The Board of Directors Of Cathay Pacific Airways Limited announced that the following changes will take effect from 1st April 2023: Mr. Gregory Thomas Forrest HUGHES ("Mr. Hughes") will cease to be an Executive Director and Chief Operations and Service Delivery Officer of the Company; and Mr. Alexander James John MCGOWAN ("Mr. McGowan") will become an Executive Director and will succeed Mr. Hughes as Chief Operations and Service Delivery Officer of the Company. Mr. Hughes has confirmed that he is not aware of any matter relating to his resignation that needs to be brought to the attention of the shareholders of the Company. He has also confirmed that his resignation is due to his retirement and that he has no disagreement with the Board.

Mr. McGowan, aged 50, has been Director Service Delivery of the Company since 1st September 2020 and he will cease to be Director Service Delivery on becoming Chief Operations and Service Delivery Officer of the Company. He was General Manager Aircrew, Flight Operations of the Company from July 2018 to August 2020. He joined the Company in 2005 and has led a number of departments across the airline.

Before joining the Company, he had worked for an international airline based in London and a technology start up in Seattle. He holds a Bachelor of Science degree in Strategic Systems Management from Bournemouth University. In accordance with the Articles of Association of the Company, Mr. McGowan will hold office as a Director of the Company until its annual general meeting to be held in 2023 (and will then be eligible for election).

Thereafter he will retire at the third annual general meeting of the Company following his election. As of March 31, 2023, the Directors of the Company are: Executive Directors: Patrick Healy (Chair), Gregory Hughes, Ronald Lam, Lavinia Lau, Rebecca Sharpe; Non-Executive Directors: Ma Chongxian (Deputy Chair), Guy Bradley, Gordon McCallum, Sun Yuquan, Merlin Swire, Xiao Feng, Zhang Zhuo Ping; Independent Non-Executive Directors: Bernard Chan, John Harrison, Christoph Mueller and Andrew Tung.