Hainan Airport Facilities Co., Ltd. Progress Announcement on Providing Guarantees for Subsidiaries

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Stock code: 600515; Stock abbreviation: Hainan Airport; Announcement No.: Lin 2026-008

Hainan Airport Facilities Co., Ltd.

Progress Announcement on Providing Guarantees for Subsidiaries

The board of directors of the Company and all directors hereby guarantee that this announcement contains no false records, misleading statements, or material omissions, and assume legal responsibility for the truthfulness, accuracy, and completeness of the contents of this announcement.

Key Points:

● Guaranteed party and basic information

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● Cumulative guarantee situation

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I. Overview of the Guarantee

(I) Basic information of the Guarantee

To meet the funding needs for the Phase II expansion project of the Boao-Haikou International Airport in Qionghai, recently, Hainan Airport Facilities Co., Ltd. (hereinafter referred to as the “Company”), the Company’s controlling subsidiary Hainan Boao Airport Co., Ltd. (hereinafter referred to as “Boao Co., Ltd.”) signed with the China Development Bank Hainan Branch and Bank of Xingye Co., Ltd. Haikou Branch (together referred to as the “Lenders”) the “Syndicated Loan Contract for Renminbi Funds for the Phase II Expansion Project of Boao Airport” (hereinafter referred to as the “Loan Contract”), under which the Company borrows RMB 5,800 million from the Lenders. The Company, as a joint borrower, jointly and severally assumes full repayment responsibility for the debts under the Loan Contract. Based on a prudent principle, the Company shall fulfill the disclosure procedures in accordance with situations where guarantees are provided for controlling subsidiaries.

(II) Internal decision-making procedures

The Company convened the 24th meeting of the 10th session of the board of directors and the 2024 annual general meeting of shareholders on April 14, 2025 and May 22, 2025, respectively, and deliberated and approved the “Proposal on the Company’s 2025 External Guarantee Quota Plan,” agreeing that in 2025 the Company would provide guarantees for its controlling subsidiaries with a total guarantee quota of RMB 1.3 billion, of which, guarantees for Boao Co., Ltd. shall be no more than RMB 800 million. The validity period is from the date when the 2024 annual general meeting of shareholders approves the proposal until the date when the general meeting of shareholders for the 2025 fiscal year is held. This guarantee matter falls within the guarantee quota range approved by the Company’s general meeting of shareholders and within the validity period. For details, please refer to the “Hainan Airport Facilities Co., Ltd. Announcement on the 2025 External Guarantee Quota Plan” (Announcement No.: Lin 2025-017) and the “Announcement on Resolutions of the 2024 Annual General Meeting of Shareholders of Hainan Airport Facilities Co., Ltd.” (Announcement No.: 2025-038), published by the Company on the website of the Shanghai Stock Exchange (www.sse.com.cn) and other designated information disclosure media.

II. Basic information of the Guaranteed Party

(I) Basic information

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III. Main contents of the Loan Contract

1. Borrower A: Hainan Airport Facilities Co., Ltd.

Borrower B: Hainan Boao Airport Co., Ltd.

2. Lenders: China Development Bank Hainan Branch and Bank of Xingye Co., Ltd. Haikou Branch

3. Loan amount: 5,800 million

4. Loan term: from the date of drawdown of the first loan under this contract as specified herein, to the date on which repayment of principal for the last drawdown of the loan under this contract as specified herein becomes due; total of 25 years.

5. Use of proceeds: This loan may only be used for the construction and development of the Phase II expansion project of Boao Airport. The Borrower shall not divert the loan under this contract.

IV. Necessity and reasonableness of the Guarantee

The above-mentioned guarantee matters are mainly to meet the funding needs for Boao Co., Ltd. to construct the Phase II expansion project of the Boao-Haikou International Airport in Qionghai. Once completed and put into use, the project will be conducive to improving the operational service level of the Boao-Haikou International Airport and enhancing the Company’s competitive strength in airport operations business. Boao Co., Ltd. has no overdue debts, its current operating situation is good, and it has the ability to repay its debts. There are no major events of default. There are no major lawsuits or arbitration matters. The Company can effectively monitor the flow of funds and the sources of repayment. The overall risk of this guarantee is controllable and will not have an adverse impact on the Company’s normal operation and business development. There is no situation that would harm the interests of the Company and its shareholders.

V. Total number of external guarantees and number of overdue guarantees

As of the date of disclosure of this announcement, the total external guarantee amount provided by the Company and its controlling subsidiaries is RMB 36,643.469 million, representing 15.58% of the Company’s audited net assets for the most recent period; the total guarantee amount provided by the Company to its controlling subsidiaries is RMB 7,724.888 million, representing 3.28% of the Company’s audited net assets for the most recent period. The listed company does not provide guarantees to controlling shareholders, actual controllers, or their related parties. The Company has no overdue external guarantees.

This announcement is hereby issued.

Board of Directors of Hainan Airport Facilities Co., Ltd.

April 1, 2026

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