IMAX Corporation CEO Richard Gelfond is on a temporary medical leave of absence to undergo treatment for pneumonia. During his absence, the company's senior executives, including Named Executive Officers Natasha Fernandes (EVP & CFO), Anne Globe (CMO), Rob Lister (Sr. EVP & Chief Legal Officer), and Mark Welton (President, IMAX Theatres), are managing day-to-day responsibilities. These executives are coordinating with Darren Throop, Chair of the Board of Directors, and maintaining regular communication with the full Board. The company issued this statement to provide transparency and prevent speculation due to Mr. Gelfond's absence from upcoming industry conferences. IMAX will not provide further comment at this time out of respect for Mr. Gelfond's privacy but will provide updates as appropriate.