Cathay Pacific Airways Limited confirms active discussions about an acquisition involving Hong Kong Express Airways Limited (“HKE”)

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.

Hong Kong, China, 2019-Mar-06 — /Travel PR News/ — Cathay Pacific Airways Limited (the “Company”) has noted media reports suggesting that the Company may be in discussions to acquire shares in Hong Kong Express Airways Limited (“HKE”) and Hong Kong Airlines Limited from HNA Group Co., Ltd.

The Company hereby confirms that the Company is in active discussions about an acquisition involving HKE. No agreement for the acquisition has been entered into and there can be no certainty that any agreement will be entered into. Further
announcement(s) will be made as and when appropriate.

This announcement is made by the Company pursuant to Rule 13.09(2) of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited and Part XIVA of the Securities and Futures Ordinance (Chapter 571 of the Laws of
Hong Kong).

Shareholders and potential investors are advised to exercise caution in dealing in shares of the Company.

Executive Directors: John Slosar (Chairman), Rupert Hogg, Gregory Hughes, Paul Loo, Martin Murray;
Non-Executive Directors: Cai Jianjiang, Ivan Chu, Michelle Low, Song Zhiyong, Merlin Swire, Samuel Swire, Xiao Feng, Zhao Xiaohang;
Independent Non-Executive Directors: Bernard Chan, John Harrison, Irene Lee and Andrew Tung.

By Order of the Board
CATHAY PACIFIC AIRWAYS LIMITED
國泰航空有限公司
David Fu
Company Secretary
Hong Kong, 5th March 2019

MEDIA CONTACT:
press@cathaypacific.com

SOURCE: Cathay Pacific