FBYD

Company Reports Consolidated Revenue of $5.6 Million for Q2 Company's Unconsolidated Subsidiary, Falcon's Creative Group, generated Q2 revenue of $12.5 Million Company's Unconsolidated Joint Venture, Producciones de Parques, generated Q2 revenue of $6.5 Million ORLANDO, Fla., August 13, 2026--(BUSINESS WIRE)--Falcon’s Beyond Global, Inc. (Nasdaq: FBYD) ("Falcon’s Beyond", "Falcon’s" or the "Company"), a visionary entertainment and technology enterprise through its three complementary business divisions Falcon’s Creative Group ("FCG"), Falcon’s Beyond Brands ("FBB"), and Falcon’s Beyond Destinations ("FBD") reported financial results for the second quarter 2026. Second Quarter 2026 Highlights Revenue Falcon's generated consolidated revenue of $5.6 million for the three months ended June 30, 2026, more than doubled compared to the prior period. Revenue for the quarter consisted of attraction services and product sales, management fees earned from Producciones de Parques, S.L. ("PDP"), the Company's 50:50 joint venture with Meliá Hotels International, and corporate and shared services fees earned from Falcon's Creative Group. Falcon's Attractions, established in mid-2025 with the acquisition of the assets of Oceaneering Entertainment Systems ("OES"), ended the quarter with a contracted pipeline of $28.4 million. Equity Method Investments Falcon's Creative Group FCG recorded revenue of $12.5 million for the three month period ended June 30, 2026, representing a $0.2 million increase over the same period of the prior year. FCG recorded operating income of $0.7 million and net income was $0.4 million. After the Qiddiya Investment Company's ("QIC") preferred return and amortization of basis difference, Falcon’s share of net loss from FCG was $1.2 million. FCG had a contracted pipeline of $17.1 million as it closed out Q2 2026. Producciones de Parques ("PDP") PDP recognized $6.5 million in revenues for the three month period ended June 30, 2026, consistent with the same period of the prior year. Operating income and net income were $0.4 million. Falcon's share of net gain from PDP was $0.2 million. Net Loss Falcon's recorded a consolidated net loss of $0.3 million for the three month period ended June 30, 2026. Adjusted EBITDA Falcon's Beyond generated Adjusted EBITDA(1) loss of $5.2 million in the three month period ended June 30, 2026. Adjusted EBITDA for the quarter excludes the $4.0 million reversal of accrued transaction expenses that are no longer probable to be payable and the gain recognized on the partial liquidation of the Karnival joint venture. Other Business Highlights "We are excited by the continued momentum in our Falcon's Attractions business which added its first major design and build contract to its pipeline in the second quarter. This is incremental to the robust spares and service business we have been building since the OES acquisition in mid-2025. We are very encouraged by the trajectory and confident in our ability to build on this success," said Cecil D. Magpuri, Chief Executive Officer of Falcon’s Beyond. About Falcon’s Beyond Falcon’s Beyond is a visionary entertainment and technology enterprise at the forefront of the global experience economy. We design, develop, engineer, deliver, and commercialize immersive physical and digital experiences for leading brands, developers, and destination operators worldwide, as well as for our own portfolio of entertainment and technology concepts. Our business is built on an integrated experience platform that brings together creative development, proprietary technologies, advanced engineering, intellectual property, and operational execution to enable the repeatable creation, deployment, and scaling of entertainment experiences across multiple formats and locations globally. We operate through three complementary business divisions: Falcon's Creative Group, provides creative and advisory services including destination strategy, master planning, experiential and attraction design, digital media, interactive software, intellectual property development, and creative guardianship for entertainment and hospitality destinations. Falcon’s Beyond Brands, consisting of Falcon's Attractions and Falcon's Beyond Brands, encompasses a broad portfolio of intellectual property, proprietary technologies, and operating businesses that design, engineer, commercialize, and deploy entertainment systems, products, content, and experiences across physical and digital environments. Falcon’s Beyond Destinations, consisting of Producciones de Parques, S.L., a joint venture between Falcon’s and Meliá Hotels International, S.A., and Destinations Operations, develops, owns, operates, and expands entertainment venues, hospitality experiences, and branded destination concepts across a variety of location‑based formats, utilizing proprietary and third‑party intellectual property. FALCON’S BEYOND and its related trademarks are owned by Falcon’s Beyond. Falcon’s is headquartered in Orlando, FL. Learn more at falconsbeyond.com. Falcon’s Beyond may use its website as a distribution channel of material Company information. Financial and other important information regarding the Company is routinely accessed through and posted on our website at https://investors.falconsbeyond.com. In addition, you may automatically receive email alerts and other information about Falcon’s when you enroll your email address by visiting the Email Alerts section at https://investors.falconsbeyond.com. Cautionary Note Regarding Forward-Looking Statements This press release contains statements that are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. When used in this press release, words such as "will," "would", "aim," "delivers," "exceptional," "expand" and similar expressions identify forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking. Forward-looking statements are subject to risks and uncertainties that could cause actual results to differ from those expressed in or implied by the forward-looking statements, including (1) our ability to sustain our growth, effectively manage our anticipated future growth, and implement our business strategies to achieve the results we anticipate, (2) our current liquidity resources raise substantial doubt about our ability to continue as a going concern, (3) impairments of our intangible assets and equity method investment in our joint ventures, (4) our ability to raise additional capital, (5) the closure of Katmandu Park DR, sale of our interests in the Sol Tenerife Hotel, winding up of our Karnival joint venture, and the repositioning and rebranding of our FBD business, (6) the success of our growth plans in FCG and FBB, (7) risks associated with acquisitions, dispositions, business combinations, and joint ventures, (8) any failure to realize the anticipated benefits of acquired or proposed to be acquired businesses, including OES, (9) our customer concentration in FCG, (10) the timing of recognition of revenue from our contracted pipeline is difficult to predict with certainty and in some cases may extend over a number of fiscal years, (11) the risk that contractual restrictions relating to the Strategic Investment may affect our ability to access the public markets and expand our business, (12) the risks of doing business internationally, including in the Kingdom of Saudi Arabia, (13) our indebtedness, (14) our dependence on strategic relationships with local partners in order to offer and market our products and services in certain jurisdictions, (15) our reliance on our senior management and key employees, and our ability to hire, train, retain, and motivate qualified personnel, (16) cybersecurity-related risks, (17) our ability to protect our intellectual property, (18) our ability to remediate identified material weaknesses in our internal controls over financial reporting, (19) the concentration of share ownership and the significant influence of the Demerau Family and Cecil D. Magpuri, (20) the outcome of pending, threatened and future legal proceedings, (21) our continued compliance with Nasdaq continued listing standards, (22) risks related to our Up-C entity structure and the fact that we may be required to make substantial payments to certain unitholders under our Tax Receivable Agreement, and (23) the risks disclosed under the caption "Risk Factors" in the Company’s most recent Annual Report on Form 10-K, and the Company’s other filings with the Securities and Exchange Commission. The forward-looking statements herein speak only as of the date of this press release, and the Company undertakes no obligation to publicly update or revise any forward-looking statement as a result of new information, future events or otherwise, except as otherwise required by law. Use and Definition of Non-GAAP Financial Measure We prepare our consolidated financial statements in accordance with U.S. GAAP. In addition to financial measures prepared in accordance with U.S. GAAP, we present Adjusted EBITDA, a non-GAAP financial measure. We define Adjusted EBITDA as net income (loss) before interest expense, interest income, income taxes, depreciation and amortization, transaction-related credits, changes in the fair value of warrant liabilities, impairment charges, and certain gains or losses associated with equity method investments that are not considered indicative of our core operating performance. Management believes Adjusted EBITDA provides useful supplemental information regarding the operating performance of our business by excluding the effects of financing decisions, capital structure, depreciation and amortization, and other items that may not be representative of ongoing operations. Adjusted EBITDA should not be considered in isolation or as a substitute for net income (loss), operating income (loss), cash flows from operating activities, or other measures prepared in accordance with U.S. GAAP. A reconciliation of net income (loss), the most directly comparable U.S. GAAP measure, to Adjusted EBITDA is included below. View source version on businesswire.com: https://www.businesswire.com/news/home/20260813465729/en/ Contacts Media Relations: Toni Caracciolo, Falcon’s Beyond: [email protected] Investor Relations: [email protected]

