SSE ANNOUNCEMENT

The SSE Announcement is written in Chinese, with no official English translation. The English translation is provided solely for reference only. In case of any discrepancy between the two versions, the Chinese version shall prevail. The full version of the SSE Announcement is as follows:

AIR CHINA LIMITED

ANNOUNCEMENT ON KEY OPERATING DATA OF JULY 2021

In July 2021, Air China Limited (the "Company") and its subsidiaries (the "Group") recorded increases in combined passenger traffic (measured by revenue passenger kilometers (the "RPK")) as compared to the same period last year and last month. Passenger capacity (measured by available seat kilometers (the "ASK")) recorded a year-on-year increase of 34.4% and passenger traffic recorded a year-on-year increase of 38.4%. For domestic routes, passenger capacity increased by 33.0% and passenger traffic increased by 37.4%, as compared to the same period last year. For international routes, passenger capacity decreased by 0.3% and passenger traffic decreased by 15.6%, as compared to the same period last year. Passenger capacity and passenger traffic on regional routes recorded large scale of increase, as compared to the same period last year. The overall passenger load factor was 73.8%, representing an increase of 2.1 percentage points as compared to the same period last year. The passenger load factor increased by 2.4 percentage points for domestic routes and decreased by 8.9 percentage points for international routes, as compared to the same period last year, and the passenger load factor for regional routes recorded a year-on-year increase of 55.0 percentage points.

In terms of cargo operations, cargo capacity (measured by available freight tonne kilometers (the "AFTK")) increased by 8.2% year on year. Cargo and mail traffic (measured by revenue freight tonne kilometers (the "RFTK")) increased by 12.2%, the volume of cargo and mail carried increased by 7.1% as compared to the same period last year. The cargo load factor was 39.4%, representing a year- on-year increase of 1.4 percentage points.

From 8 July 2021, the Company added the Wenzhou - Hailar route (three flights per week). From 14 July 2021, the Company added the Chengdu Tianfu - Beihai route (seven flights per week).

In July 2021, the Group introduced two A320NEO aircraft, one A321NEO aircraft. As at the end of July 2021, the Group operated a fleet of 732 aircraft, including 294 self-owned aircraft, 230 aircraft under finance lease and 208 aircraft under operating lease.