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 AUGUST 2023

In August 2023, Air China Limited (the "Company") and its subsidiaries (the "Group") recorded a year-on-year increase 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 increase of 106.2% and a month-on-month increase of 1.9%. Passenger traffic recorded a year-on-year increase of 135.3% and a month-on-month increase of 3.6%. Among which, for domestic routes, passenger capacity increased by 69.9% year on year and increased by 1.3% month on month, and passenger traffic increased by 93.2% year on year and increased by 2.5% month on month. For international routes, passenger capacity increased by 1,354.5% and increased by 5.0% as compared to the same period last year and the previous month, respectively, and passenger traffic increased by 1,964.5% and increased by 8.6% as compared to the same period last year and the previous month, respectively. For regional routes, passenger capacity increased by 988.7% and increased by 1.8% as compared to the same period last year and the previous month, respectively, and passenger traffic recorded an increase of 1,882.6% year on year and an increase of 6.4% month on month. The passenger load factor was 76.6%, representing an increase of 9.5 percentage points as compared to the same period last year and an increase of 1.2 percentage points as compared to the previous month. Among which, the passenger load factor for domestic routes increased by 9.2 percentage points year on year and increased by 0.9 percentage points month on month, the passenger load factor for international routes increased by 22.2 percentage points and increased by 2.5 percentage points as compared to the same period last year and the previous month, respectively, and the passenger load factor for regional routes increased by 35.4 percentage points year on year and increased by 3.4 percentage points month on month.

In terms of cargo operations, cargo capacity (measured by available freight tonne kilometers (the "AFTK")) increased by 60.0% year on year and increased by 4.6% month on month. Cargo and mail traffic (measured by revenue freight tonne kilometers (the "RFTK")) increased by 31.4% year on year and increased by 3.2% month on month. The cargo load factor was 32.3%, representing a year-on-year decrease of 7.0 percentage points and a month-on-month decrease of 0.4 percentage points.

In August 2023, the Group introduced one A350 aircraft and one ARJ21-700 aircraft, and retired two B737 series aircraft, one A330 aircraft and one business jet. As at the end of August 2023, the Group operated a fleet of 901 aircraft, including 370 self-owned aircraft, 228 aircraft under finance lease and 303 aircraft under operating lease.