[CONNECTED TRANSACTION SALE OF AIRCRAFT On 23 November 2018 (after trading hours), Chongqing Airlines, a subsidiary of the Company, entered into the Agreement with Guangzhou Yunde to carry out the Aircraft Sale Transaction. Since CSAH is the controlling shareholder of the Company and Guangzhou Yunde ]

[CONNECTED TRANSACTION SALE OF AIRCRAFT On 23 November 2018 (after trading hours), Chongqing Airlines, a subsidiary of the Company, entered into the Agreement with Guangzhou Yunde to carry out the Aircraft Sale Transaction. Since CSAH is the controlling shareholder of the Company and Guangzhou Yunde ]

[INSIDE INFORMATION Company Listing Rules This announcement is made by China Southern Airlines Company Limited (the “ Board The board of directors (the “ The Company is of the view that the commercial decision mentioned above will not have any material impact on the business operations of the Company]

[By order of the Board China Southern Airlines Company Limited Xie Bing Company Secretary Guangzhou, the People’s Republic of China 15 November 2018 non-executive As at the date of this announcement, the Directors include Wang Chang Shun, Tan Wan Geng and Zhang Zi Fang as executive Directors; and Zhe]

[INSIDE INFORMATION Company Listing Rules This announcement is made by China Southern Airlines Company Limited (the “ Board The board of directors (the “ The Company is of the view that the commercial decision mentioned above will not have any material impact on the business operations of the Company]