The Board of Directors of AAX wishes to announce that the Company is proposing to change its name from "AIRASIA X BERHAD" to "AIRASIA GROUP BERHAD" ("Proposed Change of Name").

The reservation of the proposed name "AIRASIA GROUP BERHAD" was approved by the Companies Commission of Malaysia ("CCM") on 24 February 2026.

The Proposed Change of Name is subject to the approval of the shareholders of the Company at the forthcoming Nineteenth Annual General Meeting of the Company to be convened. A circular to the shareholders containing the details of the Proposed Change of Name will be issued to the shareholders of the Company, in due course.

The Proposed Change of Name, if approved by the shareholders of the Company, will take effect from the date of issuance of the Notice of Registration of New Name by the CCM to the Company.

This announcement is dated 24 April 2026.