#1Investor Presentation November 3, 2023 CINEMARK VE ANT 0000 N E EMARK#2Forward Looking Statements CINEMARK™ CAUTIONARY NOTE REGARDING FORWARD LOOKING STATEMENTS PURSUANT TO THE U.S. PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995: This presentation contains, and our officers and representatives may from time to time make, "forward-looking statements" within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. The "forward looking statements" can be identified by words such as “may,” “should,” “could,” “estimates,” “predicts," "potential," "continue," "anticipates," "believes,” “plans,” “expects," "future" and "intends" and similar references to future periods. Examples of forward-looking statements include, among others, statements we make regarding our future revenues, expenses and profitability, the future development and expected growth of our business, attendance at movies generally or in any of the markets in which we operate, the number or diversity of popular movies released and our ability to successfully license and exhibit popular films, national and international growth in our industry, competition from other exhibitors, and alternative forms of entertainment. Forward-looking statements are neither historical facts nor assurances of future performance. Instead, they are based only on our current beliefs, expectations, and assumptions regarding the future of our business, future plans, and strategies, projections, anticipated events and trends, the economy and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risk, and changes in circumstances that are difficult to predict and many of which are outside our control. Our actual results and financial condition may differ materially from those indicated in the forward-looking statements. Therefore, you should not rely on any of these forward-looking statements. Although it is not possible to predict or identify all uncertainties and risks, we encourage investors to read the risk factors we described in our most recent annual and periodic reports filed with the Securities and Exchange Commission. These risk factors include, but are not limited to, the impacts of the COVID-19 pandemic on our business and the entertainment industry; ; our dependance on film production and performance; the seasonality of our business; our substantial long-term lease and debt obligations; our reliance on film distribution companies and the potential for alternate film distribution channels; regulation related to data protection, data security and privacy laws; economic instability and currency exchange risks related to our foreign operations; and the effects of general political, social, health and economic conditions on attendance at our theatres. All forward-looking statements are expressly qualified in their entirety by these cautionary statements and such risk factors. We undertake no obligation, other than as required by law, to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. Except as otherwise specified or indicated by the context references in this presentation to “we,” “us,” “our,” “Cinemark" or the "Company" are to the combined business of Cinemark Holdings, Inc. and its consolidated subsidiaries. NON-GAAP FINANCIAL MEASURES: GAAP refers to the U.S. generally accepted accounting principles. We include certain non-GAAP financial measures in this presentation, including Free Cash Flow, Adjusted EBITDA and other financial measures utilizing Adjusted EBITDA. These non-GAAP financial measures may not be comparable to those of other companies and may not be comparable to similar measures used in our various filings. Please see the Appendix for definitions of our non-GAAP financial measures and a reconciliation of each non-GAAP financial measure to the most directly comparable financial measure stated in accordance with GAAP. 2#3Cinemark Overview#4Cinemark Overview CINEMARK™ One of the largest and most influential theatrical exhibition companies in the world with 507 theaters with 5,765 screens in 14 countries 1) U.S. Operations 1) . • 3rd largest exhibitor (based on screen count and market share) Located in 42 states, 104 DMAS OREGON IDAHO SOUTH DAKOTA WYOMING WASHINGTON • МОНТАНА MAINE NORTH DAKOTA MINNESOTA VT WISCONSIN MASSACHUSETTS NEW YORK МІСНІБАН RHODE ISLAND CONNECTICUT PENNSYLVANIA HEVADA UTAH COLORADO KANSAS MISSOURI NEW