China Aircraft Leasing Group Holdings Limited announced that on 28 June 2024 (after trading hours), a wholly-owned special purpose vehicle of the company (the Seller) entered into the Aircraft Sale and Purchase Agreement with an independent third party (the Purchaser) in relation to the sale of one aircraft. The sale transaction is expected to be completed in September 2024. Date: 28 June 2024.

Parties: the Seller, which is a wholly-owned special purpose vehicle of the Company. The Group is a leading full value chain aircraft solutions provider. Its scope of business includes regular operations such as aircraft leasing, purchase and leaseback, portfolio trading and asset management, as well as value-added services such as fleet planning, fleet upgrade, aircraft maintenance, repair and overhaul, aircraft disassembling and recycling, and aircraft component trading; and the Purchaser, which is principally engaged in the aviation leasing business in the PRC.

To the best of the Directors' knowledge, information and belief, having made all reasonable enquiries, the Purchaser and its ultimate beneficial owners are third parties independent of the company and the connected persons of the company. Assets to be sold: one Airbus A320-271N Aircraft. Completion: It is estimated that completion of the Aircraft Sale and Purchase Agreement will take place in September 2024.