Company Reports Consolidated Revenue of $5.4 Million for Q1 Company's Unconsolidated Subsidiary, Falcon's Creative Group, generated Q1 revenue of $13.0 Million ORLANDO, Fla., May 14, 2026--(BUSINESS WIRE)--Falcon’s Beyond Global, Inc. (Nasdaq: FBYD) ("Falcon’s Beyond", "Falcon’s" or the "Company"), a visionary entertainment and technology enterprise through its divisions Falcon’s Creative Group ("FCG"), Falcon’s Beyond Destinations ("FBD"), and Falcon’s Beyond Brands ("FBB") reported financial results for the first quarter 2026. First Quarter 2026 Highlights Revenue Revenue was $5.4 million, driven by attraction services and product sales generated from its Falcon's Attractions business and from shared services earned from its unconsolidated subsidiary, FCG. Equity Method Investments Falcon's Creative Group FCG revenue more than doubled to $13.0 million compared to the prior period due to timing and extent of project milestones. Operating income was $2.0 million and net income was $1.8 million. After the Qiddiya Investment Company's (QIC) preferred return and amortization of basis difference, Falcon’s share of net income from FCG was $ 0.2 million. FCG had a contracted pipeline of $29.2 million as it closed out Q1 2026. Producciones de Parques ("PDP") The PDP business is seasonal with the first quarters of the fiscal year representing periods in which the Mallorca property remains closed for the winter season. Operating loss was $1.2 million and net loss was $0.8 million. Falcon's share of net loss from PDP was $0.4 million. Net Income Consolidated net income increased $14.2 million to $6.1 million compared to $8.1 million consolidated net loss for the corresponding period. Results reflect growth of our Falcon's Attractions business, a $3.8 million improvement in the results from our equity method investments, and $11.1 million credit for the reversal of accrued transaction expenses related to the 2023 Business Combination, partially offset by the absence of a gain on revaluation of warrants in the comparative period. Adjusted EBITDA Falcon's Beyond generated Adjusted EBITDA(1) loss of $4.6 million compared to $8.1 million Adjusted EBITDA loss for the comparative period driven by the improvement in consolidated net income previously described. Other Business Highlights On May 11, 2026, the Company entered into two Master Products and Services Agreements (the "VAI Agreements") with VAI Amusement Park, LLC. Pursuant to the VAI Agreements, Falcon’s Attractions and its affiliates will provide the design, engineering, fabrication and installation of two separate dark ride vehicle systems. Each agreement is valued at approximately $9 million, with an aggregate value of approximately $18 million across both agreements. The VAI Agreements include milestone-based payment terms tied to the progress of these services, which are expected to occur over the respective project execution periods. "We are extremely pleased with our continued progress this quarter as we accelerate execution across our core growth initiatives. Our strategic investments and the expansion of infrastructure and platform capabilities continue to reinforce our confidence in our long-term growth trajectory," said Cecil D. Magpuri, Chief Executive Officer of Falcon’s Beyond. About Falcon’s Beyond Falcon’s Beyond is a visionary entertainment and technology enterprise at the forefront of the global experience economy. We design, develop, engineer, deliver, and commercialize immersive physical and digital experiences for leading brands, developers, and destination operators worldwide, as well as for our own portfolio of entertainment and technology concepts. Our business is built on an integrated experience platform that brings together creative development, proprietary technologies, advanced engineering, intellectual property, and operational execution to enable the repeatable creation, deployment, and scaling of entertainment experiences across multiple formats and locations globally. We operate through three complementary business divisions: Falcon’s Creative Group provides creative and advisory services including destination strategy, master planning, experiential and attraction design, digital media, interactive software, intellectual property development, and creative guardianship for entertainment and hospitality destinations. Falcon’s Beyond Brands, consisting of Falcon's Attractions and Falcon's Beyond Brands, encompasses a broad portfolio of intellectual property, proprietary technologies, and operating businesses that design, engineer, commercialize, and deploy entertainment systems, products, content, and experiences across physical and digital environments. Falcon’s Beyond Destinations, consisting of Producciones de Parques, S.L., a joint venture between Falcon’s and Meliá Hotels International, S.A., and Destinations Operations, develops, owns, operates, and expands entertainment venues, hospitality experiences, and branded destination concepts across a variety of location‑based formats, utilizing proprietary and third‑party intellectual property. FALCON’S BEYOND and its related trademarks are owned by Falcon’s Beyond. Falcon’s is headquartered in Orlando, FL. Learn more at falconsbeyond.com. Falcon’s Beyond may use its website as a distribution channel of material Company information. Financial and other important information regarding the Company is routinely accessed through and posted on our website at https://investors.falconsbeyond.com. In addition, you may automatically receive email alerts and other information about Falcon’s when you enroll your email address by visiting the Email Alerts section at https://investors.falconsbeyond.com. Cautionary Note Regarding Forward-Looking Statements This press release contains statements that are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. When used in this press release, words such as "will," "would", "aim," "delivers," "exceptional," "expand" and similar expressions identify forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking. Forward-looking statements are subject to risks and uncertainties that could cause actual results to differ from those expressed in or implied by the forward-looking statements, including (1) our ability to sustain our growth, effectively manage our anticipated future growth, and implement our business strategies to achieve the results we anticipate, (2) our current liquidity resources raise substantial doubt about our ability to continue as a going concern, (3) impairments of our intangible assets and equity method investment in our joint ventures, (4) our ability to raise additional capital, (5) the closure of Katmandu Park DR, sale of our interests in the Sol Tenerife Hotel, winding up of our Karnival joint venture, and the repositioning and rebranding of our FBD business, (6) the success of our growth plans in FCG and FBB, (7) risks associated with acquisitions, dispositions, business combinations, and joint ventures, (8) any failure to realize the anticipated benefits of acquired or proposed to be acquired businesses, including OES, (9) our customer concentration in FCG, (10) the timing of recognition of revenue from our contracted pipeline is difficult to predict with certainty and in some cases may extend over a number of fiscal years, (11) the risk that contractual restrictions relating to the Strategic Investment may affect our ability to access the public markets and expand our business, (12) the risks of doing business internationally, including in the Kingdom of Saudi Arabia, (13) our indebtedness, (14) our dependence on strategic relationships with local partners in order to offer and market our products and services in certain jurisdictions, (15) our reliance on our senior management and key employees, and our ability to hire, train, retain, and motivate qualified personnel, (16) cybersecurity-related risks, (17) our ability to protect our intellectual property, (18) our ability to remediate identified material weaknesses in our internal controls over financial reporting, (19) the concentration of share ownership and the significant influence of the Demerau Family and Cecil D. Magpuri, (20) the outcome of pending, threatened and future legal proceedings, (21) our continued compliance with Nasdaq continued listing standards, (22) risks related to our Up-C entity structure and the fact that we may be required to make substantial payments to certain unitholders under our Tax Receivable Agreement, and (23) the risks disclosed under the caption "Risk Factors" in the Company’s most recent Annual Report on Form 10-K, and the Company’s other filings with the Securities and Exchange Commission. The forward-looking statements herein speak only as of the date of this press release, and the Company undertakes no obligation to publicly update or revise any forward-looking statement as a result of new information, future events or otherwise, except as otherwise required by law. Use and Definition of Non-GAAP Financial Measure We prepare our consolidated financial statements in accordance with U.S. GAAP. In addition to disclosing financial results prepared in accordance with U.S. GAAP, we disclose information regarding Adjusted EBITDA which is a non-GAAP measure. We define Adjusted EBITDA as net income (loss), determined in accordance with U.S. GAAP, for the period presented, before net interest and expense, income tax (expense) benefit, depreciation and amortization, transaction expense (credit) related to the business combination and change in fair value of warrant liabilities. We believe that Adjusted EBITDA is useful to investors as it eliminates the non-cash depreciation and amortization expense that results from our capital investments and intangible assets recognized in any business combination and improves comparability by eliminating the interest expense associated with our debt facilities and eliminating the change in fair value of warrant liabilities, which may not be comparable with other companies based on our structure. Adjusted EBITDA has limitations as an analytical tool, and you should not consider it in isolation, or as a substitute for analysis of our results as reported under U.S. GAAP. Some of these limitations are (i) it does not reflect our cash expenditures, or future requirements for capital expenditures or contractual commitments, (ii) it does not reflect changes in, or cash requirements for, our working capital needs, (iii) it does not reflect interest expense, or the cash requirements necessary to service interest or principal payments, on our debt, (iv) although depreciation and amortization are non-cash charges, the assets being depreciated and amortized will often have to be replaced in the future, and Adjusted EBITDA does not reflect any cash requirements for such replacements, (v) it does not adjust for all non-cash income or expense items that are reflected in our statements of cash flows, and (vi) other companies in our industry may calculate these measures differently than we do, limiting their usefulness as comparative measures. The presentation of non-GAAP financial measures is not intended to be considered in isolation or as a substitute for, or superior to, the financial information prepared and presented in accordance with U.S. GAAP. We refer investors to the reconciliation of Adjusted EBITDA to net loss included below. View source version on businesswire.com: https://www.businesswire.com/news/home/20260514558781/en/ Contacts Media Relations: Toni Caracciolo, Falcon’s Beyond: [email protected] Investor Relations: [email protected]

