Investor Presentaiton

Recovery continues as passenger demand remains strong million/person 13.5 12 10.5 Taoyuan International Airport Passenger Volume Arrival/Departure/Transit 9 -44% 7.5 10 6 4.5 3 vs 2019 levels -89% -96% -98% -98% -98%-98% -98% -98% -98% -99% ✈ 06/15 3+4 quarantine / weekly cap of arrivals 25,000 ✈ 07/07 weekly cap of arrivals increased to 40,000 ✈08/15 0822 remove requirement that inbound passengers should provide COVID-19 PCR test result / weekly cap of arrivals increased to 50,000 ✈ 09/12 reinstate visa-exempt entry for US, Canada, New Zealand, Australia, countries in Europe, and diplomatic allies ✈ 09/29 weekly cap of arrivals increased to 60,000 ✈ 10/13 lifted the quarantine requirement for all arrivals 0+7/ weekly cap of arrivals 150,000 ✈ 12/01 weekly cap of arrivals increased to 200,000 1.5 0 -1.5 2019 Q1 2019 2019 2019 2020 2020 2020 Q2 Q3 Q4 Q1 Q2 Q3 2020 2021 2021 2021 Q4 Q1 Q2 Q3 2021 2022 Q4 Q1 2022 2022 Q2 Q3 ✈ 12/10 remove weekly arrival cap 2019 2020 2021 48.68 million 7.43 million 0.9 million 2022E 4.0~4.5 million 2023F 20~30 million CHINA AIRLINES SOURCE: Taoyuan International Airport 17

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