NYSE: LION

•Home Entertainment. The sale or rental of our film productions and acquired or licensed films and certain television programs (including theatrical and direct-to-video releases) on packaged media and through digital media platforms (including pay-per-view and video-on-demand platforms, electronic sell-through, and digital rental). In addition, we have revenue sharing arrangements with certain digital media platforms which generally provide that, in exchange for a nominal or no upfront sales price, we share in the rental or sales revenues generated by the platform on a title-by-title basis.

•Television. The licensing of our theatrical productions and acquired films to the linear pay, basic cable and free television markets. In addition, when a license in our traditional pay television window is made to a subscription video-on-demand or other digital platform, the revenues are included here.

•International. The (i) licensing of our productions, acquired films, our catalog product and libraries of acquired titles to international distributors, on a territory-by-territory basis, and (ii) the direct distribution of our productions, acquired films, and our catalog product and libraries of acquired titles in the United Kingdom.

•Other. Among others, the licensing of our film and television and related content (e.g., games, music, location-based entertainment royalties, etc.) to other ancillary markets.

Television Production: Our Television Production segment includes revenues derived from the following:

•Television. The licensing to domestic markets (linear pay, basic cable, free television and syndication) of scripted and unscripted series, television movies, mini-series and non-fiction programming. Television revenues also include revenue from licenses to subscription video-on-demand platforms in which the initial license of a television series is to a subscription video-on-demand platform. Television revenues include fixed fee arrangements as well as arrangements in which we earn advertising revenue from the exploitation of certain content on television networks.

•International. The licensing and syndication to international markets of scripted and unscripted series, television movies, mini-series and non-fiction programming.

•Home Entertainment. The sale or rental of television production movies or series on packaged media and through digital media platforms.

•Other. Among others, the licensing of our television programs to other ancillary markets, the sales and licensing of music from the television broadcasts of our productions, and from commissions and executive producer fees earned related to talent management.

7

Table of Contents

For the year ended March 31, 2026, contributions to the Company’s consolidated revenues from its reportable segments included Motion Picture, 60.8% and Television Production, 39.2%.

•Within the Motion Picture segment, revenues were generated from the following:

•Theatrical, 10.9%

•Home Entertainment, 44.1%;

•Television, 14.0%;

•International, 28.3%; and

•Other, 2.7%.

•Within the Television Production segment, revenues were generated from the following:

•Television, 49.5%;

•International, 25.1%;

•Home Entertainment, 16.7%; and

•Other, 8.7%.

Corporate Strategy

We manage a large and diversified portfolio of film and television content that we license to theatrical exhibitors, streaming, broadcast, pay cable and other platform partners worldwide, maintaining a disciplined, targeted and cost-effective approach to the acquisition, production, marketing and distribution of that content. We believe that this strategic focus makes us a preferred supplier to third-party buyers. The extension of our deep portfolio of brands and franchises, creation of new intellectual properties and rigorous focus on retaining key rights to our content is designed to create incremental long-term value for our shareholders through a combination of current releases and one of the most valuable film and television libraries in the world.

Motion Picture - Theatrical

Production and Acquisition

We take a disciplined approach to theatrical production, with the goal of producing content that can be distributed through various domestic and international platforms. As part of this strategy, we may seek to mitigate production-related financial risk by:

•Negotiating co-financing development and co-production agreements that provide for cost-sharing with one or more third-parties;

•Pre-licensing international distribution rights on a selective basis, including through international output agreements that license rights to distribute a film in one or more media or one or more specified territories for a limited term and prior to completion of the film;

•Structuring agreements that provide for talent participation in the film’s financial success in exchange for reduced guaranteed “up-front payments” that would otherwise be payable regardless of the film's commercial success; and

•Utilizing production incentives and other programs offered by states and foreign jurisdictions, such as sales tax refunds, transferable or refundable tax credits, direct subsidies or cash rebates, generally calculated based on qualifying expenditures incurred in the particular jurisdiction and in connection with the production.

Our film acquisition strategy complements our theatrical production strategy. In acquiring films, we generally seek to limit our financial exposure while expanding our portfolio of films with titles we believe have strong potential for commercial box office performance, critical recognition and successful monetization across multiple distribution platforms.