Company Reports Consolidated Revenue of $6.6 Million for Q4 and $14.9 Million for the full year Company's Unconsolidated Subsidiary, Falcon's Creative Group, generated Q4 revenue of $14.4 Million and $38.7 Million for the full year Company's Unconsolidated Joint Venture, Producciones de Parques ("PDP"), generated Q4 revenue of $2.1 Million and full year revenue of $31.4 Million ORLANDO, Fla., March 30, 2026--(BUSINESS WIRE)--Falcon’s Beyond Global, Inc. (Nasdaq: FBYD) ("Falcon’s Beyond", "Falcon’s" or the "Company"), a visionary entertainment and technology enterprise through its divisions Falcon’s Creative Group ("FCG"), Falcon’s Beyond Destinations ("FBD"), and Falcon’s Beyond Brands ("FBB") today reported its financial results for the fourth quarter 2025 and fiscal year ended December 31, 2025. Fourth Quarter 2025 Financial Results Revenue: Falcon's Beyond reported fourth quarter revenue of $6.6 million from attraction services and product sales generated from its Falcon's Attractions business, and from shared services and management fees earned from its FCG and PDP joint ventures. Equity Method Investments: FCG generated $14.4 million in revenue in the fourth quarter of 2025, representing a $5.0 million, or 53.5% increase over the corresponding period of 2024. FCG recorded operating income of $3.7 million and net income of $3.9 million in the fourth quarter of 2025. After the Qiddiya Investment Company's (QIC) preferred return and amortization of basis difference, Falcon’s Beyond’s share of net income from FCG was $2.1 million. FCG had a contracted pipeline of $41.6 million as it closed out 2025. PDP generated revenue of $2.1 million, loss from operations of $0.7 million and net loss of $0.2 million in the fourth quarter of 2025. The PDP business is seasonal with the fourth and first quarters of the fiscal year representing periods in which the Mallorca property closes for the winter season. Falcon's Beyond's share of net loss from PDP was $0.1 million for the fourth quarter of 2025. Net Loss: Falcon’s Beyond reported a consolidated net loss of $0.3 million in the fourth quarter of 2025 compared with consolidated net loss of $11.9 million for the corresponding quarter of 2024. The reduction in loss was primarily driven by operating profits contributed by newly formed Falcon's Attractions segment in 2025 and an increase in profitability from the FCG segment. Adjusted EBITDA: Falcon's Beyond generated Adjusted EBITDA(1) of $0.2 million compared to $12.0 million Adjusted EBITDA loss for the corresponding 2024 period. The increase in Adjusted EBITDA is primarily due to the improved performance of the FCG segment, the addition of the Falcon's Attractions segment in 2025, and a reduction in interest expense due to the capital restructuring that occurred in the second half of 2025. Full Year 2025 Results Revenue: Falcon's Beyond reported annual revenue of $14.9 million, a $8.2 million increase over the prior year reflecting revenues generated from the newly formed Falcon's Attractions business. Equity Method Investments: FCG generated $38.7 million in revenue in 2025, representing a $14.5 million decrease over 2024, primarily driven by timing of projects. FCG recorded an operating loss of $0.1 million and net loss of $0.8 million in 2025. After the Qiddiya Investment Company's (QIC) preferred return and amortization of basis difference, Falcon’s Beyond’s share of net loss from FCG was $7.2 million. PDP generated revenue of $31.4 million, income from operations of $7.5 million, a $60.0 million gain from sale of Tenerife, and net income of $64.8 million in 2025. Falcon's Beyond's share of net income from PDP was $27.1 million including a $5.3 million impairment in the carrying value of PDP following the sale of Tenerife. Net Income: Falcon’s Beyond reported consolidated net income of $6.3 million in 2025, primarily driven by the share of the gain on sale of PDP's Tenerife property, partially offset by operating losses from the integration and expansion of the Falcon's Attractions business, and non-recurring impairment charges of our investments in Karnival and PDP as we seek to liquidate these non-core assets and investments. Adjusted EBITDA: Falcon's Beyond's generated adjusted EBITDA(1) loss of $17.3 million in 2025 primarily driven by the Company's investment in the integration and expansion of the Falcon's Attractions business and our share of net losses from our FCG equity method investment. Other Business Highlights Settlement agreement. In November 2025, the Company entered into a settlement agreement and release with FAST Sponsor II, LLC ("FAST") over actions related the settlement of two term loans. The Company paid an upfront payment of $2.5 million and is required to pay a deferred settlement payment of up to $7.0 million on or before January 31, 2027. Upon payment of the deferred settlement payment, FAST will forfeit 360,000 Class A shares and 375,000 Class A unvested market price-based earnout shares. Stock price-based earnout target. In December 2025, the Company achieved the first stock price-based earnout trigger set forth in Earnout Escrow agreement dated October 6, 2023. As a result 15,000,000 of the outstanding 40,000,000 of the outstanding earnout shares and units were earned and released to the beneficial owners of the shares. "In 2025, we successfully expanded our physical attractions business, strengthened our balance sheet, divested of non-core assets, and redirected capital resources toward our highest-growth divisions," said Cecil D. Magpuri, Chief Executive Officer of Falcon’s Beyond. "As we move into 2026, our priority is disciplined scalable growth while preserving the creative and engineering excellence that defines our brands. We are actively evaluating complementary investment opportunities that enhance our capabilities and broaden our presence in immersive, media rich destinations and attractions." About Falcon’s Beyond Falcon’s Beyond is a visionary entertainment and technology enterprise at the forefront of the global experience economy. We design, develop, engineer, deliver, and commercialize immersive physical and digital experiences for leading brands, developers, and destination operators worldwide, as well as for our own portfolio of entertainment and technology concepts. Our business is built on an integrated experience platform that brings together creative development, proprietary technologies, advanced engineering, intellectual property ("IP"), and operational execution to enable the repeatable creation, deployment, and scaling of entertainment experiences across multiple formats and locations globally. We operate through three complementary business divisions: Falcon’s Creative Group provides creative and advisory services including destination strategy, master planning, experiential and attraction design, digital media, interactive software, IP development, and creative guardianship for entertainment and hospitality destinations. Falcon’s Beyond Brands encompasses a broad portfolio of intellectual property, proprietary technologies, and operating businesses that design, engineer, commercialize, and deploy entertainment systems, products, content, and experiences across physical and digital environments. Falcon’s Beyond Destinations develops, owns, operates, and expands entertainment venues, hospitality experiences, and branded destination concepts across a variety of location‑based formats, utilizing proprietary and third‑party intellectual property. FALCON’S BEYOND and its related trademarks are owned by Falcon’s Beyond. Falcon’s is headquartered in Orlando, Fla. Learn more at falconsbeyond.com. Falcon’s Beyond may use its website as a distribution channel of material Company information. Financial and other important information regarding the Company is routinely accessed through and posted on our website at https://investors.falconsbeyond.com. In addition, you may automatically receive email alerts and other information about Falcon’s when you enroll your email address by visiting the Email Alerts section at https://investors.falconsbeyond.com. Cautionary Note Regarding Forward-Looking Statements This press release contains statements that are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. When used in this press release, words such as "will," "would", "aim" and similar expressions identify forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking. Forward-looking statements are subject to risks and uncertainties that could cause actual results to differ from those expressed in or implied by the forward-looking statements, including (1) our ability to sustain our growth, effectively manage our anticipated future growth, and implement our business strategies to achieve the results we anticipate, (2) our current liquidity resources raise substantial doubt about our ability to continue as a going concern (3) impairments of our intangible assets and equity method investment in our joint ventures, (4) our ability to raise additional capital, (5) the closure of Katmandu Park DR, sale of our interests in the Sol Tenerife Hotel, winding up of our Karnival joint venture, and the repositioning and rebranding of our FBD business, (6) the success of our growth plans in FCG and FBB, (7) risks associated with acquisitions, dispositions, business combinations, and joint ventures, (8) any failure to realize the anticipated benefits of acquired or proposed to be acquired businesses, including OES, (9) our customer concentration in FCG, (10) the timing of recognition of revenue from our contracted pipeline is difficult to predict with certainty and in some cases may extend over a number of fiscal years, (11) the risk that contractual restrictions relating to the Strategic Investment may affect our ability to access the public markets and expand our business, (12) the risks of doing business internationally, including in the Kingdom of Saudi Arabia, (13) our indebtedness, (14) our dependence on strategic relationships with local partners in order to offer and market our products and services in certain jurisdictions, (15) our reliance on our senior management and key employees, and our ability to hire, train, retain, and motivate qualified personnel, (16) cybersecurity-related risks, (17) our ability to protect our intellectual property, (18) our ability to remediate identified material weaknesses in our internal controls over financial reporting, (19) the concentration of share ownership and the significant influence of the Demerau Family and Cecil D. Magpuri, (20) the outcome of pending, threatened and future legal proceedings, (21) our continued compliance with Nasdaq continued listing standards, (22) risks related to our Up-C entity structure and the fact that we may be required to make substantial payments to certain unitholders under our Tax Receivable Agreement, and (23) the risks disclosed under the caption "Risk Factors" in the Company’s most recent Annual Report on Form 10-K, and the Company’s other filings with the Securities and Exchange Commission. The forward-looking statements herein speak only as of the date of this press release, and the Company undertakes no obligation to publicly update or revise any forward-looking statement as a result of new information, future events or otherwise, except as otherwise required by law. Use and Definition of Non-GAAP Financial Measure We prepare our consolidated financial statements in accordance with US GAAP. In addition to disclosing financial results prepared in accordance with US GAAP, we disclose information regarding Adjusted EBITDA which is a non-GAAP measure. We define Adjusted EBITDA as net (loss) income, determined in accordance with US GAAP, for the period presented, before net interest and expense, income tax expense, depreciation and amortization, transaction (credit) expenses related to the business combination, credit loss expense related to the closure of the Sierra Parima Katmandu Park, share of equity method investee’s gain on sale of Tenerife, impairment of equity method investments, change in fair value of warrant liabilities, change in fair value of earnout liabilities, and gain on bargain purchase of OES acquisition. We believe that Adjusted EBITDA is useful to investors as it eliminates the non-cash depreciation and amortization expense that results from our capital investments and intangible assets recognized in any business combination and improves comparability by eliminating the interest expense associated with our debt facilities, and eliminating the change in fair value of warrant and earnout liabilities, which may not be comparable with other companies based on our structure. Adjusted EBITDA has limitations as an analytical tool, and you should not consider it in isolation, or as a substitute for analysis of our results as reported under US GAAP. Some of these limitations are (i) it does not reflect our cash expenditures, or future requirements for capital expenditures or contractual commitments, (ii) it does not reflect changes in, or cash requirements for, our working capital needs, (iii) it does not reflect interest expense, or the cash requirements necessary to service interest or principal payments, on our debt, (iv) although depreciation and amortization are non-cash charges, the assets being depreciated and amortized will often have to be replaced in the future, and Adjusted EBITDA does not reflect any cash requirements for such replacements, (v) it does not adjust for all non-cash income or expense items that are reflected in our statements of cash flows, and (vi) other companies in our industry may calculate these measures differently than we do, limiting their usefulness as comparative measures. View source version on businesswire.com: https://www.businesswire.com/news/home/20260330439659/en/ Contacts Media Relations: Toni Caracciolo, Falcon’s Beyond: [email protected] Investor Relations: [email protected]

