Document for the 2018 Annual General Meeting of Shareholders Asia Aviation Public Company Limited

Document for the 2018 Annual General Meeting of Shareholders Asia Aviation Public Company Limited

Document for the 2018 Annual General Meeting of Shareholders Asia Aviation Public Company Limited

Document for the 2018 Annual General Meeting of Shareholders Asia Aviation Public Company Limited Tuesday, April 24, 2018, at 14.00 hours (Registration Time 11.00 hours) Don Muang Ballroom, Lobby level, Amari Don Muang Airport Bangkok, 333 Chertwudthakas Road, Bangkok, 10210 For your convenience in the registration, please present the barcoded registration form at the Meeting reception

Document for the 2018 Annual General Meeting of Shareholders Asia Aviation Public Company Limited
Document for the 2018 Annual General Meeting of Shareholders Asia Aviation Public Company Limited

222, Don Mueang International Airport, 3rd Fl., Central Office Bldg., Room no. 3200, Vibhavadee Rangsit Road, Don Mueang, Bangkok 10210.Tel.

66 (O) 2562 5700, Fax. 66(O) 2562 5705 (Translation) AAV13/2018 April 2, 2018 Subject: Invitation to the 2018 Annual General Meeting of Shareholders To: All Shareholders of Asia Aviation Public Company Limited Attachment: 1. Copy of Minutes of the 2017 Annual General Meeting of Shareholders held on April 25, 2017 2. AnnualReportandBalanceSheet(Statements ofFinancial Position) andStatements ofIncomefor theyear2017 3. Profiles of the retiring director proposed for re-appointment 4. Documentary evidences required for the right to attend the Meeting and to vote in the Shareholders’ Meeting of the Shareholder or Proxy 5.

Articles of Association of the Company in relation to the Shareholders’ Meeting 6. Procedures for attending the Annual General Meeting of Shareholders 7. Qualifications and Profiles of Independent Director for Appointment of Proxy 8. Proxy Form B (which particulars of delegations are clearly determined) For Proxy Form A (General) and Proxy Form C (for foreign investors in which custodians in Thailand have been appointed), shareholders can download the forms from the Company’s website at www.aavplc.com 9. Map of the Meeting venue The Board of Directors of Asia Aviation Public Company Limited (the Company) resolved to hold the 2018 Annual General Meeting of Shareholders on Tuesday, April 24, 2018 at 14:00 hours (registration starts at 11:00 hours) at Don Muang Ballroom, lobby level, Amari Don Muang Airport Bangkok, 333 ChertWudthakas Road, Bangkok, 10210, to consider the following agenda items: Agenda Item 1 Matter to be informed by Chairman Objective and Rationale: This agenda is set for the Board of Directors to report situation or progress (if any) of the Company to the Shareholders’ Meeting.

There will be neither proposal for the Meeting to consider and approve, nor be any voting on the item.

Document for the 2018 Annual General Meeting of Shareholders Asia Aviation Public Company Limited

2 Agenda Item 2 To consider and certify Minutes of the 2017 Annual General Meeting of Shareholders held on April 25, 2017 Objective and Rationale: the 2017 Annual General Meeting of Shareholders was held on April 25, 2017 and the Minutes were prepared and filed with the Stock Exchange of Thailand within 14 days of the Meeting. The details were publicly disclosed on the Company’s Website (www.aavplc.com). Opinion of the Board of Directors: the Board has recommended that Minutes of the 2017 Annual General Meeting of Shareholders, held on April 25, 2017 which was accurately recorded should be proposed to the Shareholders’ Meeting for adoption.

The details are as specified in Attachment 1. Voting: The resolution for this agenda shall be passed by the majority votes of the Shareholders who attend the Meeting and cast their votes.

Agenda Item 3 To acknowledge the Board of Directors’ report on the Company’s operating results for 2017 and Annual Report Objective and Rationale: the Company has summarized the operating result and significant changes in 2017 as specified in the Annual Report attached herewith. Opinion of the Board of Directors: the Board has recommended the Shareholders’ Meeting acknowledge the report on the Company’s operating results for 2017 along with the significant changes that occurred during the year, as shown in the Company’s Annual Report for 2017 (Attachment 2).

Voting: no resolution is needed for this agenda as it is only for the acknowledgement.

Agenda Item 4 To consider and approve the Balance Sheet (Statements of Financial Position) and Statements of Income for 2017 Objective and Rationale: to comply with the Public Limited Companies Act B.E. 2535, Section 112, the Company shall prepare the Balance Sheet and the Statement of Income at the end of each fiscal year, which have been audited by an external auditor, and propose to the Annual Shareholders’ Meeting for approval.

Opinion of the Audit Committee: the Audit Committee has considered and examined the Company’s Financial Statements for the year ended December 31, 2017 which were audited and signed by Mr. Paiboon Tunkoon, Certified Public Account (Thailand) No. 4298 of PricewaterhouseCoopers ABAS Ltd. The auditor has an opinion that the Consolidated and the Company Financial Statement are complete and accurate according to Thai Financial Reporting Standards.

Document for the 2018 Annual General Meeting of Shareholders Asia Aviation Public Company Limited

3 Opinion of the Board of Directors: the Board of Directors agrees to propose the Balance Sheet (Statements of Financial Position) and Statements of Income for the year ended December 31, 2017 audited and signed by Mr.

Paiboon Tunkoon, Certified Public Account (Thailand) No. 4298 of PricewaterhouseCoopers ABAS Ltd., considered and examined by the Audit Committee, to the Shareholders’ Meeting for consideration and approval. The Company’s financial position and operating result in 2017 are summarized as follows: Details from The Company’s Financial Statements (Partial) Unit: Baht million Description Consolidated Company 2017 2016 2017 2016 Total Assets 62,774 56,599 3,200 3,191 Total Liabilities 31,321 26,479 58 54 Equity 31,453 30,120 3,142 3,137 Total Revenue 35,932 32,401 25 25 Net Profit 1,477 1,869 733 740 Earnings Per Share (Baht per Share) 0.3046 0.3855 0.1510 0.1525 The Company’s Financial Statements are included in the 2017 Annual Report enclosed herewith in Attachment 2 under “Financial Statements” (page 143).

Voting: the resolution for this agenda shall be passed by the majority votes of the Shareholders who attend the Meeting and cast their votes.

Agenda Item 5 To acknowledge the interim dividend payment and approve the omitting of net profit as legal reserves and the withholding of dividend payment for the year-end 2017 Objective and Rationale: the Public Limited Companies Act B.E. 2535, Section 115 and the Articles of Association, Article 44, stipulates that the Board of Directors may, from time to time, pay interim dividends to shareholders when it is apparent that the Company has such reasonable profits as to justify such payment, and, when dividends have been paid, the Board of Directors shall report it to the Shareholders at the next Meeting.

The Public Limited Companies Act B.E. 2535, Section 116 and the Articles of Association, Article 45, stipulates that the Company must appropriate part of its annual net profits to a reserve fund in an amount of not less than five percent of the annual net profits with the deduction therefrom the amount representing the accumulated loss carried forwards (if any) until this reserve fund reaches the amount of not less than ten percent of the registered capital.

Document for the 2018 Annual General Meeting of Shareholders Asia Aviation Public Company Limited

4 According to the Public Limited Companies Act BE 2535, the dividend payment must be approved by the Shareholders at the Annual General Meeting of Shareholders.

Dividend policy of the Company and of Thai AirAsia Co., Ltd. which is a subsidiary and company conducting core business will take into account the operating results, liquidity, cash flows and financial position including conditions and limitations in the payment of dividends, as defined in the loan agreements, bond or related contracts that must be executed according to future business plan and the need for capital investment as well as other factors the Board of Directors sees appropriate. Opinion of the Board of Directors: by resolution of the Board of Directors’ Meeting No. 4/2017 on November 9, 2017, it approved an interim dividend payment in cash from operations for the period from January 1 to November 10, 2017 at 0.15 Baht per share, totaling Baht 727.50 million to the Shareholders who are entitled to receive the dividend on November 24, 2017.

The dividend payment was paid shareholders on December 7, 2017 the Board, therefore, recommended that the Shareholders to acknowledge such interim dividend payment. Moreover, the Board recommended that the Shareholders approve the omitting of 2017 net profit as legal reserves. Since, year 2016 the Company reserved the appropriation of profit in amount of Baht 21.99 million, total legal reserve at the amount of Baht 48.50 million equals to 10 percent of the Company’s registered capital which is full amounted as applicable by law. In addition, the Board recommended that the Shareholders approve a dividend omission from the results of the final quarter (November 11 to December 31, 2017) because the Company had its major income from the dividends received from Thai AirAsia Co., Ltd.

which is a subsidiary and company conducting core business, by the Board of Thai AirAsia Co., Ltd., has resolved not to pay final dividend for 2017 due to the fact that Thai AirAsia Co., Ltd. had paid the interim dividend to its shareholders by the resolutions of the Board on November 9, 2017 at the rate of Baht 30.50 per share, amounting to Baht 1,328.44 million. Therefore, Thai AirAsia Co., Ltd. needs to secure cash reserves for the procurement of new aircraft for fleet expansion to accommodate future growth.

Voting: the resolution for this agenda shall be passed by the majority votes of the Shareholders who attend the Meeting and cast their votes. Agenda Item 6 To consider and approve the appointment of the Company’s external auditors and their remuneration for 2018 Objective and Rationale: the Public Limited Companies Act B.E. 2535, Section 120, stipulates that at an annual ordinary meeting of shareholders of each year, there shall be an appointment of an auditor and the determination of an audit fee of the Company. In appointing an auditor, the former auditor may be re-appointed. Notification of the Securities and Exchange Commission also stipulates

Document for the 2018 Annual General Meeting of Shareholders Asia Aviation Public Company Limited

5 that the listed companies must rotate the auditor if the existing auditor has performed the review or audit and express the opinion on the financial statements of the Company for 5 years consecutively. The new auditor under the same auditing firm may be appointed. However, the Company will appoint the auditor who resigned by rotation after a period of at least two fiscal years from the date of termination of the duties. Opinion of the Audit Committee: the Audit Committee has considered and selected auditors from EY Office Company Limited as the Company’s external auditors for the year 2018 since EY Office is a global leader in professional services and to standardize the audit within AirAsiaGroup that will be increasing the effectiveness of coordination.

Nevertheless, the audit firm and the auditors proposed do not have any relation or any conflict of interest with the Company, the Executives, or the Major Shareholders, or anyone related to the aforementioned persons. Opinion of the Board of Directors: the Board of Directors agrees with the proposal from the Audit Committee and proposes to the Shareholders’ Meeting to consider and approve the appointment of the Company’s external auditors from EYOffice andfix the audit fees for2018. Details are as follows: 6.1 Mr. Termphong Opanaphan CPA (Thailand) No. 4501 (never signed the Company’s audited financial statements.) 6.2 Miss Manee Rattanabunnakit CPA (Thailand) No.

