Malta International Airport Plc

Regulatory Filings • Dec 7, 2022

COMPANY ANNOUNCEMENT

Malta International Airport plc (the "Company")

November Traffic Results

Date of Announcement 7 December 2022 Reference 376/2022 In terms of Chapter 5 of the Capital Market Rules

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TRAFFIC ROUND-UP

Malta International Airport's November traffic amounted to 433,621 passengers. This total translates to a recovery of 87.9 per cent of pre-pandemic traffic, which is the strongest recovery rate Malta International Airport has registered so far.

The number of seats available on flights to and from Malta International Airport remained at 19.9 per cent below 2019 levels. On the other hand, the seat load factor (SLF) gained 7.7 percentage points, reaching an all-time high occupancy rate for November of 85.8 per cent.

PERFORMANCE OF TOP MARKETS

Malta International Airport's top five markets remained unchanged from October, with Italy topping the leaderboard for the ninth consecutive month. In contrast with previous months which had seen Italy register growth over pre-pandemic numbers, in November, the Italian market suffered a drop of 8.2 per cent in passenger numbers which was mainly due to a decrease in seat capacity.

Italy was followed by the United Kingdom and Germany, both of which continued to recover at a slow pace. France and Poland, which ranked fourth and fifth, registered growth of 33.8 per cent and 39.8 per cent respectively compared to 2019 levels.

The Polish market achieved a high seat load factor (SLF) of 91 per cent despite an increase in seat capacity over 2019, and was one of five markets in the top 10 drivers of passenger traffic for November to exceed the 90 per cent mark.

MALTA INTERNATIONAL AIRPORT'S WINTER SCHEDULE

The airport's winter schedule officially came into effect in November, with one of the highlights for the month being the return of Air Serbia following the airline's temporary suspension of services at the onset on the pandemic.

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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.