Reading International Inc · NASDAQ:RDI
Reading International — Shareholder Meeting (December 2025)
72 slides from Reading International's shareholder meeting presentation, Dec 4, 2025
Slide 1: 2025 Annual Meeting of Stockholders
2025 ANNUAL MEETING OF STOCKHOLDERS DECEMBER 4, 2025
Slide 2: Agenda
2025 ANNUAL MEETING OF STOCKHOLDERS AGENDA I. WELCOME AND INTRODUCTIONS MARGARET COTTER Chair, Serving as Presiding Officer II. ESTABLISHMENT OF SATISFACTION OF MEETING PREREQUISITES S. CRAIG TOMPKINS (SATISFACTION OF NOTICE AND QUORUM REQUIREMENTS); Executive Vice President MEETING CALLED TO ORDER
Slide 3: Agenda: Presentation of Proposals
2025 ANNUAL MEETING OF STOCKHOLDERS AGENDA IV. PRESENTATION OF PROPOSALS AND DISCUSSION; OPENING OF POLLS S. CRAIG TOMPKINS Annual Meeting Secretary o Proposal 1 – To elect Five (5) Directors to serve until our Company’s 2026 Annual Meeting of Stockholders or until their successors are duly elected
Slide 4: Agenda: Voting and Management Presentation
2025 ANNUAL MEETING OF STOCKHOLDERS AGENDA V. VOTING VI. REVIEW AND ANNOUNCEMENT OF PRELIMINARY VOTING RESULTS SYLVIA MORALES Computershare Inspector of Elections VII. ADJOURNMENT OF ANNUAL STOCKHOLDERS MEETING MARGARET COTTER Presiding Officer Chair VIII. MANAGEMENT PRESENTATION AND QUESTION & ANSW
Slide 5: Disclaimers
DISCLAIMERS Our comments today may contain forward-looking statements and management This presentation is intended to summarize the projects on which we are working and may make additional forward-looking statements in response to your questions. our plan for moving our Company forward. Certain proj
Slide 6: Financial Reconciliations
FINANCIAL RECONCILIATIONS We use EBITDA in the evaluation of our Company’s performance since we believe that United States of America for purposes of analyzing our profitability. The exclusion of EBITDA provides a useful measure of financial performance and value. We believe this various components,
Slide 7: Two Businesses, Three Countries
TWO BUSINESSES, THREE COUNTRIES REAL ESTATE CINEMA UP TO 70,077 SF* Retail/office building in NYC 14TH Largest Exhibitor** 21,000 SF 75% interest in NYC cinema building (potential to build 96,000 SF) 18 Locations 14,000 SF 2 Off Broadway Live Theatre properties 179 Screens in NYC US BRANDS Angelika
Slide 8: Synergistic Diversification Supports Long-Term Value
SYNERGISTIC DIVERSIFICATION SUPPORTS LONG-TERM VALUE Q3 2025 REAL ESTATE & CINEMA REVENUE (DIVERSIFIED BY BUSINESS LINE AND GEOGRAPHY) US CINEMA $53.1 M AU CINEMA 47.3% Q3 2025* 38.6% US REAL ESTATE AU REAL ESTATE 3.7% 4.5% NZ REAL ESTATE NZ CINEMA 0.4% 5.5% *Total segment revenue includes $1.0 mill
Slide 9: Long-Term Mission and 2026 Priorities
