Pursuant to Paragraph 10.08(1) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad ("MMLR"), the Board of Directors of Capital A wishes to announce that AAB, a wholly owned subsidiary of the Company, had on 13 June 2022, entered into a Wet Lease Agreement ("Agreement") with AAX to govern the terms and conditions of leasing one (1) Airbus A330-343 aircraft with complete crew, maintenance and insurance by AAX to AAB on a wet lease basis in accordance with the terms and conditions of the Agreement.

The Agreement is regarded as a related party transaction pursuant to Paragraph 10.08 of the MMLR.

Please refer to the attachment for further details.

This announcement is dated 16 June 2022.

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AirAsia Group Berhad published this content on 16 June 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 17 June 2022 02:42:00 UTC.