Air China Ld GRANT OF WAIVER

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

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [e-mail] or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

 

END

 

 

STRFZMFZVGGGDZG