Group 1 - The Supreme Court of British Columbia has approved the full separation of Lions Gate Entertainment Corp.'s Studio and STARZ businesses into two independent, publicly-traded companies, effective May 6, 2025 [1] - Lionsgate is expected to begin trading on the New York Stock Exchange under the ticker symbol LION on May 7, 2025 [1] Group 2 - Lionsgate Studios (Nasdaq: LION) is recognized as one of the world's leading standalone, pure play, publicly-traded content companies, encompassing diversified motion picture and television production and distribution businesses [2] - The company boasts a portfolio of valuable brands and franchises, a talent management and production powerhouse, and a library of over 20,000 titles in film and television [2] Group 3 - Lionsgate (NYSE: LGF.A, LGF.B) owns approximately 87% of the outstanding shares of Lionsgate Studios Corp. (Nasdaq: LION) and the premium subscription platform STARZ [3]

Core Viewpoint - Lionsgate and Lionsgate Studios are seeking shareholder approval for the separation of Lionsgate Studios' motion picture and television operations from Lionsgate's other businesses, including the STARZ subscription platforms [2][3]. Group 1: Shareholder Meetings - The annual general and special meetings for Lionsgate and Lionsgate Studios will take place on April 23, 2025 [3]. - Shareholders of record as of March 12, 2025, are entitled to vote at the meetings [3]. - The board of directors recommends that shareholders vote "FOR" each of the proposals presented [3]. Group 2: Proxy Materials - Revised proxy materials are available on the SEC's website [1]. - A supplement to the joint proxy statement/prospectus was filed on March 14, 2025, in connection with the meetings [4]. Group 3: Company Information - Lionsgate owns approximately 87% of the outstanding shares of Lionsgate Studios, which is a leading standalone content company with a diverse portfolio [12][13].