Distribution

The economic life of a motion picture generally consists of its exploitation across multiple distribution channels, including theatrical exhibition, packaged media and various digital and television platforms in territories around the world. In the United States, we typically distribute films directly to movie theaters where the exhibitor retains a portion of the gross box office receipts and remits the balance to the distributor. Films are generally released in Canada concurrently with their U.S. release and may also be released in additional foreign territories.

8

Table of Contents

We determine theatrical release schedules based on a variety of factors such as anticipated moviegoer attendance patterns and timing of competing theatrical releases by other studios. Following an initial theatrical release, distributors generally seek to maximize revenues by exploiting films in sequential distribution windows, which may, for certain periods, be exclusive of other non-theatrical distribution platforms. In certain circumstances, our distribution strategy has changed and may continue to change, and certain films initially intended for theatrical release may instead be licensed to other distribution platforms.

The production, marketing and distribution of films can involve significant costs and risks, and may cause our financial results to vary, particularly due to the timing of a film’s release. For instance, marketing costs are generally incurred prior to and throughout a film’s theatrical release and, to a lesser extent, during subsequent distribution windows and are expensed as incurred. As a result, we typically incur losses with respect to a particular film prior to and during the film’s theatrical exhibition, and profitability, if achieved, may not be realized until after its theatrical release window. In addition, we may revise a film’s release date due to changes in production schedule or when such revisions may maximize revenue potential or serve other business objectives. There can be no assurance that any films scheduled for release will be completed on time or within anticipated budget, or that any such films will ultimately be released.

Theatrical Releases

For the fiscal year ended March 31, 2026, we released the following twenty-four (24) films theatrically in the United States across our labels (including films released through our partnership with Roadside Attractions, of which Lionsgate owns a 43% equity interest):

Fiscal 2026

Theatrical Releases - Lionsgate*

TitleRelease Date

Shadow ForceMay 9, 2025

Hurry Up TomorrowMay 16, 2025

BallerinaJune 6, 2025

The Long WalkSeptember 12, 2025

The Strangers – Chapter 2September 26, 2025

Good FortuneOctober 17, 2025

Now You See Me: Now You Don’tNovember 14, 2025

Kill Bill: The Whole Bloody AffairDecember 5, 2025

The HousemaidDecember 19, 2025

Greenland 2: MigrationJanuary 9, 2026

The Strangers – Chapter 3February 6, 2026

I Can Only Imagine 2February 20, 2026

* Does not include releases of 29 day-and-date and multi-platform titles for the fiscal year ended March 31, 2026.

9

Table of Contents

Fiscal 2026

Theatrical Releases - Roadside Attractions

TitleTheatrical Release Date

The SurferMay 2, 2025

The Unholy TrinityJune 13, 2025

The HomeJuly 25, 2025

Strange HarvestAugust 8, 2025

TwinlessSeptember 5, 2025

Kiss of the Spider WomanOctober 10, 2025

AnniversaryOctober 29, 2025

King IvoryNovember 14, 2025

Dust BunnyDecember 12, 2025

H is for HawkJanuary 23, 2026

2026 Oscar Nominated ShortsFebruary 20, 2026

TowMarch 20, 2026

We continue to evaluate alternative release strategies for our films, including releasing films exclusively on, or earlier through, streaming platforms, initial releases on premium video-on-demand or premium electronic sell-through, or by licensing directly to streaming platforms. These approaches allow us to maintain flexibility in distribution and a platform agnostic approach to capitalize on evolving windowing opportunities and alternative distribution strategies (while continuing to work closely with our theatrical exhibition partners).

Nominations and Awards

Lionsgate and affiliated companies (including its wholly-owned subsidiaries, Artisan Pictures, eOne Entertainment, Mandate Pictures and Summit Entertainment, as well as Roadside Attractions) have distributed films that have earned numerous Academy Award®, Golden Globe Awards®, Producers Guild Awards®, Screen Actors Guild Awards®, Directors Guild Awards®, BAFTA Awards and Independent Spirit Awards nominations and wins.

