Investor Presentaiton

Air cargo tracks near pre-COVID levels International air cargo International CTKs September 2022 (% ch vs the same month in 2019) (YoY% change versus 2018 ) (YoY% change versus 2019 ) ACTK/CTK CLF Asia 20% 100% CTK 20% Pacific Africa 17.8% Latin Middle North East Europe America America Industry 10% 80% CLF 12.3% 0% 10% 60% -10% -20% ACTK 40% 0% -30% -1.8% 20% -4.6% -3.7% -40% -10% -7.0% -50% 0% -13.1% 2019 2020 2021 2022 -20% CHINA AIRLINES Source: IATA 18

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