Malta International Airport Plc

Environmental & Social Information • May 24, 2018

COMPANY ANNOUNCEMENT Malta International Airport plc (the "Company") Announces New Collective Agreement

Date of Announcement	24th May 2018
Reference	280/2018

QUOTE

Malta International Airport plc announces that it has finalised a new collective agreement for all employee grades within the company. The collective agreement provides amongst others employees with year on year increases in salaries equivalent to a 17.5% increase by year 2022; a more efficient shift structure enabling the company increased flexibility to better manage the ever changing demands of the airport; and annual performance bonuses linked to enhanced quality management and the attainment of the company's strategic goals. The agreement covers the period 1 January 2018 up to the 31 December 2022.

UNQUOTE

Signed:

Louis de Gabriele COMPANY SECRETARY

About Malta International Airport

Malta International Airport is the only airport serving the Maltese islands, connecting the tiny island state to more than 80 destinations through over 30 partner airlines. With 97% of all Malta's tourists flying through it, the airport handles more than 6 million passengers annually, as well as over 16,000 tonnes of cargo. The airport's existent terminal has been in operation for the past 26 years, during which time it has grown to support over 4,000 airport jobs, accommodate 45 retail and catering outlets, and provide parking for over 1,500 cars. In 2017, Malta International Airport ranked amongst the top five European airports in ACI's Airport Service Quality survey for the seventh consecutive year, and in 2016 it was awarded a prestigious 4-star rating by Skytrax. Malta International Airport owns SkyParks Business Centre, an eco-certified building that provides nearly 10,000m² of office space and 4,000m² of retail and amenities. To maximise its contribution to Malta's cultural heritage and environment, Malta International Airport set up the Malta Airport Foundation in 2015, an independently run non-profit organisation.

For more information, visit www.maltairport.com. Alternatively, follow us on Facebook (facebook.com/maltairport).