2019 Investor Conference

Composition of Op. Expenses - Cl Others Pax Service 4.4% 4.0% 3.5% Sales&General Adm. 2019 Q1-Q3 Fuel 30.7% Airport & Ground Handling Personnel Rental & Depreciation Maintenance 13.7% 13.6% 16.6% 13.3% 2018 Q1-Q3 Fuel Airport & Ground Handling 32.7% 13.1% Personnel 13.8% Rental & Depreciation 16.8% Others 3.4% Pax Service Sales&General Adm. Maintenance 12.0% 4.0% 4.0% In the first three quarters of 2019, Fuel cost accounted for 30.7% of operating expenses mainly due to the decrease in oil prices. CHINA AIRLINES 80

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