LONG-TERM MISSION STRATEGICALLY DRIVE THE DEVELOPMENT AND OPERATION OF OUR GLOBAL CINEMA & REMAINING REAL ESTATE ASSETS TO CREATE LONG-TERM STOCKHOLDER VALUE. 2026 PRIORITIES 1) CONTINUE TO IMPROVE GLOBAL CINEMA OPERATIONS ACROSS ALL THREE COUNTRIES 2) CONTINUE TO REDUCE GLOBAL DEBT & INTEREST EXPEN
Slide 10: Committed to Sustaining Long-Term Stockholder Value
COMMITTED TO SUSTAINING LONG-TERM STOCKHOLDER VALUE SOLID EXPERIENCED DUAL BUSINESS INTERNATIONAL MANAGEMENT STRATEGY DIVERSIFICATION BALANCE SHEET TEAM Pre-COVID: Cinema cash flow We maintain sizable operations Commercial property portfolio Management Team holds years supported real estate developm
Slide 11: Since Q1 2020, RDI Has Survived Multiple Headwinds
IMPROVED CAPITAL STRUCTURE EXPANDED ANGELIKA BRAND • Reduced global debt by 37% (or $101.5 • Opened first international Angelika in AU in SINCE Q1 2020, RDI HAS million) since 9/30/20. As of 9/30/25, our global debt was $172.6 million. • Q3 2023. In December 2019, acquired State Cinema SURVIVED MULT
Slide 12: Company Reduced Secured Debt by $102 Million
COMPANY REDUCED SECURED DEBT BY $102 million IN FIVE YEARS (SEPT 30, 2020 – SEPT 30, 2025) (IN USD, IN THOUSANDS) $284,959 $274,140 $236,948 $215,633 $210,300 $202,713 $172,638 SEP. 2020 DEC. 2020 DEC. 2021 DEC. 2022 DEC. 2023 DEC. 2024 SEP. 2025
Slide 13: Maintained Good Relationships With Our Lenders
THROUGH CHALLENGING YEARS, WE HAVE MAINTAINED GOOD RELATIONSHIPS WITH OUR VARIOUS LENDERS US REAL ESTATE LENDERS US NON-REAL ESTATE LENDERS AU LENDERS CINEMAS 123 US CINEMAS DEBT (BOFA) NATIONAL AUSTRALIA BANK Balance as of 9/30/20 -$24.8M Balance as of 9/30/20 -$85.9M Balance as of 9/30/20 - $54.2M
Slide 14: 2025 Global Industry Box Office
2025 GLOBAL INDUSTRY BOX OFFICE 2023 HOLLYWOOD STRIKES CONTINUED TO IMPACT Q1 2025 RELEASE SCHEDULE YTD NOV 2019 BOX OFFICE YTD NOV 2024 BOX OFFICE YTD NOV 2025 BOX OFFICE $7.8 Billion $7.8 Billion NORTH AMERICA $10.2 Billion (down 24% vs. 2019) (down 23% vs. 2019) (up 1% vs. 2024) AU$844.1 Million
Slide 15: RDI Total Revenues (Cinema & Real Estate)
RDI TOTAL REVENUES (CINEMA & REAL ESTATE) 2020 – TTM SEPT 30, 2025 PANDEMIC PANDEMIC PANDEMIC PANDEMIC RECOVERY Q1 2025 IMPACT FROM HOLLYWOOD STRIKES RECOVERY INTERRUPTED BY HOLLYWOOD STRIKES HOLLYWOOD & Q2 BOX OFFICE STRIKES REBOUND* $222,744 $210,527 $211,292 $203,115 $139,060 $77,862 2020 2021 20
Slide 16: RDI Operating Income (Cinema & Real Estate)
RDI OPERATING INCOME (CINEMA & REAL ESTATE) Q3 2020 – Q3 2025 2020 – TTM SEPT 30, 2025 (IN MILLIONS) (IN MILLIONS) $1.0 $(0.3) $(0.3) $(2.8) $(12.0) $(14.0) $(6.7) $(28.5) $(11.0) $(41.8) $(17.4) $(61.3) Q3 Q3 Q3 Q3 Q3 Q3 2020 2021 2022 2023 2024 TTM 2020 2021 2022 2023 2024 2025 2025 COVID-19 PANDE
Slide 17: RDI Adjusted EBITDA (Cinema & Real Estate)
