The board of directors of IMAX China Holding, Inc. announced that Mr. Gregory Adam Foster has resigned as a non-executive director and a member of the Remuneration Committee of the company with effect from 31 December 2018 due to his cessation of employment with the company. The board announced that succeeding the resignation of Mr. Foster, Mr. Richard Lewis Gelfond, chairman and a non-executive director of the company, has been appointed as a member of the Remuneration Committee with effect from 1 January 2019, subject to the terms and conditions of the Letter of Appointment entered into by Mr. Gelfond and the company dated 26 April 2018.