Overview Ethiopian Background Information Fleet Summary

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Overview Ethiopian Airlines (Ethiopian) is the leading and most profitable airline in Africa. In 014 IATA ranked Ethiopian as the largest airline in Africa in revenue and profit. Over the past seven decades, Ethiopian has been a pioneer of African aviation as an aircraft technology leader. Ethiopian provided the first jet service in the continent in 19, the first African B787 Dreamliner in 01 and is leading the way again by providing the first African A350 XWB. Ethiopian joined Star Alliance, the world s largest Airline network, in December 011. Ethiopian is currently implementing a 15-year strategic plan called Vision 05 that will see it become the leading airline group in Africa with seven strategic business units. Ethiopian is a multi-award winning airline, including SKYTRAX and Passenger Choice Awards in 015, and has been registering an average growth of 5% per annum for the past ten years. Ethiopian Background Information Founded E December 1, 1945 Starting date of operation E April 08, 194 Ownership E Government of Ethiopia (100%) Head Office E Bole International Airport, P.O. Box 1755 Addis Ababa, Ethiopia Fax: (+ 51)111 1474 Reservations E Tel: (+51) 11 5 Website E http://www.ethiopianairlines.com Chief Executive Officer E Mr. Tewolde GebreMariam Fleet Summary Aircraft Inventory: Average age of aircraft: Passenger aircraft Airbus - A350-900 Boeing 787-800 Boeing 777-300ER Boeing 777-00LR Boeing 77-300ER Boeing 737-800W Boeing 737-700NG Bombardie Q400 8 5 years 1 4 15 8 17 Flett on order: 51 Airbus - A350-900 Boeing 787-9 Boeing 787-800 Boeing 737 MAX 8s Bombardier Q-400 1 4 3 30 Freighters Boeing 777F Boeing 757-00F

Code Share Partners United Airlines Kuwait Airways Lufthansa Air Canada Scandinavian Airlines South African Airways Turkish Airlines Rwanda Air Air China Austrian Airlines Malaysian Airlines TAP Portugal Airline AEGEAN Airlines ASKY Airine Asiana Airlines Mozambique Airlines Air India Egypt Air Oman Air Singapore Airines Shenzhen Airlines All Nippon Airways ELAL Israel Airlines Avianca Brazil Network Information Services to 95 International and 19 Domestic destinations: International Destinations In Africa (53): Abidjan, Abuja, Accra, Addis Ababa, Bamako, Bahir Dar, Blantyre, Brazzaville, Bujumbura, Cairo, Cape Town, Dakar, Durban, Cottonou, Dar-Es-Salaam, Dire Dawa, Djibouti, Douala, Entebbe, Enugu, Gaborone, Goma, Harare, Hargeisa, Johannesburg, Juba, Khartoum, Kano, Kigali, Kilimanjaro, Kinshasa, Lagos, Libreville, Lilongwe, Lome, Luanda, Lubumbashi, Lusaka, Malabo, Maputo, Mekele, Mombasa, Moroni, N Djamena, Nairobi, Ndola, Niamey, Ouagadougou, Pointe-Noire, Seychelles, Windhoek, Yaounde and Zanzibar. In Europe & the Americas (17): Brussels, Dublin, Frankfurt, Liege, London, Los Angeles, Maastricht, Milan, Madrid, New York, Paris, Rome, Sao Paulo, Stockholm, Toronto, Vienna and Washington DC. In the Middle East & Asia (5): Bahrain, Bengaluru, Bangkok, Beijing, Beirut, Chennia, Dammam, Delhi, Doha, Dubai, Dubai World Center, Guangzhou, Hong Kong, Jeddah, Kuala Lumpur, Kuwait, Manila, Mumbai, Muscat, Riyadh, Seoul, Shanghai, Singapore, Tel Aviv and Tokyo. Domestic (19): Addis Ababa, Arba Minch, Assosa, Axum, Bahar Dar, Dembi Dolo, Dire Dawa, Gambella, Gode, Gonder, Hawassa, Humera, Jijiga, Jimma, Kebri Dahar, Kombolcha, Lalibela, Mekele, and Semera. 3

Ethiopian with Two Class Services Cloud Nine: Combined services of First and Business Classes. Cloud Nine has the space, comfort and style that make flying with Ethiopian a pleasure. Economy Class: Passengers are offered 14 audio channels with access to a video library of 1 Blockbuster Hollywood films, 1 classics including films for children, 49 international films & 8 TV shows including a destination guides. Frequent Flyer Program: ShebaMiles awards Ethiopian frequent flyers with award tickets, upgrades to business class, access to all Star Alliance member airline executive lounges, additional free baggage allowance and many other privileges for their accumulated mileages. Addis Ababa - Ethiopian Main Hub Lome (Togo) - Ethiopian Second Hub Lilongwe (Malawian) - Ethiopian Third Hub Passenger Airport Terminal Human Capital Number of employees as of October, 01 stands at +1,100. Ethiopian Aviation Academy (EAA) Ethiopian Aviation Academy (EEA) is the largest and the most modern aviation academy in Africa recognized as ICAO regional Training Center of Excellence. To train aviation professionals from classrooms to simulator training, EEA offers industry standard training for pilots, aircraft technicians, cabin attendants and ground services staff both for initial and recurrent students. The Leadership & Career Development Center is training thousands in Management and Leadership Skills. Our cabin crew training simulates real-time scenarios with training aircrafts designed for emergency drills and service training. Our pilot training school has light aircraft, motionless and moving simulators on both training and jet aircraft. Virtual Maintenance Trainers (VMTs) and various workshops feature our aircraft maintenance training. Beyond these, our academy is venturing into e-learning and virtual classroom training. Trainee services include a trainees cafeteria, dormitories, an administration complex and a plush new auditorium. The academy plans to take in 4,000 students a year. Full Flight Simulator Our simulators are for the most technologically advanced aircraft as a sign of the company s commitment to leading Africa s aviation industry, as well as bridging the continent s skills gap. We have simulators for all the aircraft we fly; B787, B777, B77/B757, B737 and Q400. 4