RDI ADJUSTED EBITDA (CINEMA & REAL ESTATE) Q3 2020 – Q3 2025 2020 – TTM SEPT 30, 2025 (IN MILLIONS) (IN MILLIONS) $74.2 * $6.1 * $3.9 $3.6 $2.8 $19.6 * $7.8 $2.1 $(0.1) $(2.4) $(38.9) $(11.6) Q3 Q3 Q3 Q3 Q3 Q3 2020 2021 2022 2023 2024 TTM 2020 2021 2022 2023 2024 2025 2025 COVID-19 PANDEMIC 2023 HOL
Slide 18: RDI Net Income (Loss)
RDI NET INCOME (LOSS) Q3 2020 – Q3 2025 2020 – TTM SEPT 30, 2025 (IN MILLIONS) (IN MILLIONS) $31.9* $(4.4) $(4.2) $(5.2) $(7.0) $(14.3) $(10.1) $(30.7) $(36.2) $(35.3) $(19.2) $(65.2) Q3 Q3 Q3 Q3 Q3 Q3 2020 2021 2022 2023 2024 TTM 2020 2021 2022 2023 2024 2025 2025 COVID-19 PANDEMIC 2023 HOLLYWOOD S
Slide 19: 2025 Capital Allocation Priorities
2025 CAPITAL ALLOCATION PRIORITIES BALANCE SHEET OVERVIEW AS OF SEPTEMBER 30, 2025 2025 CAPITAL ALLOCATION PRIORITIES TOTAL ASSETS • Continue evaluating Real Estate Portfolio to generate, to the $435.2 MILLION (BOOK VALUE) extent necessary, liquidity through additional asset sales or refinance CASH
Slide 20: Our Diverse Global Real Estate Business
OUR DIVERSE GLOBAL REAL ESTATE BUSINESS SUSTAINED THE COMPANY THROUGH FIVE YEAR GLOBAL HEADWINDS AND CONTINUES TO BE WELL POSITIONED FOR THE FUTURE
Slide 21: Global Real Estate Strategy
2026 GLOBAL REAL ESTATE STRATEGY • Complete asset sale to support liquidity and reduce debt: o US – 23.9-acre Newberry Yard in Williamsport, PA (currently non- income producing) • Evaluate Real Estate portfolio for other strategic opportunities to boost liquidity • Complete 44 Union Square (NYC) lea
Slide 22: RDI Global Real Estate Revenue
RDI GLOBAL REAL ESTATE REVENUE YTD SEPTEMBER 2020 - 2025 PANDEMIC PANDEMIC PANDEMIC SALE OF CULVER CITY SALE OF WELLINGTON SALE OF RECOVERY BUILDING (US) (NZ) & CANNON PARK AUBURN/REDYARD (AU), (AU) ROYAL GEORGE (US) AND INVERCARGILL (NZ) $15,338 $14,844 $14,065 $12,265 $9,928 $9,947 YTD SEP 2020 YT
Slide 23: RDI Global Real Estate Operating Income (Loss)
RDI GLOBAL REAL ESTATE OPERATING INCOME (LOSS) YTD SEPTEMBER 2020 - 2025 PANDEMIC PANDEMIC PANDEMIC SALE OF CULVER CITY SALE OF WELLINGTON SALE OF RECOVERY BUILDING (US) (NZ) & CANNON PARK AUBURN/REDYARD (AU), (AU) ROYAL GEORGE (US) AND INVERCARGILL (NZ) $4,461 $3,212 $3,234 YTD SEP 2020 YTD SEP 202
Slide 24: AU/NZ Real Estate Portfolio
AU/NZ REAL ESTATE PORTFOLIO* 5 MULTI-TENANTED PROPERTIES 158,668 SF (14,741m2) of Third-Party Space 58 THIRD-PARTY TENANTS Over 156,173SF (14,509m2 ) of Third-Party Space 4 LAND PARCELS IMPROVED WITH READING CINEMAS 126,282 SF (11,732m2 ) *All AU/NZ portfolio slides reflect sale of Wellington NZ pro
Slide 25: Newmarket Village Anchors AU Real Estate Portfolio
WE L L-C URA T E D DE V EL OPM E N T A NC HO R ED BY R EA D ING C I NE M A IN BRI SBA NE CI TY ( QL D) THIRD PARTY TENANTS 47 ANCHOR TENANTS Coles Supermarket Reading Cinemas Newmarket Hotel by ALH Anytime Fitness NET RENTABLE SQUARE FEET 166,001 SF (15,442m2) OCCUPANCY YTD 98%* WEIGHTED AVERAGE LEA
