International Hotel Investments p l c : Financial Statement for the year ended 2022

2022

ANNUAL REPORT

& Financial Statements

INTERNATIONAL HOTEL INVESTMENTS P.L.C.

BRUSSELS BUCHAREST BUDAPEST DOHA

KHARTOUM LISBON LONDON MALTA NEW YORK PRAGUE ROME

ST PETERSBURG TRIPOLI TUNIS

CORINTHIA GROUP

INTERNATIONAL HOTEL INVESTMENTS P.L.C.

IS A HOTEL AND REAL ESTATE DEVELOPER AND OPERATOR.

OUR FOCUS IS THE ESTABLISHMENT OF CORINTHIA HOTELS AS A GLOBAL LUXURY HOTEL BRAND.

To do this, we acquire, develop, own and operate Corinthia hotels. The Company also develops and manages hotels on behalf of partner owners and investors, and builds, owns and develops for sale - office, retail and residential property.

IHI has an issued capital of €615 million and an asset valuation of €1.544 billion. Listed on the Malta Stock Exchange, IHI was established in 2000 as the public arm of the founding Corinthia business - CPHCL (established in 1962).

Readers are reminded that the official statutory Annual Financial Report 2022, authorised for issue by the Board of Directors, is in European Single Electronic Format (ESEF) and is published on www. corinthiagroup.com. A copy of the Independent auditor's report issued on the official statutory Annual Financial Report 2022, is included within this printed document and comprises the auditor's report on compliance with the requirements of the European Single Electronic Format Regulatory Technical Standard (the ESEF RTS), by reference to Capital Markets Rule 5.55.6.

International Hotel Investments p.l.c.

22, Europa Centre Floriana FRN 1400, Malta. www.corinthiagroup.com

INTERNATIONAL HOTEL INVESTMENTS P.L.C. ANNUAL REPORT & FINANCIAL STATEMENTS 2022 • 1

CONTENTS

P.5

GROUP STRUCTURE

P.6

OUR PORTFOLIO

P.8

BOARD OF DIRECTORS

P.10

CHAIRMAN'S STATEMENT

CONTENTS

P.18

CHIEF EXECUTIVE OFFICER'S

REPORT

P.24

DEVELOPMENTS

P.32

FINANCIAL STATEMENTS

Company registration number: C 26136

INTERNATIONAL HOTEL INVESTMENTS P.L.C. ANNUAL REPORT & FINANCIAL STATEMENTS 2022 • 3