The Board of Directors of BOC Aviation Limited announced that Mdm. Zhang Xiaolu, Deputy Managing Director, an Executive Director and Vice Chairman and a member of senior management, will leave her current executive role as Deputy Managing Director of the Company in order to take up a new position with Bank of China Limited on 15 April 2024. Mdm.

Zhang will remain on the Board and will be re-designated as a Non-executive Director with effect from 16 April 2024, and will remain Vice Chairman and a member of the Strategy and Budget Committee. Mdm. Zhang, aged 56, joined the Company as Deputy Managing Director, an Executive Director and Vice Chairman in January 2020.

Mdm. Zhang had worked at BOC since July 1990 in various positions, including serving as Deputy CEO and COO at Bank of China (Suisse) S.A., as an Executive Director and Special Advisor of Bank Julius Baer & Co. Ltd. in Zurich and as Deputy General Manager of BOC Luxembourg Branch and Bank of China (Luxembourg) S.A. Mdm.

Zhang graduated with a Bachelor's degree in International Leasing and Foreign Trade Accounting from Beijing Union University in 1990, a Bachelor's degree in English Language from Beijing Foreign Studies University in 2006 and a Master's degree in Business Administration from Southwestern University of Finance and Economics in 2000. The Board announced that Mdm. Liu Yunfei is appointed as a Non-executive Director, and a member of the Risk Committee and the Strategy and Budget Committee with effect from 16 April 2024.

Mdm. Liu Yunfei, aged 55, joined BOC in July 1991 and is currently the Deputy General Manager, Compliance Officer and Risk Officer of the Global Transaction Banking Department of BOC (since June 2020). Mdm.

Liu is also a director of Bank of China Mexico. From January 2006 to June 2020, Mdm. Liu served successively as Assistant Operations Director and Operations Director of the International Settlement Department, Operations Director of the Corporate Finance Unit (International Settlement), Deputy General Manager of the Trade Finance Department, and Deputy General Manager of the Global Transaction Banking Department of BOC.

Mdm. Liu graduated from Fudan University in July 1991 with a Bachelor of Economics degree, and received her Master of Laws degree from University of Warwick, UK in September 2004.