No additional governance risks, as transparent arrangements, rules and legal procedures will be in place, and the admission of the eligible members of Party Committee to the Board, supervisory committee together with the management team is to be conducted under a fair democratic process. The Chairman will continuously be responsible for leading the Board and ensuring an efficient operation exists and that all major relevant issues are discussed and decided by the Board in a constructive manner.

In addition, the members of the proposed Party Committee are required to have a collective set of skills and knowledge in government policy as well as national development topics to enable Air China to make internal recommendations to support its long-term business prospects. The Company is always committed to maximizing the interests of all stakeholders and enhancing its corporate governance practices so as to ensure greater transparency to deliver long-term value to its shareholders.