Common use of BOARD’S APPROVAL Clause in Contracts

BOARD’S APPROVAL. The Service Building Staff Restaurant Services Management Agreement and the transactions contemplated thereunder, including the annual caps, were approved by the Board. As at the date of this announcement, there are no overlapping directors and senior management between the Company and Beijing Jingrui. Moreover, while the executive Directors and the non- executive Directors concurrently serve as director, senior management or hold other senior position(s) of the Parent Company, none of the Directors personally has any material interest in the transactions contemplated under the Service Building Staff Restaurant Services Management Agreement entered into by the Company and Beijing Jingrui. Therefore, none of the Directors has abstained from voting at the Board meeting to approve the Service Building Staff Restaurant Services Management Agreement and the transactions contemplated thereunder, including the annual caps. LISTING RULES IMPLICATIONS As at the date of this announcement, the Parent Company is the controlling shareholder of the Company, holding approximately 58.96% of the issued share capital of the Company as at the date of this announcement. Since Beijing Jingrui is a wholly-owned subsidiary of Beijing Airport Tourism Business, and Beijing Airport Tourism Business is a wholly-owned subsidiary of the Parent Company, Beijing Jingrui is therefore a connected person of the Company. Accordingly, the Service Building Staff Restaurant Services Management Agreement and the transactions contemplated thereunder constitute continuing connected transactions of the Company under Chapter 14A of the Listing Rules. As the highest of the applicable percentage ratios (as defined under Rule 14.07 of the Listing Rules) in respect of the transactions contemplated under the Service Building Staff Restaurant Services Management Agreement is more than 0.1% but less than 5%, the Service Building Staff Restaurant Services Management Agreement is subject to the reporting, announcement and annual review requirements, but is exempt from the Independent Shareholders’ approval requirement under Chapter 14A of the Listing Rules.

BOARD’S APPROVAL. The Service Building Staff Restaurant Purchase of Temporary Storage and Lost and Found Services Management Agreement and the transactions contemplated thereunder, including the annual capscap, were approved by the Board. As at the date of this announcement, there are no overlapping directors and senior management between the Company and Beijing JingruiAirport Tourism Business. Moreover, while the executive Directors and the non- non-executive Directors concurrently serve as director, director or senior management or hold other senior position(s) of the Parent Company, none of the Directors personally has any material interest in the transactions contemplated under the Service Building Staff Restaurant Purchase of Temporary Storage and Lost and Found Services Management Agreement entered into by the Company and Beijing JingruiAirport Tourism Business. Therefore, none of the Directors has abstained from voting at the Board meeting to approve the Service Building Staff Restaurant Purchase of Temporary Storage and Lost and Found Services Management Agreement and the transactions contemplated thereunder, including the annual capscap. LISTING RULES IMPLICATIONS As at the date of this announcement, the Parent Company is the controlling shareholder of the Company, holding approximately 58.96% of the issued share capital of the Company as at the date of this announcementCompany. Since Beijing Jingrui is a wholly-owned subsidiary of Beijing Airport Tourism Business, and Beijing Airport Tourism Business is a wholly-owned subsidiary of the Parent Company, Beijing Jingrui Airport Tourism Business is therefore a connected person of the Company. Accordingly, the Service Building Staff Restaurant Purchase of Temporary Storage and Lost and Found Services Management Agreement and the transactions contemplated thereunder constitute continuing connected transactions of the Company under Chapter 14A of the Listing Rules. As the highest of the applicable percentage ratios (as defined under Rule 14.07 of the Listing Rules) in respect of the transactions contemplated under the Service Building Staff Restaurant Purchase of Temporary Storage and Lost and Found Services Management Agreement is more than 0.1% but less than 5%, the Service Building Staff Restaurant Purchase of Temporary Storage and Lost and Found Services Management Agreement is subject to the reporting, announcement and annual review and announcement requirements, but is exempt from the Independent Shareholders’ approval requirement under Chapter 14A of the Listing Rules.

