Continental Aerospace Technologies™ Receives EASA Approval to Extend the CD-300 Time Between Replacement

Friedrichshafen, Germany, April 27, 2022 — Continental®, a subsidiary of Continental
Aerospace Technologies Holding Limited (HKEX: 232.HK), announced today that the Time Between
Replacement (TBR) for the CD-300 has been extended to 2,000 hours. The powerful 300hp Jet-A
piston engine was announced on an airframe application in 2019 with an initial TBR of 1,200 hours
or 12 years and a commitment to increase the TBR hours. The Continental® team worked in
concert with the European Aviation Safety Agency (EASA) and is proud to fulfill this product
enhancement commitment for our customers and partners.

Since the heavy-fuel CD-300 engine was launched, Continental® has worked diligently to achieve
this product life extension. Continental’s engineering team invested countless hours strenuously
testing the largest Jet-A engine, verifying its reliability and endurance while ensuring that all
components meet the highest quality standards. Along with the TBR extension, Continental®
examined additional ways to increase the value of this fuel-efficient engine that burns 34.9 liters
per hour which equates to 9.2 gallons per hour in an economy cruise setting. After a thorough
review of the engine components, the gearbox replacement will also change from being replaced
every 600 hours to ‘on condition’. Operators must perform routine oil changes, but these
enhancements will reduce overall engine maintenance costs and provide more uptime for pilots.

“Continental is working continuously to improve the quality and robustness of our engines and
parts,” said Dr. David Dörner, Vice President of Global Research and Development. “These product
improvements are a testament to Continental’s commitment to advancing general aviation engine
technology and customer value. With 9 million flight hours accumulated on our Jet-A engines, we
believe that the Jet-A engine is a viable powerplant option for today’s operators and the more
sustainable future of GA.”