5313 (never signed the Company’s audited financial statements.) 6.3 Miss Kosum Cha-em CPA (Thailand) No. 6011 (never signed the Company’s audited financial statements.) Any of the above auditors can conduct the audit and express an opinion on the Company’s financial statements. Should any of the aforementioned auditors cannot perform his or her duty, EY office is authorized to delegate another one of its certified public accountant to conduct the audit.

Moreover, it is agreed upon that the audit fee and the quarterly review fees of the Company in 2018 are recommended at Baht 1.0 million, down from 2017 for Baht 0.065 million. In addition, EY office has been selected as the audit firm for the subsidiary for 2018 as well. The audit fees for 2018 and the audit fees by quarter of the subsidiary are Baht 4.40 million, up from 2017 for Baht 0.54 million. The increase in audit fees for 2018 is due to the number of items and increasing in auditing because of the growth of the Company’s subsidiary.

Voting: the resolution for this agenda shall be passed by the majority votes of the Shareholders who attend the Meeting and cast their votes.

Document for the 2018 Annual General Meeting of Shareholders Asia Aviation Public Company Limited

6 Agenda Item 7 To consider and approve the appointment of the Company’s directors to replace those who will retire by rotation in 2018 Objective and Rationale: as stipulated in the Public Limited Companies Act B.E. 2535, Section 71 and Article 17 of the Company’s Articles of Associations, one-third of the Company’s directors must retire by rotation at each Annual General Meeting of Shareholders. The retiring directors are eligible for re-election. At the Annual General Meeting for 2018, there are 3 directors retired by rotation as follows: Name of Director Positions held 7.1 Mr. Vichate Tantiwanich Chairman/ Chairman of the Audit Committee/ Remuneration and Nomination Committee 7.2 Mr.

Preechaya Rasametanin Director 7.3 Mr. Phairat Pornpathananangoon Director Opinion of the Board of Directors: the Board has considered and recommended the Shareholders’ Meeting approve the reappointment of Mr. Vichate Tantiwanich, Mr. Preechaya Rasametanin and Mr.Phairat Pornpathananangoon for another term of office. The directors nominated for reappointment have the knowledge and expertise, moral, ethical standards of each director and experiences that are beneficial for the business operation of the Company, and also are qualified as required by the Public Limited Company Act B.E. 2535 and Notification of the Securities and Exchange Commission as well as they are not being prohibited as stated in the Securities and Exchange Act B.E.

2535 including other related laws and regulations. Nonetheless, Profiles of the directors are enclosed herewith in Attachment 3.

During the period December 15, 2017 - January 31, 2018 in accordance with the principle of good corporate governance policy relating to the promoting of shareholders’ right, the Company invited its shareholders to nominate qualified persons to be elected as the Company’s director in advance. However, there were no shareholders who had proposed a qualified nominee to be elected as the Company’s director. Voting: the resolution for this agenda shall be passed by the majority votes of the Shareholders who attend the Meeting and cast their votes.

Agenda Item 8 To consider and approve the remuneration of the Company’s Board of Directors for 2018 Objective and Rationale: as stipulated in the Public Limited Companies Act B.E.

2535, Section 90 and Article 22 of the Company’s Articles of Associations, the Company’s directors are entitled to receive the remuneration from the Company. The remuneration includes reward, bonus, meeting allowance, pension, or other remuneration paid in other forms as considered by the Shareholders’ Meeting.

7 Opinion of the Nomination and Remuneration Committee: the Nomination and Remuneration Committee has considered the remuneration of the directors to be in line with the performance of the Company, responsibilities and performance of each director. Such remuneration must be at an appropriate level comparable to the market and listed companies with similar size as well as being enough to attract and retain quality directors with the Company. The committee recommended that the remuneration of the Company’s Board of Directors for 2018 remain unchanged as follows: The monetary remuneration 8.1 Each director shall receive the monthly remuneration of Baht 80,000 and Baht 80,000 allowance for each meeting attendance.

If there is more than one meeting, each director shall receive only Baht 80,000 allowance in the month. The Chairman of the Board of Directors shall receive the monthly remuneration of Baht 100,000 and Baht 100,000 allowance for each meeting attendance. If there is more than one meeting, the Chairman shall receive only Baht 100,000 allowance in the month.

8.2 The monthly remuneration for the Audit Committee (in addition to the remuneration as the directors) shall be Baht 80,000. The Chairman of the Audit Committee shall receive the monthly remuneration of Baht 100,000. 8.3 Upon being appointed by the Board of Directors or the Chairman of the Board to a Committee, a Sub-Committee or a Working Group, the said director shall receive an additional remuneration as the meeting allowance for Baht 40,000 per meeting attendance. If there is more than one meeting, each director shall receive only Baht 40,000 allowance in the month.

8.4 The Board of Directors shall receive the bonus for 0.5% of the dividend and the allocation shall be as specified by the Board of Directors.

Other remuneration - Ticket Benefits Each director (and his family members, meaning spouse and legitimate children) is entitled to one free round-trip ticket for any destination per month, in total twelve tickets in one year. The directors are entitled to the said benefit only while they are serving their office terms as the directors of the Company. Nonetheless, Executive directors shall not receive any remuneration as members of the Board or Sub-committee.

Opinion of the Board of Directors: the Board of Directors has agreed with the Nomination and Remuneration and recommended the Shareholders’ Meeting approve the remuneration of the Company’s Board of Directors for 2018 as stated.

8 Details of the scope of duties and responsibilities of the Board of Directors are as specified in the 2017 Annual Report enclosed herewith in Attachment 2, under the “Management Structure”. Voting: the resolution for this agenda shall be passed by not less than two-thirds of the Shareholders who attend the Meeting. Agenda Item 9 Other matters (If any) Objective and Rationale: this agenda is set to provide the opportunity for the Shareholders to ask and/or give comments to the Board of Directors (if any) and/or for the Board of Directors to clarify and answer questions from the Shareholders without proposing any further issues for approval.

No resolution is needed for this agenda.

Nonetheless, the Company has set the record date to determine the names of shareholders who have right to attend the 2018 Annual General Meeting of Shareholders, on March 9, 2018. The Company has published the invitation for the Meeting and the attachments on the Company’s website: www.aavplc.com All shareholders are hereby invited to attend the Meeting on the date, and at the time and place mentioned above. Registration starts at 11:00 hours. Should there be any shareholder unable to attend the Meeting, such shareholder may appoint another person as the Proxy. In order to facilitate the registration, shareholders and proxies shall kindly show required documents as Attachment 4 and 8 for the rights to attend the Meeting.

In case the Shareholder appoints one of the Independent Directors to attend the Meeting as the proxy, shareholders are requested to kindly submit documents according to Attachment 4 and 8 to the Company within April 20, 2018 at the address below: Asia Aviation Public Company Limited Company Secretary Office, 222, Don Mueang International Airport, 3rd Fl., Central Office Bldg., Room no. 3200, Vibhavadee Rangsit Road, Don Mueang, Bangkok, 10210 Yours sincerely, (Signature) (Mr. Tassapon Bijleveld) Chief Executive Officer Asia Aviation Public Company Limited

222, Don Mueang International Airport, 3rd Fl., Central Office Bldg., Room no. 3200, Vibhavadee Rangsit Road, Don Mueang, Bangkok 10210.Tel. 66 (O) 2562 5700, Fax. 66(O) 2562 5705 (Translation) AAV6/2017 Minutes of 2017 Annual General Shareholders’ Meeting Asia Aviation Public Co., Ltd. April 25, 2017 at 14.00 hrs. Don Muang Ballroom, Amari Don Muang Airport Hotel, Bangkok No. 333, Choet Wutthakat Road, Bangkok Clarification to Shareholders prior to the Meeting 1. To vote at shareholders’ meeting, one share represents one vote. 2. The chairman of the Meeting will make proposals to the shareholders to vote on each agenda.

Any disapproval or any abstention from shareholder or proxy may be done so by putting the check mark in the relevantboxes of ‘Disapprove’or ‘Abstain’ with his/her signature on the ballot given at the registration. Then, submit the ballot to the staff prior to the end of the approval of that particular agenda. For the vote count of each agenda, only the ballots with disapproval and abstention will be collected to compute the resolution of the shareholders’ meeting. The remaining number of votes shall be deemed approved. Except for “Agenda 7: To consider and approve the appointment of the Company’s directors to replace those who will be retired by rotation in 2017”, individual voteis required.Therefore,every shareholderis requiredto returnthe ballot to thestaff,whetherthevote is ‘Approve’, or ‘Disapprove’, or ‘Abstain’.

3. The grantorshave already indicatedtheirvotes whether “Approved”, or “Disapproved”, or “Abstained” in the proxy form. The proxies, therefore, do not have to vote in the ballots. The Company will count your votes based on the proxy form. 4. If any shareholders or proxy has any questions, please ask the committee for the particular agenda during Q&A period. Please provide first name and last name as well as indicate whether you are a shareholder or a proxy for which shareholder. This is an introduction about yourself and the Company will be able to specify your name accurately when preparing minutes of the Meeting.

For any questions irrelevant to the meeting agenda, please ask after all other agenda have already been discussed.

Nevertheless,please provide your opinions or ask questionsconcisely so thatothershareholdersor proxies are able to exercise their rights as well. Attachment 1

2 Guidelines for Counting the Shareholders’ Votes - Agenda 2, 4, 5, 6, 7.1, 7.2, 7.3 are considered as normal agenda as stipulated in the Public Limited Companies Act B.E. 2535 Section 107 (1), which require the majority votes from the attending shareholders who cast the votes. In this case, the shareholders voting for abstention will not be included in the voting base. - Agenda 8 Re: To consider and approve the remuneration of the Company’s directors for 2017 is stipulated in the Public Limited Companies Act B.E.

2535, Section 90 Paragraph 2, which require the resolution of the shareholders’ meeting consisting of not less than 2/3 of all the votes from the attending shareholders. It is not required whether those shareholders make the votes or have the voting rights or not. Therefore, in this case, the voting base is counted from total votes of the attending shareholders.

