percent or more of the total voting rights in the immediate holding entity, or (2) nominating a substantial number of directors. 8 Please enclose the documents that indicate the voting rights of shares of
immediate holding entity, or (2) nominating a substantial number of directors. 8 Please enclose the documents that indicate the voting rights of shares of the business held by each person and persons under
juristic person that is an existing shareholder of the business. The significant control shall include (1) holding of shares conferring 50 percent or more of the total voting rights in the immediate holding
include (1) holding of shares conferring 50 percent or more of the total voting rights in the immediate holding entity, or (2) nominating a substantial number of directors. 8 Please enclose the documents
the share purchase agreement are fulfilled. Upon consummation of the Share Acquisition Transaction, the Company will be the shareholder of Hero Experience holding shares equivalent to 32.5 percent of
into by the Company when the conditions precedent specified in the share purchase agreement are fulfilled. Upon consummation of the Share Acquisition Transaction, the Company will be the shareholder of
Company has 23 codeshare partners in total in which the Company has entered into codeshare agreement with 3 airlines: Xiamen Airlines (since May 2017) Hong Kong Airlines (since November 2017) Vietnam