Investor Presentaiton

Key Developments in Q4FY19 - Airport Business GAR Cebu Airport Revenue 42% YoY and EBITDA 33% YoY in constant currency terms Tariff reset on commencement of new terminal 2 w.e.f. Jul 1, 2018 Addition of new flights and frequencies Operating performance in INR impacted by ~12% YoY appreciation in INR vs PHP Profitability declined due to recognition of interest cost and depreciation charges Goa Airport . Rehabilitation and resettlement works completed Earth works and substructures works for passenger terminal building and ATC are in progress Working closely with Goa Govt. to resolve pending appeals on the validity of the environment clearances granted Humility | Entrepreneurship I Teamwork and Relationships I Deliver the Promise I Learning and Inner Excellence I Social Responsibility I Respect for Individual 42

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