Reading International Inc · NASDAQ:RDI
Reading International — Shareholder Meeting (June 2016)
28 slides from Reading International's shareholder meeting presentation, Jun 3, 2016
Slide 1: 2016 Annual Stockholders Meeting
SAFE HARBOR STATEMENT READING 2016 ANNUAL STOCKHOLDERS MEETING June 2, 2016 016 ANNUAL STOCKHOLDERS MEETING
Slide 2: Financial Reconciliations
FINANCIAL RECONCILIATIONS ‘Wie we EBITDA nthe evauation of cur Company’ perfomance nce we believe that EBITDA proves a wet measure of fancilperformance an value. We beleve ths pineal fe le beSeve tat EBTDA isan accepted industry-wide comparative mensre of faancal perfomance. 1,9 ur experience, 2 mea
Slide 3: Cinemas and Real Estate: Our Synergistic Mission
Cinemas ~ Steady Cash Flow g asona, 2 SY tneaters/461 screens in US, AU & N2 Market Cop eal Estate in US, AU & NZLong Term Value Total Debe +" Gey Value Creation Projects ‘Total Revenves + operating Properties Tota Adjusted EBITDA, + 3 Future Vale Reaeation Opportunites tod of Ma 325 nd ca mer te ed
Slide 4: Core Values & Guiding Principles
CORE VALUES & GUIDING PRINCIPLES INSPIRED BY OUR FOUNDER, JAMES J. COTTER, SR. HIGHLY EXPERIENCED MANAGEMENT TEAM SxsetncecGnimbi eam no uncer ENTREPRENEURIAL approach to our business ekSy Eee EDUCATED analysis EXECUTION is paramount to successfully connecting guests and tenants to our assets ENJOYM
Slide 5: US Cinemas
US CINEMAS 11 argest US exhibitor by box office (as of March 31,2016)
Slide 6: Global Cinema Strategy: Inspiring Experiences That Maximize Guest Returns
GLOBAL CINEMA STRATEGY: INSPIRING EXPERIENCES THAT MAXIMIZE GUEST RETURNS GLOBAL CINEMA SEGMENT 2015 PERFORMANCE ‘Build ong-term valu or cu stockholders by maximizing the value incur existing cinema portale. whe we pursue new opportunities. ‘Strong studio box office, coupled wth implementation of Gl
Slide 7: State-of-the-Art Presentation
‘STATE-OF-THE-ART PRESENTATION HELPS DRIVE BOX OFFICE r | a - | Oopotsy atmos tag ‘ 4 FEELEVERY OMENSIO WE CREATE UNIQUELY DESIGNED VENUES a * We design spaces that connect guess to our brands and inspire longer and repeat its + Asignature aesthetics tey to oust design 7AQ, 2016 anna stocewocoens ve
Slide 8: Hospitality Styled Comfort & Craft Food & Beverage Options
WE OFFER HOSPITALITY STYLED WE CRAFT FOOD & BEVERAGE OPTIONS TO MATCH OUR MARKETS 12016 COMFORT & SERVICE + nthe US today, lost 25% of our theaters responsibly serve craft ber, wine & coekals Food & Beverage stmost SO of our theater responsibly serve erat beet, ! per capita is highest {first quarter
Slide 9: Curated Film & Event Programming
CURATED FILM & EVENT PROGRAMMING srengthin ualy fim programming Content Programming round fim [XCLUSIVE FOOTAOE YOU Wit ONLY 4| SAW THE LIGHT Q&As with Tom )\ Hiddleston! iS VALUE GUIDES OUR TICKET PRICING rate pricing and specal oes generate attendance and goed f& Pe] EN Van : VALUE “Le.
Slide 10: Engage Our Guests With Virtual Interaction
ENGAGE OUR GUESTS WITH INTERESTING AND CONVENIENT VIRTUAL INTERACTION Mobil sit traf inceased in 2015 US/AU/NG:socialy engaged eahibior + Australia up 618 Y0¥ + New Zest ups3% Yor + Unite Sates up 57% Y0¥ [AU/NZ Cinemas 1 millon teat 214 online from our cn US cinemas: Soft Launch of se-tcketingonine
Slide 11: Australian and New Zealand Real Estate Portfolio
CONTINUE TO PURSUE SELECTIVE NEW OPPORTUNITIES AUSTRALIAN AND NEW ZEALAND REAL ESTATE PORTFOLIO ees ts 4 value creation projects Newratet Vilage Soping cetera Rewrartt (aint of rsa] anchored a oles Speman WS. estat reroieert heres cee (ETC Aan (ssbb of Syne) anchored Reading Gera ‘onnon Part [TCin T
Slide 12: Global Real Estate Strategy
GLOBAL REAL ESTATE STRATEGY ‘ul ong-trm vale for our stocthalders by maxing the vl our exiting property orl, whe we pura new realestteoppartunitesmestng ar lvestment eter REPOSITION & RENOVATE CREATE SPACES (INTERIOR & BGelss cradon piSlecil PORTFOLIO TO GENERATE EXTERIOR) THAT INSPIRE AND : INCREME
Slide 13: Value Creation Project: Newmarket Shopping Center
VALUE CREATION PROJECT: Newmarket Shopping Center in an affluent suburb of Brisbane + Approximately 93,0005 of gross leasable area + $2}000 SF ease to 38 thie party tenants No Reading Cinema + 905 leases + Annual Operating income: $3.8 milton + Coles Supermarket 8WS 1+ Newmartet Hotel, operate by AL
Slide 14: Value Creation Project: RedYard in Auburn
