Annual Report 2020

3. AUDIT AND NON-AUDIT FEES AAGB The audit and non-audit fees of AAGB and its Group as below are also disclosed in the Audited Financial Statements set out under Note 6 to the Financial Statements on page 215 of this Annual Report: Audit Fees Company RM’000 Group RM’000 Audit fees paid to the External Auditors for the Financial Year 200 2,648 Non-Audit Fees Company RM’000 Group RM’000 Non-audit fees paid to the External Auditors for the Financial Year in connection with advisory related work Nil 90 4. RECURRENT RELATED PARTY TRANSACTIONS OF A REVENUE OR TRADING NATURE At the Annual General Meeting (“AGM”) of AAGB held on 28 September 2020, AAGB had obtained a mandate from its shareholders for AAGB and/or its subsidiaries to enter into recurrent related party transactions (“RRPTs”) of a revenue or trading nature. Pursuant to paragraph 10.09(2)(b) and paragraph 3.1.5 of Practice Note 12 of the MMLR of Bursa Malaysia, details of the recurrent related party transactions of a revenue or trading nature entered into during the Financial Year are as follows: No. Transacting Parties Nature of RRPT Class and relationship of the Related Parties Actual value Revenue/income 1. AirAsia X Berhad (“AAX”) [Registration No.: 200601014410 (734161-K)] Provision of the following range of services by AirAsia Berhad [Registration No.: 199301029930 (284669-W)] (“AAB”) to AAX: (a) Commercial - Sales and distribution - Sales support - Direct channel - Branding and Creative - Web team: Manage, plan, build and - develop airasia.com website - Digital Marketing - Ancillary (b) Treasury - Fuel procurement - Fuel hedging (c) R evenue Assurance – Credit card fraud unit (d) Internal Audits (e) G roup Inflight Ancillary (f) Engineering (g) Customer Support Interested Directors and Major Shareholders Tan Sri Anthony Francis Fernandes (“Tan Sri Tony”) Datuk Kamarudin bin Meranun (“Datuk Kamarudin”) RM846,000 ADDITIONAL COMPLIANCE INFORMATION 160 AIRASIA GROUP BERHAD