ANNOUNCEMENT ON KEY OPERATING DATA OF MAY 2022

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 MAY 2022

In May 2022, Air China Limited (the "Company") and its subsidiaries (the "Group") recorded a year-on-year decrease and 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 69.7% and a month-on-month increase of 34.9%. Passenger traffic recorded a year-on-year decrease of 77.7% and a month-on-month increase of 37.6%. Among which, for domestic routes, passenger capacity decreased by 70.1% year on year and increased by 37.3% month on month, and passenger traffic decreased by 78.1% year on year and increased by 39.7% month on month. For international routes, passenger capacity decreased by 43.4% and increased by 7.8% as compared to the same period last year and the previous month, respectively, and passenger traffic decreased by 33.5% and increased by 10.8% as compared to the same period last year and the previous month, respectively. For regional routes, passenger capacity decreased by 80.3% and decreased by 11.4% as compared to the same period last year and the previous month, respectively, and passenger traffic recorded a decrease of 88.8% year on year and a decrease of 16.6% month on month. The overall passenger load factor was 55.7%, representing a decrease of 19.8 percentage points as compared to the same period last year and an increase of 1.1 percentage points as compared to the previous month. Among which, the passenger load factor for domestic routes decreased by 20.3 percentage points year on year and increased by 0.9 percentage points month on month, the passenger load factor for international routes increased by 7.6 percentage points and increased by 1.4 percentage points as compared to the same period last year and the previous month, respectively, and the passenger load factor for regional routes decreased by 26.7 percentage points year on year and decreased by 2.2 percentage points month on month.

In terms of cargo operations, cargo capacity (measured by available freight tonne kilometers (the "AFTK")) decreased by 24.3% year on year and decreased by 8.2% month on month. Cargo and mail traffic (measured by revenue freight tonne kilometers (the "RFTK")) decreased by 4.3% year on year and decreased by 1.9% month on month. The cargo load factor was 45.9%, representing a year-on-year increase of 9.6 percentage points and a month-on-month increase of 2.9 percentage points.

In May 2022, the Group introduced three A320NEO aircraft, retired three B737-800 aircraft, three B737-900 aircraft, one A330-200 aircraft, one A319 aircraft. As at the end of May 2022, the Group operated a fleet of 747 aircraft, including 301 self-owned aircraft, 241 aircraft under finance lease and 205 aircraft under operating lease.