GAMECO and Thales Sign Agreement to Deepen Cooperation

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GAMECO and Thales signed an industrial collaboration agreement to further cooperation in MRO activities. Thales will continue providing support to GAMECO in the areas of aircraft maintenance, the procurement distribution of aviation supplies, and technical documentations and Test Program Sets (TPS).

Both parties will keep the collaboration momentum in contributing to the high-quality development of Chinese civil aviation market with innovative products, solutions and quality services.

Thales in China

At the 14th Airshow China in Zhuhai, Guangzhou Aircraft Maintenance Engineering Co., Ltd. (GAMECO) and Thales signed an industrial collaboration agreement to expand their MRO cooperation on November 9th, 2022.

This agreement represents a step forward following the Commercial Letter signed by the two parties in 2021, for the purpose of cooperating on component maintenance, technical documentations, Test Program Sets (TPS) and equipment provision. Since then, Thales and GAMECO have collaborated to achieve a successful trial run in the field of MRO services.

Thales can leverage the OEM's expertise to provide GAMECO with its comprehensive aftermarket service and support, including sharing and updating of digital technical documentations, maintenance and upgrading of test program software, and direct supply of original aircraft components. With an access to Thales' responsive and reliable maintenance support, GAMECO's in-depth maintenance capacity and core competitiveness will be undoubtedly strengthened.

Mr. Marc Szepan, General Manager of GAMECO, stated at the signing ceremony, The signing of the industrial collaboration agreement gives a boost to the partnership between GAMECO and Thales. We are confident that Thales is our close business partner to deliver the top quality services expected by our customers. The enhanced cooperation will bring GAMECO and Thales a win-win future.

Mr. Thierry Weulersse, CEO of Thales in China, also stated that The agreement demonstrates GAMECOs continuous trust in Thales and recognition of the value of our premium services. Through this strong partnership, we will maintain the momentum of our collaboration in contributing to the high-quality development of Chinese civil aviation market with innovative products, solutions and quality services.

Thales has been the trusted partner for the Chinese aerospace industry over the past 40 years. GAMECO is also the leading MRO service provider in China's aviation market. The combination of the deep expertise and resources of both GAMECO and Thales will give a leading edge to our local customers. said Eric Huber, Vice President, Thales Aviation Global Services.

About GAMECO

Guangzhou Aircraft Maintenance Engineering Company Limited (GAMECO) is a joint venture between China Southern Airlines Co. Ltd. (CSN) and Hutchison Whampoa (China) Ltd. (HWCL). GAMECO specializes in aircraft MRO, line maintenance, component MRO, landing gear repair, parts manufacture, composite parts repair, freighter conversion, cabin refurbishment and configuration modification, aircraft painting, engineering technical solutions, training, materials management and sales, ground support equipment MRO, and on-site technical solutions for AOG, etc.

About Thales

Thales (Euronext Paris: HO) is a global leader in advanced technologies, investing in digital and deep tech innovations - connectivity, big data, artificial intelligence, cybersecurity and quantum computing - to build a confident future crucial for the development of our societies. The Group provides its customers - businesses, organisations and governments - in the defense, aeronautics, space, transport, and digital identity and security domains with solutions, services and products that help them fulfil their critical role, consideration for the individual being the driving force behind all decisions.

Thales has 81,000 employees in 68 countries. In 2021 the Group generated sales of 16.2 billion.

About Thales in China

Thales provides innovative solutions for the infrastructure that forms the backbone of China's growth. The Group has been present in China for more than 40 years and is the trusted partner for the Chinese aviation and urban rail transportation industries. In the meanwhile, from secure software to biometrics and encryption, Thales has successfully applied its advanced technology to mobile communication, banking, IoT and software monetization, etc. Thales has 3 JVs and employs 2,100 people with offices located in 7 cities in China. Thales established R&D centers and Innovation Hubs in Beijing, Dalian and Hong Kong to provide innovative solutions for both China and international market.

Further more

| (thalesgroup.cn)

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GAMECO and Thales Sign Agreement to Deepen Cooperation

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Tammy QIU, Head of Government Affairs & Communications

+86 10 65875066 tammy.qiu@asia.thalesgroup.com Thales in China

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