The Company’s staff introduces the following directors, external auditor and legal consultants: Board of Directors 1) Mr. Arak Chonlatanon Chairman of theBoard,Chairmanof Audit Committee,Independent Director and Chairman of the Meeting of Asia Aviation Public Co., Ltd. 2) Mr. Tassapon Bijleveld Director and Chief Executive Officer of Asia Aviation Public Co., Ltd. 3) Mr. Santhat Sanguandikul Chief Financial Officer of Asia Aviation Public Co., Ltd. 4) Mr. Aiyawatt Srivaddhanaprabha Director of Asia Aviation Public Co., Ltd. 5) Mr. Apichet Srivaddhanaprabha Director of Asia Aviation Public Co., Ltd.

6) Mr. Sombat Dechapanichkul Director of Asia Aviation Public Co., Ltd. 7) Mr. Kasemsit Pathomsak Audit Committeeand Independent Director of Asia Aviation Public Co., Ltd. 8) M.L. Bovornovadep Devakula Director and Director of Business Development of Asia Aviation Public Co., Ltd. 9) Mr. Santisuk Klongchaiya Director and Director of Commercial of Asia Aviation Public Co., Ltd. 10) Mr. Preechaya Rasametanin Director of Engineering of Asia Aviation Public Co., Ltd. Company Secretary Ms. Nisres Distes External Auditor Ms. Kulthida Wiratkapan External Auditor from PricewaterhouseCoopers ABAS Ltd.

Legal Consultant to Answer Shareholders’ Questions and to Witness the Vote Count Ms. Poonsook Pornpathananangoon from Weerawong, Chinnavat and Peangpanor Co., Ltd. Attachment 1

3 Mr. Arak Chonlatanon, Chairman of the Meeting announced to the Meeting that there were 118 shareholders attendingtheMeetingrepresenting 1,325,813,605 shares and 449 proxies representing 1,773,819,797 shares, with the total 567 attendants representing 3,099,633,402 shares, equivalent to 63.91% of the total issued share capital, to form a quorum. This is in compliance with Section 103 of the Public Limited Companies Act and Article 33 of the Company’s Articles of Associations, which state about the quorum that not less than 25 shareholders and proxies, or not less than half of the total shareholders holding not less than one third of the total shares sold must attend the Meeting to form a quorum.

The company allowed the on-going registration outside the meeting room for those who came in succession.

When the quorum was formed, the Chairman of the Meeting opened 2017 Annual General Shareholders’ Meeting of Asia Aviation Public Co., Ltd. by following the meeting agenda as informed in the invitation to attend the Meeting as disseminated on the website and delivered to the shareholders in advance. Start the Meeting Agenda 1: Matter to be informed by Chairman Chairman of the Meeting informed to the Meeting as follows: First: On June 13, 2016, Srivaddhanaprabha Family bought 39% of Asia Aviation Public Co., Ltd. shares with approximate value of Baht 7,945 million from Mr. Tassapon Bijleveld and family.

Second: On November 19, 2017, Thai AirAsia welcomed the first new Airbus A320neo (new engine option) in Thailand, which reduces 15% energy consumption, disturbing noice and 5,000 ton/plane/year of carbondioxide emission into the atmosphere.

Third: On April 21, 2017, Thai AirAsia passed the audit in compliance with ICAO and was certified with the new air operator certificate as the first budget airline in Thailand. The following shareholders asked the questions: - Mr. Wicha Chokepongpan, a shareholder attending in person: At present the Company has 4,850,000,000 shares in total. How many shares are traded in the stock exchange? - Mr. Arak Chonlatanon, Chairman of the Meeting: All shares are listed in the stock exchange, including the said 39% shares are all traded in the stock exchange.

Attachment 1

4 - Mr.

Wicha Chokepongpan, a shareholder attending in person: How much is the share price purchased by King Power? - Mr. Arak Chonlatanon, Chairman of the Meeting: I would like to inform that Srivaddhanaprabha Family (not King Power) bought the shares at Baht 4.20 per share. There was no further opinion nor question from the shareholders on this agenda. Then, Chairman of the Meeting informed that this was the matter for acknowledgement, which did not require any resolution, the meeting should proceed to the following agenda.

Agenda 2: To consider and certify Minutes of the 2016 Annual General Meeting of Shareholders held on April 25, 2016 The Chairman of the Meeting stated to the Meeting that Minutes of the 2016 Annual General Meeting of Shareholders, held on April 25, 2016, were considered by the Board of Directors having been properly and fully prepared, submitted to theStock Exchange of Thailand within 14 days as from the date of the Meeting, and publicized in the Company’s website (www.aavplc.com), as per Copy, sent to the Shareholders together with Notice of Meeting, attachment 1. There was no further opinion nor question from the shareholders on this agenda.

Then, Chairman requested that the Meeting approve Minutes of the 2016 Annual General Meeting of Shareholders, held on April 25, 2016, as presented;and informedthat this agenda shall be approvedwith resolutionof themajorityvotesof the Shareholders, present and voting at the Meeting, and that any disagreed or abstained Shareholders or Proxies shall raise their hands and cast their votes on the ballot paper.

Resolution The Meeting had a resolution to approve Minutes of the 2016 Annual General Meeting of Shareholders, held on April 25, 2016 with the majority votes of the attending shareholders who cast the following votes: Approved 3,099,827,406 votes equivalent to 100.0000% Disapproved 0 votes equivalent to 0.0000% Abstained 0 votes not count as vote base - Voided ballot 0 votes not count as vote base - Total shareholders who case their votes (578 shareholders) 3,099,827,406 votes Attachment 1

5 Agenda 3: To acknowledge the Board of Directors’ report on the Company’s operating results for 2016 and Annual Report The Chairman of the Meeting stated to the Meeting that the Company summarized the past operating performance and significant changes in 2016, as per Annual Report, sent to the Shareholders together with Notice of the Meeting, attachment 2.

This agenda did not require the shareholders’ votes because it was the matter for acknowledgment. Mr. Tassapon Bijleveld, Chief Executive Officer, was asked to inform the Meeting.

Mr.TassaponBijleveld, Chief ExecutiveOfficer,reported2016 operatingperformanceof Thai AirAsia Co., Ltd. which runs the core business for Asia Aviation Public Co., Ltd. to the Meeting as follows: - As at the end of 2016, there were total 51 aircrafts, including 6 additional aircrafts. - There were 17.2 million passengers, an increase of 2.4 million persons from 2015. - Load factor of 84%, an increase of 3% from 2015. - Aircraft utilization rate of 11.7 hours per day, an increase of 0.2 hours. - There were 70 totalroutesof Thai AirAsia as at the end of 2016, divided into 40 international routes and 30 domestic routes, including 12 additional routes.

- Rendering services of 1,144 flights/ week. - Thai AirAsia is the only airline having its hubs outside Bangkok with 41 aircrafts at Donmueang hub, 2 aircrafts in Phuket hub, 4 aircrafts in Chiangmai hub, 1 aircraft in Krabi hub, 2 aircrafts in U-Tapao (Pattaya) hub and 1 aircraft in Hat Yai hub. - For all the routes outside Bangkok, there are both domestic and international routes. - Total revenue in 2016 of 32,401 million baht, ancillary servicesand otherincome was equivalent to 17% of total revenue.

- In conclusion, the total revenue in 2016 of 32,401 million baht resulted in 10 percent increment in comparison with 2015 total revenue of 29,507 million baht.

- Totalcost and operating expenses in 2016 was 29,305 million baht, 6 percent increment in comparison with 27,655 million baht in 2015. Therefore, profit before interest and income taxes in 2016 was 3,745 million baht, 44 percent increment in comparison with 2015. - Net profit in 2016 was 3,408 million baht, 71 percent increment in comparison with 1,991 million baht in 2015.

- As at the end of 2016, total assets were valued at 32,739 million baht, 13 percent increment in comparison with 29,007 million baht in 2015 owing to increase in aircrafts. 2017 Operating Plans consist of: - There would be 6 additional aircrafts in 2017, 2 of which had already been received. - Target load for 2017 would be 19.5 million passengers. - New routes would be launched with focus on international routes in CLMV countries (Cambodia, Laos, Myanmar and Vietnam) as well as India. Attachment 1

6 - Increase flights among the 6 hubs as well as operating efficiency.

- In2017,increasenumberofpassengersusing fly-thruservice.At present,fly-thrurateisat approximately 3%. - At present, ancillary service is at 17%. In 2017, the Company wants to increase revenue from ancillary service. There was no opinion nor question from the shareholders on this agenda. Then, Chairman of the Meeting informed thatthis was thematterfor acknowledgement,which did not requireany resolution.Chairmanrequested the Meeting to acknowledge the Board of Directors’ report on the Company’s 2016 Operating Performance and 2016 Annual Report as presented.

Agenda 4: To consider and approve the Balance Sheet (Statements of financial position) and Statements of Income for 2016 The Chairman stated to the Meeting that, according to Public Company Limited Act, B.E. 2535(1992), companies shall prepareBalanceSheet and Profit& Loss Statement as at the end date of the accounting period, to be audited by auditorsand presentedto the Shareholders’Meetingat theAnnual GeneralMeetingfor approval. The Company’s Financial Statements, ending on December 31, 2016, were audited and signed by Mr. Chanchai Chaiprasit, Certified Public Accountant, from PriceWaterHouseCoopers ABAS Co., Ltd., and reviewed by the Auditing Committee.

Mr. Santhat Sanguandikul, Chief Financial Officer, was asked to inform the Meeting. Mr. Santhat Sanguandikul reported to the Meeting that 2016 Operating Results of Thai AirAsia Co., Ltd. reflected total revenue of 32,401 million baht, 10 percent increasing in comparison with 2015; net profit of 3,408 million baht, comparing to 2015 net profit of 1,991 million baht; and, earnings per share of 78.25 baht, comparing to 2015 earnings per share of 43 baht; total assets of 32,739 million baht, increasing from 2015 of 29,008 million baht; total liabilities of 23,450 million baht, increasing from 2015 of 21,750 million baht; and shareholders’ equity of 9,289 million baht, increasing from 2015 of 7,257 million baht.

Regarding Asia Aviation Public Co., Ltd., as Holding Company of Thai AirAsia Co., Ltd. with 55 percent shareholding, 2016 Separate Financial Statements reflected total revenue of 25 million baht, resulting from Management Fee from Thai AirAsia Co., Ltd., equivalent to that in 2015; net profit of 740 million baht, increasing from 2015 of 530 million baht; earnings per share of 0.1525 baht, increasing from 2015 of 0.1093 baht; total assets of 3,191 million baht, comparing to 3,122 million baht in 2015; total liabilities of 54 million baht, comparing to 2 million baht in 2015 ; and shareholders’ equity of 3,137 million baht.