Motion Picture - Home Entertainment

Our home entertainment distribution operation consists of the sale or rental of our film productions and acquired or licensed films and certain television programs through packaged media and digital media platforms. These activities include the exploitation of titles following theatrical release, as well as titles released directly to home entertainment platforms, including titles originally planned for a wide theatrical release that were subsequently released on an accelerated post‑theatrical basis or directly to digital platforms. These releases include films developed and produced in‑house, films co‑developed and co‑produced and films acquired or licensed from third parties.

We exploit a library of more than 20,000 motion picture titles and television episodes and programs, consisting of content produced or distributed by Lionsgate and our subsidiaries, affiliates and joint ventures, as well as titles acquired or licensed from third‑party producers and distributors.

Home entertainment revenue is derived primarily from packaged media sales and rentals and from digital distribution arrangements.

10

Table of Contents

Packaged Media

Packaged media distribution includes the marketing, promotion and sale of DVDs, Blu‑ray and 4K Ultra HD discs to wholesalers and retailers, primarily in the United States and Canada. We distribute packaged media directly to major retailers, including Amazon, which purchase product in significant volume for direct‑to‑consumer sales. Physical distribution and fulfillment services are substantially licensed to Sony Pictures Home Entertainment. In addition, we offer exclusive or limited‑edition offerings through our direct‑to‑consumer platform, Lionsgate Limited.

Digital Media

Digital media distribution includes the sale and rental of our motion picture and television content across a broad range of distribution platforms and networks on an on-demand basis (whereby the viewer controls the timing of playback) through dozens of transactional (transactional video-on-demand and electronic-sell-through), subscription, ad-supported and free video-on-demand platforms. We also directly distribute content on a linear distribution basis (i.e., whereby the programmer controls the timing of playback) through various linear pay, basic cable, and free, over-the-air television platforms worldwide.

We evaluate alternative digital distribution strategies on a title‑by‑title basis and may release certain titles exclusively on digital platforms or on an accelerated post‑theatrical window, including titles initially developed or acquired for wide theatrical distribution, as well as titles not released theatrically or on physical media. Digital releases include films produced or co‑produced by Lionsgate and films acquired or licensed from third parties, including theatrical features, direct‑to‑video titles and certain television programming.

Transactional video‑on‑demand and electronic sell‑through services to which we license our content include, among others, Amazon Prime Video, Apple TV, Comcast Xfinity, Fandango at Home, Google TV, Microsoft Movies & TV and YouTube. Subscription video‑on‑demand services to which we license our content include, among others, Amazon Prime Video, Hulu, HBO Max, Netflix, Peacock and Paramount+. Ad‑supported video‑on‑demand services to which we license our content include, among others, Pluto TV, The Roku Channel, Samsung TV Plus, Tubi TV and YouTube. Linear networks to which we distribute content include, among others, pay television networks such as MGM+, HBO, Showtime and STARZ, and basic cable network groups such as AMC Networks, Disney Media & Entertainment Distribution Networks, NBCUniversal, Versant, Paramount Global Domestic Media Networks and Warner Bros. Discovery Networks, as well as Telemundo and UniMás.

Additionally, we own and operate a portfolio of 52 global multi content and single series free, ad-supported streaming linear channels (also known as FAST channels). The channels consist of both multi-genre programming and single series offerings and are carried by various platforms, including, among others, Samsung, The Roku Channel, LG, Amazon Freevee and Pluto.

Motion Picture - Television

We license our theatrical productions and acquired films to the domestic linear pay, basic cable and free television markets. For additional information regarding such distribution, see Motion Picture - Home Entertainment - Digital Media above.

Motion Picture - International

Our international sales operations are headquartered in London, England. The primary components of our international business are, on a territory-by-territory basis through third parties or directly through our international divisions:

•The licensing of rights in all media of our in-house product and third-party acquisitions;

•The licensing of third-party feature films on an agency basis; and

•Direct distribution of theatrical and/or ancillary rights licensing.

Except in territories where we self distribute, we license rights in all media on a territory-by-territory basis for (i) our in-house feature film product, and (ii) films produced by third parties such as Ace Entertainment, Fifth Season, Asbury Park Pictures and Dark Castle.

