Full Year Financial Results 2020

1.4% Composition of Op. Expenses - Cl Others 3.8% Sales&General Adm. Pax Service Airport & 2020FY Fuel 22.2% Ground Handling Personnel 16.5% Rental & Depreciation Maitenance 22.9% 19.4% 12.3% 1.5% Fuel 2019FY Airport & Ground Handling 30.7% 13.6% Personnel 13.5% Rental & Depreciation 16.5% Maitenance 13.4% Sales&General Adm. Others 3.8% Pax Service 4.5% 4.0% Fuel cost accounted for 22.2% of operating expenses due to the decrease in fuel price and consumption during COVID-19 pandemic. CHINA AIRLINES 8

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