2016 Consolidated Financial Statements reflected total revenue of 32,401 million baht, 10 percent increasing in comparison with 2015; net profit of 1,869 million baht 73 percent increasing in comparison with 2015; earnings per share of 0.3855 baht, comparing to 0.2224 baht in 2015; total assets of 56,599 million baht, 7 percent increasing in comparison with 2015; total liabilities of 26,479 million baht, 7 percentincreasingin comparisonwith 2015; and shareholders’ equity of 21,270 million baht, 6 percent increasing in comparison with 2015.

Attachment 1

7 The following shareholders asked the questions: - Mr. Wicha Chokepongpan, a shareholder attending in person: Did the Company have earnings per share of Baht 0.1525 in 2016 and Baht 0.1093 in 2015? How much dividend will the Company pay? - Mr. Santhat Sanguandikul, Chief Financial Officer: Figures of earnings per share are correct. However, regarding dividend payment, I would like to answer in the following agenda. There was no further opinion nor question from the shareholders on this agenda. Then, Chairman requested that the Meeting approve the Balance Sheet (Statements of financial position) and Statements of Income for 2016, as presented;and informedthat this agenda shall be approvedwith resolutionof themajorityvotesof the Shareholders, present and voting at the Meeting, and that any disagreed or abstained Shareholders or Proxies shall raise their hands and cast their votes on the ballot paper.

Resolution The Meeting had a resolution to approve the Balance Sheet (Statements of financial position) and Statements of Income for 2016 with the majority votes of the attending shareholders who cast the following votes: Approved 3,099,828,406 votes equivalent to 100.0000% Disapproved 0 votes equivalent to 0.0000% Abstained 0 votes not count as vote base - Voided ballot 0 votes not count as vote base - Total shareholders who case their votes (579 shareholders) 3,099,828,406 votes Agenda 5: To acknowledge the interim dividend payment and approve the appropriation of profit and the withholding of dividend payment for the year-end 2016 The Chairman stated to the Meeting that, according to Public Company Limited Act, B.E.

2535(1992), upon interim dividend payment, companies shall report such dividend payment to the Shareholders’ Meeting at the following Shareholders’ Meeting. According to the resolution of the Board of Directors’ Meeting No. 6/2559 held on November 9, 2016, interim dividend payment was approved in cash from operating period for January 1 - November 11, 2016, at 0.15 baht per share, total 727.5 million baht, already paid to the Shareholders on December 7, 2016. It was deemed expedient to present it to the Shareholders’ Meeting for acknowledgement of such Interim Dividend Payment.

Attachment 1

8 Moreover, according to the Public Company Limited Act, B.E. 2535(1992), companies must appropriate a part of the Annual Net Profit as Reserve Fund at no less than 5 percent of the Annual Net Profit, subtracts with the amount representingtheaccumulated loss carried forwards (if any), till the Reserve Fund reachs at no less than 10 percent of the registed Capital. Besides, the Company’s annual dividend payment shall be approved by Shareholders at Annual General Meeting. Dividend payment policy of the Company and Thai AirAsia Co., Ltd., as a subsidiary and a core business running company, will take into account the operating results, liquidity, cash flow, financial position, terms and conditions of dividend payment as may be stipulated in the Loan Agreement, Debenture, or relevant Agreements with provisions of implementationof thefuturebusinessplan, capitalrequirement,and other factors as may be deemed appropriate by the Board of Directors.

Mr. Santhat Sanguandikul, Chief Financial Officer, was asked to inform additionally to the Meeting. Mr. Santhat Sanguandikul, reported to the Meeting that, according to the Company’s operating results for the accountingperiod, endingon December 31, 2016,the Company earned net profit, in accordance with the Separate Financial Statements, in the amount of 740 million baht. The Board of Directors therefore recommended that the shareholders approve the appropriation of profit from operating results for 2016 as part of the legal reserve, amounting to 21.99 million baht. In combining the reserves appropriated in 2015 amounting to 26.51 million baht, the Company will have total legal reserve of 48.50 million baht, equivalent to 10% of the registered capital as required by laws.

However, the Board of Directors found it expedient to present it to the Shareholders’ Meeting for approval of the withholding of dividend payment from the last operating performance (November 12 - December 31, 2016) as the Company mainly earned income from the dividend of Thai AirAsia Co., Ltd., as a subsidiary and a core business running company. The Board of Directors of Thai AirAsia Co., Ltd. resolved that dividend of the last period of 2016 be omitted due to Thai AirAsia Co., Ltd. having paid interim dividend to Shareholders in accordance with the Board of Directors’resolutionon November9, 2016 at 30.80baht per share,total1,341.51 million baht.

Thai AirAsia Co., Ltd., therefore, found it necessary to reserve the remaining amount of cash for purchase of aircrafts in order to enlarge the fleet to support its future growth.

The following shareholders asked the questions: - Mr. Chawalit (not providing last name), a shareholder attending in person: I would like to ask about buyingaircraftsof whether Thai AirAsia bought its own aircraft or not. As informed thatone aircraftis bought withoutidentifyingtheprice,I would like to know theinstallmentpayment for the 6 aircrafts of A320. Is it related to Asia Aviation Public Co., Ltd.? To buy 1 aircraft, it is required to pay a lot of money. I, therefore, would like to ask about this.

Attachment 1

9 - Mr. Tassapon Bijleveld, Chief Executive Officer: I would like to inform that Thai AirAsia Co., Ltd.

operated the main business. Therefore, most assets remain at Thai AirAsia Co., Ltd. Asia Aviation Public Co., Ltd. is a holding company. Therefore, profit will be paid to Asia Aviation Public Co., Ltd. in theformof dividend. The priceof 1 aircraftis approximatelybillion baht. Therefore,6 aircraftscost almost 7 billion baht. The Company both rent and purchases its own aircraft depending on interest rate for each purchasing period.

There was no further opinion nor question from the shareholders on this agenda. Then, Chairman requested that theMeetingacknowledge the interim dividend payment and approve the appropriation of profit and the withholding of dividend payment for the year-end 2016 as presented; and informed that this agenda shall be approved with resolution of the majority votes of the Shareholders, present and voting at the Meeting, and that any disagreed or abstained Shareholders or Proxies shall raise their hands and cast their votes on the ballot paper. Resolution The Meeting had a resolution to approve the appropriation of profit and the withholding of dividend payment for the year-end 2016 with the majority votes of the attending shareholders who cast the following votes: Approved 3,099,828,406 votes equivalent to 99.9991% Disapproved 25,400 votes equivalent to 0.0008% Abstained 38,000 votes not count as vote base - Voided ballot 0 votes not count as vote base - Total shareholders who case their votes (584 shareholders) 3,099,891,806 votes Agenda 6 To consider and approve the appointment of the Company’s external auditors and their remuneration for 2017 The Chairman stated to the Meeting that, according to Public Company Limited Act, B.E.

2535(1992), the Annual General Meeting of Shareholders shall appoint auditors and impose the auditing fees every year. The existing auditors may be re-appointed. According to the Notification of the Securities and Exchange Commission, listed companies shall rotate auditors if the existing auditor had reviewed or audited and given opinions the company’s financial statements for 5 accounting periods consecutively. A new auditor from the same auditing office of the former auditor may be appointed. However, the company may re-appoint the former auditor, who retired from his officedue to rotation of auditors, upon completion of at least two accounting periods as from the date of the former auditor retiring from his office.

Attachment 1

10 Mr. Santhat Sanguandikul, Chief Financial Officer, was asked to inform the Meeting. Mr. Santhat Sanguandikul reported to the Meeting that the Board of Directors and the Audit Committee had considered and selectedauditorsfromPricewaterhouseCoopersABAS Co., Ltd.as theCompany’s externalauditors for the year 2017 in consideration of their performance, experiences, personnel’s preparedness, internationally recognized performance standard, and reasonable auditing fees. The proposed Auditing Company and Auditors had neither relationshipnor conflictof interestwith theCompany,theManagement,or the Major Shareholders or Related Parties thereof.

The auditors from PricewaterhouseCoopers ABAS Ltd. are as follows: 1) Mr. Paiboon Tunkoon CPA (Thailand) No. 4298 (Having never signed the Company’s Financial Statements) 2) Mr. Pisit Thangtanagul CPA (Thailand) No. 4095 (Having never signed the Company’s Financial Statements) 3) Mr. Pongthavee Ratanakoses CPA (Thailand) No. 7795 (Having never signed the Company’s Financial Statements) Mr. Paiboon Tunkoon, Audit Quality Control Reviewer, earned experiences in reviewing/auditing the Company by pairing with Mr. Chanchai Chaiprasit for 6 consecutive years. In case that the above-mentioned auditors cannot perform their duties, PricewaterhouseCoopers ABAS Ltd.

will delegate another certified public accountant from PricewaterhouseCoopers ABAS Ltd. to conduct the audit.

In addition, it was deemed appropriate to impose the Company’s 2017 Auditing Fees and Quarterly Review Fee at 1.065 million baht, increasing from 2016 for 35,000 baht. PricewaterhouseCoopers ABAS Co., Ltd. was selected as the Auditing Office for the Subsidiary in 2017 as well, with the Subsidiary’s 2017 Auditing Fees and Quarterly Review Fee at 3.86 million baht, increasing from 2016 for 130,000 baht. 2017 Auditing Fees were higher due to more entries and auditing work according to the Company’s and the Subsidiary’s business growth. The following shareholders asked the questions: - Mr. Wicha Chokepongpan, a shareholder attending in person: He has audited for the past 5 accounting periods.

In 2017, it will be the 6th accounting period, right? In addition, since theCompany has been listed in the stock exchange, how much dividends has the Company paid and for how many times?

- Mr. Arak Chonlatanon, Chairman of the Meeting: The Company had already paid 2 interim dividends i.e. in 2015 and 2016, the Company paid Baht 0.10 per share and Baht 0.15 per share respectively. The first year that the Company was listed in the stock exchange, the Company clearly informed that in the first 3 years, there would not be any dividend payment. Attachment 1

11 - Mr. Wicha Chokepongpan, a shareholder attending in person: When I bought the Company’s shares for the first time, I learned that there were certain numbers of shares not listed in the stock exchange, later someone traded them into the stock exchange, which increased number of shares.

Please explain this point. For the liabilities from aircrafts purchase, how much did the Company have to be responsible? - Mr. Santhat Sanguandikul, Chief Financial Officer: I would like to inform as follows: Asia Aviation Public Co., Ltd. (AAV) is not an operating company. Therefore, when you asked whether there had to be any debt obligations on AAV from buying aircrafts or not. The answer is no. AAV is a separate juristic person separated from Thai AirAsia Co., Ltd. AAV holds Thai AirAsia Co., Ltd.’s shares. Thai AirAsia Co., Ltd. operates the business. Therefore, if Thai AirAsia Co., Ltd.

grows well and the business performswell, it will pay dividend to AAV. Then AAV will furtherpay dividends to theminor shareholders accordingly. This depends on Thai AirAsia Co., Ltd.’s performance. If the Company grows well, more dividend will be paid. - Mr. Wicha Chokepongpan, a shareholder attending in person: Please identify the proportions that Asia Aviation Public Co., Ltd. and the remaining shareholders hold Thai AirAsia Co., Ltd.

