on Form 10-K of Lionsgate filed with the Securities and Exchange Commission on May 30, 2024 (the Lionsgate Form 10-K) and the current report on Form 8-K of Lionsgate Studios filed with the Securities and Exchange Commission on
May 14, 2024 in connection with the consummation of the Business Combination (the Studios Form 8-K) including those under Risk Factors in the Lionsgate Form 10-K and Studios Form 8-K, and in the other periodic reports and other filings of Lionsgate and Lionsgate Studios with the
Securities and Exchange Commission.
ADDITIONAL INFORMATION AND WHERE TO FIND IT
This communication relates to the proposed transaction involving Lionsgate and Lionsgate Studios. In connection with the proposed transaction, Lionsgate will
file relevant materials with the SEC, including Lionsgates proxy statement on Schedule 14A (the Proxy Statement). This communication is not a substitute for the Proxy Statement or for any other document that Lionsgate may file with
the SEC and send to its shareholders in connection with the proposed transaction. The proposed transaction will be submitted to Lionsgates shareholders for their consideration. BEFORE MAKING ANY VOTING DECISION, LIONSGATES SHAREHOLDERS
ARE URGED TO READ ALL RELEVANT DOCUMENTS FILED OR TO BE FILED WITH THE SEC, INCLUDING THE PROXY STATEMENT, AS WELL AS ANY AMENDMENTS OR SUPPLEMENTS TO THOSE DOCUMENTS, WHEN THEY BECOME AVAILABLE BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION ABOUT
THE PROPOSED TRANSACTION.
Lionsgates shareholders will be able to obtain a free copy of the Proxy Statement, as well as other filings containing
information about Lionsgate, without charge, at the SECs website (www.sec.gov).
PARTICIPANTS IN THE SOLICITATION
Lionsgate, LG Studios and certain of their directors, executive officers and employees may be deemed to be participants in the solicitation of proxies in
respect of the proposed Separation. Information regarding such directors and executive officers is available in Lionsgates proxy statement for the 2023 annual meeting of stockholders, which was filed with the SEC on
October 10, 2023 (the Annual Meeting Proxy Statement). Please refer to the sections
captioned Compensation Discussion and Analysis, Executive Compensation Information, Equity Compensation Plan Information, Director Compensation, Certain Relationships and Related
Transactions, Directors, Executive Officer and Corporate Governance - Investor Rights Agreement, and Security Ownership of Management in the Annual Meeting Proxy Statement. To the extent holdings of such participants in
Lionsgates securities have changed since the amounts described in the Annual Meeting Proxy Statement, such changes have been reflected on Initial Statements of Beneficial Ownership on Form 3 or Statements of Change in Ownership on Form 4 filed
with the SEC, including: Form 4, filed by Gordon Crawford on November 30, 2023; Form 4, filed by Harry Sloan on November 30, 2023; Form 4, filed by Yvette Ostolaza on November 30, 2023; Form 4, filed by Hardwick Simmons on November 30, 2023; Form 4, filed by Daryl Simm on November 30, 2023; Form 4, filed by John D. Harkey, Jr. on November 30, 2023; Form 4, filed by Susan McCaw on November 30, 2023; Form 4, filed by Mignon Clyburn on November 30, 2023; Form 4, filed by Emily Fine on November 30, 2023; Form 4, filed by Mark H. Rachesky, M.D. on November 30, 2023; Form 4, filed by Jon Feltheimer on March 11, 2024; Form 4, filed by Bruce Tobey on March 28, 2024; Form 4, filed by Bruce Tobey on March 29, 2024; Form 4, filed by John D. Harkey, Jr. on April 3, 2024; Form 4, filed by Michael Burns on May 16, 2024; Form 4, filed by James W. Barge on May 22, 2024; Form 4, filed by Jon Feltheimer on May 22, 2024; Form 4, filed by Brian Goldsmith on May 22, 2024; Form 4, filed by Bruce Tobey on July 5, 2024; Form 4, filed by Brian Goldsmith on July 5, 2024; Form 4, filed by Michael Burns on July 5, 2024; Form 4, filed by James W. Barge on July 5, 2024; Form 4, filed by Jon Feltheimer on July 5, 2024; Form 4, filed by Bruce Tobey on July 8, 2024; Form 4, filed by Bruce Tobey on July 17, 2024; Form 4, filed by James W. Barge on July 17, 2024; Form 4, filed by Michael