2023 Q1-Q3 Cargo Operational Results

Carbon Reduction Target/Strategy ✈ In response to the global 2050 net zero emissions target, CAL is the first airline in Taiwan to announce that its operational activities will reach net zero emissions by 2050, and has developed short, medium, and long-term carbon reduction targets for flight and ground operations as well as the usage targets of SAF(Sustainable Aviation Fuel) and ground renewable energy installation capacity targets. Flight Operation Reduction Target O Carbon Emission Growth with CORSIA from 2020 1.5% Fuel Efficiency increase every year by 2030 Net Zero Carbon Emissions by 2050 Ground Operation Reduction Target 44% Carbon reduction in 2025 compared with 2009 50% carbon reduction in 2030 compared with 2009 10% RE installations by 2030 (**) Net Zero Carbon Emissions by 2050 TCFD Operating System Upgrade and Emergency Response System Increase Fuel Efficienty Develop New Technology CAL's Net Zero Carbon Emission Targets and Key Strategies Target and Strategies to Achieve Net Zero Emissions by 2050 Participate in International Carbon Management Mechanisms Environmental Committee Use of SAF Target 2% by 2025 5% by 2030 40% by 2040 65% by 2050 CHINA AIRLINES Promote Sustainable Aviation Fuels Board of Directors Sustainability Committee 2050 NeZer CAL CSR Climate Change **This is not the proportion of electricity use. This is an additional target beside the Taiwan national power grid target. China Airlines expects to use 40% renewable energy by 2030 if Taiwan National Grid target is included. 28

View entire presentation