- Mr. Santhat Sanguandikul, Chief Financial Officer: Asia AviationPublic Co.,Ltd. holds 55% of total shares. Thai AirAsia Co., Ltd.’s partner i.e. AirAsia Berhad, AirAsia Brand Owner established in Malaysia, holds 45% of total shares. - Mr. Wicha Chokepongpan, a shareholder attending in person: The previous nationality of Malaysian is Srilanka, the first Asian nation selling Airbus to Asian companies. How much is the Company entitled to manage the Company? From the interview, it seems like Malaysian Company is the sole owner. Please explain this point.

- Mr. Tassapon Bijleveld, Chief Executive Officer: The Company holds 55% of total shares and has absolute rights to manage.

Whether the Company has Srilanka nationality or not, I don’t know. But what I know that the Company does not sell aircrafts. - Mr. Wicha Chokepongpan, a shareholder attending in person: Since theCompany holds 55% of totalshares,does theCompany have to be responsible fortheliabilities in Malaysia? - Mr. Santhat Sanguandikul, Chief Financial Officer: In Malaysia,it is anothercompany,not Thai AirAsia co., Ltd. The Company is not responsible for the debts. The Company is responsible only for the proportion of shares that it invests, not the liabilities. Attachment 1

12 - Mr. Wicha Chokepongpan, a shareholder attending in person: Is the Malaysian Company listed in the stock exchange? - Mr. Santhat Sanguandikul, Chief Financial Officer: The Company in Malaysia is listed in Malaysian stock exchange, not related to our Company. - Mr. Wicha Chokepongpan, a shareholder attending in person: It means that when I bought AAV shares, therefore I hold 55% in Thai AirAsia. Is this correct? - Mr. Arak Chonlatanon, Chairman of the Meeting: That is correct. I would like to make the clarification as follows: Asia Aviation Public Co., Ltd., which you hold, holds Thai AirAsia Co., Ltd.’s shares, not AirAsia in Malaysia.

These two companies are not related. The Company used AirAsia Brand from the establishment. Please understand that Thai people had very little experience on airline and aircraft management. Therefore, at the beginning, AirAsia Malaysia helped us with the agreement that AirAsia Malaysia held certain portion of shares via the holding company i.e. Asia Aviation Public Co., Ltd. At present, Asia AviationPublic Co., Ltd. holds 55% in Thai AirAsia Co., Ltd. The Company does not hold AirAsia Malaysia’s shares. Therefore,no matterwhat AirAsia Malaysia does, whether it will go bankrupt or has any debts, these are not related to us.

Operating performance is based on Thai AirAsia. When Thai AirAsia earns profit, it will appropriate dividend, which one part of the dividend will go to Asia Aviation Public Co., Ltd. and the other part will go to the shareholders in Malaysia. Later, dividend received by Asia Aviation Public Co., Ltd. will later be considered to pay as dividend to the minor shareholders.

- Mr. Wicha Chokepongpan, a shareholder attending in person: For theincreasing aircrafts, the Company will own 57 aircrafts. Will certain or all aircrafts park in Malaysia? - Mr. Arak Chonlatanon, Chairman of the Meeting: There is no parkingand nothingrelatedto Malaysia.Malaysia does not sell aircraftsto ThaiAirAsia Co., Ltd. All fund raising is directly managed by Thai AirAsia. It may be related when we buy a lot of aircraft. We help to pool the order so that we can buy at lower price than other airlines.

There was no further opinion nor question from the shareholders on this agenda.

Then, Chairman requested that the Meeting approve the appointment of the Company’s external auditors and their remuneration for 2017 as presented; and informed that this agenda shall be approved with resolution of the majority votes of the Shareholders, present and voting at the Meeting, and that any disagreed or abstained Shareholders or Proxies shall raise their hands and cast their votes on the ballot paper. Attachment 1

13 Resolution The Meeting had a resolution to approve the appointment of the Company’s external auditors and their remuneration for 2017 with the majority votes of the attending shareholders who cast the following votes: Approved 3,100,040,816 votes equivalent to 99.9995% Disapproved 15,000 votes equivalent to 0.0004% Abstained 0 votes not count as vote base - Voided ballot 0 Votes not count as vote base - Total shareholders who case their votes (590 shareholders) 3,100,055,816 Votes Agenda 7: To consider and approve the appointment of the Company’s directors to replace those who will retire by rotation in 2017 The Chairman stated to the Meeting that, according to Public Company Limited Act, B.E.

2535(1992), and the Company’s Articlesof Association,Article17, one third of all directorsshallretirefromtheir office upon completion of the office term at the Annual General Meeting of Shareholders. Retired directors may be re-elected to the office. The Company permitted Shareholders to nominate qualified persons to be selected as the Company’s Directors for the Board of Directors to consider in advance from December 1, 2016 to January 31, 2017. However, no Shareholders nominated any person to be selected as Director. Therefore, the Board of Directors considered and approved,in accordance with the opinion of the Nomination and Remuneration Committee, to propose the Meeting to re-appoint the following 3 retired directors by rotation in 2017, as the directors in another term: Name of Director Positions 7.1 Mr.

Tassapon Bijleveld Director/ Chief Executive Officer 7.2 Mr. Nuttawut Phowborom Director/ Audit Committee 7.3 Mr. Kasemsit Pathomsak Director/ Audit Committee Those all 3 Directors were knowledgeable, competent, and experienced in various fields as may be useful to the Company’s operation, fully qualified in accordance with Public Company Limited Act, B.E. 2535(1992), and the Notification of the Securities and Exchange Commission, and not disqualified by Securities and Exchange Act, B.E. 2535(1992), other laws, and relevant regulations. Resume of each Director appeared in the Supplementary Document of Notice of Meeting.

Attachment 1

14 No Shareholders then opined or queried at this agenda. The Chairman requested that the Meeting approve the appointment of the Company’s directors to replace those who will retire by rotation in 2017 as presented; and informed that this agenda shall be approved with resolution of the majority votes of the Shareholders, present and voting at the Meeting. The vote for this agenda will be casted for the individual director by using the ballots given to you. The Company will collect every ballot whether approved, disapproved or abstained. Resolution The Meeting had a resolution to approve the re-appointment of the Company’s directors retiring by rotation in 2017 as the directors for another term with the majority votes of the attending shareholders who cast the following votes: Agenda 7.1 Mr.

Tassapon Bijleveld to be re-appointed as the director Approved 3,100,134,416 votes equivalent to 100.0000% Disapproved 0 votes equivalent to 0.0000% Abstained 3,400 votes not count as voting base - Voided Ballot 0 votes not count as voting base - Total shareholders who case their votes (595 shareholders) 3,100,137,816 votes Agenda 7.2 Mr. Nuttawut Phowborom to be re-appointed as the director Approved 3,100,134,416 votes equivalent to 100.0000% Disapproved 0 votes equivalent to 0.0000% Abstained 3,400 votes not count as voting base - Voided Ballot 0 votes not count as voting base - Total shareholders who case their votes (595 shareholders) 3,100,137,816 votes Agenda 7.3 Mr.

Kasemsit Pathomsak to be re-appointed as the director Approved 3,088,489,516 votes equivalent to 99.6243% Disapproved 11,644,900 votes equivalent to 0.3756% Abstained 3,400 votes not count as voting base - Voided Ballot 0 votes not count as voting base - Total shareholders who case their votes (595 shareholders) 3,100,137,816 votes Attachment 1

15 Agenda 8 To consider and approve the remuneration of the Company’s Board of Directors for 2017 Chairman of the Meeting asked Mr. Santhat Sanguandikul, Chief Financial Officer, to provide information to the shareholders. Mr. Santhat Sanguandikul, Chief Financial Officer, informed to the Meeting that, in accordance with the Public LimitedCompaniesAct B.E.2535 and Article22 of the Company’sArticles of Associations, the Company’s directors are entitled to receive the remuneration from the Company. The remuneration includes reward, meeting allowance, gratuity, bonus, or other remuneration paid in other forms as considered by the Shareholders’ Meeting.

The Board of Directors, having considered, agreed with the Nomination and Remuneration Committee’s Opinion and imposed 2017 Directors’ Remuneration in consideration of reasonable remuneration agreeable with the Company’s performance, responsibilities, and performance of each Director. Such remuneration was appropriate, comparable to that of the markets and listed companies of similar scale, and sufficient to motivate and maintain qualified Directors with the Company. The remuneration of the Company’s Board of Directors for 2017 remains unchanged as follows.

Monetary Remuneration: 1) Each director shall receive the monthly remuneration of 80,000 baht and 80,000 baht allowance for each meeting attendance. Should there be more than 1 meeting in any month, each director shall receive only 80,000 baht allowance in the month. The Chairmanof the Board of Directors shall receive the monthly remuneration of 100,000 baht and 100,000 baht allowance for each meeting attendance. Should there be more than 1 meeting in any month, the Chairman shall receive only 100,000 baht allowance in the month.

2) The monthly remuneration for the Audit Committee (in addition to the remuneration as the directors) shall be 80,000 baht.

The Chairman of the Audit Committee shall receive the monthly remuneration of 100,000 baht. 3) Upon being appointed by the Board of Directors or the Chairman of the Board to a Committee, a Sub-Committee or a Working Group, the said director shall receive an additional remuneration as the meeting allowance for 40,000 baht per meeting attendance. Should there be more than 1 meeting in any month, each director shall receive only 40,000 baht allowance in the month. 4) The Board of Directors shall receive the bonus for 0.5% of the dividend and the allocation shall be as specified by the Board of Directors.

Other remuneration - Ticket Benefits Each director (and his family members, meaning spouse and legitimate children) is entitled to one free round-trip ticket for any destination per month, in total twelve times in one year. The directors are entitled to the said benefit only while they are serving their office terms as the directors of the Company. Attachment 1

16 Nonetheless, Executive directors shall not receive any remuneration as members of the Board or Sub-committee. Scope of duty and responsibility of the Board of Directors in the Company’s 2016 Annual Report, sent to the Shareholders together with Notice of Meeting.

