Cinemark Media redeems 41.97M common membership units for NCM Inc. common stock

National CineMedia, Inc.

Cinemark Media, Inc. redeemed 41,969,862 common membership units on February 23, 2023.
NCM Inc. issued an equal number of new common shares to NCM LLC in exchange for the surrendered units.
Shares were issued in reliance on Section 4(a)(2) exemption from registration.
Redemption right is provided under NCM Inc.'s certificate of incorporation and NCM LLC's operating agreement.
The redemption was effective February 23, 2023, with notice received February 17, 2023.

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