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

The proposed name "CAPITAL A BERHAD" was approved by the Companies Commission of Malaysia (“CCM”) and reserved by the Company on 28 December 2021.

The Proposed Change of Name is subject to the approval of the shareholders of the Company at a general meeting to be convened at a date to be announced later. A Circular to Shareholders with details of the Proposed Change of Name will be issued to the shareholders in due course.

The Proposed Change of Name, if approved by the shareholders, 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 3 January 2022.