No Shareholders then opined or queried at this agenda. The Chairman requested that the Meeting approve the remuneration of the Company’s Board of Directors for 2017 as presented; and informed that this agenda shall be approvedwith resolutionof not less than 2/3 of all thevotes fromtheattendingshareholders, and that any disagreed or abstained Shareholders or Proxies shall raise their hands and cast their votes on the ballot paper. Resolution The Meeting had a resolution to approve the remuneration of the Company’s Board of Directors for 2017 with not less than 2/3 of all the votes from the attending shareholders as follows: Approved 3,100,134,416 votes equivalent to 99.9995% Disapproved 15,000 votes equivalent to 0.0004% Abstained 0 votes equivalent to 0.0000% Voided ballot 0 Votes equivalent to 0.0000% Total shareholders who case their votes (597 shareholders) 3,100,149,416 Votes equivalent to 100.0000% Agenda 9 Other matters (If any) The Chairmanstatedto the Meetingthatthis agenda had been establishedfor Shareholdersto query and/oropine to theBoard of Directors(if any),and/orfor theBoard of Directorsto clarifyand answer theShareholders’ query without presentation of any other subject for approval by the Meeting and without resolution passed for this agenda.

The following shareholders asked the questions: - Mr. Wicha Chokepongpan, a shareholder attending in person: Is it possible that next year the Company will pay dividend from Baht 0.15 to Baht 0.20? - Mr. Arak Chonlatanon, Chairman of the Meeting: We cannot answer the question about dividend payment in the future. I would like to explain that there are many factors involved. Overall, the trend is likely to improve. Previously in the worse economic conditions, the Company can still survive and remain in good shape.

Attachment 1

17 - Mr. Kraiwan Katawanich, a shareholder attending in person: There is one thingthatI would like the Company to investigateThai AirAsia. I see that the IT system may be either non-transparent or unstable or both. What I found is the warning message “Back-end server has reached its capacity”. It happened when e.g. I purchased additional value pack of Baht 432, which combined baggage weight and foods. But it combined baggage weight and insurance instead. The Company has never sold this package before. This implies that the system is incomplete.

If it happens so often, is it possible that it could extend to other functions.The Companyshould investigatethis. I took theevidenceto show you. If this is thecase,severalreports to the parent company may not be accurate. Take another non-transparent example. The Company ground staff at airport counter announces to accept credit card for the minimum payment of Baht 500. First of all, it there is a minimumpaymentrequired,theCompany should put an indication sign. However, the staff has solved this problem by requesting to fill information online, which requires 3 digits on the signature bar.

Allowing other people apart from credit cardholder to know the numbers or through the eyes, not through the eyes like giving credit card to department store staff, is not safe. The staff do not access into customers’ system because additional goods and services bought at the airport do not match with the items that customers purchase on their own. It is not correct that Call Center recommends the customers to buy additional goods and services at the airport when the system breaks down. This is customer-related information. It does not mean that the reported information on both the Company and customerdoes not reconcile.Back to the similar problem.

Another example showing non-transparent system is in case that the system operates normally by buying value pack of foods. The information should provide information on foods ingredients because some customers may be allergic to certain type of foods. All ingredients should be disclosed. Thank you.

- Mr. Arak Chonlatanon, Chairman of the Meeting: Thank you very much for the information. We will inform the organization in charge to look at all these details. I would like to clarify about foods. Normally we should know in advance and must identify the type of foods. However, thank the shareholder who provides these details. Sometimes, the directors and executives do not see the overall picture. We need other opinions for everyday improvement. Thank you very much. - Dr. Wilaiporn Laohakosol, a shareholder attending in person: First issue: I would like the airline to have same standards.

I booked tickets online and carried forceps with me when I traveled. On that time I could carry it on the plane from Don Mueang Airport. But on the return flight from Nakhon Phanom, I could not carry it with me. If the airline had not allowed carrying forceps at the point of departure, there would not have been any problem at the destination. Please use the same standards. Attachment 1

18 Second issue: Booking online ticket via website. The airline informs passengers to make online booking, pay online, check-in via mobile phone e.g. 20 minutes before departure. It should follow what informed to the passengers.When I arrivedat theairport,theairline required30 minutescheck-in beforedeparture.Though I did not have any baggage. There was only one hand-carry item. It was still not impossible to take the flight. Please keep the same standards for online transactions and implementation. - Mr. Tassapon Bijleveld, Chief Executive Officer: Thank you. We will improve the standards of our services.

- Shareholder not clearly identifies the name: First Issue: In 2016, the Company earns quite a lot of profits due to low fuel cost. In 2017, fuel cost will not be as low as thatof theprevious year.I would like to know theCompany’s measures. One part can be insurance policy to cover risks.However,I would like to see thefigurese.g. purchaseat what proportionand at what price, etc. Second Issue:The Company was affectedfrom“ZeroBaht Tours”end of last year. This year it is recovered from Chinese passengers. I would like to know how much recovery in figures. For example, the first quarter of the year comparing to the first quarter of last year, how much can we recover? Is it now back to the same pace or better? Third Issue:Regardingexcise tax on aircraft fuel, what are the impacts? And how will the Company handle with this?

Fourth Issue: Efficiency on punctuality over the past 3 years has been decreasing. What are the reasons and how to solve this problem? Fifth Issue: Now Thai AirAsia starts opening the market to India. Will this market balance Chinese passengers? I understandthat considering foreign customers, Chinese passengers represent approximately 60-70%. Therefore, when there has been an impact from Chinese passengers, it will considerably affect the Company’s performance. What are the opportunities for Indian market and how?

- Mr. Tassapon Bijleveld, Chief Executive Officer: First issue: For fuel price, the Company buys forward contract for its consumption volume.

This year it is at 74%. Total average purchase price is 60 US dollars, which is considered a good price. The current actual price is a lot more expensive than last yearat approximatelymid of 50US dollars.Therefore,be preparedfor the high cost this year. Second issue: AirportAuthorityof Thailand disclosed a decrease in Chinese passengers in the first quarter with a reductionof 7% fromthesame quarter of last year. Though the Zero Baht Tours situation gradually improves, it will not be the same. It will take approximately 5-6 months for the Chinese tourists to return to Thailand. Attachment 1

19 Third issue: Excise tax will be collected starting from January on domestic flights only. The ariline has computed for the increase in an average cost of Baht 150/person/flight. The Company will deliver this additional charge solely to the government. The Company acts as a messenger to pass this charge from passenger to the government. This does not result in a decrease in travelling nor a decrease in domestic flights. Fourthissue: Efficiencyon punctuality decreases due to an increase in aircrafts and flights in Don Mueang Airport, which is more crowded. In the past at about 7.00 – 8.00 am, there would be 2-3 planes taking off, but now there are 7-8 planes.

The airline punctuality decreases, not due to technical issue, broken parts, but the air traffic congestion.

Fifth issue: Currently, Chinese tourists represent 20% of Thai AirAsia Co., Ltd.’s revenue. Indian tourists represent approximately 1% only. The Company still has growth potential. If asked why the Company did not penetrate into Indian market, it is because of freedom of traffic rights in China. While India has not yet signed airspace liberalization with Thailand. In the recent negotiation 6-7 years ago, it is still the exchange of number of seats. This issue has been discussed with Department of Civil Aviation and mid of this year, there will be a negotiation for additional traffic rights.

If additional traffic rights acquired, we will be able to increase the flights to India. Thank you.

- Dr. Wilaiporn Laohakosol, a shareholder attending in person: I would like to add what thefirstshareholderdiscussed about buying a package. The house owner recently bought a package to Wuhan and just returned. He received a sandwich, which was not appropriate to put in the package. Additional point to ask is about facilities for the elderly. I often take Bangkok-Mandalay flights and would like to ask why there is a charge on wheel chair for some routes and not for certain routes. In addition, travelling abroad by usingPassengerBuilding 1 cannot drop thepassengersoff at the gate. Passengers need to walk though there is an aerobridge.

Can the Company make any changes on this? When service fee is charged, there should be more services. Final issue is to update synergy with the new shareholder. - Mr. Tassapon Bijleveld, Chief Executive Officer: Recommendations on sandwich, foods and reservation will be taken into consideration for improvement. Regarding facilities within the airport used by the airline belong to Airport Authority of Thailand, which the airline cannot do anything much. Some aerobridges allow the wheel chairs to drop passengers right at the gate. But some aerobridges do not allow to do so. Airport Authority of Thailand will decide whether to allow dropping the passengers or not.

For the parking aircraft not using aerobridge, the airline will use folklift to lift up the passengers. Now it is under negotiation to purchase folklift for every station to service the elderly passengers and passengers in need of special assistance. Last issue: Cooperation with the new shareholders. At present, the Company sells duty-freegoods which belong to King Power on the plane. In the future, there will be more promotions since we are now partners. At present, we are working on online duty free.

Attachment 1

20 - Dr. Wilaiporn Laohakosol, a shareholder attending in person: When asking about the elderly’s facilities, I got different answers. Some staff informed that Baht 300 or Baht 600 fee collected from the destination and not from the point of departure in Mandalay. No fee is collected from both destination and point of departure on certain routes. In general, every airport in Thailand will not collect fee for both domestic and international flights. Passengers may tip at their own discretion. I would like to ask that the staff rendering elderly services are employed under Airport Authority of Thailand or Thai AirAsia.

Thank you. - Mr. Tassapon Bijleveld, Chief Executive Officer: They are Thai AirAsia staff.

- Mr. Kraiwan Katawanich, a shareholder attending in person: I would like to add about sandwich whether it is appropriate from the customers’ viewpoint. But from the entrepreneur’s or shareholder’s viewpoint, no matter what foods they are, if they are disclosed, it means that the payer accepts on what they will get. The airline should also treat the same. Likewise, whether foods are included or not included in the package, it should have menu and picture for customer. My next recommendationis about some airlines,not in Thailand,with regardto carrying medical equipment on the plane. With reference to medical equipment, measures and regulations on carrying medical equipment should be posted on the website.

This will get rid of the problems. Everything should follow the conditions. Last issue: Some shareholders talk about getting services via social media. I think social media is like credibility of the front office. When talking about back office with reference to what I discussed at the beginning i.e. I refuse the amount paid by bank credit card (those paying cash are not entitled to this). The bank will request for evidences if goods and services do not match with transactions in the document. The bank will immediately withhold cash. Apart from penalty payment, Thai AirAsia also loses its credibility.

Please take this issue into consideration with precaution. Thank you.

- Mr. Arak Chonlatanon, Chairman of the Meeting: We will take all of the information into consideration. Thank you for your recommendation. - Dr. Wilaiporn Laohakosol, a shareholder attending in person: Apart from providing recommendations for improvement, I would like to admire that so far the Company staff, especially at the counter, are very helpful and generous. In certain period, I had leg ache, all the staff had very good service mind. Staff at the counter arranged a chair for me. I would like to thank for training the staff to be generous and helpful. Please pass my appreciation to all the well performed staff.