JERSEY ILLINOIS DELAWARE MARYLAND VIRGINIA VIRGINIA CALIFORNIA KENTUCKY NORTH CAROLINA OKLAHOMA TENNESSEE ARIZONA ARKANSAS NEW MEXICO IOWWA NEBRASKA SOUTH CAROLINA ALABAMA GEORGIA MISSISSIPPI • • • #1 or #2 in box office revenues in 80% of our top 25 markets 2) Highest attendance per screen among leading exhibitors Surpassed North American industry box office growth for 9 out of the past 10 years 2) International Operations 1) · • • First modern theatre experience throughout Latin America Highly seasoned team with 30 years of operating experience Located in 13 countries Presence in 15 of top 20 metropolitan cities in the region 2) ~25-30% market share in key countries 1) As of 9/30/2023 2) As of 12/31/2022 ALASKA GUATEMALA EL SALVADOR FLORIDA NICARAGUA GUYANA SURINAME VENEZUELA FRENCH GUIANA COSTA RICA PANAMA COLOMBIA PERU BOLIVIA PARAGUAY BRAZIL ARGENTINA URUGUAY CHILE 4#5Highly Experienced Executive Leadership Team CINEMARK™ Highly experienced management team with significant industry experience and proven track records; Additional key leaders with 20+ years of industry/Cinemark experience in the US and internationally Sean Gamble President & CEO 15+ years of industry experience. Joined Cinemark as CFO in 2014, promoted to COO in 2018 and CEO in 2022. Spent 5+ years as CFO/EVP of Universal Pictures within NBCUniversal prior to Cinemark. Valmir Fernandes President, International 20+ years of Cinemark experience including the past 10+ years as President of International following 10 years as the General Manager of Cinemark Brazil Melissa Thomas CFO Joined as Cinemark's CFO in 2021. Prior to Cinemark, served multiple leadership roles with Groupon, including CFO, CAO & Treasurer, and VP Commercial Finance. Mike Cavalier EVP General Counsel & Business Affairs Served as General Counsel since 1997. Helped guide company through various transactions including M&A, IPO and numerous lending agreements Phillip Couch EVP-Food & Beverage Wanda Gierhart EVP Chief Marketing & Content Officer Jay Jostrand EVP Real Estate & Construction Sid Srivastava EVP-Human Resources, DEI/CSR Damian Wardle EVP Theater & Technical Operations 5#61980 $2.8B VCR Recession year COVID-19 pandemic Exhibition Industry Trends CINEMARK™ Stable, long-term industry growth trends across technology innovations and economic cycles with box office growth in 6 of the last 8 recessionary periods VHS begins to ramp post beta-max 1985 1.1B patrons Sources: North America ComScore; NATO 1956 1990 1995 Internet North America Box Office Trends Recliners and DVD player drops to $100 (DVD heyday) Digital projector conversion enhanced food investments Mass OTT streaming adoption Financial Megaplex and stadium seating Exhibition bankruptcies/ consolidation crisis $11.4B Internet begins to go mainstream 2000 DVD 1.57B patrons 1.38B patrons 1.3B patrons 2005 2010 2010 2015 Streaming 2020 2020 6 Industry recovery $7.5B#7North American Industry Outperformance CINEMARK™ Cinemark's operational excellence and execution of strategic priorities has driven faster domestic box office recovery and market share gains TTM 3Q23 Box Office Recovery 1) 79% Domestic Industry 85% Cinemark 13% Market Share 2) 14% TTM 3Q23 Market Share 2) 40% 23% 0 16% 7% 14% CINEMARK™ TTM 3Q19 TTM 3Q23 IAMC Regal Cinemark Cineplex Others 1) North American industry TTM 3Q23 vs TTM 3Q19 per comScore based on gross box office 2) Market share data per ComScore based on gross box office 7#8Latin American Industry Outperformance CINEMARK™ Strong international presence throughout Latin America provides diversification, increased scale, cross-company synergies, and promotional opportunities with global partners. Market Share 1) 2) 25% 23% TTM 3Q19 TTM 3Q23 TTM 3Q23 Market Share - Key Latin American Markets 2) Brazil Argentina CINEMARK 23% 57% 12% 8% 38% CINEMARK 42% 10% 10% Cinemark Cinepolis Kinoplex Others Cinemark Cinemacenter Cinepolis Others Colombia Chile 3% CINEMARK 25% 19% 19% 37% CINEMARK™ 17% 39% 41% Cinemark CineColombia Royal Others Cinemark Cinepolis Cineplanet Others 1) All Latin American countries compiled based on TTM 3Q23 vs. TTM 3Q19 admissions; 2) Source: comScore 8#9Initiatives Driving Growth and Outperformance CINEMARK™ Continuing to benefit from sustained investments in guest experience; prioritizing investments in strategic initiatives that position Cinemark for ongoing