Cinemark Holdings, Inc. · NYSE:CNK
Cinemark — Q1 2025 Earnings Presentation
31 slides from Cinemark's earnings presentation, May 2, 2025
Slide 1: Investor Presentation
Investor Presentation May 2, 2025
Slide 2: Forward Looking Statements
Forward Looking Statements CAUTIONARY NOTE REGARDING FORWARD LOOKING STATEMENTS PURSUANT TO THE U.S. PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995: This presentation contains, and our officers and representatives may from time to time make, “forward–looking statements” within the meaning of the s
Slide 3: Long-Term Value Creation
Long-Term Value Creation Cinemark is well-positioned to deliver sustainable growth, profitability, and long-term shareholder returns on account of its advantaged market position, ongoing industry recovery, and numerous opportunities to drive incremental value creation 1 2 3 4 5 6 7 High quality Dist
Slide 4: High quality assets
1 High quality assets
Slide 5: High Quality Assets
High Quality Assets Sustained investments in guest experience over the past decade that significantly exceed peers, while prioritizing ongoing investments that position Cinemark for continued success Have consistently allocated $80- Highest penetration 2) of luxury $100M for global maintenance seats
Slide 6: Distinctive global footprint
2 Distinctive global footprint
Slide 7: Distinctive Global Footprint
Distinctive Global Footprint Distinctive global footprint with 497 theaters and 5,644 screens in 14 countries that provides valuable scale, attractive diversification and access to growth opportunities in under-penetrated markets U.S. Operations 1) • 304 theaters / 4,246 screens • 3rd largest exhibi
Slide 8: Significant North American Market Share
Significant North American Market Share Operational excellence and execution of strategic initiatives have driven faster domestic box office recovery than North American industry with meaningful market share gains Box Office Recovery 1) Market Share Expansion 2) North American Market Share 2) 86% 14
Slide 9: Leader Across Latin American Region
Leader Across Latin American Region Well-established leader with market share expanding meaningfully since pre-pandemic and box office recovery outpacing our comparable Latin American industry benchmark Market Share Expansion 1) Market Share - Key Latin American Markets 1) BRAZIL ARGENTINA 24.8% 24%
Slide 10: Solid financial position with compelling free cash flow profile
3 Solid financial position with compelling free cash flow profile
Slide 11: FY 2024 Highlights
FY 2024 Highlights Continue to outperform industry and consistently demonstrate our agility in a dynamic landscape • Domestic box office recovery surpassed North American industry results by 900 bps comparing FY24 against FY19 Box Office • International admissions also surpassed Latin American indus
Slide 12: 1Q25 Results and Go-Forward
1Q25 Results and Go-Forward 1Q25 Results Go-Forward Expectations Despite a softer box office environment due to Looking ahead, we remain highly encouraged lingering strike implications, we continued to about the positive future direction of our surpass industry benchmarks. industry and Cinemark. • S
Slide 13: Solid Balance Sheet
Solid Balance Sheet Continue to make meaningful progress toward re-fortifying financial strength post-pandemic while enabling consistent investment in the long-term success of our company; our balance sheet remains a strategic asset and key differentiator, providing valuable flexibility Net Leverage
Slide 14: Capital Allocation Priorities
Capital Allocation Priorities Balanced and disciplined approach toward capital allocation to maximize long-term shareholder value Strengthen balance sheet to enhance flexibility and risk management 1 • Executed $200M in stock buybacks in March 2025 to proactively mitigate potential dilution from the
Slide 15: Industry-leading operating capabilities
4 Industry- leading operating capabilities
Slide 16: Industry-Leading Operating Capabilities
Industry-Leading Operating Capabilities Sophisticated operating tools, procedures, and rigor with meaningful strategic advances has led to consistent outperformance of the North American industry in 14 of the past 16 years Heightened levels of guest services that Technology support center that evalu
Slide 17: Leaders with Proven Track Records
Leaders with Proven Track Records Highly experienced management team with significant industry experience and proven track records; additional key leaders with 20+ years of industry/Cinemark experience in the US and internationally Sean Gamble Melissa Thomas President & CEO CFO 15+ years of industry
Slide 18: Loyal customer base with extensive reach
5 Loyal customer base with extensive reach
Slide 19: Loyal Customer Base with Extensive Reach
Loyal Customer Base with Extensive Reach Established a loyal and extensive customer base through our consistency of service, quality of theaters, and appeal of consumer-oriented loyalty programs Increasing levels of engagement, frequency, and overall spend As of 3/31/2025 ~105K members • Movie Club
Slide 20: Numerous levers to drive incremental value creation
6 Numerous levers to drive incremental value creation
Slide 21: Growth & Productivity Opportunities
Growth & Productivity Opportunities Driving numerous growth and productivity initiatives that go above and beyond industry recovery to create incremental value • Further enhance exceptional guest experience through premium amenities and offerings that cannot be replicated at home, as well as an ongo
Slide 22: Resilient industry dynamics and continued recovery
7 Resilient industry dynamics and continued recovery
Slide 23: Exhibition Industry Trends
Exhibition Industry Trends Stable, long-term industry growth trends across technology innovations and economic cycles with box office growth in 6 of the last 8 recessionary periods North America Box Office Trends VCR VHS begins to ramp post beta-max INTERNET begins to go mainstream DVD player drops
Slide 24: Value of an Exclusive Theatrical Window
Value of an Exclusive Theatrical Window A theatrical release enhances a film’s promotional impact and overall asset value Increases consumer awareness, Satisfies consumer/creative desires viewing interest, and long-term to see films on big screen. recallability. Elevates perception and relevance Pro
Slide 25: 2025 Notable Titles
2025 Notable Titles Quarter 1 Quarter 2 Quarter 3 Quarter 4 Jan. 10 Jan. 31 Feb. 14 April. 4 April. 18 May. 2 July. 4 July. 11 July. 25 Oct.10 Nov. 7 Nov. 21 (LGF) (UNI) (DIS) (WB) (WB) (DIS) (UNI) (WB) (DIS) (DIS) (PAR) (UNI) Feb. 14 March. 7 March. 21 May. 23 May. 23 June. 13 Aug. 1 Aug. 8 Sep. 5
Slide 26: 2026 Compelling Film Slate
2026 Compelling Film Slate 26
Slide 27: Appendix
Appendix
Slide 28: FY 2024 Results
FY 2024 Results Cinemark delivered comparable Revenue, Adjusted EBITDA, and Adjusted EBITDA Margin year-over- year despite 4% lower attendance due to the impact of the Hollywood guild strikes Worldwide Results 1) • Entertained 201 million moviegoers across 14 countries 3,500 25% $3,067 $3,050 • Surp
Slide 29: Convertible Notes due August 2025
Convertible Notes due August 2025 Successfully mitigated potential shareholder dilution through stock buybacks completed in March 2025 Convertible Note Mechanics 1) 2) • $460M of 4.50% Convertible Notes due August 15, 2025 • Intend to repay the principal amount using cash on hand 900 900 • Beyond th
Slide 30: Non-GAAP Measure Reconciliations
Non-GAAP Measure Reconciliations Reconciliation of Net (Loss)/Income to Reconciliation of Cash Flows Adjusted EBITDA 1) (Used for) Provided by Operating Activities to Free Cash Flow 1) 1Q25 1Q24 FY24 FY23 1Q25 1Q24 2024 2023 Net (Loss)/Income $(39) $25 $313 $191 Cash flows (used for) provided by $(1
Slide 31: Thank You
Thank You Chanda Brashears SVP Investor Relations cbrashears@cinemark.com 972-665-1671