Malta International Airport Plc

Business and Financial Review • Mar 10, 2021

COMPANY ANNOUNCEMENT

Malta International Airport plc (the "Company")

February Traffic Results

Date of Announcement 10 March 2021 Reference 344/2021 In terms of Chapter 5 of the Listing Rules

QUOTE

In February, passenger traffic through Malta International Airport dipped to an all-time low since the airport's reopening to commercial flights in July 2020.

Totalling just 27,524 passenger movements, February traffic registered a drop of 93.5 per cent over the same month in 2020. From among the airport's top 10 markets, the United Kingdom registered the largest drop in passenger numbers as a ban restricting travel between the two countries remained in place.

"If the industry is to see the predicted signs of recovery by the start of summer, urgent and coordinated stakeholder action, which would allow the safe restart of travel and tourism activities, is needed at national and European levels. While the focus should remain on the effective roll-out of vaccination programmes, other key matters, including health certificates and leveraging mobile technology to enable the reopening of borders, should also be given due importance," said Malta International Airport CEO Alan Borg

Last February marked a year since Malta International Airport first reported the early effects of the Covid-19 pandemic, manifested in declining seat load factors (SLF) - particularly on Italian routes - as the demand for air travel started to wane towards the end of the month.

With consumer confidence and air travel demand remaining particularly low, seat capacity deployed by airlines in February 2021 was at just 10 per cent of February 2020 levels. Standing at 52.5 per cent, last month's seat load factor showed that only just over half the seats available on flights to and from Malta were occupied throughout the month.

UNQUOTE

Signed:

Louis de Gabriele Company Secretary

About Malta International Airport

Being Malta's only air terminal, the airport hosted more than 7 million passengers in 2019, of which the majority were inbound tourists. The company has consistently invested in the terminal since the airport's privatisation in 2002, with the Terminal Reconfiguration Project bringing about the most recent overhaul.

Malta International Airport recently opened its new multi-storey car park – Park East – which has brought the number of parking spaces available on the airport campus up to around 2,700 spaces. Additionally, 14,000m² of office and retail space are housed within SkyParks Business Centre, with projects in the offing set to bring about further expansion in this regard.

The airport team is guided by a vision of service excellence, which led MIA to clinch the title Best Airport in Europe in 2018 and 2019. In November 2020, Malta International Airport won two prestigious titles awarded by ACI: Best Airport and HR Excellence, both in the context of Covid-19.

To maximise its contribution to Malta's cultural heritage and environment, MIA set up the Malta Airport Foundation in 2014; an independently run non-profit organisation.

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%).