On May 17, 2024, Tiago Lourenço notified National CineMedia, Inc. of his resignation from the Company?s Board of Directors (the ?Board?), effective immediately. Mr. Lourenço?s resignation did not result from any disagreement with NCM, Inc. Mr. Lourenço was designated to the Board by Blantyre Capital Limited (?Blantyre Capital?) in accordance with the Director Designation Agreement (the ?Designation Agreement?), dated August 7, 2023, between the Company, the Consenting Creditor Designation Committee (as defined in the Designation Agreement) and Blantyre Capital. On May 22, 2024, the Board elected Nathan ?Tripp?

Lane as a member of the Board. Mr. Lane was appointed to fill the vacancy created by the resignation of Mr. Lourenço. Mr. Lane was designated by Blantyre Capital in accordance with the Designation Agreement. Mr. Lane is the founder of Delancey Cove LLC, a consulting firm, where he has been an advisor, board member and interim manager for companies undergoing turnarounds and restructurings since 2017.

Mr. Lane has also served as a director for a number of public and private companies since 2019, including as a non-executive director of Card Factory, PLC since 2020. Prior to Delancey Cove, Mr. Lane was an investment professional with BlueMountain Capital Management, LLC, a hedge fund, from 2015 to 2017, and a Principal at Apax Partners, L.P., a global private equity advisory firm, from 2006 to 2015 where he focused on investments in the consumer, retail and media industries. Mr. Lane holds a B.A. from Colgate University, an M.A. from the School of Advanced International Studies (SAIS), Johns Hopkins University, and an M.B.A. from The Wharton School, University of Pennsylvania.

Mr. Lane?s extensive experience serving as an advisor to companies in turnarounds and special situations and his experience investing in media companies qualifies him to serve on the Company?s Board of Directors.