Malta International Airport p l c : Q1 2022 Traffic Results

COMPANY ANNOUNCEMENT

Malta International Airport plc (the "Company")

Q1 2022 Traffic Results

Date of Announcement

Reference

11 April 2022 363/2022

In terms of Chapter 5 of the Listing Rules

QUOTE

Malta International Airport welcomed 316,713 passengers in March, with this number bringing the traffic for the first quarter of 2022 up to nearly 673,000 passenger movements. This quarterly total was 44.1 per cent below the traffic handled by the airport during the same period in 2019.

The number of seats available on flights to and from Malta remained 35.4 per cent below pre-pandemic levels, while the seat load factor (SLF), which measures the occupancy of these seats, averaged at 65.5 per cent for the first quarter of the year. This seat load factor was 10.2 per cent below 2019 levels.

Malta International Airport's market leaderboard for the first three months of the year saw the Italian market occupy the top spot with just under 125,000 passenger movements registered. The

United Kingdom followed with nearly 119,000 passenger movements, while France, Germany and Poland registered a cumulative total of 174,838 passenger movements.

Out of these top five markets, the United Kingdom and Poland announced the lifting of COVID-19 restrictions on travel to the respective countries in March. A total of 14 countries that are currently connected to Malta International Airport has so far completely removed their restrictions.

While the European airport group's results for the first quarter of 2022 are not available yet, results for January and February show that Malta was still recovering at a slower pace than its direct competitors.

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.