AAX-C31 - Notice of Book Closure

ADJUSTMENT TO THE TERMS AND CONDITIONS OF THE EUROPEAN STYLE NON-COLLATERALISED CASH-SETTLED CALL WARRANTS OVER THE ORDINARY SHARES OF AIRASIA X BERHAD ("AAX") ("AAX-C31") PURSUANT TO THE ISSUANCE OF UP TO 223,536,401 FREE WARRANTS IN AAX ("WARRANTS") ON THE BASIS OF 1 WARRANT FOR EVERY 2 ORDINARY SHARES IN AAX ("SHARES") HELD BY THE ENTITLED SHAREHOLDERS OF AAX AT 5.00 P.M. ON 18 DECEMBER 2025 ("ENTITLED SHAREHOLDERS")("ISSUANCE OF FREE WARRANTS").

Kindly be advised of the following :

1) The above Company's securities will be traded and quoted "Ex - Adjustment” as from: 17 Dec 2025
2) The last date of lodgment : 18 Dec 2025