Pursuant to Paragraph 10.08(1) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad (“MMLR”), the Board of Directors of AirAsia X Berhad (“AAX” or “the Company”) wishes to announce that the Company have on 23 May 2019 entered into a Wet Lease Agreement (“Agreement”) with AirAsia Berhad (“AAB”) to lease one (1) Airbus A330-343 (“Aircraft”) (“Transaction”).

Please refer to the attachment for further details.

This announcement is dated 23 May 2019.