AirAsia X Berhad (“AAX” or the “Company”) wishes to announce that the Board of Directors (“Board”) has formed a Board Committee (“Committee”) comprising the Non-Executive members of the Board (save for Datuk Kamarudin bin Meranun and Tan Sri Anthony Francis Fernandes).

AAX was mentioned in the Approved Judgment and the Statement of Facts in relation to Regina v Airbus SE, dated 31 January 2020 and available in the public domain. The Committee’s main objective will be to review the allegations therein so far as it concerns AAX, and to take any necessary action based on the review which includes the appointment of an independent expert. An updated announcement will be made upon the finalisation of the said appointment.

All matters in relation to this review will be managed and handled by the Committee.

This announcement is dated 5 February 2020.