Pursuant to Paragraph 10.08(1) of the Main Market Listing Requirements (“MMLR”) of Bursa Malaysia Securities Berhad (“Bursa Securities”), the Board of Directors (“Board”) of AirAsia Berhad (“AAB” or “Company”) wishes to announce that the Company and Tune Hotels Regional Services Sdn. Bhd. (“Tune Hotels”) have on 30 November 2016 entered into a Corporate Rate Agreement (“Agreement”) to provide accommodation services for AirAsia Pilots & Crew training (“Transaction”) located in Tune Hotel Sepang, Low Cost Carrier Terminal, Lot PT29, Jalan KLIA S4, 64000 Sepang, Selangor.

Please refer to the attachment for further details.

This announcement is dated 30 November 2016.