IMAX CORP FILES (8-K) Disclosing Change in Directors or Principal Officers

Item 5.02 Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On February 22, 2023, the Board of Directors of IMAX Corporation (the "Company")
appointed Elizabeth Gitajn, age 57, as the Company's principal accounting
officer effective March 6, 2023 (the "Effective Date"). Ms. Gitajn will join the
Company as Senior Vice President, Finance & Controller of the Company on the
Effective Date.

Prior to joining the Company, Ms. Gitajn was Vice President, Risk Management for
Hudbay Minerals Inc. from 2015 to 2023, where she created and oversaw its
enterprise risk management program, led the global insurance program, and built
and managed the internal audit and Sarbanes Oxley programs. From 2012 to 2015, Ms. Gitajn served as Corporate Controller at IAMGOLD Corporation, which entailed
publicly reporting financial results, corporate accounting, accounting policy,
and global financial systems, processes, and controls. From 2007 to 2012, Ms. Gitajn held various management positions within Barrick Gold Corporation in
the areas of risk management and financial reporting and planning. Previous to
that, Ms. Gitajn spent 14 years in public accounting, nine of which was with
Arthur Anderson LLP and five years with a large local accounting firm where she
held the position of Audit Partner. Ms. Gitajn is a Certified Public Accountant
(New Mexico), Certified Treasury Professional, Project Management Professional,
Certified Internal Auditor, Certified Information Systems Auditor, and holds a
B.A. in accounting and business information systems from the University of New
Mexico Anderson School of Management.

There are no arrangements or understandings between Ms. Gitajn and any other
persons pursuant to which she was selected as the Company's Senior Vice
President, Finance & Controller. There are no family relationships between Ms. Gitajn and any director or executive officer of the Company, and there are
no related party transactions between the Company and Ms. Gitajn that would
require disclosure under Item 404(a) of Regulation S-K under the Securities
Exchange Act of 1934, as amended.

In connection with her employment at the Company, Ms. Gitajn's initial base
salary will be CAD$285,000, and she will be eligible for a target annual cash
bonus of 30% of her base salary and a target annual equity award of USD$150,000
in the form of equity vehicles and subject to vesting schedules consistent with
those provided to similarly-situated executives at the time of grant, in each
case subject to the terms and conditions of the Company's Second and Restated
Long-Term Incentive Plan. In addition, upon her joining the Company, Ms. Gitajn will receive a one-time equity award in the form of restricted share units with
an aggregate grant date fair market value of USD$100,000, which will vest in
three equal installments on the first three anniversaries of the grant date. Ms. Gitajn will also be eligible for benefits that are offered generally to
Company employees at her level, including an annual vehicle allowance and annual
wellness allowance.

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