Alliance Entertainment to Host Investor and Analyst Tours at its Warehouse in Shepherdsville, Kentucky on Thursday, May 16, 2024 - Seite 2

Space is limited and registration is required. For more details and to register for the event, investors and analysts should contact [e-mail] or call Chris Tyson at [phone].

Date & Time		Agenda
Thursday, May 16, 2024		9:30 AM	Arrival & Coffee
9:30 a.m. ET to 1:45 p.m. ET		9:45 AM	Management Presentation and Q&A
		11:15 AM	Warehouse Tours
Location		12:15 PM	Lunch & Investor 1x1’s
300 Omicron Ct,		1:45 PM	Day Concludes
Shepherdsville, KY 40165

Alliance Entertainment’s warehouse is conveniently located a short drive south of Louisville, KY and the Louisville International Airport (SDF). Overnight guests will be provided a discounted rate at the Fairfield Inn & Suites by Marriott Louisville Shepherdsville.

Alliance Entertainment announced in February fiscal second quarter 2024 revenue of $425.6 million, gross profit up 128% to $47.7 million on profitable sales strategy, net income of $8.9 million driven by strategic and financial improvements, and Adjusted EBITDA of $17.9 million. Consumer Direct Shipments (CDF) grew to 45% of gross sales revenue for the fiscal second quarter compared to 37% in the year-ago period, totaling 2.3 million shipments of 5.3 million units. The Company believes it has reached an inflection point through investing in operations and proprietary technology with a shift toward larger scale automation, and a strategic focus on profitable sales. Alliance Entertainment continues to expand and diversify by adding brands, product categories, and retail partnerships to build a strong pipeline.

About Alliance Entertainment

Alliance Entertainment (NASDAQ: AENT) is a premier distributor of music, movies, toys, collectibles, and consumer electronics. We offer over 325,000 unique in stock SKU’s, including over 57,300 exclusive compact discs, vinyl LP records, DVDs, Blu-rays, and video games. Complementing our vast media catalog, we also stock a full array of related accessories, toys and collectibles. With more than thirty-five years of distribution experience, Alliance Entertainment serves customers of every size, providing a robust suite of services to resellers and retailers worldwide. Our efficient processing and essential seller tools noticeably reduce the costs associated with administrating multiple vendor relationships, while helping omni-channel retailers expand their product selection and fulfillment goals. For more information, visit www.aent.com.