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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)

OVERSEAS REGULATORY ANNOUNCEMENT

REVIEW AND APPROVAL OF APPLICATION FOR THE ISSUANCE OF A SHARES TO SPECIFIC INVESTORS BY THE SHANGHAI STOCK EXCHANGE

This announcement is made pursuant to Rule 13.10B of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the "Hong Kong Listing Rules").

References are made to the announcements dated 30 October 2025, 16 December 2025 and 8 January 2026 and the circular dated 28 November 2025 (the "Circular") of Air China Limited (the "Company") in relation to, among other things, the issuance of A Shares to specific investors. Unless otherwise specified herein, capitalized terms used in this announcement shall have the same meanings as those defined in the Circular.

The Company recently received the "Review Opinions of the Stock Exchange Regarding the Issuance of Shares by Air China Limited to Specific Investors" 《( 關於中國國際航空股份有限公司向特定對象發行股票的交易所審核意見》) issued by the Shanghai Stock Exchange to the Company, which stated that the application for the Issuance of Shares to Specific Investors by the Company meets the issuance conditions, listing requirements and information disclosure requirements.

The Issuance of A Shares to Specific Investors is still subject to the consent of the CSRC for registration, and there is uncertainty as to whether the final consent of the CSRC for registration can be obtained as well as regarding the timelines thereof. The Company will, in accordance with the progress, timely fulfill its information disclosure obligations in strict compliance with the provisions and requirements of the laws and regulations in relation to the issuance of shares to specific investors by listed companies.

Shareholders and potential investors of the Company are advised to exercise caution when dealing in the securities of the Company.

By Order of the Board

 Air China Limited

Xiao Feng

Company Secretary

Beijing, the PRC, 9 February 2026

As at the date of this announcement, the directors of the Company are Mr. Liu Tiexiang, Mr. Wang Mingyuan, Mr. Cui Xiaofeng, Mr. Patrick Healy, 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