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Slide 27: Tenant Mix
OFFICE FOOD OTHER & LEISURE BEVERAGE 12% OTHER 7% RETAIL 21% 4% MEDICAL RELATED 4% VACANT TENANT 2% 1% READING MIX CM OFFICE 24% 25% GROCERY & DRUG STORE READING CINEMAS
Slide 28: Reading Cinema Anchored Center in Perth
R E AD IN G CI NE M A A N C HO RE D C E NT E R IN PE R TH ( WE ST ER N AUST RAL IA) THIRD PARTY TENANTS 6 ANCHOR TENANTS Reading Cinemas Dome Cafe NET RENTABLE SQUARE FEET 60,118 SF (5,585 m2) OCCUPANCY YTD 100%* WEIGHTED AVERAGE LEASE TERM 2.0 years** LEASES EXECUTED YTD 3 VACANCIES YTD 0% * Exclud
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Slide 30: Tenant Mix
FOOD & 0% BEVERAGE VACANCIES 24% TENANT 1% OTHER MIX RETAIL 75% READING CINEMAS
Slide 31: Retail Ground Lease and Office Building
RETAIL GROUND LEASE REGIONAL MELBOURNE AREA • Multi-year ground lease situated in Waurn Ponds, a residential suburb of Victoria. • In addition to the 8 screen Reading Cinema with TITAN LUXE, the property is fully leased to an F&B tenant, an entertainment tenant and one telco tenant. 8000 SF OFFICE B
Slide 32: AU/NZ Real Estate Occupancy
AU/NZ REAL ESTATE AS OF NOV 20, 2025 58 THIRD PARTY TENANTS 98% THIRD-PARTY TENANT 3 VACANCIES 2497 SF (232m2 ) 14 FITOUTS COMPLETED OCCUPANCY RATE IN 2025 (New and existing tenants) 78 Third Party Tenants 3 Vacancies Remaining
Slide 33: AU Real Estate: $25.9 Million Quarterly Tenant Sales
AU REAL ESTATE STRONG TRADING TENANTS SUPPORTED BY STRATEGIC COMPANY MARKETING & LEASING $25.9 MILLION IN QUARTERLY THIRD-PARTY TENANT SALES
Slide 34: US Real Estate Portfolio
US REAL ESTATE PORTFOLIO • Up to 70,077 SF* of net leasable area (inclusive of potential BOMA adjustments) comprised of retail & office – 44 Union Square • 75% interest in a 21,000 SF NYC cinema building (with development potential of 80,000 SF, plus additional 16,000 SF of air rights) - Cinemas 123
Slide 35: 44 Union Square Upper Levels Leasing
UPPER LEVELS CBRE COLLIERS NEWMARK 43,000 SF OF FOUR UPPER “Midtown South’s 2025 “At 4.29M SF, leasing demand in Q3 “Midtown South registered 2.3MSF of LEVELS IS STILL IN LEASING resurgence advanced in Q3, with 2025 was 8.9% higher since the prior leasing activity, marking 54.3% jump PHASE. nearly a
Slide 36: New York City - Cinemas 123
NEW YORK CITY - CINEMAS 123 COMPANY OWNS 75% OF LAND & BUILDINGS • 7,900 SF gross land area • With inclusionary rights, we can build up to a maximum of approx. 96,000 RSF above grade. • Currently operated as the Cinemas 123, boutique cinema on Upper East Side of NYC. • On September 30, 2025, the Com
Slide 37: Historic Reading Rail Assets