Company Strengthens Balance Sheet Through $28.7 Million Preferred Stock Issuance, Including $20.7 Million Debt-to-Equity Exchange Company Reports Consolidated Revenue of $4.1 Million Company's Unconsolidated Subsidiary, Falcon's Creative Group generated Q3 Revenue of $5.7 Million Company's Unconsolidated Joint Venture, Producciones de Parques generated Q3 revenue of $11.2 Million from continuing operations ORLANDO, Fla., November 14, 2025--(BUSINESS WIRE)--Falcon’s Beyond Global, Inc. (Nasdaq: FBYD) ("Falcon’s Beyond", "Falcon’s" or the "Company"), a visionary leader in innovative and immersive storytelling through its divisions Falcon’s Creative Group ("FCG"), Falcon’s Beyond Destinations ("FBD"), and Falcon’s Beyond Brands ("FBB") today reported its financial results for the third quarter of fiscal year 2025 ended September 30, 2025. Third Quarter 2025 Financial Results Revenue: Falcon’s Beyond generated consolidated revenues of $4.1 million for the three months ended September 30, 2025 representing the ramping up of Falcon's Attraction's spares and maintenance fees, fees for corporate and shared services earned from its FCG division, and management fees from its Producciones de Parques, S.L. ("PDP") 50:50 joint venture with Melia Hotels Int’l. FCG generated $5.7 million in revenue the three months ended September 30, 2025, representing a decrease of $7.4 million, or 56.3%, over the corresponding period of 2024, reflecting project timing within FCG's multi-year contract performance obligations. FCG recorded an operating loss of $3.5 million and net loss of $3.8 million in the three months ended September 30, 2025, compared with operating income of $0.1 million and net loss of $0.1 million for the corresponding 2024 period. After the Qiddiya Investment Company's (QIC) preferred return and amortization of basis difference, Falcon’s Beyond’s share of net loss from FCG was $5.4 million for the three months ended September 30, 2025. FCG has a contracted pipeline of $48.3 million as it entered the fourth quarter of 2025. PDP generated revenues from the Sol Katmandu Park and Resort property of $11.2 million for the three months ended September 30, 2025, a $0.3 million increase over the corresponding period of 2024. In May 2025, PDP completed the sale of the corporate entity that owns the Sol Tenerife hotel property and accordingly, the results of the operations of this hotel were reclassified to discontinued operations by the joint venture. Net income from continuing operations increased $0.2 million to $3.8 million for the three months ended September 30, 2025, compared with the corresponding period of 2024. Net income was $3.1 million for the three months ended September 30, 2025 compared with net income of $3.2 million for the corresponding period of 2024 of which Falcon's recognized its 50% ownership share. Net Income: Falcon’s Beyond reported a consolidated net loss of $10.4 million for the three months ended September 30, 2025, compared with consolidated net income of $39.3 million the corresponding 2024 period. This change was primarily driven by the absence of non-cash fair value gains of $40.6 million on earnout liabilities, and $0.7 million in warranty liabilities compared with the corresponding period of 2024 following the prior year capital restructuring to remove these obligations from our balance sheet. Share of loss from equity method investments increased $6.9 million for the three months ended September 30, 2025 driven by a $3.0 million impairment of our Karnival TP-AQ Holdings Limited joint venture (Karnival) equity method investment due to a decision by the Karnival board to terminate the project in Hong Kong and commence windup of the joint venture, the $5.4 million share of net loss from FCG, partially offset by our share of net income from our PDP investment. Net operating loss increased $1.2 million from our investment in the integration and growth of the Falcon's Attraction's business following the OES acquisition in May 2025, partially offset by a $1.1 million gain on bargain purchase for this acquisition. EBITDA: Falcon's Beyond's adjusted EBITDA(1) loss increased $6.1 million to $(7.7) million loss for the three months ended September 30, 2025, compared with $(1.6) million loss for the corresponding 2024 period. Such increase in loss was driven by a $4.0 million net increase in share of loss from equity method investments, $1.2 million increase in net loss from operations primarily due to the integration and expansion of the OES acquisition and a $0.9 million decrease in foreign exchange gain due to settlement of intergroup loans with a Spanish subsidiary. Other Business Highlights Series B Preferred Stock issuance and Conversion of Long Term Debt: On September 8, 2025, the Company issued 5,747,742 shares of newly created 11% Series B Cumulative Convertible Preferred Stock at a purchase price of $5.00 per share. The Company received $8.0 million in cash and the exchange of $20.7 million of outstanding long-term debt and accrued interest. $15 Million Line of Credit: On November 10, 2025 the Company entered into a new $15.0 million five-year revolving line of credit to provide dedicated working capital for the expansion of Falcon's Beyond Brands' attraction services business. The arrangement matures on September 30, 2030 and has a variable interest rate of the three-month Secured Overnight Financing Rate on the first day of the applicable quarter plus 2.75%. In conjunction with the new line of credit the Company reduced the capacity on its existing $15 million revolving credit arrangement with the same lender to $5.5 million. "During the first three quarters of 2025 we have focused on strengthening our balance sheet, divesting non-core assets, and reallocating capital resources toward our highest-growth divisions," said Cecil D. Magpuri, Chief Executive Officer of Falcon’s Beyond. "This quarter’s successful capital restructuring has provided the dedicated working capital required to accelerate the integration and expansion of Falcon’s Attractions. Building on early momentum in our attraction services and support business, this division is well-positioned to secure significant new contracts for world-class attractions in the near term. At the same time, we anticipate the opportunity for our FCG division to double its revenues over the next twelve months. To meet growing demand from our largest customers, we are rapidly scaling our workforce and infrastructure. Our unwavering focus remains on operational integration, cost discipline, and delivering sustainable value for our shareholders as we continue executing on our long-term growth vision." About Falcon’s Beyond Falcon’s Beyond is a visionary innovator in immersive storytelling, sitting at the intersection of three potential high growth business opportunities: content, technology, and experiences. Falcon’s Beyond propels intellectual property (IP) activations concurrently across physical and digital experiences through three core business units: Falcon’s Creative Group creates master plans, designs attractions and experiential entertainment, and produces content, interactives, and software. Falcon’s Beyond Destinations develops a diverse range of entertainment experiences using both Falcon’s Beyond owned and third party licensed intellectual property, spanning location-based entertainment, dining, and retail. Falcon’s Beyond Brands endeavors to bring brands and intellectual property to life through animation, movies, licensing and merchandising, gaming as well as ride and technology sales. Falcon’s Beyond also invents immersive rides, attractions, and technologies for entertainment destinations around the world. FALCON’S BEYOND and its related trademarks are owned by Falcon’s Beyond. Falcon’s is headquartered in Orlando, Fla. Learn more at falconsbeyond.com. Falcon’s Beyond may use its website as a distribution channel of material Company information. Financial and other important information regarding the Company is routinely accessed through and posted on our website at https://investors.falconsbeyond.com. In addition, you may automatically receive email alerts and other information about Falcon’s when you enroll your email address by visiting the Email Alerts section at https://investors.falconsbeyond.com. Cautionary Note Regarding Forward-Looking Statements This press release contains statements that are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. When used in this press release, words such as "will," "would", and similar expressions identify forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking. Forward-looking statements are subject to risks and uncertainties that could cause actual results to differ from those expressed in or implied by the forward-looking statements, including (1) any failure to realize the anticipated benefits of the acquisition of OES, (2) risks related to legacy OES products and our ability to service such products, (3) the risk that the OES acquisition, integration of the OES personnel we hired, and efforts to grow Falcon’s Attractions disrupts our other operations, (4) our ability to grow current and future potential customer relationships, (5) our ability to sustain our growth, effectively manage our anticipated future growth, and implement our business strategies to achieve the results we anticipate, (6) our current liquidity resources raise substantial doubt about our ability to continue as a going concern (7) impairments of our intangible assets and equity method investment in our joint ventures, (8) our ability to raise additional capital, (9) the closure of Katmandu Park DR and the repositioning and rebranding of our FBD business, (10) the success of our growth plans in FCG, (11) our customer concentration in FCG, (12) the timing of recognition of revenue from our contracted pipeline is difficult to predict with certainty and in some cases may extend over a number of fiscal years, (13) the risk that contractual restrictions relating to the Strategic Investment may affect our ability to access the public markets and expand our business, (14) the risks of doing business internationally, including in the Kingdom of Saudi Arabia, (15) our indebtedness, (16) our dependence on strategic relationships with local partners in order to offer and market our products and services in certain jurisdictions, (17) our reliance on our senior management and key employees, and our ability to hire, train, retain, and motivate qualified personnel, (18) cybersecurity-related risks, (19) our ability to protect our intellectual property, including the intellectual property purchased from OES, (20) our ability to remediate identified material weaknesses in our internal controls over financial reporting, (21) the concentration of share ownership and the significant influence of the Demerau Family and Cecil D. Magpuri, (22) the outcome of pending, threatened and future legal proceedings, (23) our continued compliance with Nasdaq continued listing standards, (24) risks related to our Up-C