Introduction to CDB Aviation FY 2020 Overview March

Introduction to CDB Aviation FY 2020 Overview March 2021

Introduction to CDB Aviation CDB AVIATION’S MISSION IS TO BE A LEADING GLOBAL, FULL-SERVICE AIRCRAFT LESSOR CDB Aviation is the dedicated aircraft leasing platform of China Development Bank reports directly into the country’s highest administrative authority, the State Council, and is world’s largest development finance institution CDB Aviation is rated Investment Grade by S&P Global (A) - long-term issuer credit rating with outlook stable; Fitch (A+) - long-term issuer default rating with outlook stable; and Moody’s (A 2) - local currency and foreign currency issuer ratings with outlook stable; CDB Aviation is part of China Development Bank Financial Leasing Co. , Ltd. , which is listed on HKEX (1606. HK) $9. 6 billion in aircraft leasing assets 1 399 aircraft assets owned, managed, and committed 2 4. 5 years weighted average age; 7. 2 years weighted average remaining lease term 3 1. 2. 3. 2 As of 31 December 2020, based on net book value of owned aircraft As of 31 December 2020, consisting of 236 owned aircraft, 2 managed aircraft, and 161 committed aircraft As of 31 December 2020, weighted by net book value of owned aircraft held for operating lease

FY 2020 Highlights 3 29 77 18 5 $4. 7 B AIRCRAFT ACQUIRED ON OPERATING LEASE TRANSACTIONS SIGNED AIRCRAFT SOLD NEW AIRLINE CUSTOMERS SIGNED FINANCING TRANSACTIONS

Introduction to CDB Aviation 1 Team with worldwide reach In-demand portfolio GLOBAL PLATFORM New technology orderbook INDUSTRY BEST PRACTICES 3 4 FINANCIAL STRENGTH Partner to airlines globally 2 Full-service fleet solutions 4 5 CHINESE & GLOBAL VALUES Professional execution 6

1 Worldwide Team Serving Our Customers in Real Time STAFF IN WORLDWIDE OFFICE LOCATIONS Hong Kong 122 STAFF Dublin As of 31 December 2020 5

2 Partner to Airlines Around the Globe AIRASIA BERHAD AIRASIA INDIA AIR CHANGAN AIR CHINA AIR SEYCHELLES ALITALIA AMAZONAS AMERICAN AIRLINES CHINA EASTERN CHINA SOUTHERN CHINA UNITED COMAIR EMIRATES EVELOP FINNAIR FLYDUBAI INDIGO INDONESIA AIRASIA JAPAN AIRLINES JETSMART KENYA PHILIPPINES AIRASIA QATAR AIRWAYS SAS SCOOT TIGERAIR T’WAY UNITED URAL URUMQI HIMALAYA HUNNU AIR OMAN AIR ONUR AIR THAI AIRASIA 6 THAI AIRASIA X AURORA AVIANCA AZUL BATIK AIR BAMBOO BA CITYFLYER CEBU PACIFIC FRONTIER FUZHOU GARUDA GOAIR GOL GULF AIR HAINAN KLM KUNMING LOONG LUCKY AIR MALINDO AIR MAI NORDSTAR NORDWIND S 7 SHANDONG SICHUAN SPICEJET SPRING SUNEXPRESS SUNNY TEAM SUPARNA TAP VIRGIN ATLANTIC VIVA AEROBUS VOLARIS WAMOS AIR WIZZ XIAMEN 74 LESSEES IN 37 JURISDICTIONS WESTJET Customers as of 31 December 2020

3 Comprehensive Fleet and Finance Solutions DIRECT LEASE Provide airlines with new aircraft delivering from our orderbook Provide airlines economical lift via used aircraft from our existing portfolio 7 SALE AND LEASEBACK Provide airlines with liquidity and capital by purchasing their aircraft assets and then leasing it back Mitigate residual value risk away for airlines PRE-DELIVERY FINANCING Support airlines with liquidity secured by their own orderbook ASSET MANAGEMENT Offer 3 rd party aircraft investors cost-effective access to professional aircraft technical and contracts management services AIRCRAFT TRADING Offer 3 rd party investors a stable channel for acquiring aircraft assets on lease generating cash flow

4 In-Demand Fleet of 238 Owned and Managed Aircraft 1 787 -9 20 1 E 190 Other 3 777 -300 ER 55 11 A 320 ceo Family 737 MAX 8 238 55 AIRCRAFT IN FLEET 737 NG 52 A 320 neo Family 2 A 350 5 A 330 neo 1. 8 As of 31 December 2020, by number of owned and managed aircraft 33 A 330 ceo Family

5 Committed Aircraft 161 MOST IN-DEMAND NEXT GENERATION TECHNOLOGY AIRCRAFT 1 A 320 neo 1. 9 On-order and committed aircraft as of 31 December 2020 A 321 neo 50 34 84 76 737 MAX 8 787 -9 A 320 neo 1

6 Full-Service Execution Capabilities in House COMMERCIAL CONTRACTS ADMINISTRATION 10 LEGAL RISK MANAGEMENT PROCUREMENT DELIVERY SUPPORT FINANCE TAX TECHNICAL ASSET MANAGEMENT TRADING

The information in this document does not purport to be comprehensive and has not been independently verified. While this information has been prepared in good faith, no representation, warranty, assurance or undertaking (express or implied) is or will be made, and no responsibility or liability is or will be accepted by CDB Aviation, its subsidiaries or by any of their respective officers, employees or agents in relation to the adequacy, accuracy, completeness or reasonableness of this document. All and any such responsibility and liability is expressly disclaimed. In particular, but without prejudice to the generality of the foregoing, no representation, warranty, assurance or undertaking is given as to the achievement or reasonableness of any future projections, management estimates, prospects or forecasts contained in this document or in such other information. Hong Kong 20/F, Three Pacific Place 1 Queen’s Road East Wan Chai, Hong Kong Dublin 1 GQ George’s Quay Dublin 2, Ireland WWW. CDBAVIATION. AERO