H I S T OR I C R E A D I N G R A I L A S S E TS OFFER POTENTIAL MONETIZATION OPPORTUNITIES READING VIADUCT - PHILADELPHIA, PA • Historic elevated rail track with 350,000 SF of land/bridgeworks. Though shorter than NYC’s High Line, the Reading Viaduct is substantially wider. • This uninterrupted corr
Slide 38: US Live Theatres
US LIVE THEATRES TWO LEADING OFF-BROADWAY THEATRES IN NYC ORPHEUM THEATRE One stage (347 seats) in the heart of NYC’s East Village, which ran STOMP for almost 30 years. During 2025, and now into 2026, we continue to book quality shows targeted to NYC audiences that result in theatre being booked bet
Slide 39: Our Cinema Business Is Resilient
OUR CINEMA BUSINESS IS RESILIENT WE’VE WEATHERED THE STORMS OF THE PANDEMIC & 2023 HOLLYWOOD STRIKES
Slide 40: 55 Movie Theaters (440 Screens)
55 MOVIE THEATERS (440 SCREENS) ACROSS AUSTRALIA, NEW ZEALAND & UNITED STATES AUSTRALIA NEW ZEALAND UNITED STATES • 29 locations / 210 screens • 8 locations / 51 screens • 18 locations / 179 screens • 4th largest exhibitor* • 3rd largest exhibitor* • 14th largest exhibitor* • One new cinema in the p
Slide 41: Unique Characteristics of Our Cinema Portfolio
UNIQUE CHARACTERISTICS OF OUR CINEMA PORTFOLIO NZ US 6% 52% INTERNATIONAL PORTFOLIO AU CINEMA AU AND NZ ARE STABLE ECONOMIES WITH STRONG LOCAL FILM NZ CINEMA PRODUCTION, ENHANCING PROGRAMMING LED BY HOLLYWOOD MOVIES AU US CINEMA • 48% of our Total Theater Revenues generated in AU and NZ* 42% SPECIAL
Slide 42: Q4 2025 Movie Slate Appeals to Diverse Audiences
Q4 2025 MOVIE SLATE APPEALS TO DIVERSE AUDIENCES WICKED: FOR ZOOTOPIA 2 FIVE NIGHTS AT AVATAR: FIRE THE MARTY SONG SUNG ANACONDA GOOD FREDDY’S 2 AND ASH SPONGEBOB SUPREME BLUE MOVIE: SEARCH FOR SQUAREPANTS NOV. 21, NOV. 26, DEC. 5, DEC. 19, DEC. 19, DEC. 25, DEC. 25, DEC. 25, 2025 2025 2025 2025 202
Slide 43: US Cinema Industry Gross Box Office
US CINEMA INDUSTRY GROSS BOX OFFICE YTD SEP 2020-2025 (IN US DOLLARS. PERIOD FIRST NINE MONTHS EACH YEAR (JAN - SEP)) PANDEMIC PANDEMIC PANDEMIC PANDEMIC RECOVERY HOLLYWOOD STRIKES RECOVERY & HOLLYWOOD & BOX OFFICE STRIKES REBOUND $6,228.0 $5,541.2 $5,739.7 $4,991.7 $2,165.2 $1,749.8 YTD SEP 2020 YT
Slide 44: AU Cinema Industry Gross Box Office
AU CINEMA INDUSTRY GROSS BOX OFFICE YTD SEP 2020-2025 (IN AU DOLLARS. PERIOD FIRST NINE MONTHS EACH YEAR (JAN - SEP)) PANDEMIC PANDEMIC PANDEMIC PANDEMIC RECOVERY HOLLYWOOD STRIKES RECOVERY & HOLLYWOOD & BOX OFFICE STRIKES REBOUND $789.7 $746.4 $715.3 $735.0 $403.4 $315.1 YTD SEP 2020 YTD SEP 2021 Y
Slide 45: NZ Cinema Industry Gross Box Office
NZ CINEMA INDUSTRY GROSS BOX OFFICE YTD SEP 2020-2025 (IN NZ DOLLARS. PERIOD FIRST NINE MONTHS EACH YEAR (JAN - SEP)) PANDEMIC PANDEMIC PANDEMIC PANDEMIC RECOVERY HOLLYWOOD STRIKES RECOVERY & HOLLYWOOD & BOX OFFICE STRIKES REBOUND $141.8 $127.2 $117.5 $117.5 $75.8 $56.7 YTD SEP 2020 YTD SEP 2021 YTD
