Investor Presentaiton

Passenger Traffic Continues to Grow • According to IATA forecast, global RPK growth is slowing down, the growth rate of Asia-Pacific is larger than global average with similar trend. • The growth rate of global and Asia-Pacific traffic in 2019 are expected to be 5% and 6.3% respectively. RPK,% YOY ―Global Asia Pacific 15 10.9 10.9 10.1 9.5 10 6.9 6.3 8.1 7.4 7.4 7.4 5 6 5.0 0 2014 2015 2016 2017 CHINA AIRLINES 2018 2019F Source: IATA Statistics Fact Sheet 12

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