo wa d-looki g stateme ts i clude, amo g othe s, stateme ts with espect to Ci eplex’s objectives a d goals, a d the st ategies to achieve those objectives a d goals, as well as stateme ts with espect to Ci eplex’s beliefs, pla s, objectives, expectatio s, a ticipatio s, estimates a d i te tio s. The wo ds “may”, “will”, “could”, “should”, “would”, “suspect”, “outlook”, “believe”, “pla ”, “a ticipate”, “estimate”, “expect”, “i te d”, “fo ecast”, “objective” a d “co ti ue” (o the egative the eof), a d wo ds a d exp essio s of simila impo t, a e i te ded to ide tify fo wa d-looki g stateme ts.

By thei ve y atu e, fo wa d-looki g stateme ts i volve i he e t isks a d u ce tai ties, i cludi g those desc ibed i this ews elease, a d i Ci eplex’s A ual I fo matio Fo m (“AIF”) a d Ci eplex’s Ma ageme t’s Discussio a d A alysis fo the yea e ded Decembe 31, 2025 (“A ual MD&A”), both of which a e i co po ated he ei by efe e ce a d available o SEDAR+ (www.seda plus.ca). These isks a d u ce tai ties, both ge e al a d specific, give ise to the possibility that p edictio s, fo ecasts, p ojectio s a d othe fo wa d-looki g stateme ts will ot be achieved. Ce tai mate ial facto s o assumptio s a e applied i maki g fo wa d-looki g stateme ts a d actual esults may diffe mate ially f om those exp essed o implied i such stateme ts. Ci eplex cautio s eade s ot to place u due elia ce o these stateme ts as a umbe of impo ta t facto s, ma y of which a e beyo d Ci eplex’s co t ol, could cause actual esults to diffe mate ially f om the beliefs, pla s, objectives, expectatio s, a ticipatio s, estimates a d i te tio s exp essed i such fo wa d-looki g stateme ts. These facto s i clude, but a e ot limited to, Ci eplex’s expectatio s with espect to liquidity a d capital expe ditu es, i cludi g its ability to meet its o goi g capital, ope ati g a d othe obligatio s, a d a ticipated eeds fo , a d sou ces of, fu ds; Ci eplex’s ability to execute cost-cutti g a d eve ue e ha ceme t i itiatives i espo se to adve se eco omic co ditio s; competitio f om alte ative fo ms of e te tai me t a d co te t delive y via st eami g a d othe fo mats; a y acquisitio of a motio pictu e dist ibuto which may educe the amou t of o sc ee co te t; a y eductio i the le gth of theat ical elease wi dows; the impacts of a y pa demic, epidemic, atu al disaste , gove me tal est ictio s, st ikes o the i ability to p ocu e mate ials a d supplies; i fo matio co ce i g futu e pu chases of Commo Sha es u de Ci eplex’s o mal cou se issue bid; the outcome of the St ategic Review; the outcome of the litigatio with espect to Ci eplex’s o li e booki g fee (desc ibed i fu the detail i the A ual MD&A); a d isks ge e ally e cou te ed i the eleva t i dust y, competitio , custome , legal, taxatio a d accou ti g matte s.

The fo egoi g list of facto s that may affect futu e esults is ot exhaustive. Whe eviewi g Ci eplex’s fo wa d-looki g stateme ts, eade s should ca efully co side the fo egoi g facto s a d othe u ce tai ties a d pote tial eve ts. Additio al i fo matio about facto s that may cause actual esults to diffe mate ially f om expectatio s a d about mate ial facto s o assumptio s applied i maki g fo wa d-looki g stateme ts may be fou d i the “Risks a d U ce tai ties” sectio of Ci eplex’s A ual MD&A.

Ci eplex does ot u de take to update o evise a y fo wa d-looki g stateme ts, whethe as a esult of ew i fo matio , futu e eve ts o othe wise, except as equi ed by applicable Ca adia secu ities law. Additio ally, Ci eplex u de takes o obligatio to comme t o a alyses, expectatio s o stateme ts made by thi d pa ties i espect of Ci eplex, its fi a cial o ope ati g esults o its secu ities. All fo wa d-looki g stateme ts i this ews elease a e made as of the date he eof a d a e qualified by these cautio a y stateme ts. Additio al i fo matio , i cludi g Ci eplex’s AIF a d A ual MD&A, ca be fou d o SEDAR+ at www.seda plus.ca.

You a e co dially i vited to pa ticipate i a co fe e ce call with the ma ageme t of Ci eplex (TSX: CGX) to eview ou thi d qua te esults. Bill Walke , Chief Executive Office , a d Go d Nelso , Chief Fi a cial Office , will host the call scheduled fo :

Ci eplex I c. Q3 2026 Ea i gs Webcast:

Date:F iday, Novembe  6, 2026  Time:10:00 a.m. Easte Time  Audio Webcast: Audie ce URL https://edge.media-se ve .com/mmc/p/59pkumo2/  A a chive of the webcast will be available at https://co p.ci eplex.com/i vesto s afte the eve t

Please ote, a alysts who cove the Compa y should use the dial-i optio to pa ticipate i the live questio pe iod. Click o the call li k HERE a d egiste fo you u ique PIN.

All atte dees should joi the eve t 5-10 mi utes p io to the scheduled sta t time. Media a e welcome to joi i liste -o ly mode.

About Ci eplex

Ci eplex (TSX:CGX) is a top-tie Ca adia b a d that ope ates i the Film E te tai me t a d Co te t, Amuseme t a d Leisu e, a d Media secto s. Ci eplex offe s a u ique escape f om the eve yday to millio s of guests th ough its ci cuit of 169 movie theat es a d locatio -based e te tai me t ve ues. I additio to bei g Ca ada’s la gest a d most i ovative film exhibito , the compa y ope ates Ca ada’s favou ite desti atio fo ‘Eats & E te tai me t’ (The Rec Room), complexes specially desig ed fo tee s a d families (Playdium), a d a e te tai me t co cept that b i gs movies, amuseme t gami g, di i g, a d live pe fo ma ces togethe u de o e oof (Ci eplex Ju xio ). It also ope ates successful busi esses i ci ema media (Ci eplex Media), alte ative p og ammi g (Ci eplex Eve ts) a d motio pictu e dist ibutio (Ci eplex Pictu es). P ovidi g eve mo e value fo its guests, Ci eplex is a pa t e i Sce e+, Ca ada’s la gest e te tai me t a d lifestyle loyalty p og am.

P oudly ecog ized as havi g o e of the cou t y’s Most Admi ed Co po ate Cultu es, Ci eplex employs ove 10,000 people i its offices a d ve ues ac oss Ca ada. To lea mo e, visit Ci eplex.com.

Fo fu the i fo matio :

I vesto Relatio s co tact: Mahsa RejaliVice P eside t, Co po ate Developme t & I vesto Relatio sI vesto Relatio s@Ci eplex.com

Media Relatio s co tact: Michelle Saba, CPIRVice P eside t, Commu icatio sP essRoom@Ci eplex.com                                             

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