China Aircraft Leasing : VOLUNTARY ANNOUNCEMENT - SHARE TRANSFER TO FAMILY TRUST

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CHINA AIRCRAFT LEASING GROUP HOLDINGS LIMITED

中 國 飛 機 租 賃 集 團 控 股 有 限 公 司

(Incorporated under the laws of the Cayman Islands with limited liability)

(Stock code: 1848)

VOLUNTARY ANNOUNCEMENT

SHARE TRANSFER TO FAMILY TRUST

This announcement is made by the China Aircraft Leasing Group Holdings Limited (the "Company") on a voluntary basis.

The board (the "Board") of directors of the Company (the "Directors") was notified by Mr. POON Ho Man ("Mr. POON"), an executive Director and the second largest shareholder of the Company (through Friedmann Pacific Asset Management Limited ("FPAM")), that for long-term family planning and charity purpose, Mr. POON and Ms. Christina NG (both of whom as settlors) established a family trust, Capella Succession Trust ("Capella Trust"), appointing Lombard Odier (Hong Kong) Limited ("Lombard Odier HK") as the independent investment power holder. Such independent investment power holder - Lombard Odier HK is a member of Lombard Odier Group, a Swiss private bank specialized in wealth and asset management, private banking services and technology for banking. Pursuant to Capella Trust deed, Lombard Odier HK shall have sole power to make all decisions regarding the investments within Capella Trust.

Recently, a deed of gift was entered into by FPAM (which is beneficially owned as to 50% by Mr. POON and 50% by Ms. Christina NG, both of whom as donors) as transferor, pursuant to which the donors and the transferor agreed to transfer 36,707,293 shares of the Company (the "Shares") (representing approximately 4.9% of the entire issued share capital of the Company as at the date of this announcement) to Capella Trust at nil consideration (the "Share Transfer"). Completion of the Share Transfer took place on 15 June 2022.

Upon completion of the Share Transfer, Mr. POON is deemed to be interested in 185,827,261 Shares, representing approximately 25% of the entire issued share capital of the Company as at the date of this announcement.

Shareholders and potential investors of the Company should exercise caution when dealing in the securities of the Company.

By order of the Board

China Aircraft Leasing Group Holdings Limited

POON HO MAN

Executive Director and

Chief Executive Officer

Hong Kong, 20 June 2022

As at the date of this announcement, (i) the Executive Directors are Dr. ZHAO Wei, Mr. POON Ho Man and Ms. LIU Wanting; (ii) the Non-executive Director is Mr. WANG Hongyang; and (iii) the Independent Non-executive Directors are Mr. FAN Yan Hok, Philip, Mr. CHEOK Albert Saychuan and Dr. TSE Hiu Tung, Sheldon.