Vista Group acquires 100% of Cinema Intelligence

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Vista Group International Ltd, Shed 12, City Works Depot, 90 Wellesley St West, Auckland, 1010, NZ

MARKET ANNOUNCEMENT

4 December 2020, Vista Group International Ltd., Auckland, New Zealand


Vista Group acquires 100% of Cinema Intelligence

Vista Group International Limited (NZX & ASX:VGL) is pleased to announce that it has acquired the
remaining 50% of Cinema Intelligence from the founder and CEO Claudiu Tanasescu, with the net
consideration met from existing cash reserves. Claudiu will continue to work with Vista Group
following the transaction, assisting with the integration of Cinema Intelligence into Vista Cinema’s
products and driving the development and integration of intelligent algorithms into additional cinema
focused solutions.


Cinema Intelligence empowers cinema exhibitors to make smarter data-driven business decisions
with their Artificial Intelligence powered solution for forecasting, distributor negotiation, automated
scheduling, and business analysis. Cinema Intelligence capabilities have been integrated with more
and more of Vista Cinema’s deals with its large cinema circuit customers, with their increasing need
for a powerful business intelligence tool.

Vista Group Chief Executive, Kimbal Riley commented: “The time is right to bring the business fully
within the Group under Vista Cinema, and integrate its solutions within the overall Vista Cinema
software product suite. Access to advanced forecasting capabilities, allowing exhibitors to optimise
their cinemas operations, is more relevant than ever given the impact of the pandemic on the
industry.”

For further information please contact:
Kimbal Riley
Chief Executive Officer
Vista Group International Ltd
Contact: +64 9 984 4570

Matt Cawte
Chief Financial Officer
Vista Group International Ltd
Contact: +64 9 984 4570