Malta International Airport Plc

Earnings Release • Dec 6, 2019

COMPANY ANNOUNCEMENT

Malta International Airport plc (the "Company")

Traffic Results - November 2019

Date of Announcement 6 December 2019

Reference 313/2019

In terms of Chapter 5 of the Listing Rules

QUOTE

The winter season was off to a strong start at Malta International Airport, with November registering an increase of 8.7 per cent in passenger movements over the same month last year.

November's growth rate was, in fact, one of the strongest year-to-date increases, auguring well for Malta International Airport's strategy of stimulating further traffic growth in the off-peak months.

During the month of November, Malta International Airport registered 493,201 passenger movements on the back of increases in both aircraft movements (+8.5 per cent) and seat capacity (+10.1 per cent). Seat load factor (SLF) for the month stood at 78.1 per cent.

The top markets for November were the United Kingdom (-1.0 per cent), Italy (+4.3 per cent), Germany (-7.4 per cent), France (+19.2 per cent), and Spain (+23.2 per cent). The growth rates posted by the Italian and Spanish markets can be partly attributed to the introduction of the Trieste and Santiago de Compostela routes for the season.

In addition to these routes, Malta International Airport launched another two routes – Paphos in Cyprus and Nis in Serbia – as part of its winter flight schedule. Cumulatively, the airport's four new routes contributed just over 10,460 passenger movements to total traffic for November.

UNQUOTE

About Malta International Airport

Malta International Airport connects the Maltese archipelago to over 100 destinations in more than 30 countries. Being Malta's only air terminal, the airport hosts more than six million passengers annually, of which the majority are inbound tourists. To be able to cater for an ever-increasing number of passengers, the company has consistently invested in the terminal since the airport's privatisation in 2002, with the Terminal Reconfiguration Project set to be completed in 2018 bringing about the most recent overhaul. The airport campus itself has grown to provide over 1,500 parking spaces, and 14,000m² of office and retail space housed within SkyParks Business Centre, with projects in the offing set to bring about further expansion. The airport team is guided by a vision of service excellence, which has landed MIA among the top five airports in ACI's prestigious Airport Service Quality Awards for the past nine years. To maximise its contribution to Malta's cultural heritage and environment, MIA set up the Malta Airport Foundation, an independently run non-profit organisation, which will be unveiling three projects in 2018.

Malta International Airport plc is a public company listed on the Malta Stock Exchange, with its shareholders being the Malta Mediterranean Link Consortium (40%), with Flughafen Wien AG owning a 96% share, the Government of Malta (20%), the general public (29.9%), and VIE Malta Limited (10.1%).

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