Ethiopian Maintenance and Repair Overhaul (MRO) The scale of the MRO operation at Ethiopian is breathtaking. It is the largest MRO service in Africa and serves this continent and the Middle East. The facility is fully equipped with hangars, Engine and Component Maintenance workshops and all the harnesses and equipment needed to dismantle, repair and overhaul aircraft, engines and components. Even if you ve flown a lot you might have not fully appreciated the size of the largest jet engines until you re up close and personal with them as you walk through the workshop. The MRO service was established in 1957 and it currently employs over 1,800 technical personnel. Ethiopian MRO provides Line Maintenance services at all stations where Ethiopian flies and extends the services to other operators at some of the stations. The facility is fully certified by the ETCAA, FAA and EASA. Ethiopian MRO offers world-class services to its customers and helps make Ethiopian one of the most dependable and safest airlines in the world. Ethiopian Cargo Ethiopian Cargo is the largest network cargo operator in Africa. With our dedicated - Boeing 777-00LRF and - Boeing 757-0 freighters, we serve 35 cargo destinations in Africa, the Gulf, the Middle East, Asia and Europe with an average daily uplift of 50 tons on top of the belly hold capacity to over 95 destinations in our network with daily average uplift of 150 tons. Ethiopia is perfectly situated in the center of the emerging economies and Ethiopian Cargo, as the largest cargo operator, is also contributing its part to the economic growth through its main hub, Addis Ababa Bole international Airport. In line with the Vision 05, Ethiopian Cargo is building a state of the art cargo terminal with an annual capacity of 1. million tons and planning to serve 37 destinations using 18 freighter aircrafts. Ethiopian Catering The new catering facilities expansion built with an investment of US$ 15 million which has a capacity to produce 100,000 meals a day, up from the current 3,000 is inaugurated on October 9, 01. The facilities are modern and fully equipped to deal with such a high demand. Good food is important to our discerning customers. Ethiopian Catering is dedicated to delivering high quality service and part of that is delivering high quality food. The new menus give customers the choice of local injera, a vegan option, and a variety of world cuisines, from Chinese and Indian to Italian. 5

Awards Ethiopian proved to be a Multi Award Winner receiving recognition from reputable organizations. Best Airline Staff in Africa Award for the second time from SKYTRAX World Airline Award on July 1, 01 at Farnborough Airshow event held in Hampshire, England. African Airline of the Year Award for 01 during the 5th Anniversary African Aviation Air Finance Africa Conference & Exhibition and African Aviation Summit held on May 11, 01. Recognized as ICAO Regional Training Center of Excellence on May 11, 01 at the ICAO s Global Aviation Training and TRAINAIR PLUS symposium held at Conrad hotel in Seoul, Korea. Best Cargo Airline of the Year from Africa at the 01 Cargo Airline of the Year Air Cargo News awards held at the Lancaster London Hotel, London on 3 April 01. Best Airline to Africa, for a nd yr in a row, & Best Airline in Africa by Premier Traveler on Dec.10, 015 Africa Best Employer Brand Awards at a ceremony held on December 8, 015 at Le Meridien Hotel in Mauritius. Ethiopian Airlines Group CEO Tewolde GebreMariam received Most Gender Focused CEO Award 015 from the Leading Women of Africa (LWA) on Dec. 3, 015 Ethiopian Aviation Academy officially received ICAO TRAINAIR PLUS Full Membership award from the International Civil Aviation Organization (ICAO) on Nov. 17, 015. Ethiopian won Airline of the Year Award for the fourth time in a row from AFRAA (African Airines Association) Nov. 10, 015. Passenger Choice Awards for Best Airline in Africa for the third time in a row on Oct. 1, 015. CAPA Airline of the Year Award, one of the top airline awards on Oct. 8, 015. The Rising Star Carrier of the Year Award on Payload Asia Awards 015. Contact us on: Manager Corporate Communications P.O. Box 1755, Addis Ababa, Ethiopia. Tel: (+51-11) 517 8407/85/8907/815/859/8913 Fax: (+51-11) 1 1474 E-mail:CorporateCommunication@ethiopianairlines.com Follow us on: www.ethiopianairlines.com www.facebook.com/ethiopianairlines.com www.twitter.com/flyethiopian www.youtube.com/flyethiopian http://instagram.com/fly.ethiopian http://plus.google.com/+ethiopianairlinescom