NOTICE OF EXTRAORDINARY GENERAL MEETING

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this notice, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this notice.

(a joint stock limited company incorporated in the People's Republic of China with limited liability)

(Stock Code: 00753)

NOTICE OF EXTRAORDINARY GENERAL MEETING

NOTICE IS HEREBY GIVEN that an extraordinary general meeting (the "EGM") of Air China Limited (the "Company") will be held at 9:00 a.m. on Thursday, 30 December 2021 at The Conference Room C713, No. 30, Tianzhu Road, Airport Industrial Zone, Shunyi District, Beijing, the PRC to consider and, if thought fit, to pass the following resolutions. Unless otherwise indicated, capitalised terms used herein shall have the same meaning as those defined in the circular of the Company dated 12 November 2021.

ORDINARY RESOLUTIONS

1. To consider and approve the following continuing connected transaction agreements, the transactions contemplated thereunder and the respective annual caps:

1. the Government Charter Flight Service Framework Agreement entered into between the Company and CNAHC on 29 October 2021;
2. the Comprehensive Services Framework Agreement entered into between the Company and CNAHC on 29 October 2021;
3. the Properties Leasing Framework Agreement entered into between the Company and CNAHC on 29 October 2021;
4. the Media Services Framework Agreement entered into between the Company and CNAMC on 29 October 2021; and

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1.5. the Construction Project Commissioned Management Framework Agreement entered into between the Company and CNACD on 29 October 2021.

By Orders of the Board

Air China Limited

Song Zhiyong

Chairman

Beijing, the PRC 12 November 2021

As at the date of this notice, the directors of the Company are Mr. Song Zhiyong, Mr. Ma Chongxian, Mr. Feng Gang, Mr. Patrick Healy, Mr. Xue Yasong, Mr. Duan Hongyi*, Mr. Stanley Hui Hon- chung* and Mr. Li Dajin*.

• Independent non-executive director of the Company
  Notes:

1. Closure of register of members and eligibility for attending and voting at the EGM
   Holders of H Shares are advised that the register of members of the Company will be closed from Tuesday, 30 November 2021 to Thursday, 30 December 2021 (both days inclusive), during which no transfer of Shares will be effected and registered. In order to qualify for attendance and voting at the EGM, instruments of transfer accompanied by share certificates and other appropriate documents must be lodged with the Company's H Share registrar, Computershare Hong Kong Investor Services Limited, at Shops 1712-16, 17/F, Hopewell Centre, 183 Queen's Road East, Wanchai, Hong Kong, by 4:30 p.m. on Monday, 29 November 2021.
   H Shareholders whose names appear on the register of members of H Shares at the close of business on Monday, 29 November 2021 are entitled to attend and vote at the EGM.
2. Notice of Attendance
   Holders of H Shares who intend to attend the EGM should complete and lodge the accompanying notice of attendance and return it to the Company's H Share registrar on or before Thursday, 9 December 2021. The notice of attendance may be delivered by hand, by post or by fax to the Company's H Share registrar. Completion and return of the notice of attendance do not affect the right of Shareholders to attend and vote at the EGM. However, failure to return the notice of attendance may result in an adjournment of the EGM, if the number of Shares carrying the right to vote represented by the Shareholders proposing to attend the EGM by the notice of attendance does not reach more than half of the total number of Shares carrying the right to vote at the EGM.
3. Proxy
   Every Shareholder who has the right to attend and vote at the EGM is entitled to appoint one or more proxies, whether or not they are members of the Company, to attend and vote on his/her behalf at the EGM.

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A proxy shall be appointed by an instrument in writing. Such instrument shall be signed by the appointor or his attorney duly authorised in writing. If the appointor is a legal person, then the instrument shall be signed under a legal person's seal or signed by its director or an attorney duly authorised in writing. The instrument appointing the proxy shall be deposited at the Company's H Share registrar for holders of H Shares not less than 24 hours before the time specified for holding of the EGM. If the instrument appointing the proxy is signed by a person authorised by the appointor, the power of attorney or other document of authority under which the instrument is signed shall be notarised. The notarised power of attorney or other document of authority shall be deposited together and at the same time with the instrument appointing the proxy at the Company's H Share registrar.

4 Other business

1. The EGM is expected to last for no more than half a working day. Shareholders and their proxies attending the meeting shall be responsible for their own traveling and accommodation expenses.
2. The address of Computershare Hong Kong Investor Services Limited is:
   17M Floor Hopewell Centre
   183 Queen's Road East Wanchai
   Hong Kong
   Tel No.: (852) 2862 8628
   Fax No.: (852) 2865 0990

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