REG - Air China Ld - GRANT OF WAIVER

Air ChinaAnnouncement

30/12/2024 07:00

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RNS Number : 5701R  Air China Ld  30 December 2024

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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