Certain A Shares of Air China Cargo Co., Ltd. are subject to a Lock-Up Agreement Ending on 30-DEC-2025.

Air China Cargo Co., Ltd. has certain A Shares under a Lock-Up Agreement until December 30, 2025. The lock-up lasts 372 days from December 23, 2024. Directors and senior management cannot transfer their shares for 36 months post-listing. If share prices fall below the issuance price for 20 consecutive trading days within 6 months, the lock-up extends by 6 months. Other shareholders also have similar commitments. Additionally, 10% of shares allocated to offline investors will have a 6-month restriction from the IPO date, while 90% can circulate immediately after listing.