entity structure and the fact that we may be required to make substantial payments to certain unitholders under our Tax Receivable Agreement, and (25) the risks disclosed under the caption "Risk Factors" in the Company’s most recent Annual Report on Form 10-K, and the Company’s other filings with the Securities and Exchange Commission. The forward-looking statements herein speak only as of the date of this press release, and the Company undertakes no obligation to publicly update or revise any forward-looking statement as a result of new information, future events or otherwise, except as otherwise required by law. Use and Definition of Non-GAAP Financial Measure We prepare our consolidated financial statements in accordance with US GAAP. In addition to disclosing financial results prepared in accordance with US GAAP, we disclose information regarding Adjusted EBITDA which is a non-GAAP measure. We define Adjusted EBITDA as net income (loss), determined in accordance with US GAAP, for the period presented, before net interest and expense, income tax expense, depreciation and amortization, transaction (credit) expenses related to the business combination, credit loss expense related to the closure of the Sierra Parima Katmandu Park, share of equity method investee’s gain on Tenerife Sale, impairment of PDP, impairment of Karnival, change in fair value of warrant liabilities, change in fair value of earnout liabilities, and gain on bargain purchase of OES Acquisition. We believe that Adjusted EBITDA is useful to investors as it eliminates the non-cash depreciation and amortization expense that results from our capital investments and intangible assets recognized in any business combination and improves comparability by eliminating the interest expense associated with our debt facilities, and eliminating the change in fair value of warrant and earnout liabilities, which may not be comparable with other companies based on our structure. Adjusted EBITDA has limitations as an analytical tool, and you should not consider it in isolation, or as a substitute for analysis of our results as reported under US GAAP. Some of these limitations are (i) it does not reflect our cash expenditures, or future requirements for capital expenditures or contractual commitments, (ii) it does not reflect changes in, or cash requirements for, our working capital needs, (iii) it does not reflect interest expense, or the cash requirements necessary to service interest or principal payments, on our debt, (iv) although depreciation and amortization are non-cash charges, the assets being depreciated and amortized will often have to be replaced in the future, and Adjusted EBITDA does not reflect any cash requirements for such replacements, (v) it does not adjust for all non-cash income or expense items that are reflected in our statements of cash flows, and (vi) other companies in our industry may calculate these measures differently than we do, limiting their usefulness as comparative measures. View source version on businesswire.com: https://www.businesswire.com/news/home/20251113595424/en/ Contacts Media Relations: Toni Caracciolo, Falcon’s Beyond: [email protected] Investor Relations: [email protected]

Company Reports Consolidated Revenue of $2.5 Million Company's Unconsolidated Subsidiary, Falcon's Creative Group generated Q2 Revenue of $12.3 Million Company's Unconsolidated Joint Venture, Producciones de Parques, recognized a $59.6 Million gain on sale of the Sol Tenerife hotel and generated Q2 revenue of $6.5 Million from continuing operations ORLANDO, Fla., August 14, 2025--(BUSINESS WIRE)--Falcon’s Beyond Global, Inc. (Nasdaq: FBYD) ("Falcon’s Beyond", "Falcon’s" or the "Company"), a visionary leader in innovative and immersive storytelling through its divisions Falcon’s Creative Group ("FCG"), Falcon’s Beyond Destinations ("FBD"), and Falcon’s Beyond Brands ("FBB") today reported its financial results for the second quarter of fiscal year 2025 ended June 30, 2025. Second Quarter 2025 Financial Results Revenue: Falcon’s Beyond generated consolidated revenues of $2.5 million for the three months ended June 30, 2025 representing fees for corporate and shared services earned from its FCG division, management fees from its Producciones de Parques, S.L. ("PDP") 50:50 joint venture with Melia Hotels Int’l, and attraction spares and maintenance service fees from its Falcon's Beyond Brands division. FCG recorded revenues of $12.3 million in the three months ended June 30, 2025, representing a decrease of $3.4 million, or 21.6%, over the corresponding period of 2024 primarily due to timing of project performance obligations. FCG recorded operating income of $2.4 million and a net income of $2.3 million in the three months ended June 30, 2025, compared with operating income of $2.3 million and net income of $2.5 million for the corresponding 2024 period. After the Qiddiya Investment Company's (QIC) preferred return and amortization of basis difference, Falcon’s Beyond’s share of net income from FCG was $0.7 million for the three months ended June 30, 2025. PDP recognized revenues from continuing operations of $6.5 million in the three months ended June 30, 2025, a $0.6 million increase over the corresponding period of 2024. In May 2025, PDP completed the sale of the Sol Tenerife hotel and accordingly, the results of the operations of this hotel were reclassified to discontinued operations by the JV for all periods presented. Net income from continuing operations operations increased $0.9 million to $0.8 million for the three months ended June 30, 2025, compared with an operating loss of ($0.1) million for the corresponding period of 2024. Net income was $60.9 million for the three months ended June 30, 2025 reflecting the gain on sale of disposal of the hotel property. Falcon’s Beyond’s share of the gain on disposal of Tenerife was $29.8 million from PDP for three months ended June 30, 2025. Net Income: Falcon’s Beyond’s consolidated net income of $25.1 million for the three months ended June 30, 2025, increased $17.1 million compared with the corresponding 2024 period, primarily driven by a $29.8 million share of the gain from the sale of the Tenerife hotel, $3.5 million credit to transaction expenses due to settlement with a provider of services to the Company in the 2023 business combination, a $1.6 million increase in unrealized foreign currency transactional gains, and a $2.6 million quarter-over-quarter change in fair value of warrant liabilities, partially offset by a $5.3 million other than temporary impairment of our remaining investment in PDP, a $13.0 million decrease in change in the fair value of earnout liabilities, a $0.3 million decrease in share of income from equity method investments, a $0.4 million increase in interest expense, and a $1.3 million increase in other operating expenses related to the new Falcon's Attractions business. EBITDA: Falcon's Beyond's adjusted EBITDA(1) loss decreased $0.2 million to $(1.7) million loss for the three months ended June 30, 2025, compared with $(1.9) million loss for the corresponding 2024 period. Such decrease in loss was driven by an increase of $1.6 million in foreign exchange transaction gains, partially offset by a decrease of $0.3 million in share of gain from equity method investments, and an increase of $1.1 million in losses from operations primarily from the integration of the OES acquisition. Other Business Highlights Oceaneering Entertainment Systems ("OES") Transaction: On May 9, 2025, the Company acquired key assets of Oceaneering Entertainment System ("OES"), a division of Oceaneering International Inc. ("OII"). In the transaction, the Company purchased certain tangible assets, OES’s portfolio of intellectual property, including patented technologies, proprietary engineering and manufacturing processes, and assumed the lease for a 106,000+ square-foot facility in Orlando, FL to be utilized by the Falcon's Beyond Brands division to bolster Falcon’s research, development, manufacturing, and attraction integration services, in addition to hiring key members of OES’ highly experienced team in February 2025. Tenerife Hotel Sale: On May 30, 2025, the Company, through its PDP joint venture with Melia, completed the sale of the Sol Tenerife Hotel to Melia and its other third-party joint venture partner. The transaction was structured as a sale of all of the shares of Tertian XXI, S.L., a wholly-owned subsidiary of PDP which owned the real estate assets comprising of the resort hotel. The purchasers paid an aggregate of €71 million, subject to post closing adjustments. PDP distributed $27 million to the Company from the net proceeds of the transaction. Simon Philips, President of Falcon's Beyond, commented on the Company's commitment to drive long-term shareholder value. He stated, "With Falcon's Creative Group continuing to lead in immersive master planning and design globally, and Falcon's Attractions division rapidly scaling its ride systems and turnkey solutions, we are well-positioned for sustained growth and global expansion." About Falcon’s Beyond Falcon’s Beyond is a visionary innovator in immersive storytelling, sitting at the intersection of three potential high growth business opportunities: content, technology, and experiences. Falcon’s Beyond propels intellectual property (IP) activations concurrently across physical and digital experiences through three core business units: Falcon’s Creative Group creates master plans, designs attractions and experiential entertainment, and produces content, interactives, and software. Falcon’s Beyond Destinations develops a diverse range of entertainment experiences using both Falcon’s Beyond owned and third party licensed intellectual property, spanning location-based entertainment, dining, and retail. Falcon’s Beyond Brands endeavors to bring brands and intellectual property to life through animation, movies, licensing and merchandising, gaming as well as ride and technology sales. Falcon’s Beyond also invents immersive rides, attractions, and technologies for entertainment destinations around the world. FALCON’S BEYOND and its related trademarks are owned by Falcon’s Beyond. Falcon’s is headquartered in Orlando, Fla. Learn more at falconsbeyond.com. Falcon’s Beyond may use its website as a distribution channel of material Company information. Financial and other important information regarding the Company is routinely accessed through and posted on our website at https://investors.falconsbeyond.com. In addition, you may automatically receive email alerts and other information about Falcon’s when you enroll your email address by visiting the Email Alerts section at https://investors.falconsbeyond.com. Cautionary Note Regarding Forward-Looking Statements This press release contains statements that are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. When used in this press release, words such as "will," "would", and similar expressions identify forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking. Forward-looking statements are subject to risks and uncertainties that could cause actual results to differ from those expressed in or implied by the forward-looking statements, including (1) any failure to realize the anticipated benefits of the acquisition of OES, (2) risks related to legacy OES products and our ability to service such products, (3) the risk that the OES acquisition, integration of the OES personnel we hired, and efforts to grow Falcon’s Attractions disrupts our other operations, (4) our ability to grow current and future potential customer relationships, (5) our ability to sustain our growth, effectively manage our anticipated future