Mandatory Conversion | LIONSGATE STUDIOS CORP | 7th May 2025

On February 24, 2025, LIONS GATE ENTERTAINMENT CORP (LGEC), LIONSGATE STUDIOS CORP, LIONSGATE STUDIOS HOLDING CORP (new LIONSGATE) and LG SIRIUS HOLDINGS ULC jointly announced that they have entered into an arrangement agreement. Following the completion of the arrangement, there will be two surviving entities: LIONS GATE ENTERTAINMENT CORP (LGEC) will be renamed STARZ ENTERTAINMENT CORP (NASDAQ: STRZ); LIONSGATE STUDIOS HOLDING CORP (new LIONSGATE) will be renamed LIONSGATE STUDIOS CORP (NYSE: LION). On April 23, 2025, LIONSGATE STUDIOS CORP held its General Meeting of shareholders and approved the Arrangement. The completion date is expected on May 6, 2025. In connection with the completion of the Transactions, LIONSGATE STUDIOS CORP (LION.OQ) shareholders will receive, in exchange for each LION.OQ share held, approximately 0.9897 shares of New LIONSGATE STUDIOS HOLDING CORP (new LIONSGATE). New LIONSGATE STUDIOS HOLDING CORP will then change its name to LIONSGATE STUDIOS CORP (LION.N), and is expected to begin trading on the NYSE effective May 6, 2025. In the absence of an active market, the last close price will reflect the Deal Terms of the transaction. Please refer to the informative notice (“INFORMATIVE NOTICE – LIONSGATE STUDIOS CORP MERGER | LION.OQ”) sent on April 29, 2025, for additional details.

The treatment below will be applied to the following indices:

• LIONSGATE STUDIOS CORP will be removed from the Index.
• The shares of LIONSGATE STUDIOS CORP (LIONSpinCo.N) will be increased according to the stock terms of the transaction.
• Effective Date (open): 07/05/2025

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