POLL RESULT OF EXTRAORDINARY GENERAL MEETING

RNS Number : 4850I

Air China Ld

31 August 2016

 

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

AIR CHINA LIMITED

(a joint stock limited company incorporated in the People's Republic of China with limited liability)

(Stock Code:00753)

POLL RESULT OF EXTRAORDINARY GENERAL MEETING AND

CHANGE OF SUPERVISOR

The board of directors (the "Board") of Air China Limited (the "Company") is pleased to announce the result of the resolution passed at the extraordinary general meeting of the Company held on 30 August 2016 (the "EGM").

The Board is pleased to announce that Mr. Wang Zhengang has been appointed as a supervisor of the Company, with effect upon the conclusion of the EGM. Mr. Wang Zhengang has been elected as the chairman of the supervisory committee of the Company (the "Supervisory Committee") on 30 August 2016.

The Board further announces that Mr. Li Qinglin has resigned to act as a shareholder representative supervisor of the Company and the chairman of the Supervisory Committee, with effect from the conclusion of the EGM.

Reference is made to: (i) the announcement of the Company dated 11 July 2016 relating to the proposed change of supervisor (the "Announcement"); (ii) the circular of the Company dated 14 July 2016 (the "Circular"); and (iii) the notice of the EGM dated 14 July 2016 containing details of the resolution tabled at the EGM.

The Board is pleased to announce that the proposed resolution set out in the form of proxy for the EGM was duly passed by the shareholders of the Company (the "Shareholders") by way of poll at the EGM held on Tuesday, 30 August 2016 at the Conference Room One, 29/F, Air China Building, 36 Xiaoyun Road, Chaoyang District, Beijing, the PRC.

RESULT OF THE EGM

As at the date of the EGM, the total number of shares entitling the Shareholders to attend and vote for or against the proposed resolution proposed at the EGM was 13,084,751,004 shares. The Shareholders and authorised proxies holding in aggregate 10,266,838,164 shares, entitling them to vote for or against the proposed resolution, were present at the EGM. There were no restrictions on any Shareholders to cast votes on the following resolution proposed at the EGM.

The poll result in respect of the proposed resolutions at the EGM were as follows:

ORDINARY RESOLUTION	Votes for Shareholders
	For	Against
To consider and approve the appointment of Mr. Wang Zhengang as a supervisor of the Company.	10,160,839,085 (98.9676%)	105,999,079 (1.0324%)
As more than 50% of the votes were cast in favour of the above resolution, the resolution was duly passed as an ordinary resolution.

KPMG Huazhen LLP was the scrutineer for the vote-taking at the EGM.

APPOINTMENT OF SUPERVISOR

The Board hereby announces that Mr. Wang Zhengang has been appointed as a shareholder representative supervisor of the Company, whose term shall commence upon the conclusion of the EGM and end on the expiry of the term of the current session of the Supervisory Committee. Mr. Wang Zhengang has been elected as he chairman of the Supervisory Committee of the Company on 30 August 2016.

Please refer to the Announcement and the Circular for the biographical details and other information of Mr. Wang Zhengang.

RESIGNATION OF SUPERVISOR

The Board further announces that Mr. Li Qinglin has resigned to act as a shareholder representative supervisor of the Company and the chairman of the Supervisory Committee, with effect from the conclusion of the EGM, due to his retirement. Mr. Li Qinglin confirms that there is no disagreement between him and the Supervisory Committee or the Board and that he is not aware of any matter relating to his termination of service that needs to be brought to the attention to the Shareholders.

The Company wishes to take this opportunity to express its sincere gratitude to Mr. Li Qinglin for his contribution to the Company during his tenure of office.

By order of the Board

Air China Limited

Rao Xinyu          Tam Shuit Mui

Joint Company Secretaries

Beijing, the PRC, 30 August 2016

As at the date of this announcement, the directors of the Company are Mr. Cai Jianjiang, Mr. Song Zhiyong, Mr. Cao Jianxiong, Mr. Feng Gang, Mr. John Robert Slosar, Mr. Ian Sai Cheung Shiu, Mr. Pan Xiaojiang*, Mr. Simon To Chi Keung*, Mr. Stanley Hui Hon-chung* and Mr. Li Dajin*.

* Independent non-executive director of the Company

 

END

 

 

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