11

Table of Contents

Films licensed and/or released by us internationally in fiscal 2026 included such in-house productions as The Long Walk, Good Fortune, Now You See Me: Now You Don’t, Michael, Day Drinker, Caine, Karoshi and The Housemaid, as well as films produced by third parties such as The Resurrection of the Christ, A Head Full of Ghosts, Above The Below, Anniversary, I Can Only Imagine 2, The Strangers: Chapter 3 and Last Resort. Third-party films for which we were engaged as exclusive sales agent and/or released by us internationally in fiscal 2026 included Orphan 3 and Rich Flu.

Through territory-by-territory sales arrangements, we generally seek to cover a substantial portion of the production budget or acquisition cost of new theatrical releases which we license and distribute internationally. We also maintain an output arrangement in France on certain pictures covering all rights and all media, including home entertainment and television rights, and distribute theatrical titles in Latin America through International Distribution Company, as well as theatrical rights in Canada through Cineplex.

We also self-distribute motion pictures in the United Kingdom and Ireland through our subsidiary, Lions Gate International (UK) Limited (“Lionsgate UK”). For the fiscal year ended March 31, 2026, Lionsgate UK released the following theatrical titles:

Fiscal 2026

Lionsgate UK

TitleRelease Date

The Penguin LessonsApril 11, 2025

Hurry Up TomorrowMay 16, 2025

BallerinaJune 6, 2025

Supersonic (re-release)June 13, 2025

TornadoJune 13, 2025

The Long WalkSeptember 12, 2025

The Strangers: Chapter 2September 26, 2025

Good FortuneOctober 17, 2025

Now you See Me: Now You Don’tNovember 14, 2025

Kill Bill: The Whole Bloody AffairDecember 5, 2025

The HousemaidDecember 26, 2025

H is for HawkJanuary 23, 2026

The Strangers: Chapter 3February 6, 2026

WastemanFebruary 20, 2026

Other

Global Products and Experiences

Our Global Products and Experiences division drives incremental revenue and builds consumer engagement across our entire portfolio of properties via live shows and experiences, location-based entertainment destinations, games, physical and digital merchandise, and select strategic partnerships and investments.

12

Table of Contents

Within the division, our Global Live Entertainment business focuses on licensing, developing, and producing live stage shows, concerts, and live immersive experiences and events based on our theatrical and television content. We have announced multiple live entertainment projects, including Dirty Dancing, Silver Linings Playbook and La La Land for Broadway, as well as a live dance show inspired by our Step-Up film franchise. The Hunger Games: On Stage, Wonder The Musical and Now You See Me Live all opened in 2025. Several live to film concerts tour globally, including Dirty Dancing, La La Land and Twilight.

Our Interactive Entertainment business focuses on a slate that includes games across PC/console, mobile, arcade and more, both through stand-alone games based solely on our content and the integration of our properties with marquee games such as Call of Duty, Dead By Daylight, Fortnite and Roblox. Stand-alone game titles include Blair Witch, Power Rangers: Battle for the Grid, Power Rangers: Legacy Wars and RetroRealms: Ash vs Evil Dead. A John Wick AAA video game and arcade cabinet are currently in development.

Our Location Based Entertainment business licenses and produces our Lionsgate, theatrical, and television brands for theme parks, destinations, and stand-alone attractions and experiences. Attractions based on The Hunger Games, John Wick, Now You See Me, SAW and other intellectual property can be found at theme parks and destinations in the United States, United Kingdom, and the Middle East. The award-winning John Wick Experience recently celebrated its one-year anniversary and is our newest standalone attraction in Las Vegas, along with The Official Saw Escape and Escape Blair Witch. We have also partnered with Six Flags to open haunted houses themed to several Lionsgate horror properties across multiple Six Flags theme parks during the Halloween season.

Our Consumer Products business licenses and develops products around our leading film and television properties, including John Wick, The Hunger Games, Twilight, Dirty Dancing and SAW. Our merchandise is available on Instagram, Facebook, TikTok, the Lionsgate Shop, our official e-commerce shop, and at many well-known retail outlets such as Hot Topic, Walmart and Target. We are developing new offerings across a broad range of categories with best-in-class licensees, including Crocs, LEGO, American Classics, Ripple Junction, Goodie Two-Sleeves, Hot Toys, Funko, ColourPop and more.