growth, and implement our business strategies to achieve the results we anticipate, (6) our current liquidity resources raise substantial doubt about our ability to continue as a going concern (7) impairments of our intangible assets and equity method investment in our joint ventures, (8) our ability to raise additional capital, (9) the closure of Katmandu Park DR and the repositioning and rebranding of our FBD business, (10) the success of our growth plans in FCG, (11) our customer concentration in FCG, (12) the risk that contractual restrictions relating to the Strategic Investment may affect our ability to access the public markets and expand our business, (13) the risks of doing business internationally, including in the Kingdom of Saudi Arabia, (14) our indebtedness, (15) our dependence on strategic relationships with local partners in order to offer and market our products and services in certain jurisdictions, (16) our reliance on our senior management and key employees, and our ability to hire, train, retain, and motivate qualified personnel, (17) cybersecurity-related risks, (18) our ability to protect our intellectual property, including the intellectual property purchased from OES, (19) our ability to remediate identified material weaknesses in our internal controls over financial reporting, (20) the concentration of share ownership and the significant influence of the Demerau Family and Cecil D. Magpuri, (21) the outcome of pending, threatened and future legal proceedings, (22) our continued compliance with Nasdaq continued listing standards, (23) risks related to our Up-C entity structure and the fact that we may be required to make substantial payments to certain unitholders under our Tax Receivable Agreement, and (24) the risks disclosed under the caption "Risk Factors" in the Company’s most recent Annual Report on Form 10-K, and the Company’s other filings with the Securities and Exchange Commission. The forward-looking statements herein speak only as of the date of this press release, and the Company undertakes no obligation to publicly update or revise any forward-looking statement as a result of new information, future events or otherwise, except as otherwise required by law. Use and Definition of Non-GAAP Financial Measure We prepare our consolidated financial statements in accordance with US GAAP. In addition to disclosing financial results prepared in accordance with US GAAP, we disclose information regarding Adjusted EBITDA which is a non-GAAP measure. We define Adjusted EBITDA as net income (loss), determined in accordance with US GAAP, for the period presented, before net interest and expense, income tax expense, depreciation and amortization, transaction expenses related to the business combination, credit loss expense related to the closure of the Sierra Parima Katmandu Park, share of equity method investee’s impairment of fixed assets, impairment of equity method investments, change in fair value of warrant liabilities, change in fair value of earnout liabilities, intangible asset impairment loss, and gain on deconsolidation of FCG. We believe that Adjusted EBITDA is useful to investors as it eliminates the non-cash depreciation and amortization expense that results from our capital investments and intangible assets recognized in any business combination and improves comparability by eliminating the interest expense associated with our debt facilities, and eliminating the change in fair value of warrant and earnout liabilities, which may not be comparable with other companies based on our structure. Adjusted EBITDA has limitations as an analytical tool, and you should not consider it in isolation, or as a substitute for analysis of our results as reported under US GAAP. Some of these limitations are (i) it does not reflect our cash expenditures, or future requirements for capital expenditures or contractual commitments, (ii) it does not reflect changes in, or cash requirements for, our working capital needs, (iii) it does not reflect interest expense, or the cash requirements necessary to service interest or principal payments, on our debt, (iv) although depreciation and amortization are non-cash charges, the assets being depreciated and amortized will often have to be replaced in the future, and Adjusted EBITDA does not reflect any cash requirements for such replacements, (v) it does not adjust for all non-cash income or expense items that are reflected in our statements of cash flows, and (vi) other companies in our industry may calculate these measures differently than we do, limiting their usefulness as comparative measures. View source version on businesswire.com: https://www.businesswire.com/news/home/20250814991639/en/ Contacts Media Relations: Toni Caracciolo, Falcon’s Beyond: [email protected] Investor Relations: [email protected]

Company Reports Consolidated Revenue of $1.7 Million Company's Unconsolidated Subsidiary, Falcon's Creative Group generated Q1 Revenue of $6.3 Million Company's Unconsolidated Joint Venture, Producciones de Parques, generated Q1 revenue of $7.2 Million ORLANDO, Fla., May 15, 2025--(BUSINESS WIRE)--Falcon’s Beyond Global, Inc. (Nasdaq: FBYD) ("Falcon’s Beyond", "Falcon’s" or the "Company"), a visionary leader in innovative and immersive storytelling through its divisions Falcon’s Creative Group ("FCG"), Falcon’s Beyond Destinations ("FBD"), and Falcon’s Beyond Brands ("FBB") today reported its financial results for the first quarter of fiscal year 2025 ended March 31, 2025. First Quarter 2025 Financial Results Revenue: Falcon’s Beyond generated consolidated revenues of $1.7 million for the three months ended March 31, 2025, representing fees for corporate and shared services earned from its FCG division, management fees from its Producciones de Parques, S.L. ("PDP") 50:50 joint venture with Melia Hotels Int’l, and attraction maintenance service fees from its Falcon's Beyond Brands division. FCG recorded revenues of $6.3 million in the three months ended March 31, 2025, representing a decrease of $8.6 million, or 57.7%, over the corresponding period of 2024 primarily due to timing of projects. FCG recorded an operating loss of ($2.8) million and a net loss of ($3.0) million in the three months ended March 31, 2025, compared with an operating income of $1.6 million and net income of $1.8 million for the corresponding 2024 period. After the Qiddiya Investment Company (QIC) preferred return and amortization of basis difference, Falcon’s Beyond’s share of net loss from FCG was $(4.6) million in the three months ended March 31, 2025. PDP recognized revenues of $7.2 million in the three months ended March 31, 2025, a $0.2 million decrease over the corresponding period of 2024, primarily due to the impact of foreign currency translation of the results of the European joint venture. Income from operations increased $0.3 million to $1.6 million for the three months ended March 31, 2025, compared with operating income of $1.3 million for the corresponding period of 2025. Net income was flat at $1.0 million for the three months ended March 31, 2025, and March 31, 2024. Falcon’s Beyond’s share of income was $0.5 million from PDP for three months ended March 31, 2025. Net Income: Falcon’s Beyond’s consolidated net loss of $ (8.1) million for the three months ended March 31, 2025, decreased $122.1 million compared with the corresponding 2024 period, primarily driven by a $118.6 million quarter-over-quarter change in the fair value of earnout liabilities, $1.5 million of transaction expenses related to the Company's S-1 filings in 2025, a $5.2 million increase in share of losses from equity method investments, and a $1.1 million increase in interest expense, partially offset by a $2.7 million quarter-over-quarter change in fair value of warrant liabilities, $1.1 million increase in unrealized foreign currency transactional gains and $0.5 million decrease in other expenses. EBITDA: Falcon's Beyond's adjusted EBITDA(1) loss increased $3.6 million to $(8.1) million loss for the three months ended March 31, 2025, compared with $(4.5) million loss for the corresponding 2024 period. Adjusted EBITDA loss for the three months ended March 31, 2024, was primarily driven by a $5.2 million increase in in share of losses from equity method investments, partially offset by a $1.1 million increase in unrealized foreign currency transactional gains and $0.5 million decrease in other expenses. Other Business Highlights Warrant Agreement Amendment and Exchange: This initiative simplified the Company’s capital structure by providing Warrant holders conversion of their holdings into equity in Falcon’s Beyond at a fixed exchange rate. The mandatory exchange of Warrants takes place on October 6, 2028 (the "Exchange Date") for shares of the Company’s Class A common stock, par value $0.0001 per share ("Class A Common Stock") at an exchange ratio of 0.25 shares of Class A Common Stock per Warrant (the "Exchange Ratio"). The mandatory exchange was pursuant to an amendment which became effective on January 14, 2025, authorized by holders of more than 50% of the Warrants. After the effectiveness of the Warrant Agreement Amendment and until the Exchange Date, the warrants, as amended by the Warrant Agreement Amendment, will not be exercisable and the holders of the warrants will have no further rights except to receive shares of Class A Common Stock at the Exchange Ratio on the Exchange Date. Oceaneering Entertainment Systems ("OES") Transaction: On May 9, 2025, The Company acquired key assets of Oceaneering Entertainment System ("OES"), a division of Oceaneering International Inc. ("OII"). In the transaction, the Company purchased certain tangible assets, OES’s portfolio of intellectual property, including patented technologies, proprietary engineering and manufacturing processes, and assumed the lease for a 106,000+ square-foot facility in Orlando, FL to be utilized by the Falcon's Beyond Brands division to bolster Falcon’s research, development, manufacturing, and attraction integration services, in addition to hiring key members of OES’ highly experienced team in February 2025. The Company has an option to acquire certain OES vehicle inventory exercisable on or before July 23, 2025. The transaction follows a letter of intent previously announced on November 19, 2024, with Falcon’s, rather than Infinite Acquisitions Partners LLC, making the purchase. "At Falcon’s Beyond, our mission is to push the boundaries of immersive storytelling across every dimension of the global experience economy, from media and IP development to destination attractions and consumer products. The acquisition of Oceaneering Entertainment Systems is an exciting step that enhances just one aspect of our broader strategy. With the addition of cutting-edge ride technologies, advanced manufacturing capabilities, and a world-class team, we’re expanding our toolbox for innovation. But this is only part of the story. As we continue to diversify our offerings, deepen our IP portfolio, and forge new strategic partnerships, we remain focused on building an enduring platform that delivers exceptional value to our audiences and shareholders alike," said Simon Philips, President of Falcon’s Beyond. About Falcon’s Beyond Falcon’s Beyond is a visionary innovator in immersive storytelling, sitting at the intersection of three potential high growth business opportunities: content, technology, and experiences. Falcon’s Beyond propels intellectual property (IP) activations concurrently across physical and digital experiences through three core business units: Falcon’s Creative Group creates master plans, designs attractions and experiential entertainment, and