Slide 46: RDI's US, AU, NZ Cinema Divisions
RDI’S US, AU, NZ CINEMA DIVISIONS TOTAL CINEMA REVENUE (BOX OFFICE, F&B AND ANCILLARY) IN USD** YTD SEPTEMBER 2020 - 2025 $90.1 $72.5 $73.7 $70.6 $63.8 $64.3 $60.6 $59.1 $37.6 $33.9 $24.6 $24.9 $11.1 $11.3 $9.4 $9.0 $8.1 $5.3 YTD YTD YTD YTD YTD YTD YTD YTD YTD YTD YTD YTD SEP SEP SEP SEP SEP SEP SE
Slide 47: 2026 Could Be One of the Biggest Years at the Box Office
2026 COULD BE ONE OF THE BIGGEST YEARS EVER AT THE BOX OFFICE* JAN. 16, 2026 MAR. 20, 2026 APR. 3, 2026 MAY 22, 2026 JUN. 19, 2026 JUL. 10, 2026 JUL. 17, 2026 JUL. 31, 2026 SEP. 18, 2026 NOV. 20, 2026 DEC. 18, 2026 DEC. 18, 2026 * “2026 could be one of the Biggest Years ever at the Box Office – Here
Slide 48: Major Studio Release Schedule: January through June
MAJOR STUDIO RELEASE SCHEDULE JANUARY THROUGH JUNE (2026-2027) JANUARY FEBRUARY MARCH APRIL MAY JUNE 2026 2026 2026 2026 2026 2026 SoulM8te (Jan 9) GOAT (Feb 13) Hoppers (Mar 6) The Super Mario Galaxy The Devil Wears Prada 2 Masters of the Universe Greenland 2: Migration Wuthering Heights (Feb 13) T
Slide 49: Major Studio Release Schedule: July through December
MAJOR STUDIO RELEASE SCHEDULE JULY THROUGH DECEMBER (2026-2027) JULY AUGUST SEPTEMBER OCTOBER NOVEMBER DECEMBER 2026 2026 2026 2026 2026 2026 Minions 3 (July 1) One Night Only (Aug 7) How to Rob a Bank (Sep 4) Verity (Oct 2) The Cat in the Hat (Nov 6) Violent Night (Dec 4) Shiver (July 3) Flowervale
Slide 50: Short Term Priorities for Our Global Cinema Business
SHORT TERM PRIORITIES FOR OUR GLOBAL CINEMA BUSINESS CONTENT AND AUDIENCE EXPANSION & EXPERIMENTATION • Repertory Movies & Events • Alternative Content, such as Concerts, Comedies, Sports Events, Specialized Films and Documentaries • International Content o Anime o South Asian Films • Local Australi
Slide 51: Continuing Box Office Trend
CONTINUING BOX OFFICE TREND Add to slide 126 AU/NZ FILM PRODUCTION WILL CONTINUE TO SUPPORT 2026 AU/NZ BOX OFFICE AUSTRALIA & AUSTRALIA NEW ZEALAND NEW ZEALAND ZAC POWER WE BURY THE DEAD THE MOVIE HOLY DAYS OPENS FEB. 2026 OPENING TBD OPENS APR. 17
Slide 52: Angelika in NYC: 2025 Specialty Films That Delivered
ANGELIKA IN NYC 2025 SPECIALTY FILMS THAT DELIVERED THE PHOENICIAN FRANKENSTEIN FRIENDSHIP I’M STILL HERE SCHEME One of the top 5 grosses at the Opening Weekend Opening Weekend ($86,000) One of the top 5 grosses at Angelika NYC in 2025. ($155,000) and Opening and Opening Week the Angelika NYC in 202
Slide 53: Continue to Delight Our Guests With Creative Programs
CONTINUE TO DELIGHT OUR GUESTS WITH CREATIVE PROGRAMS & EXPERIENCES To supplement the release schedule and improve overall seat occupancy percentages, our teams will continue to create exclusive content programs, series and events to keep our audiences engaged with our brands.