Music

We manage music across our theatrical and television slates, including overseeing songs, scores and soundtracks for our theatrical productions, co-productions and acquisitions, as well as music staffing, scores and soundtracks for all our television productions. Music revenues are generated through the sale and licensing of music from our films, television, and other productions, as well as from the theatrical exhibition of our films and the broadcast and streaming of our content.

Ancillary Revenues

Ancillary revenues are generated from the licensing of film and television content for exhibition at non-theatrical venues including educational and institutional facilities, U.S. military bases, oil rigs, hospitals, hotels and correctional facilities, as well as across common carrier transportation such as airlines and ships.

Television Production

Our television business includes the development, production, syndication and distribution of television programming. We principally generate revenue from the licensing and distribution of such programming to broadcast television networks, pay and basic cable networks, digital platforms and syndicators of first-run programming, which license programs on a station-by-station basis and pay in cash or via barter arrangements (i.e., trade of programming for airtime). These platforms may acquire a mix of original and library programming.

Following initial exhibition, we distribute programming to subsequent domestic and international buyers, including basic cable networks, premium subscription services and digital platforms (commonly referred to as “off-network syndicated programming”). Off-network syndicated programming can be sold in successive cycles on either an exclusive or non-exclusive basis. In addition, television programming is sold on home entertainment (packaged media and digital delivery) and across all other applicable ancillary revenue streams including music publishing, touring and integration.

Consistent with our film production practices, we utilize tax credits, subsidies and other incentive programs to enhance returns and maintain financially disciplined production models for our television content.

Lionsgate Television

We currently produce, syndicate and distribute more than 75 television shows on more than 40 networks.

13

Table of Contents

For the fiscal year ended March 31, 2026, scripted and unscripted programming produced, co-produced or distributed by us and our affiliated entities, as well as programming syndicated by our wholly-owned subsidiary, Debmar-Mercury, included the following:

Fiscal 2026

Scripted – Lionsgate

Title
Network

Ghosts CBS

Hal & Harper Mubi

Power: Kanan Starz

P-Valley Starz

Robin Hood MGM+

Spartacus: House of Ashur Starz

The Rainmaker USA

The Rookie ABC

Fiscal 2026

Scripted – Lionsgate Canada*

TitleNetwork

Mistletoe MurdersHallmark / Corus

Private Eyes: West Coast Corus

Trailer Trash Cash Amazon

The RookieABC

YellowjacketsShowtime

Fiscal 2026

Unscripted - Lionsgate Alternative Television**

Title

Network

50 Ways to Catch a Killer Fox Nation

A Farmhouse Through Time Channel 5

American Suicide: The Ellen Greenberg StoryABC / Hulu

Animal Care Club Channel 5

At Home With The GreensChannel 5

Becky G Netflix

14

Table of Contents

Ben Fogle: Inside The Factory Channel 5

Breaking Bread with Tony Shalhoub CNN

Buried In The Backyard Oxygen

Celebrity Ex on the Beach Paramount+

Christmas At The CastleChannel 5

Dancing with Sharks Discovery

Derbez Family Vacation Amazon / Vix

Fletchers' Country Workshop ITV

Fletchers' Family Farm ITV

Fletchers' Family Farm At Christmas ITV

Here Comes the Pain Investigation Discovery

Jools: Walking To New Orleans BBC

Las Culturistas: The Culture Awards Bravo / Peacock

Love Nature C5 Milkshake

Maxxed Out OWN

Murder Tapes Investigation Discovery

My Big Fat Fab Life TLC

Naked and Afraid Discovery

Naked and Afraid: Last One Standing Discovery

Naked and Afraid: XL Discovery

Our Great Yorkshire Life Channel 5

Selling Sunset Netflix

Selling the OC Netflix

Springtime On The Farm Channel 5

The Child Files Discovery

The Dress That Made A Princess Channel 5

The Saints Fox Nation

The SeatThrill One

15

Table of Contents

The Ultimate Fighter ESPN

The Yorkshire Vet Channel 5

The Yorkshire Vet In India Channel 5

The Yorkshire Vet: 10 Years and Counting Channel 5

Today At The Great Yorkshire Show Channel 5

Trivial Pursuit & Scrabble CW

UFC BJJ: Road To The TitleFight Pass / YouTube

Winter And Christmas On The Farm Channel 5

Yorkshire Great and Small Channel 5

Zombie House Flipping A&E

Fiscal 2026

Syndication - Debmar-Mercury

Title

Anger Management

Are We There Yet

Family Feud

The Conners

Family Feud Favorites

People Puzzler

Sherri

Caught In Providence Clip Show

* Formerly eOne Canada.