produces content, interactives, and software. Falcon’s Beyond Destinations develops a diverse range of entertainment experiences using both Falcon’s Beyond owned and third party licensed intellectual property, spanning location-based entertainment, dining, and retail. Falcon’s Beyond Brands endeavors to bring brands and intellectual property to life through animation, movies, licensing and merchandising, gaming as well as ride and technology sales. Falcon’s Beyond also invents immersive rides, attractions, and technologies for entertainment destinations around the world. FALCON’S BEYOND and its related trademarks are owned by Falcon’s Beyond. Falcon’s is headquartered in Orlando, Fla. Learn more at falconsbeyond.com. Falcon’s Beyond may use its website as a distribution channel of material Company information. Financial and other important information regarding the Company is routinely accessed through and posted on our website at https://investors.falconsbeyond.com. In addition, you may automatically receive email alerts and other information about Falcon’s when you enroll your email address by visiting the Email Alerts section at https://investors.falconsbeyond.com. Cautionary Note Regarding Forward-Looking Statements This press release contains statements that are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. When used in this press release, words such as "will," "would", "aim", enhances", "expanding", "diversify", "deepen", "forge", "building", "delivers", "exceptional" and similar expressions identify forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking. Forward-looking statements are subject to risks and uncertainties that could cause actual results to differ from those expressed in or implied by the forward-looking statements, including (1) any failure to realize the anticipated benefits of the acquisition of OES, (2) risks related to legacy OES products and our ability to service such products, (3) the risk that the OES acquisition, integration of the OES personnel we hired, and efforts to grow Falcon’s Attractions disrupts our other operations, (4) our ability to grow current and future potential customer relationships (5) our ability to sustain our growth, effectively manage our anticipated future growth, and implement our business strategies to achieve the results we anticipate, (6) our current liquidity resources raise substantial doubt about our ability to continue as a going concern (7) impairments of our intangible assets and equity method investment in our joint ventures, (8) our ability to raise additional capital, (9) the closure of Katmandu Park DR and the repositioning and rebranding of our FBD business, (6) the success of our growth plans in FCG, (10) our customer concentration in FCG, (11) the risk that contractual restrictions relating to the Strategic Investment may affect our ability to access the public markets and expand our business, (12) the risks of doing business internationally, including in the Kingdom of Saudi Arabia, (13) our indebtedness, (14) our dependence on strategic relationships with local partners in order to offer and market our products and services in certain jurisdictions, (15) our reliance on our senior management and key employees, and our ability to hire, train, retain, and motivate qualified personnel, (16) our reliance on our senior management and key employees, and our ability to hire, train, retain, and motivate qualified personnel, (17) cybersecurity-related risks, (18) our ability to protect our intellectual property, including the intellectual property purchased from OES, (19) our ability to remediate identified material weaknesses in our internal controls over financial reporting, (20) the concentration of share ownership and the significant influence of the Demerau Family and Cecil D. Magpuri, (21) the outcome of pending, threatened and future legal proceedings, (22) our continued compliance with Nasdaq continued listing standards, (23) risks related to our Up-C entity structure and the fact that we may be required to make substantial payments to certain unitholders under our Tax Receivable Agreement, and (24) the risks disclosed under the caption "Risk Factors" in the Company’s most recent Annual Report on Form 10-K, and the Company’s other filings with the Securities and Exchange Commission. The forward-looking statements herein speak only as of the date of this press release, and the Company undertakes no obligation to publicly update or revise any forward-looking statement as a result of new information, future events or otherwise, except as otherwise required by law. Use and Definition of Non-GAAP Financial Measure We prepare our consolidated financial statements in accordance with US GAAP. In addition to disclosing financial results prepared in accordance with US GAAP, we disclose information regarding Adjusted EBITDA which is a non-GAAP measure. We define Adjusted EBITDA as net income (loss), determined in accordance with US GAAP, for the period presented, before net interest and expense, income tax expense, depreciation and amortization, transaction expenses related to the business combination, credit loss expense related to the closure of the Sierra Parima Katmandu Park, share of equity method investee’s impairment of fixed assets, impairment of equity method investments, change in fair value of warrant liabilities, change in fair value of earnout liabilities, intangible asset impairment loss, and gain on deconsolidation of FCG. We believe that Adjusted EBITDA is useful to investors as it eliminates the non-cash depreciation and amortization expense that results from our capital investments and intangible assets recognized in any business combination and improves comparability by eliminating the interest expense associated with our debt facilities, and eliminating the change in fair value of warrant and earnout liabilities, which may not be comparable with other companies based on our structure. Adjusted EBITDA has limitations as an analytical tool, and you should not consider it in isolation, or as a substitute for analysis of our results as reported under US GAAP. Some of these limitations are (i) it does not reflect our cash expenditures, or future requirements for capital expenditures or contractual commitments, (ii) it does not reflect changes in, or cash requirements for, our working capital needs, (iii) it does not reflect interest expense, or the cash requirements necessary to service interest or principal payments, on our debt, (iv) although depreciation and amortization are non-cash charges, the assets being depreciated and amortized will often have to be replaced in the future, and Adjusted EBITDA does not reflect any cash requirements for such replacements, (v) it does not adjust for all non-cash income or expense items that are reflected in our statements of cash flows, and (vi) other companies in our industry may calculate these measures differently than we do, limiting their usefulness as comparative measures.   View source version on businesswire.com: https://www.businesswire.com/news/home/20250515051967/en/ Contacts Media Relations: Kathleen Prihoda, Falcon’s Beyond: [email protected] Investor Relations: [email protected]

Company Reports Consolidated Revenue of $1.4 Million for Q4 and $6.7 Million for the full year Company's Unconsolidated Subsidiary, Falcon's Creative Group, Q4 Revenue of $9.4 Million marked a 195% increase year-over-year and $53.2 Million for the full year achieving a 136% increase year-over-year Company's Unconsolidated Joint Venture, Producciones de Parques, generated Q4 revenue of $9.1 Million and full year revenue of $45.7 Million ORLANDO, Fla., April 03, 2025--(BUSINESS WIRE)--Falcon’s Beyond Global, Inc. (Nasdaq: FBYD) ("Falcon’s Beyond", "Falcon’s" or the "Company"), a visionary leader in innovative and immersive storytelling through its divisions Falcon’s Creative Group ("FCG"), Falcon’s Beyond Destinations ("FBD"), and Falcon’s Beyond Brands ("FBB") today reported its financial results for the fourth quarter 2024 and fiscal year ended December 31, 2024. Fourth Quarter 2024 Financial Results Revenue: Falcon’s Beyond generated consolidated revenues of $1.4 million for the three-month period ended December 31, 2024, representing fees for corporate and shared services earned from its FCG division and management fees from its Producciones de Parques, S.L. ("PDP") 50:50 joint venture with Melia Hotels Int’l. FCG recorded revenues of $9.4 million in the three-month period ended December 31, 2024, representing an increase of $4.6 million, or 195%, over the corresponding period of 2023. FCG recorded an operating loss of ($4.1) million and a net loss of ($4.7) million in the three-month period ended December 31, 2024, compared with an operating loss of ($5.1) million and net loss of ($4.7) million for the corresponding 2023 period. After the Qiddiya Investment Company (QIC) preferred return and amortization of basis difference, Falcon’s Beyond’s net loss from FCG was $(6.3) million in the three-month period ended December 31, 2024. PDP recognized revenues of $9.1 million in the three-month period ended December 31, 2024, a $0.4 million increase over the corresponding period of 2023, primarily due to increases in occupancy and rates at the Tenerife property. Income from operations increased $7.1 million to $1.3 million for the three-month period ended December 31, 2024, compared with an operating loss of $6.0 million for the corresponding period of 2023. Net income increased $7.1 million to $0.3 million for the three-month period ended December 31, 2024, compared with a $6.8 million net loss in the corresponding 2023 period. Results for the three-month period ended December 31, 2023, included a $5.4 million impairment of fixed assets related to the Tenerife property. Falcon’s Beyond’s share of income was $0.2 million from PDP for three-month period ended December 31, 2024. Net Income: Falcon’s Beyond’s consolidated net loss decreased by $404.7 million to $(11.9) million for the three-month period ended December 31, 2024, over a net loss of $(416.6) million for the corresponding 2023 period, primarily driven by a $345.4 million year-over-year change in fair value of earnout liabilities, a $15.7 million decrease in losses from operations, a $42.7 million decrease in share of losses from equity method investments, and a $3.8 million year-over-year change in fair value of warrant liabilities, partially offset by a $2.1 million increase in unrealized foreign currency transactional losses and $0.8 million increase in other expenses. EBITDA: Falcon's Beyond's adjusted EBITDA(1) loss increased $1.5 million to $(12.0) million loss for the three-month period ended December 31, 2024, compared with $(10.5) million loss for the three-month period ended December 31, 2023. Adjusted EBITDA loss for the three months ended December 31, 2023, primarily driven by a $2.7 million increase in net corporate expense, and a $1.4M increase in unrealized foreign currency transactional losses, partially offset by a $2.6 million decrease in share of losses from equity method investments. Fiscal 2024 Results Revenue: Falcon’s Beyond generated consolidated revenues of $6.7 million for the year ended December 31, 2024, representing fees for corporate and shared services earned from its FCG division and management fees from its Producciones de Parques, S.L. ("PDP") 50:50 joint venture with Melia Hotels Int’l. FCG recorded revenues of $53.2 million in the year ended December 31, 2024, representing an increase of $30.6 million, or 136%, over 2023. FCG recorded an operating loss of ($0.1) million and a net loss of ($0.5) million in the year ended December 