Investor Presentaiton

Growth potential - MICE market The number of outbound MICE travelers from India and China was at 2 million and 5 million (pre-pandemic). Colombo is well poised to take advantage of the growing outbound MICE travel from India. The ARR and Conference Package Rate is lower in Colombo than India. Travel time from India to Colombo is the lowest compared to regional competitors. Budget carriers to reduce cost of air travel. India also has a booming outbound destination wedding market. ◉ Thailand attracts ~300 Indian destination wedding each year. John Keells Group 25

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