Malta International Airport Plc

Earnings Release • Apr 12, 2023

COMPANY ANNOUNCEMENT

Malta International Airport plc (the "Company")

March and Q1 2023 Traffic Results

Date of Announcement 12 April 2023 Reference 385/2023 In terms of Chapter 5 of the Capital Market Rules

QUOTE

March brought Malta International Airport's busiest ever first quarter to a close, during which 1,245,525 passengers walked through the terminal's doors. Of this total, 487,117 passenger movements were registered in March, marking an increase of two per cent over pre-pandemic figures.

This upward trend has been driven by the release of pent-up demand for air travel, which has also been reflected in high seat load factors (SLF) over the past months. Gaining 2.2 per cent over 2019 levels, the SLF for March stood at 83.5 per cent.

Italy, the United Kingdom, Germany, France and Poland were the most popular markets, accounting for 63 per cent of March traffic. Out of these top five markets, the United Kingdom and Germany continued to perform below 2019 levels, while the other three markets registered different levels of growth.

A closer look at Germany's performance shows that, while passenger numbers to and from this market remained below pre-pandemic levels, an improved SLF of 90 per cent helped it overtake France to rank third. Malta's connectivity with Germany will be further strengthened this summer through three routes on top of those offered last winter, which are expected to bolster the performance of this market.

Malta International Airport's newly launched summer flight schedule can be downloaded here.

UNQUOTE

Signed:

Louis de Gabriele Company Secretary

About Malta International Airport

Malta International Airport welcomed 5.8 million passengers in 2022, marking a recovery of 80 per cent of the record traffic it had handled in 2019.

The company's continued investment in the terminal building has brought about several improvements over the years, the most r ecent of which was the inauguration of a new Food Court, which has widened the food and beverage offering at the airport. In 2020, Malta International Airport inaugurated Park East, a multi-storey car park that has increased the number of parking spaces on the airport campus to 2,700. Additionally, 14,000m² of office and retail space are housed within SkyParks Business Centre, with the SkyParks 2 project that is in the offing set to bring about further expansion in this regard.

The airport team is guided by a vision of service excellence, which has led MLA to clinch the title 'Best Airport in Europe' in 2018, 2019, 2020 and 2021. Malta International Airport has been working towards operating in a more sustainable manner for the past years, particularly toward s achieving net zero carbon emissions by 2050 through better energy management. In 2014, Malta International Airport established the Malta Airport Foundation, which invests in the Maltese Islands' cultural heritage and environment through several collabor ations and initiatives.

Malta International Airport plc is a public company listed on the Malta Stock Exchange, with its shareholde rs 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%).