2022-05-31 | NYSE: IMAX | Press release

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IMAX achieves a dominant performance at the domestic box office, earning 14% of the total North American gross with $21 million

NEW YORK, May 31, 2022 /PRNewswire/ — IMAX Corporation (NYSE: IMAX) had its best four-day Memorial Day weekend in the world with the $32.5 million Paramount Pictures’ ‘Top Gun: Maverick’ debut, featuring the movie icon Tom Cruise. Crushing industry expectations, the aerial actor also marked the biggest national opening of the four-day Memorial Day weekend ever in IMAX with $21 milliongood for a stunning 14% of the overall North American box office.

“Top Gun: Maverick” now presents itself as by Tom Cruise the biggest opening weekend in IMAX history – globally, domestically and in 50 countries and territories around the world – topping a string of eight successful Cruise-led outings dating back to 2011.

“If you thought movies were dead, check out ‘Top Gun: Maverick’ and let me know what you think. This movie heralds the return of the summer blockbuster and is a catalyst that will accelerate demand for movies like an F-18 the sound barrier,” said Rich Gelfond, CEO of IMAX. “There’s no way you’re sitting in a movie theater, with a giant screen and chest-pounding speakers, and coming back thinking there’s another way to experience ‘Top Gun: Maverick’, and our hats are up for Tom Cruise, Joe Kosinsky and their fearless creative team for what they have accomplished.”

“Top Gun: Maverick” is a Filmed for IMAX release shot with IMAX-certified Sony Venice cameras and includes nearly an hour of scenes in IMAX’s exclusive 1:90:1 extended aspect ratio. This includes all of the stunning flight footage from the film plus additional scenes available with up to 26% more images only available in IMAX.

Six of the specialized IMAX cameras were attached inside the cockpit of an F-18A Super Hornet to enable the film’s groundbreaking aerial photography, and post-production IMAX picture quality enhancements and sound systems to higher dynamic range allowed the filmmakers to design the film to live in IMAX.

Internationally, “Top Gun: Maverick” delivered an all-time top-ten IMAX opening weekend in eighteen diverse markets, including the UK, France, Germany, Italy, Saudi Arabia, Belgium, Japan, Singapore, Argentina, Swedenand Norway.

About IMAX Corporation

IMAX, an innovator in entertainment technology, combines proprietary software, architecture and equipment to create experiences that take you beyond the edge of your seat into a world you never imagined. Top filmmakers and studios use IMAX theaters to connect with audiences in extraordinary ways, and as such, the IMAX network is one of the largest and most successful theatrical distribution platforms for big films of events around the world.

IMAX is headquartered in New York, Toronto and Los Angeles, with additional offices in London, Dublin, Tokyo and Shanghai. As of December 31, 2021, there were 1,683 IMAX theater systems (1,599 commercial multiplexes, 12 commercial destinations, 72 institutional) operating in 87 countries and territories. Shares of IMAX China Holding, Inc., a subsidiary of IMAX Corporation, trade on the Hong Kong Stock Exchange under the stock code “1970”.

IMAX®, IMAX® Dome, IMAX® 3D, IMAX® Dome 3D, experience it in IMAX®, the IMAX® experience, an IMAX® experience, an IMAX 3D® experience, IMAX DMR®, DMR®, IMAX nXos® and movies to the max®, are trademarks and trade names of the Company or its subsidiaries that are registered or otherwise protected under the laws of various jurisdictions. More information about the company can be found at www.imax.com. You can also connect with IMAX on Instagram (https://www.instagram.com/imax), Facebook (www.facebook.com/imax), Twitter (www.twitter.com/imax) and YouTube (www.youtube.com/imaxmovies).

For more information, please contact:

Investors:

Heather Anthony

[email protected]

212.821.0121

Media:

Marc Jafar

[email protected]

212.821.0102

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SOURCE IMAX Corporation

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