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Grupo Aeroportuario del Pacifico Reports in January 2025 a Passenger Traffic Increase of 5.4% Compared to 2024

1. PAC reported a 6.3% rise in passenger traffic for January 2025. 2. Guadalajara's airport saw a 10.4% increase in domestic passengers. 3. Montego Bay experienced a 7.3% decline in passenger traffic. 4. Total terminal passengers for PAC increased to 5,646.1 in January 2025. 5. Load factors improved from 81.4% to 83.9% year-over-year.

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FAQ

Why Bullish?

The increase in passenger traffic indicates strong operational performance, boosting investor confidence. Historically, similar growth led to stock price appreciation.

How important is it?

Passenger growth directly correlates with revenue potential for PAC, indicating significant operational success.

Why Short Term?

Immediate positive financial performance suggests short-term price benefits, similar to past trends.

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GAPPAC
GUADALAJARA, Mexico, Feb. 05, 2025 (GLOBE NEWSWIRE) -- Grupo Aeroportuario del Pacífico, S.A.B. de C.V., (NYSE: PAC; BMV: GAP) (“the Company” or “GAP”) announces preliminary terminal passenger traffic figures for January 2025, compared with January 2024. For January 2025, the total number of terminal passengers at GAP’s 12 Mexican airports increased by 6.3%, compared to January 2024. Guadalajara, Tijuana, Puerto Vallarta, and Los Cabos airports presented an increase in passenger traffic of 9.9%, 5.2%, 1.9%, and 0.6%, respectively, compared to January 2024. On the other hand, Montego Bay presented a decrease in passenger traffic of 7.3%, compared to January 2024.  Domestic Terminal Passengers (in thousands):           AirportJan-24Jan-25% Change  Guadalajara911.71,006.210.4%  Tijuana*678.8702.13.4%  Puerto Vallarta201.1229.514.1%  Los Cabos221.4232.24.9%  Montego Bay0.00.0N/A  Guanajuato174.0176.81.6%  Hermosillo152.2169.311.2%  Kingston0.10.0(73.3%)  Morelia56.265.216.1%  Mexicali110.8100.2(9.6%)  La Paz88.596.69.2%  Aguascalientes46.851.911.0%  Los Mochis44.057.029.5%  Manzanillo11.912.00.3%  Total2,697.52,899.17.5%              International Terminal Passengers (in thousands):          AirportJan-24Jan-25% Change  Guadalajara550.4600.89.2%  Tijuana*349.6380.08.7%  Puerto Vallarta498.8483.8(3.0%)  Los Cabos433.6426.7(1.6%)  Montego Bay491.9456.2(7.3%)  Guanajuato89.6107.420.0%  Hermosillo9.08.5(5.4%)  Kingston148.3167.012.6%  Morelia55.867.821.5%  Mexicali0.60.5(5.6%)  La Paz0.92.7194.6%  Aguascalientes26.429.110.1%  Los Mochis0.80.81.6%  Manzanillo12.915.621.4%  Total2,668.62,747.02.9%              Total Terminal Passengers (in thousands):           AirportJan-24Jan-25% Change  Guadalajara1,462.11,607.19.9%  Tijuana*1,028.41,082.15.2%  Puerto Vallarta699.8713.31.9%  Los Cabos655.0658.90.6%  Montego Bay491.9456.2(7.3%)  Guanajuato263.6284.37.9%  Hermosillo161.2177.810.3%  Kingston148.4167.012.5%  Morelia112.1133.118.8%  Mexicali111.4100.7(9.6%)  La Paz89.499.411.1%  Aguascalientes73.281.010.7%  Los Mochis44.857.829.0%  Manzanillo24.827.611.2%  Total5,366.15,646.15.2%        *Passengers in Tijuana who use CBX in both directions are classified as international.        CBX users (in thousands):           AirportJan-24Jan-25% Change  Tijuana347.5373.27.4%        Highlights for the month: Seats and load factors: The seats available during January 2025 increased by 2.3%, compared to January 2024. The load factors for the month went from 81.4% in January 2024 to 83.9% in January 2025. New routes: Puerto Vallarta – New York (JFK): Alaska AirlinesPuerto Vallarta – Sacramento: Alaska AirlinesPuerto Vallarta – Kansas City: Alaska AirlinesPuerto Vallarta – St. Louis: Alaska AirlinesLos Cabos – Sacramento: Alaska Airlines Company Description Grupo Aeroportuario del Pacífico, S.A.B. de C.V. (GAP) operates 12 airports throughout Mexico’s Pacific region, including the major cities of Guadalajara and Tijuana, the four tourist destinations of Puerto Vallarta, Los Cabos, La Paz and Manzanillo, and six other mid-sized cities: Hermosillo, Guanajuato, Morelia, Aguascalientes, Mexicali, and Los Mochis. In February 2006, GAP’s shares were listed on the New York Stock Exchange under the ticker symbol “PAC” and on the Mexican Stock Exchange under the ticker symbol “GAP”. In April 2015, GAP acquired 100% of Desarrollo de Concessioner Aeroportuarias, S.L., which owns a majority stake in MBJ Airports Limited, a company operating Sangster International Airport in Montego Bay, Jamaica. In October 2018, GAP entered into a concession agreement for the Norman Manley International Airport operation in Kingston, Jamaica, and took control of the operation in October 2019.  This press release may contain forward-looking statements. These statements are statements that are not historical facts and are based on management’s current view and estimates of future economic circumstances, industry conditions, company performance, and financial results. The words “anticipates”, “believes”, “estimates”, “expects”, “plans” and similar expressions, as they relate to the company, are intended to identify forward-looking statements. Statements regarding the declaration or payment of dividends, the implementation of principal operating and financing strategies and capital expenditure plans, the direction of future operations, and the factors or trends affecting financial condition, liquidity, or results of operations are examples of forward-looking statements. Such statements reflect the current views of management and are subject to a number of risks and uncertainties. There is no guarantee that the expected events, trends, or results will occur. The statements are based on many assumptions and factors, including general economic and market conditions, industry conditions, and operating factors. Any changes in such assumptions or factors could cause actual results to differ materially from current expectations.     In accordance with Section 806 of the Sarbanes-Oxley Act of 2002 and Article 42 of the “Ley del Mercado de Valores”, GAP has implemented a “whistleblower” program, which allows complainants to anonymously and confidentially report suspected activities that involve criminal conduct or violations. The telephone number in Mexico, facilitated by a third party responsible for collecting these complaints, is 800 04 ETICA (38422) or WhatsApp +52 55 6538 5504. The website is www.lineadedenunciagap.com or by email at denuncia@lineadedenunciagap.com. GAP’s Audit Committee will be notified of all complaints for immediate investigation. Alejandra Soto, Investor Relations and Social Responsibility Officerasoto@aeropuertosgap.com.mx  Gisela Murillo, Investor Relationsgmurillo@aeropuertosgap.com.mx/+52 33 3880 1100 ext. 20294

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