From: Brad Wechsler

From: Brad Wechsler To: [email protected] <[email protected]> Subject: AP Investco Date: Fri, 15 May 2015 20:11:01 +0000 Regarding the new LLC we'll set up next week for trading securities, among other things(?), leon and I originally discussed structuring my carried interest so as to be able to get cap gains treatment. Any structuring observations or shld I do this thru my accnt and lawyer. (They have already noted the nyc sub s issue.) www.imax.com IMAX® is a registered trademark of IMAX Corporation. IMPORTANT NOTICE******************************** Information contained in this e-mail correspondence and any attachments is confidential information intended only for the use of the individual or entity named above. Any reader of this message who is not the intended recipient of this correspondence is hereby notified that any dissemination, distribution, copying or communication of the contents of this correspondence is strictly prohibited. If this e-mail was not addressed to you , please immediately notify us by phone in Canada at (905) 403-6500 (collect calls will be accepted) or by email at [email protected] and delete and destroy this correspondence inadvertently sent to you. Thank you EFTA00703104