The Board of Directors of Capital A wishes to announce that AirAsia Berhad ("AAB"), a wholly owned subsidiary of the Company, has on 2 November 2023, entered into a Passenger Charter and Ancillary Services Agreement ("Agreement") with AirAsia X Berhad ("AAX") where AAX will perform passenger charter and ancillary services in relation to the charter of the Malaysian Battalion 850 UNIFIL (MALBATT) to Beirut, Lebanon for the total contract value of RM 29,703,600.00 and subject to the terms and conditions as stipulated in the Agreement. ("Transaction")

In view of the interests of certain directors and shareholders of the Company as set out in Section 9 of this announcement, the transaction is deemed to be a related party transaction pursuant to Paragraph 10.08 of the Main Market Listing Requirements ("Listing Requirements") of Bursa Malaysia Securities Berhad. ("Bursa Securities")

Please refer to the attachment for further details.

This announcement is dated 2 November 2023.