Transaction Details

Footnotes

Represents the conversion of vested restricted share units into common shares. | Mr. Gelfond is reporting the withholding of common shares by IMAX Corporation to satisfy the tax withholding obligation in connection with the delivery of common shares upon conversion of the restricted share unit transaction. | Each restricted share unit represents a contingent right to receive one common share of IMAX Corporation. | Each restricted share unit is the economic equivalent of one common share of IMAX Corporation. | The restricted share units vest and will be converted to common shares in three installments: 62,528 on each of January 2, 2024 and January 2, 2025 and 62,529 on January 2, 2026. | The restricted share units vest and will be converted to common shares in three installments: 61,192 on January 2, 2025 and 61,193 on each of January 2, 2026 and January 2, 2027. | The restricted share units vest and will be converted to common shares in three installments: 36,506 on each of January 2, 2026, January 2, 2027 and January 2, 2028. | The restricted share units vest and will be converted to common shares in three installments: 32,452 on each of January 2, 2027, January 2, 2028 and 32,453 January 2, 2029. | This represents the number of restricted share units for this transaction only. Mr. Gelfond's aggregate remaining outstanding option, restricted share unit and common share balances following these transactions will be 1,818,695; 231,562 and 635,940 respectively.