AMC Investor Day Presentation Deck

5 Continued Recliner Reseat Enhancements Recliners drive traffic & premium pricing, with an average ROI of >25% in U.S. and >50% internationally U.S. recliner upgrades are nearing saturation; however, long runway remains in Europe Global Renovation ROI Statistics (1) LTM Pre-Renovation vs. Year 1 Post-Renovation amc Change in Operating Cash Flow (2) 25%+ 100%+ >25% average ROI in U.S. markets and >50% internationally after accounting for upfront capex requirement Pre-Renovation Theatres Change in Attendance Experiential Enhancements Worldwide Recliner Progress Update Estimated Current Penetration of Opportunity (% of Screens) U.S. Markets (3) International ~75% ~15% Renovated Theatres Premium Luxury Leather Seats | Power Recliners | Additional Legroom "We LOVE this theater for so many reasons. It was redone a few years ago to be fitted with plush, red leather reclining chairs that can't be beat." (1) Based on average improvement of recliner upgrades from 2011-2018 (2) Represents theatre-level operating cash flow, which is defined as Total Revenue less Film Exhibition Cost less F&B Cost less Operating Expenses less Cash Rent (3) Excludes AMC Classic theatres 45

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