Malta International Airport Plc

Earnings Release • Sep 7, 2022

COMPANY ANNOUNCEMENT

Malta International Airport plc (the "Company")

August Traffic Results

Date of Announcement 7 September 2022 Reference 372/2022 In terms of Chapter 5 of the Capital Market Rules

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TRAFFIC ROUND-UP

Malta International Airport's traditionally busiest month lived up to expectations, with last August's passenger movements exceeding the 700,000 mark for the first time since 2019.

A total of 712,122 passengers travelled through Malta International Airport in August, marking a recovery of 86.5 per cent of pre-pandemic traffic. This result was registered on the back of a recovery of 84.2 per cent in seat capacity.

The seat load factor (SLF), measuring the occupancy of the seats available on flights operated to and from Malta, reached an all-time high of 90.4 per cent, translating to an increase of 2.4 per cent compared to August 2019.

The peak in traffic observed on August 21 was followed by a shift brought about by some drops in the load factors as the month's holiday rush slowed down.

TOP MARKETS

The top drivers of traffic for the month were Italy, the United Kingdom, France, Germany and Spain, cumulatively accounting for 67 per cent of August's passenger numbers. While the United Kingdom and Germany featured among the top five markets, the number of passengers travelling to and from these markets remained significantly below 2019 levels.

On the other hand, a look at the top 10 markets for August reveals that Italy, France, Poland, Switzerland, Greece and Austria all registered different levels of growth over the reference year. At 44 per cent, the Greek market registered the most significant growth, which was driven by solid connections to three airports offered by two different airlines.

France was the second fastest-growing market with an increase of 34 per cent in passenger movements. Malta International Airport is currently connected to nine French airports through flights operated by five airlines.

UNQUOTE

Signed: Louis de Gabriele

Company Secretary

About Malta International Airport

2022 marks 30 years since the new Malta International Airport terminal building was inaugurated, ushering in an exciting era for tourism and the local aviation industry. Between 2002 – the year when the airport was privatised – and 2021, more than 75 million passengers travelled through the terminal building.

The building, which was originally designed with the aim of eventually handling 2.5 million passengers annually, saw a record 7.3 million passengers in 2019 alone, before COVID-19 slashed this number in 2020.

The terminal's continuous evolution, particularly through an investment of more than €30 million in two extensions together with a more recent €12 million reconfiguration, and the Company's vision of service excellence, led to Malta International Airport being awarded the 'Best Airport in Europe' accolade by Airports Council International in 2018, 2019 and 2020.