Avolta continues its expansion in APAC, securing a seven-year Duty Free
contract at Macau International Airport

Avolta AG / Key word(s): Miscellaneous
Avolta continues its expansion in APAC, securing a seven-year Duty Free
contract at Macau International Airport

26.06.2024 / 06:30 CET/CEST

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Leading global travel experience player Avolta AG (SIX: AVOL) is reinforcing
its presence in Macau, the tourism magnet of southern China. The company is
thrilled to announce a new seven-year contract to operate key categories in
Duty Free as well as General Merchandise at Macau International Airport. The
contract marks a significant enhancement of our presence within the Asia
Pacific region, covering an additional total area of over 600 m2 across four
commercial spaces.

Commencing operations the second half of 2024, Avolta's expansion into the
airport for the first time is a strategic extension that brings our
long-standing presence in Macau, where we have successfully operated two
downtown stores at the Venetian and Parisian hotel hotspots respectively for
27 years, to a full circle.

These brand-new stores in the departure halls of both the left and right
piers will serve the airport's travelers that are predominantly from
mainland China, as well as from Portugal, Taiwan, Korea, Japan, and other
parts of South and East Asia. Avolta is creating luxurious spaces that
reflect Macau's tourism profile, bringing an eclectic mix of sub-categories
across Liquor, Tobacco and General Merchandise categories. The newly
designed stores will showcase the best of local and international brands,
featuring packaged favorite local delicacies and souvenirs that ensure our
offerings resonate with the cultural preferences of all travelers passing
through the airport, while providing travelers a gateway to the finest
products from around the world.

Supported by innovative marketing activations, product launches, tasting
events and digital technology, the store designs will be meticulously
crafted to reflect the unique heritage as well as the glamour of Macau,
reinforcing the airport's status as a top leisure destination for the
region.

"We are excited to bring our expertise and passion for retail to Macau
International Airport, where we aim to provide an unparalleled shopping
experience, that matches the region's dazzle. This expansion not only
strengthens our footprint in Macau but also allows us to serve Macau's
tourists more holistically. We promise shopping experiences that are as
delightful and memorable as the destination itself." said Freda Cheung,
President & CEO APAC of Avolta.

For further information:

CONTACT

REBECCA McCLELLAN CATHY JONGENS

   Global Head Investor Relations         Director Corporate
                                          Communications
   Phone : +44 7543 800405                Phone : +41 79 288093
   (1)rebecca.mcclellan@avolta.net  1.    (1)cathy.jongens@avolta.net  1.
   mailto:rebecca.mcclellan@avolta.net    mailto:cathy.jongens@avolta.net

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End of Media Release

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   Language:       English
   Company:        Avolta AG
                   Brunngässlein 12
                   4010 Basel
                   Switzerland
   Phone:          +41612664444
   E-mail:         Headoffice@dufry.com
   Internet:       https://www.avoltaworld.com/
   ISIN:           CH0023405456
   Listed:         SIX Swiss Exchange
   EQS News ID:    1933055

End of News EQS News Service
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1933055 26.06.2024 CET/CEST