Malta International Airport Plc

Board/Management Information • Jan 15, 2020

COMPANY ANNOUNCEMENT

Malta International Airport plc (the "Company")

CEO Mr Alan Borg

confirmed for another term

Date of Announcement 15 January 2020 Reference 315/2020 In terms of Chapter 5 of the Listing Rules

QUOTE

Malta International Airport's Board of Directors met earlier today 15th January 2020 and resolved to extend the contract of current Chief Executive Officer Mr Alan Borg for another term until February 2024.

"The renewal of Mr Borg's contract will ensure that continuity is maintained at the highest levels of decision-making at a time when there are several investment projects, which will see the long-term development of the airport campus. We are confident that with Mr Borg at its helm, the Company can continue to deliver solid results," said Board Chairman Mr Nikolaus Gretzmacher.

Mr Borg took on the role of Chief Executive Officer in January 2015, leading the Malta International Airport team with a vision of service excellence and putting the guest experience at the core of the Company's strategy. Between 2015 and 2018, in fact, overall passenger satisfaction registered a year-on-year increase, leading Malta International Airport to win the prestigious 'Best Airport in Europe' award for 2018.

The Board of Directors of the Company shall reconvene on Wednesday 26th February 2020 to consider and approve the Company's Financial Statements for the financial year ended 31st December 2019.

The Board of Directors shall also consider whether to declare and make a recommendation to the Comapny's shareholders for the payment of a dividend.

UNQUOTE

Signed:

Louis de Gabriele COMPANY SECRETARY

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%).