Malta International Airport Plc

Earnings Release • Feb 12, 2024

COMPANY ANNOUNCEMENT

Malta International Airport plc (the "Company")

January Traffic Results

Date of Announcement 12 February 2024 Reference 401/2024 In terms of Chapter 5 of the Capital Market Rules

QUOTE

Malta International Airport welcomed 465,482 passengers in the first month of 2024, exceeding the 400,000-passenger mark in January for the first time since 2020.

Passenger movements through Malta International Airport registered an upswing of 22.7 per cent over 2023, with traffic peaking on January 6th. The day brought the hectic holiday travel season to a close, as 151 flights carried 23,923 passengers to and from Malta International Airport.

Aircraft movements totalled 3,511 in January, corresponding to a 23.4 per cent growth when compared with the same month in 2023. While seat capacity increased by 27.4 per cent over the reference year, load factor registered a drop of 2.8 percentage points, as average occupancy on flights stood at 74 per cent.

The top driver of traffic for January was Italy (+24 per cent over 2023) with a market share of almost 23 per cent, followed by the United Kingdom (+23 per cent), Poland (+59 per cent), Germany (+30 per cent) and France (-20 per cent).

The most significant growth was observed in the Polish market, which has continued to grow steadily over the past years, overtaking Spain, France and Germany to become Malta International Airport's third largest market in January 2024. Improved frequencies on flights to Polish destinations operated by Ryanair and Wizz Air for the winter season led the market to grow by 59 per cent year-on-year, with the Polish market accounting for c. 10% per cent of all passenger movements last month.

Malta Ranks Among Top Performing Airports in Europe for 2023

In a report published by Airports Council International (ACI) earlier this month regarding the fullyear performance of airports across Europe for 2023, Malta International Airport ranked among the top five performing airports within the EU+ region.

Outperforming its peers in Spain and Italy, Malta placed fourth after registering full-year traffic growth of 6.7 per cent over 2019. Within the same market segment, Portugal (+12.2 per cent) and Greece (+12.1 per cent) placed first and second, respectively, while Iceland placed third with 6.9 per cent growth.

UNQUOTE

Signed:

Louis de Gabriele Company Secretary

About Malta International Airport

As Malta's sole air terminal, Malta International Airport connects the Maltese archipelago to over 100 destinations. In 2023, the airport welcomed 7.8 million passengers, marking a growth of 6.7% in passenger traffic over 2019.

The airport team is guided by a vision of service excellence, which has led MLA to clinch the title 'Best Airport in Europe' for 2018, 2019, 2020, 2021 and 2022. To uphold this reputation and to be able to cater for an ever-increasing number of passengers, the company has consistently invested in the airport campus since the airport's privatisation in 2002.

The company announced a five-year investment programme totalling €250 million in 2023, aimed at enhancing the airport's infrastructure and ensuring that Malta International Airport can seamlessly handle increasing volumes of passengers, whilst reaching its environmental targets and continuing to develop the airport campus.

Apart from these notable investments into the airport's infrastructure, Malta International Airport also invests into the Maltese Islands' cultural heritage and environment through the Malta Airport Foundation which will be celebrating its 10th year anniversary this year.

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%).