** Lionsgate Alternative Television includes programming produced by our wholly-owned subsidiaries, Pilgrim Media Group and eOne’s U.S. and U.K. non-scripted group, Blackfin, Renegade and Daisybeck Studios.

Television Production - International

We license, sell and distribute original Lionsgate television series (including Lionsgate UK television programming), third party television programming and format acquisitions to international markets via packaged media and various digital platforms. For the fiscal year ended March 31, 2026, Lionsgate UK television programming that was acquired, began production, was produced or was broadcast, included the following:

16

Table of Contents

Fiscal 2026

Television - Lionsgate UK

TitleNetworkPartner(s)

Son of A Critch 4CBC & CWProject 10

AmandalandBBCMerman Television Limited

Television Production - Home Entertainment

For information regarding Television Production Home Entertainment revenue, see Motion Picture — Home Entertainment above.

Other

Other revenues are derived from, among others, the licensing of our television programs to other ancillary distributors, the sales and licensing of music from the television broadcasts of our productions, and from our interest in 3 Arts Entertainment, a talent management company. 3 Arts Entertainment is one of the world's leading talent management and production companies, representing an A-list client roster of directors, writers, showrunners and actors, producing long-running hit series (such as The Office, Parks & Recreation, Brooklyn Nine-Nine and It’s Always Sunny in Philadelphia) and partnering with Lionsgate on a slate of premium scripted series (such as The Studio and Hunting Wives). 3 Arts Entertainment receives commission revenue from talent representation and are producers on a number of television shows and films where they receive an executive producer fee and back-end participations.

Joint Ventures, Partnerships and Ownership Interests

Our joint ventures, partnerships and ownership interests support our position as a multiplatform global entertainment company. We actively evaluate our portfolio of properties, content libraries and other assets to assess competitive impact, alignment with our strategic objectives, capital efficiency and long-term value creation. As part of this ongoing review, we may engage in discussions with third parties regarding the potential acquisition or divestiture of specific assets or businesses. Accordingly, from time to time, we may elect to divest certain properties, libraries, or businesses, or pursue new joint ventures, strategic partnerships, or similar transactions involving individual components of our portfolio. For additional information regarding our equity method investees and redeemable noncontrolling interests, please refer to Note 6 and Note 12 to our consolidated financial statements.

Intellectual Property

We own, use and license a number of trademarks, service marks, copyrights, domain names and other intellectual property in connection with our businesses, and hold registrations and applications for such rights in the United States and internationally. We believe that the ownership of, and the right to use, our intellectual property is an important element in our businesses and that our success depends, in part, on the protection and enforcement of these rights.

The unauthorized copying, distribution and exploitation of motion picture and television content remains prevalent in various regions worldwide and has been amplified by technological advances and the digital distribution of high‑quality content. Piracy, whether through physical media or digital platforms, has had and may continue to have an adverse effect on our business. Our ability to protect and enforce our intellectual property rights is subject to inherent risks, and we may from time to time be involved in disputes regarding intellectual property rights and related contractual obligations. We cannot assure success in intellectual property disputes that may arise. Risks related to the protection of intellectual property are discussed further under “Part II, Item 1A. Risk Factors” in this Annual Report.

Competitive Conditions

Our businesses operate in highly competitive markets. We compete with other entertainment and media companies, as well as with alternative forms of leisure entertainment, including travel, sporting events, outdoor recreation and various cultural activities. We face competition from major studios, numerous independent film and television production companies, television networks, pay television services and digital media platforms for the acquisition of literary, film and television properties, the services of artists, directors, producers and other creative and technical personnel, and production financing, all of which are critical to the success of our businesses.

17

Table of Contents

In addition, our motion pictures compete for audience acceptance and exhibition outlets with films produced and distributed by other companies, while our television product competes with content distributed by both independent producers and major studios. As a result, the success of our motion picture and television businesses depend not only on the quality and acceptance of a particular film or program, but also on the quantity, quality and timing of competing content released into the marketplace, as well as our ability to license and produce content for networks and platforms at levels sufficient to generate satisfactory viewership and subscriber demand.

