Malta Annual Review 2026

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Our story 2

The story of our year

At PwC, we welcome new ways of thinking to tackle important business challenges. From the decisions shaping Malta’s economy to the opportunities emerging across its industries, 2026 was a year of real change and progress. We invite you to explore our work, as we help you reinvent your organisation in this transformative era.

Message from leadership

Lucienne Pace Ross

Territory Senior Partner

This was a year of investing today to shape tomorrow. A year when AI and global uncertainty reshaped our world. A year when we continued to modernise how we work, strengthen our core services, and unite our expertise for clients. Explore our progress and experiences from FY26 with our Territory Senior Partner Lucienne Pace Ross.

Watch full interview

Highlights of our year

Explore our news, highlights, and achievements over the past 12 months.

100% renewable electricity across our offices

Supporting our continued progress towards net zero through the purchase of Energy Attribute Certificates.
12 inclusion champions appointed across the firm

Supporting open conversations, promoting diversity, and helping ensure every voice is heard through our Green Light to Talk programme.
97.5% of clients say PwC has a trusted working relationship with them

Reflecting the impact of our Client Listening Programme, with positive responses rising by nearly five percentage points year on year.
A new dedicated inclusive space available to everyone

Offering privacy for prayer, breastfeeding, meditation or quiet reflection, and helping our diverse people feel respected and supported at work.
A two-year brand transformation taking shape across the firm

Bringing our refreshed identity to life across digital channels, client experiences, and the workplace, with full implementation planned by April 2027.
640+ colleagues actively using AI technologies across the firm

Helping our people work smarter and focus on higher-value tasks through secure, responsibly governed AI tools, and targeted digital upskilling.
More than 97% data quality sustained across our key master data domains

Building trusted, governed data as the foundation for responsible AI, covering client, employee, opportunity, finance, risk, and independence data.

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Bernard Attard

Clients and Markets

Lisa Pullicino

Our People

Mirko Rapa

Doing the right thing

Explore our year in numbers

€62M

Total as at 30 June 2026

Revenue

54%

Female staff complement

Diversity

675

Total number of employees

Our people

80,000

Firmwide training hours during the year

Training

-32%

Business travel emissions in FY26 compared to FY19 baseline

Environmental impact

€525,762

Cash contributions and hours dedicated to professional bodies and philanthropic activities

Impact on society

Other ways we're driving impact

Inclusion first

Prioritising the daily experience of our diverse workforce.

Learn more

Our sustainable impact

Our commitment to a net zero pathway.

Learn more

Leading transformation

Evolving alongside our clients.

Learn more

In FY26, we continued to make progress together. Working side by side with you, our communities, and our teams, we delivered joint projects and strengthened our focus on corporate social responsibility, inclusion and diversity, and team engagement.

At PwC, we've continued our rebranding journey, consistently embedding our new brand positioning and identity to better reflect how we work today. It shows how we support you to unlock and protect value, and it gives our identity the right platform for the future.

Explore the timeline to see the key moments where we focused our efforts and the impact those actions achieved.

Kirsten Cremona was appointed as Director of PwC Digital Services Malta, effective 1 July 2025, strengthening our cybersecurity leadership so we can better support secure digital transformation.

We confirmed our support to Din l-Art Ħelwa, Malta’s National Trust, through a five-year collaboration that will support the entity's work in restoring, protecting, and advocating for Malta’s natural heritage.

Anna Golis, Arlei Correa Ribeiro, Chantell Conti, and Matthew Paul Cutajar were promoted to Senior Managers, recognising their dedication, impact, and drive.

Furthemore, alongside Working Town, we brought together industry leaders and policymakers at Terra 2025 to drive practical, inclusive transitions that follow the EU Green Deal.

Lucienne Pace Ross was appointed as the new Territory Senior Partner for our firm, effective 1 October 2025. She succeeded David Valenzia, who previously held the role for eight years.

We yet again provided our insightful report on the Malta Budget 2026, setting out the key highlights and explaining the main economic, tax, social, and sustainability measures announced.

Additionally, we were present and supporting Kunsill Studenti Universitarji (KSU) during Freshers’ Week, welcoming students to our stand to highlight the wide range of student opportunities available within our firm.

We hosted our Annual Conference just before the Chistmas shut down, which marked the retirement of three Partners, David Valenzia (former Territory Senior Partner), Simon Flynn, and Michel Ganado.

We developed the IP of a platform for a public-private Foundation aimed at bringing together verified residential property sales data from 2018 onwards across Malta and Gozo.

We announced a strategic collaboration with Computime and PwC Digital Services to bring practical, AI-driven digital transformation to the market, initially focused on the Insurance and Gaming sectors.

