Leading Independent Proxy Advisory Firm Glass Lewis Recommends IMAX China Shareholders Vote “FOR” the Privatization Transaction with IMAX Corporation

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Glass Lewis and ISS Now Both Recommend Support For the Privatization Transaction with IMAX NEW YORK, Oct. 2, 2023 /PRNewswire/ — IMAX Corporation (NYSE: IMAX) today announced that leading proxy advisory firm Glass, Lewis & Co. (“Glass Lewis”) has recommended that shareholders of IMAX China (HKSE:1970), a Hong Kong-listed subsidiary established by IMAX Corporation to oversee its business in Greater China, vote “FOR” the Company’s previously announced privatization transaction with IMAX. Previously, leading proxy advisory firm Institutional Shareholder Services Inc. (“ISS”) also recommended in favor of the privatization transaction. In making its recommendation, Glass Lewis stated in its September 22,...