Vista delivers big screen result

[Auckland, NZ, 1 March 2022]: Vista Group International (NZX & ASX: VGL) announces its 2021 Full Year result today, reporting strong moviegoer attendance globally, commercialisation of Vista Cloud and stronger competitive position. Highlights o Achieved 2H21 revenue, EBITDA1 and cash guidance o Strong box office off the back of Spider-Man: No Way Home, North American Domestic market >US$2b 4Q21 o Stabilised market conditions, cinemas largely open and blockbuster movies released on schedule o First Vista Cloud customer live and delighted o Retriever purchase cash and profit positive, supports long term competitive position Key Financial Highlights o Revenue of $98.1m (up 12% on 2020) within guidance range o Recurring revenue1 of $81.4m (up 24% on 2020) o EBITDA1 profit of $6.5m, improvement of $17.9m on 2020 o Positive 2H21 EBITDA1 excluding expected credit loss and foreign exchange of $1.3m o Positive operating cashflow of $11.3m, up 277% on 2020 o Cash of $60.4m, up $2.3m from 30 June 2021. Net cash2 of $43.6m Key Operational Highlights o Maintains 51% market share of the 20+ screens segment excluding China o Good progress with Vista Cloud and Vista Digital - improved opportunities for growth o Expansion and retention of talent is a key focus for 2022 o New customers in Vista Cinema, Veezi, Mica. Vista Cinema expands Odeon footprint. Please refer to the following documents that accompany this announcement for full details of the result. o 2021 Annual Report o 2021 Full Year Result Investor Presentation o 2021 Full Year Result Media Announcement o 2021 Full Year NZX Results Announcement Matt Cawte Chief Financial Officer Vista Group International Limited Contact: +64 9 984 4570 1 See sections 2.1 and 2.2 of the Financial Statements in the 2021 Annual Report for the definition and reconciliation of recurring revenue and EBITDA. 2 Net Cash is total cash less total borrowings. End CA:00388115 For:VGL Type:ANNREP Time:2022-03-01 08:30:54