success XD D-BOX ~70% U.S. recliner penetration highest among major circuits 1) #1 private-label premium large format in the world with nearly 300 auditoriums across US and LatAm 325+ auditoriums feature D-BOX motion seats that are synchronized with the on-screen action Industry-leading technology and technological capabilities; first exhibitor to initiate Cinionic laser conversion MOVIE CLUB MOVIE REWARDS Heightened focus on the guest experience with guest service scores that consistently exceed 90% -80% of U.S. circuit features expanded food & beverage offerings, ~60% with alcohol Industry-leading subscription programs; ongoing evolution of loyalty programs Sophisticated omni-channel marketing platform with significantly enhanced digital and social capabilities 1) As of 9/30/2023 9#10Financial Results#11Highlights of Q3 2023 Results CINEMARK™ We continue to make significant progress recovering from the pandemic and have consistently demonstrated our ability to flex and adapt in a dynamic landscape 路 Box Office Domestic box office outperformed the North American industry results by approximately 500 bps comparing 3Q23 against 3Q19 with the largest share gain among the major U.S. exhibitors International admissions also surpassed Latin American industry benchmarks by ~200 bps comparing 3Q23 against 3Q19 XD Premium Formats D-BOX MOVIE CLUB CINEMARK MOVIE REWARDS Food & Beverage Loyalty Profitability $ • • • • • • • Box office generated from XD premium large format auditoriums increased more than 35% year-over-year As a percentage of global box office, XD remains ~200 bps higher than 3Q19 Box office revenue generated by DBOX motion seats grew nearly 50% year-over-year Generated a food & beverage per cap of $7.15 domestically, an increase of 5% compared with 3Q22; international per cap increased 28% versus 3Q22 in constant currency Continued to offset inflationary pressures through product alternatives, category management and strategic pricing actions Movie Club exceeded 1.2 million members – an increase of 25% from 2019; represented 23% of 3Q23 box office Grew consumer reach to 29 million global addressable customers • Doubled worldwide Adj. EBITDA¹) year-over-year to $197M, setting a third-quarter record; generated a strong 22.5% Adj. EBITDA margin, the highest third quarter margin since 2016 • Generated free cash flow of $50M and grew cash balance to $806M at the end of the quarter 1) See Appendix for reconciliation of Adjusted EBITDA to the most directly comparable GAAP measures 11#123Q23 Financial Summary Worldwide Results 1) 2) 3Q23 3Q22 Variance Attendance 62 48 28% Revenue $875 $650 35% Adj. EBITDA $197 $100 98% Adj. EBITDA % 22.5% 15.3% 720 bps Operating Cash Flow $85 $(18) Free Cash Flow $50 $(43) End Cash Balance $806 $632 CINEMARK™ • 3Q23 Highlights Worldwide attendance increased 28% year-over-year driven by a steady recovery of film volume and a diverse slate of high-quality films Executed upon strategy to maximize attendance and box office and further monetize through ancillary revenue opportunities • • Average ticket price increased 7% in the U.S. and 30% internationally in constant currency Concession per cap increased 5% in the U.S. and 28% internationally in constant currency • Gained operating leverage over fixed costs and delivered Adj. EBITDA • of $197M with an Adj. EBITDA margin of 22.5% Further strengthened the balance sheet by generating $50M in free cash flow and ending the quarter with $806M of cash 1) in Millions 2) See Appendix reconciliation of Adjusted EBITDA and Free Cash Flow to the most directly comparable GAAP measures 12#13Capital Structure and Allocation CINEMARK™ Our balance sheet remains a strategic asset and key differentiator, providing ample flexibility 1) 2) (in $ millions) Long-term debt 1) Cash balance Net Debt As of Sept. 30, 2023 • $2,434 $806 $1,628 $588 2.8x • TTM Adj. EBITDA Net Debt/ Adj. EBITDA Target Net Leverage Ratio 2) 2.0-3.0x The company has an undrawn revolver of $125M; Gross long-term debt excluding capital lease obligations Historic net leverage ratio ~2.0-2.5x • . Covenant-lite debt Company has a history of proactively managing debt with nearest maturity in 2025 Redeemed $100M of 8.75% Senior Secured Notes due May 2025 Successfully refinanced credit facility, securing $650M term loan maturing in 2030 and upsizing revolver to $125M