China Eastern Airlines Sets 28 May 2026 AGM; Seeks Fresh Mandates for Bond and Share Issuances, Confirms No 2025 Dividend

China Eastern Airlines will convene its 2025 Annual General Meeting (AGM) at 14:00 on 28 May 2026 at Eastern Air Hotel, Shanghai. Shareholders registered by the close of business on 21 May 2026 may attend; the H-share register will be closed from 22 May 2026 to 28 May 2026 (both days inclusive).

Key resolutions tabled:

• Statutory Reports – Board and financial reports for FY 2025 will be presented for shareholder approval.

• Dividend Policy – The Board proposes no profit distribution for the year ended 31 December 2025.

• Auditor Re-appointment – Deloitte Touche Tohmatsu Certified Public Accountants LLP (PRC) and Deloitte Touche Tohmatsu (international) are nominated for FY 2026 auditing. Aggregate estimated fees are RMB 10.45 million, comprising RMB 8.40 million for financial reporting and RMB 2.05 million for internal control.

• Debt Financing Mandate – A one-year general and unconditional authority is sought for the Board to issue onshore or offshore debt instruments—including but not limited to corporate bonds, commercial paper, medium-term notes, RMB or foreign-currency bonds, asset-backed securities and perpetual bonds—up to the statutory limit of the Company’s outstanding balance. Individual tranches may carry maturities of up to 15 years (excluding perpetual instruments), with proceeds directed toward production and operational needs, debt structure optimisation, working-capital supplementation and project investment.

• Equity Issuance Mandate – A separate one-year mandate authorises the Board to issue additional H-shares or convertible bonds representing up to 20% of the Company’s existing issued share capital. Issue price discounts are capped at 20% to the benchmark price stipulated by Hong Kong Stock Exchange rules. The mandate includes authority to adjust the Company’s registered capital and amend the Articles of Association following any issuance.

• Governance & Compensation – Shareholders will vote on a revised remuneration management system for directors and senior management.

• Fleet Expansion – Approval is sought for planned aircraft purchases; details to be provided at the meeting.

No shareholders are required to abstain from voting on any resolution.

Proxy appointments for H-shareholders must reach Computershare Hong Kong Investor Services Limited at least 24 hours before the meeting. Shareholders and proxies will bear their own travel and accommodation costs.