VALUE CREATION PROJECT: VALUE CREATION PROJECT: are-imagined Newmarket Village RedYard in Auburn, a suburb of Sydney, NSW ‘UPGRADING EXISTING COMMON AREAS & ‘Auburn the multculturel center of Sydney with everse demesrephie INTEGRATING WITH NEW LEISURE & DINING PRECINCT ‘communities Porromatta Road o
Slide 15: Value Creation Projects: RedYard and Cannon Park
VALUE CREATION PROJECT: RedYard in Auburn, a suburb of Sydney, NSW VALUE CREATION PROJECT: Cannon Park in Townsville, QLD + 1 2016--Universa Burger opened (2300SF) opening of Chieago Jones Coffee Chocolate Specialists + 22016 Targeted opening of MCMO, local fchion retale(1100 SF new retail) + 03 201
Slide 16: Value Creation Projects: Cannon Park and Courtenay Central
eee VALUE CREATION PROJECT: a Better Cannon Park in Townsville, QLD ae VALUE CREATION PROJECT: Courtenay Central in Wellington, NZ Locareo i wewwn LMMPROVED CINEMA EXPERIENCE Townviles “Best in-Clss” ‘UPGRADING EXISTING COMMON AREAS & CENTER MARKETING READING: + Creating Gold Lounge offer~2 Gold Lou
Slide 17: Value Creation Project: Courtenay Central
! aaa. VALUE CREATION PROJECT: Courtenay Central in Wel igt PROJECTED + Transtioning fom trade feod cour to new Food Hal ageing curated mio ations BUDGET: town a >, USS22-25m * Ren oi cna mtr mn rn eg tn <lndinsied coneecnte eeeugticesenee = {A006 ONY SHOPPING EXPERENCE eeu enon PANG EEHENCE , < Z +
Slide 18: Future Value Realization Opportunity: Manukau and Cinemas 1, 2 & 3
FUTURE VALUE REALIZATION OPPORTUNITY: VALUE CREATION PROJECT: Cinemas 1, 2&5 Locatedin Manhattan on 3% Ave. ot 60" Stores from Bloomingdale's adjacent to subway sation Manukau, NZ / 70.4 acres on 2 parcels of undeveloped land adjacent to Auckland Airport New Zealond and local economy is song. Auclon
Slide 19: Value Creation Project: Union Square NYC
VALUE CREATION PROJECT: THIS SLIDE INTENTIONALLY BLANK Union Square NYC a 7K, ro ana stocwwovoers weer
Slide 20: Value Creation Project: Union Square NYC
VALUE CREATION PROJECT: Union Square NYC el | el el JK ‘2016 ANNUAL STOCKHOLDERS MEETING + Plan for seven levels of Retail and Offce user over 73,322 SF (inclusive of anticipates BOMA adjustment) 1+ Achievement of Major Regulatory Hurdles ‘March 2015 ~ Landmark Commission approver sdtional 123,000 S
Slide 21: Future Value Realization Opportunities in US
FUTURE VALUE REALIZATION OPPORTUNITIES IN US Shadlow View - City of Coachella, California, CA + som trestn approx 200 res undeveloped propery current use er fming + tected immecit south ot tera 10nd ent of ighwny Bin Concha Vey. Aprox. 54,00 car pas tough his insect very ay + Popuon within five mies
Slide 22: Other Notable Events / Financial Review
OTHER NOTABLE EVENTS reecaemar Cont 7, 2016 ana srockvoxoes weernG FINANCIAL REVIEW presented by Dev Ghose, Executive Vice President & Chief Financial Officer
Slide 23: Summary Financial Data
SUMMARY FINANCIAL DATA SATO FonzaTnns (6 thouserd) ‘Operating pense ‘Operating income ‘et iceme tom orig Operations tix ceme pate te Common Stciners arin Par Share Contig Op =e ing Per share Fly ind exrDA cing 7K, 2ave nna stocrocoers vests 258748 rape ri RECONCILIATION OF EBITDA TO NET INCOME oR om
Slide 24: Summary Balance Sheet
SUMMARY BALANCE SHEET ‘SUMMARY FINANCIAL DATA Ginthowends) lal somber oF reas (anand ash Eales 19702 S502 —— 10036 308 inthe) Tor Garr ets 36501 TL pera Property Net nase sess land lorie 37566 ass Investment and Deven Pepe Net Bee 25108 InvemantinUnconoite nt Verure ndEtes 5370 6189 Geass gaMNsctbea
Slide 25: Reconciliation of EBITDA to Net Income
RECONCILIATION OF EBITDA TO NET INCOME $30 (4875) (rey 3208) $276 suse 2575) e523) 070 suis A 2016 ANNUAL STOCKHOLDERS MEETING ‘SUMMARY BALANCE SHEET (inthoundd 10% (Cau ac Cash Eguhlets and Tene Depots S 15330 19702 Racehables 11300 10036 ther Current Asa 6335 7383 orl Gent sete pr 3692 ‘Operating
Slide 26: Corporate Debt
CORPORATE DEBT As orvaacn 26 (i thousand) Copa Used sant amerea sovpos 5 eo Sms 5. 25500 aon tra a Eat sips aan 25969 Weryacton mo wee pat eae Tora 5 aso Ss ma 5 74890 7&, 201s sua stocewo.ners MEETING 2001 - 2016 YEARLY FINANCIAL TREND in uss (Stormacases tab soos wen iSnutetsairopcney ootow ences
Slide 27: Stockholder Returns / In Conclusion
‘STOCKHOLDER RETURNS’ ‘+ The Company hasbeen included in the Russel 2000 index since June 2012 *+ Cass A Stock price has increased 1318 over the last 47 months + Closing pie on lune 2, 2016: $12.72 IN CONCLUSION We create long-term stockholder value trough the opportunistic nd synergic development o
Slide 28: Thank You
Reading International — Shareholder Meeting (June 2016) on 6ix