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Slide 55: Curated Experiences Build Community at AU/NZ Cinemas
OUR CURATED EXPERIENCES BUILD COMMUNITY AND DRIVE ATTENDANCE AT OUR AU/NZ CINEMAS
Slide 56: Expansion of Global Cinema Loyalty Programs
EXPANSION OF GLOBAL CINEMA LOYALTY PROGRAMS DRIVES ATTENDANCE AUSTRALIA NEW ZEALAND US FREE TO FREE TO FREE TO FREE TO FREE TO FREE TO PAID PAID PAID PAID PAID PAID JOIN JOIN JOIN JOIN JOIN JOIN 285,000 10,900 24,400 4,400 6,900 2,500 172,000 MEMBERS MEMBERS MEMBERS MEMBERS MEMBERS MEMBERS MEMBERS L
Slide 57: F&B Spend Per Person - Global Growth
F&B SPEND PER PERSON – GLOBAL GROWTH (US, AU & NZ) US $9 $8.70 $8.12 $8.07 AU $8 $7.60 $7.80 $7.48 $7.88 NZ $7.51 $6.91 $7 $7.33 $6.73 $6.72 $6.64 $5.84 $6 $5.52 $6.24 $4.99 $5.67 $4.91 $5.56 $5 $4.62 $4.90 $4.51 $4 $4.12 $3 2018 2019 2020 2021 2022 2023 2024 2025 YTD Sep (ALL IN FUNCTIONAL CURRENCY
Slide 58: F&B Per Capita Records in Q3 2025
US, AU & NZ CINEMA DIVISIONS SET F&B PER CAPITA RECORDS IN Q3 2025 US AU NZ HIGHEST Q3 EVER HIGHEST HIGHEST Q3 & Q3 EVER EVER SECOND HIGHEST QUARTER EVER
Slide 59: Strong F&B Metrics Supported by Movie-Themed Menus
STRONG F&B METRICS SUPPORTED BY MOVIE-THEMED MENUS (US,AU&NZ) In 2025, we continued to eventize our guests’ experience with the highest grossing movies by creating special movie menus: cocktails, mocktails, specialty popcorn and hot food items.
Slide 60: Growing Demand for Movie Merchandise
GROWING DEMAND FOR MOVIE MERCHANDISE Movie Branded Merchandise (tubs, cups, collectibles) continues to grow across our global business and industrywide. In 2025, our social/digital marketing drove global increases in merchandise sales.
Slide 61: Q3 2025 Operational Records
US, AU & NZ CINEMA DIVISIONS Q3 2025 OPERATIONAL RECORDS BOX OFFICE PER CAPITA* HIGHEST THIRD QUARTER EVER FOR AU CINEMA HIGHEST THIRD QUARTER EVER FOR NZ CINEMA SECOND HIGHEST THIRD QUARTER EVER FOR US CINEMA F&B PER CAPITA* HIGHEST THIRD QUARTER EVER FOR AU CINEMA HIGHEST THIRD QUARTER EVER FOR NZ
Slide 62: Focus on Elevating the Guest Experience
FOCUS ON ELEVATING THE GUEST EXPERIENCE SIGNIFICANT INVESTMENT MADE IN THE LAST DECADE IN NEW AND EXISTING CINEMA ASSETS. PROJECTED FOR JANUARY 30, 2026: LUXURY RECLINER SEATING • 68% of US screens feature Luxury Recliner Seating • 36% of AU/NZ screens feature Luxury Recliner Seating PREMIUM LARGE F
Slide 63: Global Cinemas Renovations & New Builds
GLOBAL CINEMAS RENOVATIONS & NEW BUILDS CURRENTLY SCHEDULED FOR 2025 & BEYOND AUSTRALIA NEW ZEALAND UNITED STATES READING CINEMAS IN NOOSA, QLD READING CINEMAS AT COURTENAY READING CINEMAS AT VALLEY PLAZA CENTRAL IN WELLINGTON MALL IN BAKERSFIELD, CA • Construction of new state-of- • Reading Cinemas
