IMAX and IMAX Corporation announced an agreement for three new IMAX with Laser systems across France. The deal will bring The IMAX Experience to key locations across the country, including one system in a large city in the north of France - set to open in 2025 - and two locations in the suburbs of the country's populous capital, scheduled to open in 2026. The new agreement doubles IMAX's footprint with the Paris-based exhibitor in France and marks the second deal in just over a year for the two companies.

Inclusive of this agreement, IMAX and MEGARAMA currently operate two locations in France - with four more in backlog in the country - and one additional location in backlog in Morocco. The new agreement comes as IMAX continues to ride a consistent wave of momentum in France, which is a top ten global market for the Company. 2023 was the highest grossing year ever for IMAX in the country, delivering over $23 million in box office.

In 2024, the Company delivered its second-best First Quarter ever in France, driven by the record run of "Dune: Part Two", which now stands as the second- highest grossing film ever in the country for IMAX with over $4.8 million in box office to date. The three new MEGARAMA locations in France will be equipped with IMAX with Laser, IMAX's most advanced experience. Immersive by design, IMAX with Laser has been developed from the ground-up to deliver crystal clear, lifelike images and precision audio for a moviegoing experience unlike anything else.

It is set apart by a groundbreaking 4k laser projection system that features a new optical engine, custom designed lenses, and a suite of proprietary technology that delivers brighter images with increased resolution, deeper contrast, and the widest range of colors exclusively to IMAX systems.