Cineplex Announces Election of Directors at Annual Meeting of Shareholders

TORONTO, May 25, 2022 /CNW/ - (TSX: CGX) - Cineplex Inc. ("Cineplex" or the "Company") is pleased to announce that at its Annual Meeting of Shareholders held today, each of the items of business referred to in its management information circular dated April 21, 2022 (the "Management Information Circular") was passed by a vote held by ballot. The voting results for each item of business are as follows:

Election of Directors:
Each of the nominee directors listed in the Management Information Circular was elected as a director of the Company. Cineplex received the following proxies with regard to voting on the nine directors nominated for election:

Name of Nominee	% Votes For	% Votes Withheld
Jordan Banks	99.73%	0.27%
Robert Bruce	99.03%	0.97%
Joan Dea	99.02%	0.98%
Janice Fukakusa	98.52%	1.48%
Donna Hayes	99.58%	0.42%
Ellis Jacob	99.67%	0.33%
Sarabjit Marwah	99.03%	0.97%
Nadir Mohamed	89.47%	10.53%
Phyllis Yaffe	99.18%	0.82%

Appointment of Auditors:

The appointment of PricewaterhouseCoopers LLP as auditors of the Company was approved. Votes were received as follows:

Votes For:                           96.28%

Votes Withheld:                  3.72%

Advisory Vote on Say-on-Pay:

The non-binding say-on-pay advisory resolution as set forth in the Management Information Circular on the Company's approach to executive compensation was approved. Votes were received as follows:

Votes For:                           87.75%

Votes Against:                    12.25%

About Cineplex
Cineplex (TSX:CGX) 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 & Entertainment' (The Rec Room) and complexes specially designed for teens and families (Playdium). It also operates successful businesses in digital commerce (CineplexStore.com), alternative programming (Cineplex Events), 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 joint venture partner in Scene+, Canada's largest entertainment 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. To learn more, visit Cineplex.com or download the Cineplex App.

SOURCE Cineplex

Investor Relations contact: Mahsa Rejali, Executive Director, Corporate Development and Investor Relations, [email protected]; Media Relations contact: Melissa Pressacco, Director, Communications, [email protected]