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 SEPTEMBER 2021

In September 2021, Air China Limited (the "Company") and its subsidiaries (the "Group") recorded a year-on-year decrease but a month-on-month increase in combined passenger traffic (measured by revenue passenger kilometers (the "RPK")). Passenger capacity (measured by available seat kilometers (the "ASK")) recorded a year-on-year decrease of 17.0% and a month-on-month increase of 46.3%, and passenger traffic recorded a year-on-year decrease of 27.6% and a month-on-month increase of 67.6%. For domestic routes, passenger capacity decreased by 16.6% as compared to the same period last year and increased by 49.0% as compared to last month. Passenger traffic decreased by 28.3% as compared to the same period last year and increased by 71.1% as compared to last month. For international routes, passenger capacity decreased by 48.1% and 20.3% and passenger traffic decreased by 30.8% and 17.5% as compared to the same period last year and last month, respectively. Passenger capacity on regional routes increased by 113.2% and 54.5% as compared to the same period last year and last month, respectively, and passenger traffic recorded an increase of 528.9% and 84.9% as compared to the same period last year and last month, respectively. The overall passenger load factor was 66.0%, representing a decrease of 9.7 percentage points as compared to the same period last year and an increase of 8.4 percentage points as compared to last month. The passenger load factor decreased by 10.8 percentage points year on year and increased by 8.6 percentage points month on month for domestic routes, and increased by 14.9 percentage points and 2.1 percentage points for international routes as compared to the same period last year and last month, respectively. The passenger load factor for regional routes recorded a year-on-year increase of 31.9 percentage points and a month-on-month increase of 7.9 percentage points.

In terms of cargo operations, cargo capacity (measured by available freight tonne kilometers (the "AFTK")) decreased by 10.7% year on year and increased by 13.5% month on month. Cargo and mail traffic (measured by revenue freight tonne kilometers (the "RFTK")) increased by 4.4% and 6.6% as compared to the same period last year and last month, respectively. The cargo load factor was 46.5%, representing a year-on-year increase of 6.7 percentage points and a month-on-month decrease of 3.0 percentage points.

From 30 September 2021, the Company added a Changchun - Frankfurt route (one flight per week).

In September 2021, the Group introduced one ARJ21 aircraft and retired one A321 aircraft. As at the end of September 2021, the Group operated a fleet of 734 aircraft, including 297 self-owned aircraft, 231 aircraft under finance lease and 206 aircraft under operating lease.