Annual Report 2020

NOTICEOF ANNUALGENERALMEETING NOTICE IS HEREBY GIVEN THAT the Fourth Annual General Meeting of AirAsia Group Berhad [Registration No.: 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 Thursday, 22 July 2021 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 2020. Please refer to Note A. 2. To approve the Non-Executive Directors’ Remuneration as described in Note B for the period from 23 July 2021 until the next Annual General Meeting of the Company to be held in the year 2022. 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: (a) Datuk Kamarudin bin Meranun; and (b) Tan Sri Anthony Francis Fernandes (Ordinary Resolution 2) (Ordinary Resolution 3) 4. To re-appoint Ernst & Young PLT as Auditors of the Company and to authorise the Board of 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, the Constitution of AirAsia Group Berhad (the “Company”) and subject to the approval of the relevant authorities, where required, the Board of Directors (“Directors”) of 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 during the preceding 12 months does not exceed 10% 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 Malaysia Securities Berhad AND THAT such authority shall continue in force until the conclusion of the next Annual General Meeting of the Company after the approval was given or at the expiry of the period within which the next Annual General Meeting is required to be held after the approval was given, whichever is earlier unless revoked or varied by an ordinary resolution of the Company at a general meeting.” Please refer to Note C. (Ordinary Resolution 5) 18 AIRASIA GROUP BERHAD