We ran another edition of our Intelligent Digital Conference, this time focusing on how to reshape core operations and unlock new value. We brought together local and network experts and together looked into areas of high interest within the industry, such as AI-powered data platforms, digital resilience, agentic ERP, and quantum technology.

We hosted our 'Future of Learning' event, where for another year we collaborated with FHRD to bring together HR and learning and development professionals to explore how learning is evolving and how organisations can turn strategy into action.

Another CEO Confidence Tracker was published, showing that 87.1% of Maltese CEOs expected the escalating conflict involving Iran to affect their business in the first half of 2026, with 45% expecting a moderate to high impact.

We’ve also renewed our Gold Sponsorship agreement with The Malta Chamber of Commerce, Enterprise and Industry, strengthening a long-term collaboration that supports Malta’s business community.

In addition, we hosted the Tax Conference 2026, bringing together expert-led sessions and panel discussions to examine the main shifts shaping business today and in the near future. The conference covered capital gains, VAT, international tax, incentives, and TaxTech, and offered practical, forward-looking insights to help businesses make informed decisions and act with confidence.

Our new brand

Our brand’s evolution reflects a broader transformation into a human-led, technology-enabled firm that combines expertise, technology, and trust to help clients respond to change and create lasting value. See how our two-year rebranding programme, due for completion by April 2027, is bringing this direction to life across client experiences, communications, workplaces, and other key brand touchpoints.

Explore our new brand

Download
PwC Malta Transparency Report

Archive
Look back at last year's Annual Review

Our Lines of Service

Assurance

Assurance remains central to building trust in business and society. Over the past year, our assurance practice worked with clients, combining rigorous quality management, emerging technology, and strong client relationships to deliver assurance that's objective, relevant, and insightful, while continuing to invest in our people and the future of audit.

Tax

Malta’s tax landscape continued to evolve in FY26, shaped by new transfer pricing disclosures, VAT reform, Budget measures and rapid advances in technology. Over the past year, our tax practice combined technical expertise, AI-enabled tools and strong local and international collaboration to help clients respond with clarity and confidence, while continuing to invest in our people and the profession.

Advisory

Businesses are transforming in response to rising costs, evolving customer expectations, regulatory demands and rapid technological change. Over the past year, our deals, consulting, risk and regulation, and digital services teams have worked as one advisory practice to help you turn strategic ambition into practical, resilient and technology-enabled outcomes.

How we showed up for our clients

As the needs of Malta’s businesses evolve, we continued to expand and integrate our offerings to help you, our clients, navigate an ever-changing world. Here are some of the ways we showed up for you in FY26.

How we showed up for our community

For yet another year, our people came together to support communities across Malta, contributing their time, skills, and resources where they could make a meaningful difference. Through collaboration with local non-governmental organisations, we continued to create positive, lasting impact beyond our day-to-day work.

30+

Supported organisations

150+

People contributed to giving back

Our Transparency Report

(PDF of 7.54MB)

Transforming today, building tomorrow

Our story 2

The story of our year

Message from leadership

Lucienne Pace Ross

Territory Senior Partner

Highlights of our year

100% renewable electricity across our offices

12 inclusion champions appointed across the firm

97.5% of clients say PwC has a trusted working relationship with them

A new dedicated inclusive space available to everyone

A two-year brand transformation taking shape across the firm

640+ colleagues actively using AI technologies across the firm

More than 97% data quality sustained across our key master data domains

Bernard Attard

Clients and Markets

Lisa Pullicino

Our People

Mirko Rapa

Doing the right thing

Explore our year in numbers

Other ways we're driving impact

Inclusion first

Our sustainable impact

Leading transformation

What happened in FY26?

Our new brand

Our Lines of Service

Assurance

Tax

Advisory

How we showed up for our clients

How we showed up for our community

Our Transparency Report

PwC Global Annual Review 2026

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Contact us

Transforming today, building tomorrow

Our story 2

The story of our year

Message from leadership

Lucienne Pace Ross

Territory Senior Partner

Highlights of our year

100% renewable electricity across our offices

12 inclusion champions appointed across the firm

97.5% of clients say PwC has a trusted working relationship with them

A new dedicated inclusive space available to everyone

A two-year brand transformation taking shape across the firm

640+ colleagues actively using AI technologies across the firm

More than 97% data quality sustained across our key master data domains

Bernard Attard

Clients and Markets

Lisa Pullicino

Our People

Mirko Rapa

Doing the right thing

Explore our year in numbers

Other ways we're driving impact

Inclusion first

Our sustainable impact

Leading transformation

What happened in FY26?

Our new brand

Our Lines of Service

Assurance

Tax

Advisory

How we showed up for our clients

How we showed up for our community

Our Transparency Report

PwC Global Annual Review 2026

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Contact us