The enclosed announcement (the 'SSE Announcement') was published by Air China Limited (the 'Air China') on the Shanghai Stock Exchange on 15 June 2022, which contains combined operating data for May 2022 for Air China and its subsidiaries (collectively, the 'Group'). This announcement enclosing the SSE Announcement is made by Air China pursuant to Rules 13.09 and 13.10B of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the 'Listing Rules') and the Inside Information Provisions (as defined in the Listing Rules) under Part XIVA of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong).

The data in the enclosed SSE Announcement was calculated based on the internal statistics of the Group, which may differ from the data disclosed in the relative periodic reports. Investors are hereby reminded of the risks which may result from inappropriate reliance upon or utilization of the information given above.

By Order of the Board

Air China Limited

Huang Bin Huen Ho Yin

Joint Company Secretaries

Beijing, the PRC, 15 June 2022

As at the date of this announcement, the directors of the Company are Mr. Song Zhiyong, Mr. Ma Chongxian, Mr. Feng Gang, Mr. Patrick Healy, Mr. Li Fushen*, Mr. He Yun*, Mr. Xu Junxin* and Ms. Winnie Tam Wan-chi*.

Independent non-executive director of the Company

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.

3 - The following table sets forth key operating data of May 2022:

May 2022 Yearon-Year Change (%)1 Monthon-Month Change (%)1 Cumulative 2022 Yearon-Year Cumulative Change (%)1

I. Capacity

1. ATK (in million)2 1,238.8 -51.2 4.1 7,731.8 -29.2

Domestic 560.3 -70.2 28.4 4,151.5 -47.4

International 663.0 7.1 -9.9 3,456.0 20.0

Regional 15.5 -62.1 -13.0 124.3 -16.5

2. ASK (in million)3 5,066.0 -69.7 34.9 36,519.4 -47.4

Domestic 4,798.7 -70.1 37.3 34,419.3 -48.4

International 209.0 -43.4 7.8 1,349.2 -24.4

Regional 58.2 -80.3 -11.4 751.0 -25.6

3. AFTK (in million)4 782.7 -24.3 -8.2 4,440.2 -4.7

Domestic 128.7 -70.5 5.4 1,055.1 -44.2

International 644.2 10.0 -10.4 3,334.6 22.6

Regional 9.8 -16.9 -13.8 50.5 3.0

II. Traffic

1. RTK (in million)5 612.5 -59.1 11.3 3,706.4 -39.2

Domestic 309.2 -74.5 31.3 2,248.4 -53.0

International 297.8 12.2 -3.2 1,404.7 13.8

Regional 5.5 -74.9 -22.1 53.3 -24.9

2. RPK (in million)6 2,824.2 -77.7 37.6 21,861.2 -55.3

Domestic 2,698.0 -78.1 39.7 21,053.3 -55.8

International 105.9 -33.5 10.8 444.4 -39.8

Regional 20.2 -88.8 -16.6 363.5 -34.8

3. RFTK (in million)7 359.5 -4.3 -1.9 1,765.9 1.7

Domestic 67.6 -43.9 8.0 383.4 -30.6

International 288.4 14.8 -3.6 1,365.2 16.9

Regional 3.5 -5.5 -24.8 17.3 12.6

4. Number of Passengers

carried (in thousand) 1,807.8 -78.3 36.1 14,214.7 -56.0

Domestic 1,780.5 -78.3 36.6 13,927.1 -56.3

International 16.3 -31.3 23.9 74.5 -39.0

Regional 11.0 -89.8 -11.1 213.2 -37.5

5. Total Cargo and Mail

carried (in tonnes) 78,950.4 -27.4 3.2 407,015.6 -19.4

Domestic 40,718.5 -45.5 8.3 231,093.3 -32.1

International 36,097.0 13.7 -0.2 165,047.3 6.6

Regional 2,134.9 -8.2 -22.5 10,875.1 10.4

III. Load Factor

1. Passenger Load Factor

(%)8 55.7 -19.8 1.1 59.9 -10.6

Domestic 56.2 -20.3 0.9 61.2 -10.3

International 50.7 7.6 1.4 32.9 -8.4

Regional 34.8 -26.7 -2.2 48.4 -6.8

2. Cargo and Mail Load

Factor (%)9 45.9 9.6 2.9 39.8 2.5

Domestic 52.5 24.9 1.3 36.3 7.1

International 44.8 1.9 3.1 40.9 -2.0

Regional 35.4 4.3 -5.2 34.2 2.9

3. Overall Load Factor

(%)10 49.4 -9.5 3.2 47.9 -7.9

Domestic 55.2 -9.2 1.2 54.2 -6.5

International 44.9 2.0 3.1 40.6 -2.2

Regional 35.2 -17.9 -4.1 42.9 -4.8

5 - Notes:

1. Change is expressed in percentage in terms of 'Capacity' and 'Traffic', and is expressed in percentage

points in terms of 'Load Factor'

2. 'ATK(s)' refers to the number of tonnes of capacity available for transportation multiplied by the kilometers

flown

3. 'ASK(s)' refers to the number of seats available for sale multiplied by the kilometers flown

4. 'AFTK(s)' refers to the number of tonnes of capacity available for the carriage of cargo and mail multiplied

by the kilometers flown

5. 'RTK(s)' refers to the revenue load (passenger and cargo) in tonnes multiplied by the kilometers flown

6. 'RPK(s)' refers to the number of revenue passengers carried multiplied by the kilometers flown

7. 'RFTK(s)' refers to the revenue cargo and mail load in tonnes multiplied by the kilometers flown

8. 'Passenger Load Factor' refers to revenue passenger kilometers expressed as a percentage of available

seat kilometers

9. 'Cargo and Mail Load Factor' refers to revenue freight tonne kilometers expressed as a percentage of

available freight tonne kilometers

10. 'Overall Load Factor' refers to RTKs expressed as a percentage of available tonne kilometers

The key operating data above was calculated based on the internal statistics of the Group, which may

differ from the data disclosed in the relative periodic reports. Investors are hereby reminded of the

risks which may result from inappropriate reliance upon or utilization of the information given above.

Board of Directors of Air China Limited

Beijing, the PRC, 15 June 2022

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