AACL — AGM Information 2023

May 23, 2023

AIR ASIA Co., Ltd. Meeting Notice of 2023 Annual General Shareholders’ Meeting

• I. The Company will convene 2023 Annual General Shareholders’ Meeting in No.1050, Jichang Rd., Rende Dist., Tainan City (Same Company Building 2nd Floor) at 10:00 am on May 23, 2023 (Tuesday). The check-in will be started at 9:30 am in the venue.

• II. The meeting agenda includes: (1) Reporting Items: 1. Business Report of 2022; 2. Audit Committee Audit Report of 2022; 3. Distribution of employees’ profit sharing bonus of 2022; 4. To report the distribution of 2022 earnings and cash distribution from Capital Surplus; 5. Directors’ Remuneration Report of 2022; 6. Amend the “Sustainable Development Best Practice Principles” report. (2) Matters for Ratification: 1. Business Report and Financial Statements of 2022; 2. Proposal of Distribution of 2022 earnings. (3) Matters for Discussion: To amend the “Articles of Incorporation”. (4). Extempore motion.

• III. The 2022 earnings distribution plan was approved by the Board of Director, and a cash dividend of NT$0.36 per share was distributed.

• IV. If the agency of this meeting involves the matters specified in Article 172 of the Company Act, in addition to being listed in the convening notice, the main content shall be posted on the MOPS (website: http://mops.twse.com.tw , click “basic information/e-book/annual report and Shareholders’ Meeting related data (including the depository receipts)”), which shall be inquired by inputting the code of the Company, selecting and year and Shareholders’ Meeting related data.

• V. According to Article 165 of the Company Act, the stock transfer is not allowed from March 25, 2023 ~ May 23, 2023. For account opening procedures, the seal and signature card is needed to hand in. please contact the Transfer Agency Department of Taishin Securities Co., Ltd.

• VI. If members solicit proxies to attend this General Shareholders’ Meeting, the Company will compile a summary statement and disclose the content on the website of Securities & Futures Institute before April 21, 2023. To inquiry the details, investor may visit https://free.sfi.org.tw and specify the conditions for inquiry. The proxies of this General Shareholders’ Meeting shall be tallied and verified by the Transfer Agency Department of Taishin Securities Co., Ltd.

• VII. Each attendance card and proxy form will be attached in this meeting notice besides the announcement on MOPS. If the shareholder(s) is attending the

meeting in person, please sign or stamp on the attendance card from and carry it to the check-in desk on the day of the meeting (don’t send it back). In the case that an agent is entrusted to attend the meeting, the shareholder shall sign or stamp on the proxy form and personally fill out the related information of the agent, then deliver the proxy form to the Transfer Agency Department of Taishin Securities Co., Ltd. at least 5 days prior to the day of the meeting.

• VIII. In this Shareholders Meeting, the shareholders may exercise their voting right in an electronic way during the period April 22, 2023 ~ May 20, 2023. Please log in the STOCKVOTE platform of Taiwan Depository & Clearing Corporation (website: http://www.stockvote.com.tw ) for voting based on the related instructions.

• IX. The shareholders attending this meeting shall carry the ID card for verification.

• X. These regulations should be abided and applied.

  • ※No souvenir will be distributed in this Shareholders’ Meeting.

Sincerely,

Board of Directors of AIR ASIA Co., Ltd.