Annual Report 2019

NOTICE IS HEREBY GIVEN THAT the Third Annual General Meeting of AirAsia Group Berhad (201701030323) (1244493-V) (“the Company”) will be held as a fully virtual meeting via live streaming and online remote voting at the Broadcast Venue at RedQ, Jalan Pekeliling 5, Lapangan Terbang Antarabangsa Kuala Lumpur (klia2), 64000 KLIA, Selangor Darul Ehsan, Malaysia, on Monday, 28 September 2020 at 10.00 a.m. for the following purposes:- AS ORDINARY BUSINESS 1. To receive the Audited Financial Statements together with the Reports of the Directors and Auditors thereon for the financial year ended 31 December 2019. Please refer to Note A. 2. To approve the Non-Executive Directors’ Remuneration as described in Note B for the period from 29 September 2020 until the next Annual General Meeting of the Company to be held in the year 2021. Please refer to Note B. (Ordinary Resolution 1) 3. To re-elect the following Directors of the Company who retire by rotation pursuant to Rule 119 of the Company’s Constitution and who being eligible had offered themselves for re-election:- i. Dato’ Fam Lee Ee; and ii. Dato’ Mohamed Khadar bin Merican. (Ordinary Resolution 2) (Ordinary Resolution 3) 4. To re-appoint Messrs Ernst & Young as Auditors of the Company and to authorise the Directors to determine their remuneration. (Ordinary Resolution 4) AS SPECIAL BUSINESS To consider and if thought fit, to pass, with or without modifications, the following Resolutions:- 5. AUTHORITY TO ALLOT SHARES PURSUANT TO SECTIONS 75 AND 76 OF THE COMPANIES ACT, 2016 (“ACT”) “ THAT pursuant to Sections 75 and 76 of the Act and subject to the Main Market Listing Requirements of Bursa Malaysia Securities Berhad (“ Bursa Securities ”), Additional Temporary Relief Measures to Listed Issuers for COVID-19, issued by Bursa Securities on 16 April 2020 and the approval of the relevant authorities, where required, the Directors of AirAsia Group Berhad (“the Company”) be and are hereby empowered to issue shares in the Company from time to time and upon such terms and conditions and for such purposes and to such persons whomsoever as the Directors may, in their absolute discretion, deem fit provided that the aggregate number of shares issued pursuant to this resolution does not exceed 20% of the total number of issued shares (excluding treasury shares) of the Company for the time being and that the Directors be and are also empowered to obtain approval for the listing of and quotation for the additional shares so issued on the Main Market of Bursa Securities AND THAT such authority shall continue to be in force until 31 December 2021, unless revoked or varied by an ordinary resolution of the Company at a general meeting.” Please refer to Note C. (Ordinary Resolution 5) 20 MORE THAN JUST AN AIRLINE > NOTICE OF ANNUAL GENERAL MEETING