BOARD’S APPROVAL. The Service Building Staff Restaurant Services Management Food and Beverage Resources Usage Agreement and the transactions contemplated thereunder, including the annual caps, were approved by the Board. As at the date of this announcement, there are no overlapping directors and senior management between the Company and Beijing JingruiAirport Food Management. Moreover, while the executive Directors and the non- non-executive Directors concurrently serve as director, directors or senior management or hold other senior position(s) of the Parent Company, none of the Directors personally has any material interest in the transactions contemplated under the Service Building Staff Restaurant Services Management Food and Beverage Resources Usage Agreement entered into by the Company and Beijing JingruiAirport Food Management. Therefore, none of the Directors has abstained from voting at the Board meeting to approve the Service Building Staff Restaurant Services Management Food and Beverage Resources Usage Agreement and the transactions contemplated thereunder, including the annual caps. LISTING RULES IMPLICATIONS As at the date of this announcement, the Parent Company is the controlling shareholder of the Company, holding approximately 58.96% of the issued share capital of the Company as at the date of this announcementCompany. Since Beijing Jingrui is a wholly-owned subsidiary of Beijing Airport Tourism Business, and Beijing Airport Tourism Business Food Management is a wholly-owned subsidiary of the Parent Company, Beijing Jingrui Airport Food Management is therefore a connected person of the Company. Accordingly, the Service Building Staff Restaurant Services Management Food and Beverage Resources Usage Agreement and the transactions contemplated thereunder constitute continuing connected transactions of the Company under Chapter 14A of the Listing Rules. As the highest of the applicable percentage ratios ratio (as defined under in Rule 14.07 of the Listing Rules) in respect of the transactions contemplated under the Service Building Staff Restaurant Services Management Food and Beverage Resources Usage Agreement is more than 0.1% but less than 5%, the Service Building Staff Restaurant Services Management Food and Beverage Resources Usage Agreement is and the transactions contemplated thereunder (including the annual caps) are subject to the reporting, announcement and annual review and announcement requirements, but is exempt from the Independent Shareholders’ approval requirement under Chapter 14A of the Listing Rules.

BOARD’S APPROVAL. The Service Building Staff Restaurant Terminals Drinking Water Facility Management Services Management Agreement and the transactions contemplated thereunder, including the annual caps, were approved by the Board. As at the date of this announcement, there are no overlapping directors and senior management between the Company and Beijing JingruiZhongpeng. Moreover, while the executive Directors and the non- executive Directors concurrently serve as director, director or senior management or hold other senior position(s) of the Parent Company, none of the Directors personally has any material interest in the transactions contemplated under the Service Building Staff Restaurant Terminals Drinking Water Facility Management Services Management Agreement entered into by the Company and Beijing JingruiZhongpeng. Therefore, none of the Directors has abstained from voting at the Board meeting to approve the Service Building Staff Restaurant Terminals Drinking Water Facility Management Services Management Agreement and the transactions contemplated thereunder, including the annual caps. LISTING RULES IMPLICATIONS As at the date of this announcement, the Parent Company is the controlling shareholder of the Company, holding approximately 58.96% of the issued share capital of the Company as at the date of this announcementCompany. Since Beijing Jingrui Zhongpeng is a wholly-owned subsidiary of Beijing Airport Tourism Businessthe Power and Energy Company, and Beijing Airport Tourism Business which is in turn a wholly-owned subsidiary of the Parent Company, Beijing Jingrui Zhongpeng is therefore a connected person of the Company. Accordingly, the Service Building Staff Restaurant Terminals Drinking Water Facility Management Services Management Agreement and the transactions contemplated thereunder constitute continuing connected transactions of the Company under Chapter 14A of the Listing Rules. As the highest of the applicable percentage ratios (as defined under Rule 14.07 of the Listing Rules) in respect of the transactions contemplated under the Service Building Staff Restaurant Terminals Drinking Water Facility Management Services Management Agreement is more than 0.1% but less than 5%, the Service Building Staff Restaurant Terminals Drinking Water Facility Management Services Management Agreement is subject to the reporting, announcement and annual review requirements, but is exempt from the Independent Shareholders’ approval requirement under Chapter 14A of the Listing Rules.