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 27

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