Beijing Capital International Airport Company Limited (“Beijing Airport”, 00694) has executed a new Spots Leasing Agreement with Beijing Capital Airport Commercial & Trading Co., Ltd. (“BACT”), a wholly-owned unit of its controlling shareholder Capital Airports Holdings, according to an exchange filing dated 8 April 2026.

Under the agreement, effective from 10 April 2026 to 9 April 2028, Beijing Airport will continue to lease designated areas in Terminals T1, T2 and T3 to BACT for the installation and operation of self-service food and beverage vending machines. BACT will appoint third-party operators through open tender and assume joint liability for their compliance with airport regulations.

Compensation comprises: 1. Spots leasing fee – calculated quarterly with reference to (i) a negotiated base fee benchmarked against market quotations for comparable services, (ii) the number of leased spots, and (iii) actual passenger throughput versus 2019 levels at each terminal. 2. Energy usage fee – a monthly pass-through charge covering electricity, water, refrigeration and heating based on machine count, rated power and operating days.

The board approved three annual caps for the arrangement: • RMB5.16 million for the period 10 Apr 2026–31 Dec 2026 • RMB7.18 million for the year ending 31 Dec 2027 • RMB2.02 million for the period 1 Jan 2028–9 Apr 2028

Caps were set with reference to historical billings, projected spot numbers, prevailing market rates and anticipated passenger-traffic fluctuations.

Historical transactions show: • RMB1.91 million in 2023 • RMB2.63 million in 2024 • RMB0.78 million for 1 Jan – 9 Apr 2025 • RMB4.16 million for 10 Apr – 31 Dec 2025 (under the existing agreement) • RMB1.52 million for 1 Jan – 9 Apr 2026 (unaudited)

The transaction is classified as a continuing connected transaction under Chapter 14A of the Hong Kong Listing Rules. With the highest applicable percentage ratio exceeding 0.1 % but below 5 %, it requires disclosure, annual review and announcement, but is exempt from independent shareholders’ approval. Directors holding concurrent positions at the parent company abstained from voting.

Beijing Airport views the arrangement as integral to enhancing passenger services and expanding commercial operations within the terminals, citing BACT’s established operating record and familiarity with airport compliance requirements.