READING INTERNATIONAL INC

Reading International, Inc. (Nasdaq-CM: RDI and RDIB) operates as an internationally diversified entertainment and real estate company with a 186-year history rooted in the Reading Railroad. The company maintains its corporate headquarters and website at www.ReadingRDI.com, where it provides investor relations materials and corporate governance information.

The company operates through two primary business segments: Cinema Exhibition and Real Estate. The Cinema Exhibition segment comprises 58 cinemas with 469 screens across the United States, Australia, and New Zealand, generating approximately 58 percent of cinema revenue from box office receipts and 34 percent from food and beverage sales. Reading operates its cinema portfolio under three distinguished brands: Reading Cinemas, Consolidated Theatres, and Angelika Film Centers. The company holds the sole worldwide trademark and trade dress for the Angelika brand for motion picture and entertainment purposes. As of December 31, 2025, 202 auditoriums feature luxury recliner seating and 34 auditoriums include large-format screens such as IMAX, TITAN LUXE, or TITAN XC.

The Real Estate segment encompasses approximately 9.1 million square feet of land and 429,000 square feet of net rentable area, including two Entertainment Themed Centers in Australia, the historic 44 Union Square property in Manhattan with Petco as a major tenant, two off-Broadway live theatres in New York operated under the Liberty Theatres brand, and significant Philadelphia properties including the Reading Viaduct. The company has strategically monetized real estate assets, generating $197.5 million in net cash between 2021 and 2025 to reduce debt and support operations.

Reading maintains a geographically diversified asset base with approximately 56 percent of assets in the United States, 38 percent in Australia, and 6 percent in New Zealand. The company employs approximately 2,025 employees worldwide, predominantly part-time and casual cinema workers. For 2025, gross revenues totaled $203.1 million, with the United States representing 52 percent, Australia 42 percent, and New Zealand 6 percent of total revenues. The company's hybrid business model integrates cinema exhibition with real estate development to create long-term stockholder value while maintaining financial flexibility through its diversified hard asset base.