Page 26 - 인천국제공항 4단계 건설사업 건설지 [화보집 영문]

Message from the president
Beyond an This is Lee Hak-jae, President and CEO of Incheon International Airport Corporation (IIAC).

Incheon International Airport (IIA), the gateway to South Korea and one of the world's premier airports, is set to complete its Phase 4
Airport, construction this year, positioning itself as a global mega-hub airport capable of serving over 100 million passengers annually.

Change the Since its historic opening in March 2001, IIA has successfully completed multiple phases of expansion: Phase 2 in 2008, which included
the Concourse and Runway 3, and Phase 3 in 2018, which introduced Terminal 2. Despite the unprecedented crisis in the aviation industry
caused by the COVID-19 pandemic, IIA proceeded with Phase 4 without delays. IIA has grown to become a leader in Northeast Asia,
World ranking 5th globally in international passengers, 2nd in international cargo, and achieving the top spot in Airport Service Quality for 12

consecutive years. Additionally, IIAC became the first airport in the world to receive the highest grade in the ACI’s Customer Experience
Accreditation for 3 consecutive years.

The Phase 4 construction project, a 7-year journey with a cost of KRW 4.8 trillion, expanded Terminal 2, added Runway 4, and enhanced
aprons and access road networks. This transformation enables the airport to accommodate 100 million passengers and handle 6.3 million
tons of cargo annually. This achievement fulfills the long-term goal set in 1992 when IIAC first drafted its construction plan, made possible
by public support, government policy backing, and the commitment of construction partners and airport staff. IIAC extends heartfelt
gratitude to all who have contributed to the sustained growth and development of IIA.

Now, IIA aims to open the era of 100 million passengers as one of top 3 global airports, rising to a new challenge of driving innovation in
the future airport industry and contributing to national development. Leveraging IIA’s strengths and advantageous position as a gateway to
Korea, a leading IT nation, IIAC will accelerate the digital transformation across all areas of the airport industry, establishing a data-driven
AI hub to spread new technologies globally. Our goal is to pioneer changes by initiating Incheon Airport’s 4.0 era, converging talent around
the airport, and spreading technology, innovation, and wisdom. This will lay the foundations for a mighty leap forward in Korea's economic
and industrial landscape.

IIAC kindly asks for the continued support and encouragement of all stakeholders as IIA strives to solidify its position as a global aviation
hub and further its role as a national growth engine and global aviation leader.

Thank you.

Lee Hak-jae
President & CEO, Incheon International Airport Corporation