Cathay Pacific updates on share buy-back and board changes

Cathay Pacific Airways Limited has announced a monthly update regarding its possible off-market share buy-back and changes to its independent board committee. The executive has granted consent to extend the latest date for the despatch of the circular to January 14, 2026. The company is in the process of preparing and finalising information for inclusion in the circular. The completion of the share buy-back remains subject to the satisfaction or waiver of certain conditions, none of which have been met or waived to date.

Following the resignation of Ma Chongxian and the appointment of Liu Tiexiang as non-executive directors with effect from December 24, 2025, the independent board committee now comprises Liu Tiexiang, Guy Bradley, Gordon McCallum, Sun Yuquan, Merlin Swire, Augustus Tang, Wang Mingyuan, Xiao Feng, Bernard Chan, Lily Cheng, Christoph Mueller, and Wang Xiao Bin. All members of the committee reportedly have no direct or indirect interest in the share buy-back.

Shareholders and potential investors are advised that the proposed share buy-back may or may not proceed and should exercise caution when dealing in Cathay Pacific shares and other securities. Further announcements regarding the circular's despatch will be made as appropriate.