Attachment 1

21 No Shareholders then opined or queried. Therefore, the Chairman of the Meeting summarized number of attendants.There were 140 shareholdersattendingthe Meetingrepresenting 1,326,244,619 shares and 458 proxies representing 1,773,912,797 shares, with the total 598 attendants representing 3,100,157,416 shares, equivalent 63.9208% of the total issued share capital. The Company will provide the minute of the Annual General Meeting which summarizes the signifinincant details of all agendas and submit to the Stock Exchange of Thailand and the Ministry of Commerce by the time specified by law.

The Company will also publish the minute of the Annual General Meeting via the company’s website. The Chairman of the Meeting thanked all the shareholders and would take all the comments for further improvement and then closed the Meeting.

The Meeting closed at 15.25 hrs. (Signature) (Mr. Arak Chonlatanon) Chairman of the Meeting (Signature) (Ms. Nisres Distes) Company Secretary Attachment 1

Attachment 3 1 Profiles of the retiring director proposed for re-appointment Mr. Vichate Tantiwanich Position: Chairman, Chairman of Audit Committee, Nomination and Remuneration Committee and Independent Director (Profiles of Audit Committee and Independent Director as referred in Attachment 7) Mr. Preechaya Rasametanin Position: Director/ Director of Engineering (The Director who is authorized to sign on behalf of the Company) Starting Date of Directorship: December 28, 2017 Age (years): 59 Education/ Training:  Bachelor of Science in Mechanical Engineering, Royal Thai Air Force Academy  Directors Certification Program (DCP 144), Thai Institute of Directors Association (IOD) Financial Statement For Directors Class 11/2011, Thai Institute of Directors Association (IOD) Number of Shares and Percentage of Asia Aviation PLC (%)(1) : 0.39 Relationship with other Management(2) : - None - 5 years past and present work experience: Period Position Company 2017 – present Director Asia Aviation Plc.

2007 – present Director of Engineering Asia Aviation Plc. 2014 – present Executive Vice President Thai AirAsia Co., Ltd. 2007 – 2016 Director Asia Aviation Plc.

2007 – 2015 Director Thai AirAsia Co., Ltd. 2004 – 2014 Director of Engineering Thai AirAsia Co., Ltd. Director/ Management Position in other companies:  Listed Company - None -  Non-listed company - Thai AirAsia Co., Ltd.  Other company that compete with/ relate to the company - None - Attend of the Meeting in 2017:  The Board of Directors Meeting - 0/6 times * The effective date of director appointment was December 28, 2017.  2017 Annual General Meeting of Shareholder - 1/1 times Illegal Record in past 10 years: - None - (1) Including the shareholding from spouse and minor child (2) Family relationship means relation by blood, wedding and registered by laws

Attachment 3 2 Mr. Phairat Pornpathananangoon Position: Director (The Director who is authorized to sign on behalf of the Company) Starting Date of Directorship: December 27, 2017 Age (years): 43 Education/ Training:  Master of Business Administration, San Diego State University  Bachelor of Accounting, Thammasat University Number of Shares and Percentage of Asia Aviation PLC (%)(1) : 0.0041 Relationship with other Management(2) : - None - 5 years past and present work experience: Period Position Company 2017 – present Director Asia Aviation Plc. 2017 – present Director Thai AirAsia Co.,Ltd.

2014 – present Director/ Chief Financial Officer Thai AirAsia X Co.,Ltd. 2017 Director Tree Dance Publishing Co.,Ltd.

2017 Director Tree Dance Active Co.,Ltd. 2017 Director In Publishing Co.,Ltd. 2016 – 2017 Director Tree Dance Holdings Co.,Ltd. 2016 – 2017 Director Image Publishing Co.,Ltd. 2004 – 2014 Financial Controller Thai AirAsia Co.,Ltd. Director/ Management Position in other companies:  Listed Company - None -  Non-listed company - Thai AirAsia Co., Ltd. - Thai AirAsia X Co., Ltd.  Other company that compete with/ relate to the company - None - Attend of the Meeting in 2017:  The Board of Directors Meeting - 0/6 times  2017 Annual General Meeting of Shareholder - 0/1 times * The effective date of director appointment was December 27, 2017.

Illegal Record in past 10 years: - None - (1) Including the shareholding from spouse and minor child (2) Family relationship means relation by blood, wedding and registered by laws

Attachment 4 1 Documentary evidences required for the right to attend the Meeting and to vote in the Shareholders’ Meeting of the Shareholder or proxy The Company shall convene the 2018 Annual General Meeting of Shareholders on April 24, 2018 at 14.00 hours at Don Muang Ballroom, lobby level, Amari Don Muang Airport Bangkok, 333 ChertWudthakas Road, Bangkok. In this connection, the Company shall proceed with a Barcode system so as to promote transparency, fairness and benefits for shareholders. The Company considers appropriate to impose procedures on review of documents and evidence identifying shareholders and proxies eligible to register, attend and vote at the Meeting as follows: 1.

Proxy Form The Department of Business Development, the Ministry of Commerce issued a notification re: Prescription of a Proxy Form (No. 5) B.E. 2550; the Company has therefore prepared a proxy form for shareholders who cannot attend the Meeting. A proxy may be any independent director.

1.1 The Company attaches to the Notice a Proxy Form B. which prescribes certain particulars. 1.2 In the event shareholders wish to apply a Proxy Form A. being a simple proxy form, or Proxy Form C. for foreign investors appointing custodians as depositary, both Forms can be downloaded from the Company Website www.aavplc.com In all cases, please produce the Registration Form on which a Barcode is affixed on the date of Meeting. Shareholders may apply either Form A or B while foreign investors appointing custodians as depositary in Thailand can select Form A, B or C.

2. Documents to be produced prior to the Meeting 2.1 Person 2.1.1 Personal attendance: Unexpired original document issued by competent authorities i.e.

ID Card, Civil Servant Card, or Driving License supported by any documents in case of change thereto; please produce the Registration Form as well. 2.1.2 Proxy: - Any Proxy Form duly filled in and signed by shareholder and proxy; - Valid copy of ID card or others issued by competent authorities of shareholder duly certified; - Valid copy of ID card or others issued by competent authorities of proxy duly certified together with originals thereof at point of registration.

- The Registration Form on which a Barcode is affixed 2.2 Juristic Entity 2.2.1 Personal attendance by director:

Attachment 4 2 - Copy of a company affidavit issued less than 6 months and duly certified by authorized director(s) containing particulars that director(s) attending the Meeting is(are) duly authorized; - Valid Copy (ies) of ID Card or others issued by competent authorities duly certified by such director(s) together with originals thereof at point of registration. - The Registration Form on which a Barcode is affixed 2.2.2 Proxy: - Any Proxy Form duly filled in and signed by authorized director(s) of shareholder and proxy; - Copy of a company affidavit issued less than 6 months and duly certified by authorized director(s) containing particulars that director(s) affixing signature(s) on the Proxy Form is(are) duly authorized; - Valid copy (ies) of ID Card or others issued by competent authorities to director(s) who is(are) director(s) duly certified by him/her/them; - Valid copies of ID Card or others issued by competent authorities to proxy duly certified together with originals thereof at point of registration.

- The Registration Form on which a Barcode is affixed 2.2.3 Custodian appointed as depositary by foreign investors - Documents as under juristic entity 2.2.2 shall be prepared; In the event custodian hasbeen authorized to sign onproxy, the following documents shall beproduced: - A power of attorney appointing such custodian to sign on proxy; - A confirmation letter that signatory has been licensed to engage in custodian business. If an original documentis not madein English, please attach the English translation duly certified by director(s) of suchjuristic entity. - The Registration Form on which a Barcode is affixed 3.

Registration The Company shall proceed with registration not less than two hours prior to the Meeting or from 11.00 hours, on April 24, 2018 at the venue with a map attached to the Notice.

4. Casting Votes Criteria 4.1 General agenda 4.1.1 A vote in each agenda shall be one share one vote. Shareholders shall only vote for: agree, disagree or abstain while splitting of votes is not allowed, except in the case of custodian. 4.1.2 Proxy: - Proxy shall cast a vote only as specified in the Proxy; non-compliance shall not constitute a valid vote by shareholders. - In the event no instruction has been specified, or instruction is not clear on the Proxy on each agenda, or the Meeting considers or votes on any issue other than those specified on the Proxy, or there would be any amendment to or change in facts, then proxy shall have discretion to consider and vote as appropriate.

Attachment 4 3 4.2 Director agenda According to Article 16 of the Company’s Articles of Association, the Meeting of Shareholders shall elect directors in accordance with the rules and procedures as follows: 4.2.1 Every shareholder shall have one vote for each share of which he is the holder; 4.2.2 Each shareholder may exercise all the votes he has under 4.2.1 above to elect one or several director(s). In the event of electing several directors, he may not allot his votes to each unequally. 4.2.3 The persons receiving the highest votes in their respective order of the votes shall be elected as directors at the number equal to the number of directors required at that time.

In the event of an equality of votes among the persons elected in order of respective high numbers of votes, which number exceeds the required number of directors of the Company at that time, the Chairman of the Meeting shall be entitled to a second or casting vote.

5. Procedures on Casting Votes Chairman of the Meeting or officer shall explain casting vote: one share per one vote under the following procedures: 5.1 Chairman shall ask the Meeting to cast vote on each agenda as to agreement, disagreement or abstention. A vote shall be cast by shareholder or proxy on one opinion only (except in case of custodian by which Proxy allows). 5.2 Votes shall be counted only by shareholders who disagree or abstain from votes as specified in the ballots distributed by officers of the Company at time of registration so that such ballots shall be summed up and deducted from all votes by shareholders attending the Meeting, and that the remainder counted as agreement on such agenda.

6. Counting and Announcing the Votes Officers of the Company shall count and sum up votes on each agenda based on a Barcode duly affixed on the ballots received and marked with disagreement or abstention, as the case may be, then deduct same from all votes by shareholders attending the Meeting. Results shall be announced for each agenda.

Attachment 5 1 Company’s Articles of Association concerning the Shareholders Meeting 1. To summon for the Shareholders Meeting Article 31 The Board of Directors shall arrange for an Annual General Meeting of Shareholders within 4 months from the last day of the fiscal year of the Company.

Article 32 To summon for the Meeting of Shareholders, the Board of Directors shall send notice of the Meeting stating the venue, date, time, agenda of the Meeting and the matters to be proposed to the Meeting together with reasonable details by indicating clearly whether the matter is submitted for information, approval or consideration as applicable, including the opinion of the Board of Directors on such matter. The notice shall deliver the same to the shareholders and the Registrar for reference not less than 7 days prior to the Meeting and be announced in a newspaper for not less than 3 days before the Meeting date and not less than 3 days consecutive.

