GRANT OF WAIVER
Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, 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 announcement.
中國國際航空股份有限公司
AIR CHINA LIMITED
(a joint stock limited company incorporated in the People's Republic of China with limited liability)
(Stock Code: 00753)
GRANT OF WAIVER FROM STRICT COMPLIANCE WITH RULES 3.21 AND 3.27A OF THE LISTING RULES
Reference is made to the announcement of Air China Limited (the "Company") dated 30 August 2024 in relation to, among other things, the resignation of Mr. Li Fushen ("Mr. Li") as an independent non-executive director (the "Director(s)") of the Company and other duties with effect from 30 August 2024.
Over the past few months, the Company has been actively considering and processing the adjustment of the composition of the Audit and Risk Management Committee (the Supervision Committee) and the Nomination Committee, including but not limited to exploring the candidate who will fill the vacancy resulted from Mr. Li's resignation. As such, the Company has applied to the Stock Exchange and the Stock Exchange has agreed to grant a waiver from strict compliance with Rules 3.21 and
3.27A of the Listing Rules, and extend the deadline for filling the vacancy from 30 November 2024 to 28 February 2025. The Company will make further announcement(s) as and when appropriate.
Additionally, after further assessment, the Company is of the view that Mr. He Yun, an independent non-executive Director, is suitably qualified for the role of independent non-executive director of the Company having appropriate accounting or related financial management expertise as required under Rule 3.10(2) of the Listing Rules. Accordingly, the Company is in compliance with the requirements of Rule 3.10(2) of the Listing Rules.
By Order of the Board
Air China Limited
Xiao Feng Huen Ho Yin
Joint Company Secretaries
Beijing, the PRC, 27 December 2024
As at the date of this announcement, the directors of the Company are Mr. Ma Chongxian, Mr. Wang Mingyuan, Mr. Cui Xiaofeng, Mr. Patrick Healy, Mr. Xiao Peng, Mr. He Yun*, Mr. Xu Junxin* and Ms. Winnie Tam Wan-chi*.
* Independent non-executive director of the Company
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