maturing in 2028 • Repaid substantially all remaining deferred lease obligations incurred over the course of the pandemic Continue to invest in high-confidence ROI initiatives with $150M of CapEx planned for 2023 • Long-term target net leverage ratio of 2.0 – 3.0x, dependent upon timing and extent of box office recovery, as well as strategic investment opportunities 13#14A Look Ahead#15Q2 Q1 Q4 Q3 2023 Notable Titles 2023 delivering further recovery and improvement in content volume and box office CINEMARK™ YOR CAN'T FIN FROM YOUR PAST MEGAN JESUS MARVEL STUDIOS ANT-MAN-WASP COCAINE REVOLUTION MOMENT CREED SCREAM January 6 QUANTUMANIA February 17 BEAR February 24 February 24 March 3 March 10 MOVIE MARVEL STUDIOS GUARDIANS GALAXY VOLUME April 7 INDIANA JONES and the DIAL OF DESTINY May 5 June 30 DICAPRIO DE NIRO SOUND OF FREEDOM FAST Disney THE LITTLE MERMAID SPIDER MA ACROSS THE SPIDER-VERSE PARTone June 2 TRANSFYRITIERS RISE OF THE BEASTS May 19 MISSION IMPOSSIBLE DEAD RECKONING PART ONE May 26 A FILM BY CHRISTOPHER NOLAN Barbie OPPENHEIMER July 28 July 14 July 21 July 21 Napoleon JOHN WICK March 24 THE FLASH June 9 TEENAGE MUTANT NINJA MUTANT MAYHEM August 4 June 16 THE EQUALIZER JUSTICE KNOWS NO BORDERS September 1 GLADSTONE KILLERS TAYLOR SWIFT THE ERAS TOUR OCTOBER IS FLOWER MOON FIVE NIGHTS THE MARVEL Trolls AT FREDDY'S THE HUNGER GAMES SONGBIRDS SNAKES WISH October 27 October 13 October 20 October 27 November 10 November 17 November 17 November 22 November 22 December 20 A BOLD NEW TAKE ON THE BELOVED CLASSIC #COLOR PURPLE MIGRATION December 20 December 25#16Compelling Film Slate in 2024 & Beyond DISNEY MUFASA THE LION KING WICKED SPIDER-MAN BEYOND THE SPIDER-VERSE MARVEL STUDIOS CAPTAIN AMERICA NEW WORLD ORDER JOKER FOLIE À DEUX MARVEL STUDIOS COMING SOON SUPERMAN LEGACY 2025 ONCE YOU KNOW THE SECRET DONT LET THE CAT OUT OF 1 Disney ARGYLLE IN THEATERS FEBRUARY 2 A QUIET PLACE DAY ONE SNOW WHITE Disp PIXAR INSIDE OUT 2 MARVEL STUDIOS MADAME WEB Jun E PART TWO FROM MASTERMIND ANYA TAYLOR-JOY WILLEF CHRIS EMSWORTH TURK KUNG FU PANDA 4 2024 CINEMARK™ FALL GUY KINGDOM OFTHE OF THE PLANET APES DESPICABLE ME 4 DISNEY PIXAR eli GLADIATOR MINECRAFT THE MOVIE YAHOO! TO YOUR THE MISSION IMPOSSIBLE 8 DEAD RECKONING PART TWO DRAGON BATMAN SONIC3 PART II THE HEDGEHOG A JAMES CAMERON'S AVATAR 3 MARVEL STUDIOS GHOSTBUSTERS MARVEL STUDIOS UNDERBOLTS MEGAN 16#17Value of an Exclusive Theatrical Window A theatrical release enhances a film's promotional impact and overall asset value CINEMARK™ Increases consumer awareness, interest and recognition Elevates perception of films by eventizing them Creates stronger emotional connections with characters/stories $ Provides incremental monetization channel expanding revenue Satisfies consumer/ creative desires to see films on big screen Produces bigger brands, franchises and cultural moments Generates stronger results in downstream channels Delays sizable jump in piracy upon in-home availability 17#18Strategic Priorities for Long-Term Operating Success CINEMARK™ Cinemark maintains an advantaged position to capitalize on the ongoing recovery of theatrical exhibition through varied experiential consumer-based, revenue-generating, and productivity initiatives Create an exceptional guest experience through premium amenities and offerings that cannot be replicated at home, as well as an ongoing focus on top-notch customer service Maximize attendance and box office through pricing strategies, sophisticated showtime planning, and pursuit of alternative content that appeals to a broader consumer base Utilize advanced digital and social marketing capabilities to build audiences, increase moviegoing frequency, and strengthen loyalty to Cinemark Grow food and beverage consumption through expanded offerings and enhancements that simplify the ease of purchase, including the online food and beverage ordering platform Simplify and streamline theater practices through technology, workforce management, and enhanced inventory procedures Utilize enhanced data management, analytics, and process enhancements to drive margin expansion through company-wide Continuous Improvement programs Pursue disciplined strategic investments in long-term growth while re-fortifying balance sheet 18#19Appendix#203Q 2023 Non-GAAP Measure Reconciliations CINEMARK™ Reconciliation of Net Income/(Loss) to