Impact of COVID-19 on Industry Environment

Flight Schedule Adjusted in Line with Market Demand Operations remain active in adapting to the dynamic changes of the market landscape and governments regulations. Cacoo Operate selected routes to maintain network connectivity, taking advantage of sixth traffic rights. Gradually resume flights to align with boarder reopening, regional business travel needs and travel bubble. TLDRENS Increase Taiwan domestic air travel market via CAL Group's subsidiaries. GO BASE CHINA AIRLINES Operate charter flights to generate revenue. 20 20

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