Stock Code:
600029 Stock short name: China South Air Notice No.: Lin
2023-045
Announcement of China Southern Airlines Company Limited in relation
to the Approval by China Southern Air Holding Company Limited on
the Issue of A Shares to Specific Entities and
the Issue of H Shares to a Specific Entity
The board (the Board) of directors (the Directors) of the Company and all its members confirm that the contents of this
announcement do not contain any misrepresentations, misleading statements or material omissions, and accept legal responsibilities for the truthfulness, accuracy and completeness of the information contained in this announcement.
China Southern Airlines Company Limited (the Company) held the fifteenth meeting of the ninth session of the Board on 31 May 2023,
which considered the relevant proposals in relation to the issue of A shares to specific entities and the issue of H shares to a specific entity by the Company. Please refer to the relevant announcements published by the Company on China Securities
Journal, Shanghai Securities News and Securities Times and the website of the Shanghai Stock Exchange (www.sse.com.cn) on 1 June 2023 for details.
Recently, the Company received the Approval on Relevant Matters for the Issue of A Shares and H Shares to Specific Entities by China Southern Airlines
Company Limited (Nan Hang Ji Tuan Fa [2023] No. 9) from China Southern Air Holding Company Limited (CSAH), the controlling shareholder of the Company, stating that, in accordance with the relevant provisions of the
Measures for the Supervision and Administration of State-owned Equities of Listed Companies (Order No. 36 of the State-owned Assets Supervision and Administration Commission of the State Council, the Minister of Finance and the
China Securities Regulatory Commission), CSAH agreed in principle to the Companys issue of A shares to specific entities of not more than 5,436,269,319 shares (including 5,436,269,319 shares) with the total amount of proceeds raised of not
more than RMB17,500 million (including RMB17,500 million), and the issue of H shares to a specific entity of not more than 855,028,969 shares (including 855,028,969 shares) with the total amount of proceeds raised of not more than
HK$2,900 million (including HK$2,900 million).
The above issuance matter is still subject to approval at the general meeting of the Company, and
will be implemented upon obtaining the approval by the Shanghai Stock Exchange and the approval by the China Securities Regulatory Commission for registration. According to the progress of this matter, the Company will strictly perform its
information disclosure obligation in time in accordance with the rules and requirements of relevant laws and regulations regarding the issue of shares by listed companies to specific entities. Investors are advised to be aware of the investment
risks.
The Board of Directors of
China Southern Airlines Company Limited
27 July 2023
1