Environmental, Social and Governance

We recognize that social responsibility and human capital matters are essential to our long-term success and organizational well-being and are committed to fostering a positive corporate culture that emphasizes integrity, opportunity, and employee engagement. With leadership setting the tone from the top, we prioritize talent acquisition and retention, support professional growth, and promote a workplace where individuals feel valued and empowered.

Employees

As of May 21, 2026, we had 916 full-time employees in our worldwide operations. We also utilize many consultants in the ordinary course of our business and hire additional employees on a project-by-project basis in connection with the production of our motion pictures and television programming.

Human Capital Strategy

We are dedicated to pursuing and retaining a broad range of talent and perspectives across all aspects of our business and community, to empower all people, regardless of their personal characteristics protected by applicable law. We maintain the following recruitment and hiring initiatives:

•Internship programs designed to broaden the talent pipeline across the entertainment industry.

•Fair hiring practices ensure that we attract the best talent in the industry through an equal and accessible approach. Key components of the framework include free job descriptions, hiring training, qualified candidate slates and cross-functional interview panels.

•Supplier program designed to expand and strengthen relationships with a broad range of innovative, high-quality, and cost-effective suppliers and enhancing the competitiveness of our procurement activities.

Employee Resource Groups

We provide our employees with an array of Employee Resource Groups (“ERGs”) which offer them the chance to establish a greater presence at Lionsgate and an opportunity to develop leadership skills, build professional networks and engage across the Company’s various business units and levels. The ERGs are voluntary, employee-led groups, that are open to all employees regardless of background. Our ERGs focus on a variety of topics, including professional development, mentorship, community engagement and shared interests, and are designed to support employee connection and career growth.

Community Involvement

We are committed to responsible corporate citizenship and making a meaningful difference in both the local and global communities through Lionshares, our employee volunteer program that seeks to provide opportunities for employees to partner with a diverse range of charitable organizations. Lionshares provides opportunities for employees to engage with a wide range of charitable organizations, fostering connection and service.

Employee Experience and Organization Health

We provide a comprehensive benefits program designed to support employee health, well-being and family needs, including medical and dental coverage, mental health resources, and assistance for caregiving and parental support. We invest in the growth of our employees through learning and development programs, mentorship opportunities, and leadership training designed to support career advancement and personal fulfillment. We conduct an annual employee engagement survey through an independent third party to gain meaningful insights into workplace sentiment and areas for improvement. We provide annual employee training on anti-harassment, IT security, and the Foreign Corrupt Practices Act, with additional targeted programs for managers to support effective leadership and reinforce company standards.

18

Table of Contents

Corporate History

We are a corporation organized under the laws of the Province of British Columbia as Lionsgate Studios Holding Corp. on January 10, 2024, and renamed Lionsgate Studios Corp. on May 6, 2025 in connection with the Starz Separation (as defined and discussed in Note 1 to our consolidated financial statements).

Available Information

Our Annual Report on Form 10-K, Quarterly Reports on Form 10-Q, Current Reports on Form 8-K, proxy statements and amendments to those reports filed or furnished pursuant to Sections 13(a) and 15(d) of the Exchange Act, are available, free of charge, on our website at investors.lionsgate.com as soon as reasonably practicable after we electronically file such material with, or furnish it to, the Securities and Exchange Commission (the “SEC”). The Company's Disclosure Policy, Corporate Governance Guidelines, Standards for Director Independence, Code of Business Conduct and Ethics, Policy on Shareholder Communications, Related Person Transaction Policy, Insider Trading Policy and Compliance Program, Policy Regarding the Recoupment of Certain Compensation Payments, Charter of the Audit & Risk Committee, Charter of the Compensation Committee, Charter of the Nominating and Corporate Governance Committee and Charter of the Transaction Committee and any amendments thereto, are also available on the Company's website, as well as in print to any shareholder who requests them. The information posted on our website is not incorporated into this Annual Report.

The SEC maintains an internet site that contains reports, proxy and information statements and other information regarding issuers that file electronically with the SEC at www.sec.gov.

19

Table of Contents