4. RECURRENT RELATED PARTY TRANSACTIONS OF A REVENUE OR TRADING NATURE At the 4th AGM, Capital A had obtained a mandate from its shareholders for Capital A 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) Revenue Assurance – Credit card fraud unit d) Internal Audits e) Group 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”) Nil 2. AAX Provision of the rights to operate scheduled air services under the trade name and livery of AAB Interested Directors and Major Shareholders Tan Sri Tony Datuk Kamarudin Nil C O R P O R A T E G O V E R N A N C E A N N U A L R E P O R T 2 0 2 1 1 8 7
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