31, 2024, compared with an operating loss of ($12.6) million and net loss of ($12.5) million for the corresponding 2023 period. After the Qiddiya Investment Company (QIC) preferred return and amortization of basis difference, Falcon’s Beyond’s net loss from FCG was ($6.4) million in the year ended December 31, 2024. As of December 31, 2024, the contracted pipeline for FCG was $36.4 million. PDP recognized revenues of $45.7 million in the year ended December 31, 2024, a $4.4 million increase over the 2023, primarily due to increases in occupancy and rates at the Tenerife and Mallorca properties. Income from operations increased $9.8 million to $9.9 million for the year ended December 31, 2024, and net income increased $8.8 million to $5.8 million, as compared with a net loss of $(3.0) million for 2023. Falcon’s Beyond’s share of income was $2.9 million from PDP for the year ended December 31, 2024. Net Income: Falcon’s Beyond’s consolidated net income increased by $580.4 million to $149.5 million for the year ended December 31, 2024, compared with a net loss of ($430.9) million the year ended December 31, 2023, primarily driven by a $517.7 million year over year change in fair value of earnout liabilities, a $41.3 million decrease in losses from operations, a $49.3 million decrease in share of losses from equity method investments, and a $2.1 million year-over year change in fair value of warrant liabilities, partially offset by a $27.4 million gain from deconsolidation of FCG in the prior year, and a $2.6 million increase in other expenses. EBITDA: Falcon's Beyond's adjusted EBITDA(1) increased $13.1 million to ($20.0) million loss for the year ended December 31, 2024, compared with ($33.1) million loss for the year ended December 31, 2023, primarily driven by a $9.2 million decrease in share of loss from equity method investments, a $2.2 million decrease in operating losses from the deconsolidated FCG business in July 2023, and a $1.7 million decrease in corporate expenses. Other Business Highlights Stock Dividend Issued to Shareholders: On September 30, 2024, the Board declared a stock dividend of 0.2 shares of Class A Common Stock per share of Class A Common Stock outstanding to stockholders of record as of December 10, 2024 (the "Stock Dividend"). The Stock Dividend was distributed on December 17, 2024. Additionally, as a result of the Stock Dividend, holders of Class B Common Stock received a stock dividend of 0.2 shares of Class B Common Stock per share of Class B Common Stock outstanding, and the issued and outstanding Falcon’s Opco common units of Falcon’s Beyond Global, LLC ("Falcon’s Opco")were adjusted to reflect the same economic equivalent of the Stock Dividend. Restricted stock units and other equity awards were similarly adjusted in accordance with their terms. The Company’s warrant exercise price was also adjusted from $11.50 per share to $9.58 per share upon payment of the Stock Dividend, until the effective date of the Warrant Agreement Amendment, described below. A total of 2,013,326 shares of Class A Common Stock and 11,469,323 shares of Class B Common Stock were issued on December 17, 2024, in connection with the Stock Dividend. Warrant Agreement Amendment and Exchange: This initiative simplified the Company’s capital structure by providing Warrant holders conversion of their holdings into equity in Falcon’s Beyond at a fixed exchange rate. The mandatory exchange of Warrants takes place on October 6, 2028 (the "Exchange Date") for shares of the Company’s Class A common stock, par value $0.0001 per share ("Class A Common Stock") at an exchange ratio of 0.25 shares of Class A Common Stock per Warrant (the "Exchange Ratio"). The mandatory exchange was pursuant to an amendment which became effective on January 14, 2025, authorized by holders of more than 50% of the Warrants. After the effectiveness of the Warrant Agreement Amendment and until the Exchange Date, the warrants, as amended by the Warrant Agreement Amendment, will not be exercisable and the holders of the warrants will have no further rights except to receive shares of Class A Common Stock at the Exchange Ratio on the Exchange Date. "2024 has been a transformative year for Falcon’s Beyond, setting the foundation for our most ambitious growth yet. As we move into fiscal 2025, we are energized by the momentum we’ve built and the exciting opportunities ahead. We aim to expand our global footprint, strengthen our IP-driven experiences, and accelerate strategic partnerships. Our unwavering commitment to delivering value for our shareholders drives everything we do as we execute on our long-term vision," remarked Simon Philips, President of Falcon’s Beyond." About Falcon’s Beyond Falcon’s Beyond is a visionary innovator in immersive storytelling, sitting at the intersection of three potential high growth business opportunities: content, technology, and experiences. Falcon’s Beyond propels intellectual property (IP) activations concurrently across physical and digital experiences through three core business units: Falcon’s Creative Group creates master plans, designs attractions and experiential entertainment, and produces content, interactives, and software. Falcon’s Beyond Destinations develops a diverse range of entertainment experiences using both Falcon’s Beyond owned and third party licensed intellectual property, spanning location-based entertainment, dining, and retail. Falcon’s Beyond Brands endeavors to bring brands and intellectual property to life through animation, movies, licensing and merchandising, gaming as well as ride and technology sales. Falcon’s Beyond also invents immersive rides, attractions, and technologies for entertainment destinations around the world. FALCON’S BEYOND and its related trademarks are owned by Falcon’s Beyond. Falcon’s is headquartered in Orlando, Fla. Learn more at falconsbeyond.com. Falcon’s Beyond may use its website as a distribution channel of material Company information. Financial and other important information regarding the Company is routinely accessed through and posted on our website at https://investors.falconsbeyond.com. In addition, you may automatically receive email alerts and other information about Falcon’s when you enroll your email address by visiting the Email Alerts section at https://investors.falconsbeyond.com. Cautionary Note Regarding Forward-Looking Statements This press release contains statements that are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. When used in this press release, words such as "will," "would", "aim" and similar expressions identify forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking. Forward-looking statements are subject to risks and uncertainties that could cause actual results to differ from those expressed in or implied by the forward-looking statements, including (1) our ability to sustain our growth, effectively manage our anticipated future growth, and implement our business strategies to achieve the results we anticipate, (2) our current liquidity resources raise substantial doubt about our ability to continue as a going concern (3) impairments of our intangible assets and equity method investment in our joint ventures, (4) our ability to raise additional capital, (5) the closure of Katmandu Park DR and the repositioning and rebranding of our FBD business, (6) the success of our growth plans in FCG, (7) our customer concentration in FCG, (8) the risk that contractual restrictions relating to the Strategic Investment may affect our ability to access the public markets and expand our business, (9) the risks of doing business internationally, including in the Kingdom of Saudi Arabia, (10) our indebtedness, (11) our dependence on strategic relationships with local partners in order to offer and market our products and services in certain jurisdictions, (12) our reliance on our senior management and key employees, and our ability to hire, train, retain, and motivate qualified personnel, (13) cybersecurity-related risks, (14) our ability to protect our intellectual property, (15) our ability to remediate identified material weaknesses in our internal controls over financial reporting, (16) the concentration of share ownership and the significant influence of the Demerau Family and Cecil D. Magpuri, (17) the outcome of pending, threatened and future legal proceedings, (18) our continued compliance with Nasdaq continued listing standards, (19) risks related to our Up-C entity structure and the fact that we may be required to make substantial payments to certain unitholders under our Tax Receivable Agreement, and (20) the risks disclosed under the caption "Risk Factors" in the Company’s most recent Annual Report on Form 10-K, and the Company’s other filings with the Securities and Exchange Commission. The forward-looking statements herein speak only as of the date of this press release, and the Company undertakes no obligation to publicly update or revise any forward-looking statement as a result of new information, future events or otherwise, except as otherwise required by law. Use and Definition of Non-GAAP Financial Measure We prepare our consolidated financial statements in accordance with US GAAP. In addition to disclosing financial results prepared in accordance with US GAAP, we disclose information regarding Adjusted EBITDA which is a non-GAAP measure. We define Adjusted EBITDA as net income (loss), determined in accordance with US GAAP, for the period presented, before net interest and expense, income tax expense, depreciation and amortization, transaction expenses related to the business combination, credit loss expense related to the closure of the Sierra Parima Katmandu Park, share of equity method investee’s impairment of fixed assets, impairment of equity method investments, change in fair value of warrant liabilities, change in fair value of earnout liabilities, intangible asset impairment loss, and gain on deconsolidation of FCG. We believe that Adjusted EBITDA is useful to investors as it eliminates the non-cash depreciation and amortization expense that results from our capital investments and intangible assets recognized in any business combination and improves comparability by eliminating the interest expense associated with our debt facilities, and eliminating the change in fair value of warrant and earnout liabilities, which may not be comparable with other companies based on our structure. Adjusted EBITDA has limitations as an analytical tool, and you should not consider it in isolation, or as a substitute for analysis of our results as reported under US GAAP. Some of these limitations are (i) it does not reflect our cash expenditures, or future requirements for capital expenditures or contractual commitments, (ii) it does not reflect changes in, or cash requirements for, our working capital needs, (iii) it does not reflect interest expense, or the cash requirements necessary to service interest or principal payments, on our debt, (iv) although depreciation and amortization are non-cash charges, the assets being depreciated and amortized will often have to be replaced in the future, and Adjusted EBITDA does not reflect any cash requirements for such replacements, (v) it does not adjust for all non-cash income or expense items that are reflected in our statements of cash flows, and (vi) other companies in our industry may calculate these measures differently than we do, limiting their usefulness as comparative measures.   View source version on businesswire.com: https://www.businesswire.com/news/home/20250403240279/en/ Contacts Media Relations: Kathleen Prihoda, Falcon’s Beyond: [email protected] Investor Relations: [email protected]