Full Year Financial Results for 2020

Recovery in Cargo Capacity Impacted by Groundings of Passenger Aircraft Available cargo tonne-kilometres (FATKs) in February 2021 were lower by 14.9% vs. the pre-crisis levels, February 2019 because of variants of the virus of COVID-19. Global Available Passenger and Cargo Tonne-km flown (ASK/FATK) Indexed, Jan 2019 = 100 120 100 80 60 40 20 0 Feb-19 Apr-19 Jun-19 Aug-19 Oct-19 Source IATA Economics Dec-19 CHINA AIRLINES Cargo capacity Passenger capacity Feb-20 Apr-20 Jun-20 Aug-20 Oct-20 Dec-20 Feb-21 12

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