Annual Report 2019

FINANCIAL STATEMENTS No. Transacting Parties Nature of RRPT Class and relationship of the Related Parties Actual value 22. AAX Redemption of loyalty points when Big members use the loyalty points accumulated under the Big Loyalty Program operated and managed by BIGLIFE for AAX’s flights and other ancillary products and services Interested Directors and Major Shareholders Tan Sri Tony Datuk Kamarudin RM8,726,760 23. Notel Management Sdn. Bhd. (formerly known as Tune Hotels Management Sdn. Bhd.) [Company No.: 200601016858 (736610-U)] (“Notel Management”) Receipt of accommodation services for AAB and/or its affiliates and/or its guests at Tune Hotel Sepang (Aeropolis) by AAB from Notel Management at corporate rate Interested Directors and Major Shareholders Tan Sri Tony Datuk Kamarudin RM2,743,195 24. TAAX Purchase of TAAX’s cargo transportation capacity by Teleport Commerce on routes operated by TAAX Interested Directors and Major Shareholders Tan Sri Tony Datuk Kamarudin RM0 25. TAAX Redemption of loyalty points when Big members use the loyalty points accumulated under the Big Loyalty Program operated and managed by BIGLIFE for TAAX’s flights and other ancillary products and services Interested Directors and Major Shareholders Tan Sri Tony Datuk Kamarudin RM13,575,113 The shareholdings of the interested Directors and interested Major Shareholders in the Company as at 30 June 2020 were are as follows: Direct Indirect No. of Shares % No. of Shares % Interested Directors Tan Sri Tony 1,600,000 0.05 * 1,075,485,082 32.18 Datuk Kamarudin 2,000,000 0.06 * 1,075,485,082 32.18 Interested Major Shareholder Tune Air Sdn. Bhd. 516,485,082 15.45 — — Tune Live Sdn. Bhd. 559,000,000 16.73 Note: * Deemed interested via their interests in Tune Air Sdn. Bhd. and Tune Live Sdn. Bhd. being the Major Shareholders of AAGB pursuant to Section 8 of the Companies Act, 2016. Please refer to the note of Section 2.3 of the Circular to shareholders dated 30 April 2019 and 29 July 2020 respectively on the directorships and shareholdings of the interested Directors and interested Major Shareholders in the transacting parties. AIRASIA GROUP BERHAD ANNUAL REPORT 2019 205