Adjusted EBITDA 1) 3Q 2023 3Q 2022 3Q 2019 Reconciliation of Cash Flows Provided by Operating Activities to Free Cash Flow 1) Net Income/(Loss) $91 $(24) $32 Cash flows provided by (used for) operating activities 3Q 2023 3Q 2022 $85 3Q 2019 $(18) $93 Add (deduct): Deduct: Income taxes Interest expense 2) 28 21 38 38 300 14 Capital Expenditures 25 Free Cash Flow 35 25 71 $50 $(43) $22 Other (income) expense, net 3) (5) LO 5 (10) Cash distributions from equity investees 4) 2 8 Depreciation and amortization 52 58 Impairment of long-lived and other assets 2 15 85 68 Reconciliation of Adjusted EBITDA Margin 1) 27 (Gain)/Loss on disposal of assets and other (6) 1 2 Non-cash rent expense (5) (3) (1) Total Revenues Share based awards compensation expense 5) 5 Adjusted EBITDA $197 $100 $170 Adjusted EBITDA Adjusted EBITDA Margin 3Q 2023 3Q 2022 3Q 2019 $875 $650 $822 197 100 170 22.5% 15.3% 20.7% 2) Includes amortization of debt issue costs, amortization of original issue discount and amortization of accumulated (gains) losses for amended swap agreements. 3) Includes interest income, foreign currency exchange and other related gain (loss), interest expense - NCM, equity in income (loss) of affiliates, and unrealized gain on investment in NCM. 4) Includes cash distributions received from equity investees that were recorded as a reduction of the respective investment balances. These distributions are reported entirely within the U.S. operating segment. 5) Non-cash expense included in general and administrative expenses. 1) In millions 20 20#212022 Financial Summary Annual Worldwide Results 1) 2) 2022 2021 2019 CINEMARK™ • • 2022 Highlights Worldwide total revenue grew 63% year-over-year, demonstrating another positive step in the industry's recovery, as well as sustained consumer enthusiasm for theatrical moviegoing Delivered 75% of FY19 total revenue with only 62% of the attendance, underscoring our ability to flex and adapt in a dynamic environment Generated $336M of Adj. EBITDA, resulting in a healthy Adj. EBITDA margin of 13.7% Delivered positive Free Cash Flow of $25M despite a reduction in working capital and settling substantially all pandemic-related deferred rent • Maintained a healthy cash balance as the business recovers while continuing to prudently invest in ROI generating opportunities to position the company for long-term success Attendance 173 106 280 Revenue $2,455 $1,511 $3,283 Adj. EBITDA $336 $80 $745 Adj. EBITDA % 13.7% 5.3% 22.7% Free Cash Flow $25 $71 3) $258 End Cash Balance $675 $707 $488 • 1) in Millions 2) See Appendix reconciliation of Adjusted EBITDA and Free Cash Flow to the most directly comparable GAAP measures 3) Includes $137M of CARES Act-related tax refunds 21 21#22CINEMARK™ Reconciliation of Cash Flows Provided by Operating Activities to Free Cash Flow 1) 2022 Non-GAAP Measure Reconciliations Reconciliation of Net Income/(Loss) to Adjusted EBITDA 1) FY 2022 FY 2021 FY 2019 Net Income/(Loss) Add (deduct): Income taxes Interest expense ($268) ($422) $194 Cash flows provided by operating activities FY 2022 FY 2021 FY 2019 $136 $166 $562 Deduct: 3 (17) 80 Capital Expenditures 2) 155 150 100 Free Cash Flow 111 95 304 $25 $71 $258 Loss on extinguishment of debt 7 Other (income) expense, net 3) 24 44 (22) Cash distributions from other equity investees 4) 7 53 Depreciation and amortization 238 265 261 Impairment of long-lived assets and 174 21 57 investments (Gain)/Loss on disposal of assets and other (7) 8 12 Restructuring costs (0.5) (1) Non-cash rent expense (11) (3) (4) Total Revenues Share based awards compensation expense 22 29 15 Adjusted EBITDA Adjusted EBITDA $336 $80 $745 Adjusted EBITDA Margin Reconciliation of Adjusted EBITDA Margin 1) $2,455 FY 2022 FY 2021 $1,511 FY 2019 $3,283 337 80 745 13.7% 5.3% 22.7% 3) Includes interest income, foreign currency exchange gain (loss), interest expense - NCM and equity in income (loss) of affiliates and excludes distributions from NCM. 4) Reflects cash distributions received from equity investees that were recorded as a reduction of the respective investment balances. These distributions are reported entirely within the U.S. operating segment. 1) In millions 2) Includes amortization of debt issue costs. 22 22#23Thank You Chanda Brashears SVP Investor Relations [email protected] 972-665-1671 CINEMARK ΤΜ N M A CANENTARK R K