Cedar Fair Wins Two Golden Ticket Awards For 2021

• Schlitterbahn New Braunfels again earns “World’s Best Water Park” and Carowinds Fury 325 tapped as “Best Steel Coaster”

Cedar Fair Entertainment Company (NYSE: FUN), a leader in regional amusement parks, water parks and immersive entertainment, today announced it has earned two honors in Amusement Today’s annual Golden Ticket Awards (GTA). For an unprecedented 23^rd time, Schlitterbahn Waterpark in New Braunfels, Texas, has been recognized as the “World’s Best Water Park,” and for the sixth time, the highly coveted “Best Steel Coaster” award was given to giga coaster Fury 325 at Carowinds in Charlotte, North Carolina.

Presented annually, the prestigious GTA recognize excellence in the amusement park industry. The awards are calculated from an international poll conducted by Amusement Today, an Arlington, Texas-based publication that covers amusement and water park news and trends. A total of 26 rides, attractions and events throughout Cedar Fair’s portfolio of amusement parks and water parks were recognized by the GTA in 2021.

“We’re in the business of making people happy, and it is always an honor and a privilege when that hard work and commitment to serving our guests is recognized,” said Richard A. Zimmerman, Cedar Fair’s president and chief executive officer. “As we saw firsthand throughout the summer, consumers are hungry for more when it comes to family fun and outdoor entertainment, and our parks are ready to deliver. Whether you love a good coaster or water slide plunge, enjoy a live show or want creative, unique food offerings, we have something for everyone.”

Schlitterbahn in New Braunfels is an iconic central Texas property best known for its unique spring-fed river setting and German heritage. With 51 attractions across 70 acres, Schlitterbahn remains a fan favorite and a one-of-a-kind family water park and resort experience.

Once again, Fury 325 at Carowinds won the GTA for best steel coaster. The coaster has won top honors for best new ride and best steel coaster since its debut in 2015. Other Cedar Fair coasters in the top 25 spots in the “Best Steel Coasters in The World” category were: Cedar Point’s Millennium Force, Steel Vengeance, Maverick and Magnum XL-200; Leviathan at Canada’s Wonderland in Vaughan, Ontario; Diamondback at Kings Island; and Intimidator 305 at Kings Dominion; and Intimidator at Carowinds.

Five Cedar Fair wooden coasters were voted into the “Top 25 Wooden Roller Coasters in the World” category, including The Beast and Mystic Timbers at Kings Island; GhostRider at Knott’s Berry Farm in Buena Park, California; Gold Striker at California’s Great America in Santa Clara; and Shivering Timbers at Michigan’s Adventure in Muskegon.

The company’s parks also earned notable rankings in other categories, including: Cedar Point in the “Best Park” category and its Celebrate 150 Spectacular Parade for “Best New Show,” Knott’s Berry Farm and its Knott’s Bear-y Tales Return to the Fair for “Best New Family Attraction;” and Gilroy Gardens in Gilroy, California, in the “Most Beautiful Park” category.

About Cedar Fair

Cedar Fair Entertainment Company (NYSE: FUN), one of the largest regional amusement-resort operators in the world, is a publicly traded partnership headquartered in Sandusky, Ohio. Focused on its mission to make people happy by providing fun, immersive, and memorable experiences, the Company owns and operates 13 properties, consisting of 11 amusement parks, four separately gated outdoor water parks, and resort accommodations totaling more than 2,300 rooms and more than 600 luxury RV sites. Cedar Fair’s parks are located in Ohio, California, North Carolina, South Carolina, Virginia, Pennsylvania, Minnesota, Missouri, Michigan, Texas and Toronto, Ontario.

Forward-Looking Statements

Some of the statements contained in this news release that are not historical in nature constitute “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, including statements as to the Company's expectations, beliefs, goals, and strategies regarding the future. These forward-looking statements may involve risks and uncertainties that are difficult to predict, may be beyond our control and could cause actual results to differ materially from those described in such statements. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable, it can give no assurance that such expectations will prove to be correct, or that the Company's business optimization and growth strategies will achieve the target results. Important factors, including the impacts of the COVID-19 pandemic, general economic conditions, adverse weather conditions, competition for consumer leisure time and spending, unanticipated construction delays, changes in the Company’s capital investment plans and projects and other factors discussed from time to time by the Company in its reports filed with the Securities and Exchange Commission (the “SEC”) could affect attendance at the Company’s parks, as well as the Company's business optimization program, and cause actual results to differ materially from the Company's expectations or otherwise to fluctuate or decrease. Additional information on risk factors that may affect the business and financial results of the Company can be found in the Company's Annual Report on Form 10-K and in the filings of the Company made from time to time with the SEC. The Company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events, information, circumstances or otherwise that arise after the publication of this document.

This news release and prior releases are available under the News tab at http://ir.cedarfair.com

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