The World Economic Forum has Awarded Ethiopian the Global Growth Company of 2015 Certificate

Ethiopian World Economic Forum

Press Release

Ethiopian Airlines is pleased to announce that it has received the Certificate of Global Growth Company of 2015 from the World Economic Forum on September 8, 2015 in Dalian, People’s Republic of China.

Ethiopian is among the 132 of the world most dynamic and high-growth companies which were nominated based on their strength and potential to become global economic leaders. Ethiopian was chosen from a broad spectrum of sectors, including banking, energy and aviation that share a track record of exceeding industry standards in revenue, growth, promotion of innovative business practices and demonstration of leadership in corporate global citizenship. The Global Growth Companies Community currently consists of 400 companies around the World.

Tewolde Gebremariam, Group CEO of Ethiopian Airlines, said, “We are honored to receive the certificate of Global Growth Company of 2015 and to join the exclusive club of Global Growth Companies selected by the Highly Prestigious World Economic Forum which is in recognition of the fast, profitable and sustainable growth Ethiopian is registering as a leading African Airline. The Award is an appreciation to the leading role Ethiopian is playing in the constant development of Air transport services in Africa. This award is also a testimony of our sound and successful growth strategy that has earned us the number one spot in our Continent.

Olivier Schwab, Head of Business Engagement at the World Economic Forum said: “When choosing entrants to our Community of Global Growth Companies, we assess companies on their business model, annual revenues and growth rates, executive leadership and market position. Ethiopian Airlines is a dynamic group with clear potential to shape the future in its relevant business sectors and so is a perfect fit to our GGC community.”

The World Economic Forum brings together influential and fast-growing companies that are innovators and market shapers that have the potential to impact their region and the globe in their respective sector.

Ethiopian is in the first year of the second phase implementation of its 15-years strategic roadmap, Vision 2025, which will see it become the leading Aviation Group in Africa with seven profit centers grossing a total annual revenue of 10 billion dollars by 2025.

For more information about this press release, please contact:

Manager PR & Publications Ethiopian Airlines

Tel: (251-1) 517-84-07/656/165/913/529

publicrelations@ethiopianairlines.com

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