Slide 64: Our Company Is:
OUR COMPANY IS: 1. WELL-POSITIONED TO TAKE ADVANTAGE OF ANTICIPATED 2026 BOX OFFICE REBOUND. 2. STRONG REAL ESTATE PORTFOLIO CARRIED ON BOOKS AT LOWER OF HISTORIC COST AND FMV. 3. WHILE WE’VE MONETIZED SELECT REAL ESTATE ASSETS TO PAY DOWN DEBT AND IMPROVE LIQUIDITY, WE HAVE RETAINED GROWTH ASSETS –
Slide 65: Financial Review
FINANCIAL REVIEW GILBERT AVANES EXECUTIVE VICE PRESIDENT, CHIEF FINANCIAL OFFICER & TREASURER
Slide 66: Summary Financial Data
SUMMARY FINANCIAL DATA STATEMENT OF OPERATIONS YEAR END, DECEMBER 31 ($ in thousands, except per share data) 2024 2023 Revenues $ 210,527 $ 222,744 Operating Income (Loss) (14,033) (12,031) Interest Expense, net (21,154) (19,418) Gain (Loss) on Sale of Assets and Other Income (Expense) 157 398 Incom
Slide 67: Summary Financial Data
SUMMARY FINANCIAL DATA NINE MONTHS ENDED STATEMENT OF OPERATIONS SEPTEMBER 30 ($ in thousands, except per share data) 2025 2024 2023 Revenues $ 152,716 $ 151,951 $ 177,425 Operating Income (Loss) (4,331) (15,562) (5,073) Interest Expense, net (13,270) (15,907) (14,063) Gain (Loss) on Sale of Assets
Slide 68: Summary Balance Sheet
SUMMARY BALANCE SHEET ($ in thousands) 9/30/25 12/31/24 12/31/23 Cash and Cash Equivalents $ 8,090 $ 12,347 $ 12,906 Receivables 2,777 5,276 7,561 Other Current Assets 7,941 39,419 18,243 Total Current Assets 18,808 57,042 38,710 Operating Property, Net 210,525 214,694 262,417 Operating Lease Right-
Slide 69: Reading International Debt
READING INTERNATIONAL DEBT DEBT SUMMARY AS OF SEPT EMB ER 3 0, 2 02 5 AS OF DECEMBE R 31 , 20 24 Corporate Expiration Contractual Unused Contractual Unused ($ in thousands) and/or Capacity Used Capacity Used Year Capacity Capacity Capacity Capacity Property Debt Trust Preferred Securities C 2027 $ 2
Slide 70: Through 2025, Adjusted Most Debt Facilities
THROUGH 2025, ADJUSTED MOST DEBT FACILITIES 1. Westpac – Loan on New Zealand Assets January 2025 - The loan was discharged following the sale of Courtenay Central, New Zealand. 2. Emerald Creek Capital – Loan on 44 Union Square (NYC) May 2025 – Maturity Date extended to November 6, 2026, with an opt
Slide 71: James J. Cotter Sr.: Founder's Core Values and Guiding Principles
O UR FO UN DER ’ S CO RE VA LUES & GUIDIN G PR INC IP LES C ON TIN UE TO INS P IRE O UR N A VIG ATIO N O F R ECE NT H EA DWIN DS EMPATHETIC app roach to o ur stakehold ers ENTREPRENEURIAL app roach to o ur business EDUCATED analysis und erpins ou r st rat egies ENGAGING ou r g uests is p aramoun t t
Slide 72: Q&A Session
T& | Q&A SESSION READING INTERNATIONAL
Reading International — Shareholder Meeting (December 2025) on 6ix