UPDATE ANNOUNCEMENT OF CAPITAL CONTRIBUTION

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中國國際航空股份有限公司

AIR CHINA LIMITED

(a joint stock limited company incorporated in the People's Republic of China with limited liability)

(Stock Code: 00753)

UPDATE ANNOUNCEMENT

CAPITAL CONTRIBUTION TO SHENZHEN AIRLINES

Reference is made to the announcement of Air China Limited (the "Company") dated 5 June 2026 (the "Announcement") in relation to the connected transaction regarding the capital contribution to Shenzhen Airlines. Unless otherwise specified, capitalized terms used herein shall have the same meanings as those defined in the Announcement.

The Board is pleased to announce that the Second Capital Increase Agreement was signed by the Company, Shenzhen International Logistics, Kunhang Investment and Shenzhen Airlines on 12 June 2026 under the same terms as disclosed in the Announcement.

By Order of the Board

Air China Limited

Xiao Feng

Company Secretary

Beijing, the PRC, 12 June 2026

As at the date of this announcement, the Directors of the Company are Mr. Liu Tiexiang, Mr. Qu Guangji, Mr. Cui Xiaofeng, Mr. Lam Siu Por Ronald, Mr. Xiao Peng, Mr. Xu Niansha*, Mr. He Yun*, Ms. Winnie Tam Wan-chi* and Mr. Gao Chunlei*.

*    Independent non-executive Director of the Company