National CineMedia (NCMI) Registration Filing summary

Company overview and business model

• Operates the largest cinema advertising platform in the U.S., connecting brands to young, diverse audiences through movie theaters and digital channels.

• Generates revenue from national, regional, and local advertising, digital products, and out-of-home venues.

• Holds exclusive long-term exhibitor service agreements with major theater chains, covering over 17,500 screens in 1,350+ theaters across 184 DMAs.

• Emerged from Chapter 11 bankruptcy in August 2023, restructuring secured debt and issuing new equity to creditors.

Financial performance and metrics

• Incorporated by reference are audited financials for the year ended December 26, 2024, and quarterly reports for Q1 and Q2 2025.

• As of July 31, 2025, 93,710,120 shares of common stock were outstanding.

Use of proceeds and capital allocation

• Net proceeds from the primary offering will be used for working capital and general corporate purposes.

• May use proceeds to purchase NCM LLC membership units, with NCM LLC having broad discretion over their use.

• Will not receive proceeds from the sale of shares by the selling stockholder.