The venue to be used for the Meeting can be located in the province where the head office of the Company or any other place as the Board of Directors stipulates. Article 34 The Chairman of the Board of Directors has a duty to be the Chairman of the Meeting. In case the Chairman of the Board is not present at the Meeting or cannot perform his duty, and if there is the Vice-Chairman, the Vice-Chairman shall be the Chairman of the Meeting. If there is no Vice-Chairman, or if there is the Vice-Chairman but he/she cannot perform his/her duties, the Shareholders present at the Meeting shall elect one of the Shareholders to be the Chairman of such Meeting.

2. The Quorum Article 33 The Meeting of Shareholders must be attended by not less than 25 shareholders or proxy (if any) or not less than a half of total number of shareholders holding and aggregate number of shares not less than one-third of all shares sold in number to constitute a quorum. In the event at any Meeting of Shareholders, after one hour from the time fixed for the Meeting commencement, the number of shareholders present is still not enough to form a quorum as required, if such Meeting of Shareholders was requested for by the Shareholders, such Meeting shall be revoked. If such Meeting of Shareholders was not called for by the Shareholders, the Meeting shall be called for again and in the latter case notice of the Meeting shall be delivered to shareholders not less than 7 days before the Meeting.

In the subsequent Meeting no quorum is required. 3. Rule and procedure to elect the Board of Directors Article 16 The Meeting of Shareholders shall elect the Board of Directors in accordancewith the rules and procedures as follows: (1) Every shareholder shall have one vote for each share of which he is the holder; (2) Each shareholder may exercise all the votes he has under the (1) above to elect one or several director(s). In the event of electing several directors, he may not allot his votes to each unequally.

Attachment 5 2 (3) The persons receiving the highest votes in their respective order of the votes shall be elected as directors at the number equal to the number of directors required at that time. In the event of an equality of votes among the persons elected in order of respective high numbers of votes, which number exceeds the required number of directors of the Company at that time, the Chairman of the Meeting shall be entitled to a second or casting vote. 4. Voting Article 35 Shareholders are entitled to voting rights according to the number of shares they have, one share per one vote.

Any shareholders has special interest in any matter, such shareholders does not have right to vote in such matter, other than voting for election of directors and the resolution of the Meeting of Shareholders shall be supported by the following votes: (1) In a normal case, by the majority vote of the Shareholders who attend the Meeting and cast their vote. In case of an equality of vote, the Chairman of the Meeting shall be entitled to a casting vote.

(2) In the following cases, by a vote of not less than three-fourths of the total number of shareholders present at the Meeting and entitled to vote: a. The sale or transfer of whole or essential parts of business of the Company to other persons. b. The purchase or acceptance of transfer of businesses of other companies or private companies to the Company's own. c. Entering into, amending or terminating the contract relating to the leasing out of business of the Company in whole or in essential parts; the assignment to anyone else to manage the businesses of the Company or the amalgamation of the businesses with other persons with an objective to share profit and loss.

d. Amendment oftheMemorandumofAssociation orArticles ofAssociation oftheCompany. e. Increase or decrease of the capital of the Company. f. The liquidation of the Company. g. The issuance of debentures. h. Merging of business of the Company with other companies.

Procedures for attending of the 2018 Annual General Meeting of Shareholders Asia Aviation Public Company Limited On April 24, 2018 Attending in Person Proxy The Company applies Barcode System for Meeting Registration Registering Desk by proxy (commence at 11.00 hours) Review the Proxy Signing in Registration Form Getting ballot cards Attend to the Meeting room If any shareholder wishes to vote against or abstain to vote for any agenda, please raise your hand and give the number of shareholding in the ballot.

Company’s officers collect the ballot only for the Shareholder who votes against or abstain to vote/conclude the result The Chairman announces the vote to the meeting An inspector (an external lawyer will be present to observe the voting procedures in order to ensure they are transparent and in compliance with the Company’s Articles of Association, and all related laws and regulations. * Please return to the Company’s officers the ballot for every agenda when the meeting be completed.

Shareholders of Asia Aviation Public Company Limited Attachment 6  Producing ID Card  Registration Form (with Barcode)  Producing ID Card  Proxy Form  Registration Form (with Barcode)  Certified copy of the Proxy’s and grant’s ID Cards Registering Desk attending in person (commence at 11.00 hours) The Chairman proposes the agenda in order The Chairman opens the Meeting at 14.00 hours.

Attachment 7 1 Qualifications of Independent Directors The Independent Directors shall possess all the qualifications required by the Capital Market Supervisory Board and the Stock Exchange of Thailand, and can oversee the interest of all shareholders equally without any conflicts of interests.

The qualifications are as follows: 1. Holding not exceeding 1% of the total shares with voting rights of Asia Aviation Plc., its parent company, its subsidiary company, its associated company, major shareholder or control person of Asia Aviation Plc. (inclusive of the shares held by any related person of such independent director); 2. Not being, nor having been, a director who participates in the management, an employee, staff member or advisor who receives a regular salary, or a control person of Asia Aviation Plc., its parent company, subsidiary company, its associated company, its subsidiary at the same level, major shareholder or control person of Asia Aviation Plc., unless the holding of the aforementioned positions has been discontinued for at least two years before the date of submission of the application for the issue of newly issued shares to the SEC.

However, such prohibition shall not apply in the case where such independent director has been a government official or consultant of the government sector, which is a major shareholder, or control person of Asia Aviation Plc.; 3. Not being person who has a relationship by blood or registration under laws, as father, mother, spouse, sibling, and child, including spouse of child, of its directors, its executives, its major shareholder, its control person or the person who will be nominated to take up the position of director or executive or control person of Asia Aviation Plc. or its subsidiary; 4.

Not having, or not having had, any business relationship with Asia Aviation Plc., its parent company, its subsidiary company, its associated company, major shareholder or control person of Asia Aviation Plc. in a manner which may obstruct its independent judgment. Additionally, not being or not having been a substantial shareholder or control person of a person who has a business relationship with Asia Aviation Plc. its parent company, its subsidiary company, its associated company, major shareholder or control person of Asia Aviation Plc., unless such business relationship has been discontinued for at least two years before the date of submission of the application for the issue of newly issued shares to the SEC.

(The aforementioned business relationship and transaction size shall have the same definition as in the Notification of the Thai Capital Market Supervisory Board Re: Application for and Approval of Offer for Sale of Newly Issued Shares); 5. Not being, or not having been, an auditor of Asia Aviation Plc., its parent company, its subsidiary company, its associated company, major shareholder, control person of Asia Aviation Plc., major shareholder or control person or the partner of the audit company for which the auditor of Asia Aviation Plc., its parent company, its subsidiary company, its associated company, major shareholder or control person of Asia Aviation Plc.

has worked therein, unless such holding of the aforementioned positions has been discontinued for at least two years before the date of submission of the application for the issue of newly issued shares to the SEC;

Attachment 7 2 6. Not being or not having been a professional service provider, including service provided as legal counsel or financial advisor which is retained for a fee exceeding Baht two million per annum from Asia Aviation Plc., its parent company, its subsidiary company, its associated company, major shareholder or control person of Asia Aviation Plc., and not being major shareholder or control person or the partner of such professional service provider, unless such business relationship has been discontinued for at least two years before the date of submission of the application for the issue of newly issued shares to the SEC; 7.

Not being a director nominated to be a representative of a director of Asia Aviation Plc., major shareholder or shareholder who are related persons to the major shareholder; 8. Not undertaking any business which has the same nature as and is in competition with the business of Asia Aviation Plc. or its subsidiary company or not being a partner of the partnership or a director who participates in the management, an employee, a staff member, or advisor who receives a regular salary or holds shares exceeding 1% of the total shares with voting right of other companies which undertakes business of the same nature as and is in competition with the business of Asia Aviation Plc.

or its subsidiary company; and 9. Having no other qualifications causing any inability to express independent judgment in respect of Asia Aviation Plc.’s business operation.

3 Profiles of Independent Director for Appointment of Proxy Mr. Vichate Tantiwanich Position: Chairman, Chairman of the Audit Committee Nomination and Remuneration Committee and Independent Director Starting Date of Directorship: February 22, 2018 Age (years): 57 Address: 222, Don Mueang International Airport, 3rd Fl., Central Office Bldg., Room no. 3200, Vibhavadee Rangsit Road, Don Mueang, Bangkok Education/ Training:  MBA (Finance and Marketing), University of Hartford, Connecticut, U.S.A.  B.A. in Economics (Monetary Economics and Public Finance), Chulalongkorn University  Diploma, The National DefenceCourse (Class56/2013), ThailandNational Defence College  Capital Market Academy Leadership Program (CMA 1/2005), Capital Market Academy, The Stock Exchange of Thailand (SET)  Director CertificationProgram(DCP 2/2000),Thai Instituteof Directors Association (IOD) Number of Shares and Percentage of Asia Aviation PLC (%)(1) : - None - Relationship with other Management(2) : - None - 5 years past and present work experience: Period Position Company 2018 – present Chairman/ Chairman of the Audit Committee/ Nomination and Remuneration Committee Asia Aviation Plc.

2018 – present Chairman / Chairman of the Audit Committee/ Nomination and Remuneration Committee Thai AirAsia Co., Ltd. 2017 – present Independent Director/ Chairman of Marketing and Public Relations Committee Industrial Estate Authority of Thailand 2017 – present Advisor to the Board PMG Corporation Co., Ltd. 2017 – present Independent Director/ Member of Audit Committee Wind Energy Holding Co., Ltd. 2017 – present Independent Director KPN Academy Co., Ltd. 2017 – present Chairman/ Chairman of the Audit Committee GMO-Z com Security (Thailand) Ltd. 2017 – present Independent Director/ Chairman of the Audit Committee JWD Info Logistics Plc.

2012 – present Independent Director Phatra Leasing Plc. 2012 – present Chairman of the Executive Committee CAC Co., Ltd. 2010 – present Advisor to Directors of Capital Market Academy Stock Exchange of Thailand 2015 – 2017 Advisor Minister of Commerce 2015 – 2017 Independent Director Export – Import Bank of Thailand (1) Including the shareholding from spouse and minor child (2) Family relationship means relation by blood, wedding and registered by laws Attachment 7

4 Period Position Company 2013 – 2017 Appellate Sub-committee SecuritiesandExchangeCommissionofThailand (SEC) 2012 – 2017 Director Thai Financial Planners Association 2012 – 2017 Senior Vice President Thai Beverage Plc. 2014 – 2015 Independent Directo / Member of Audit Committee Dhanarak Asset Development Co., Ltd. 2013 – 2015 IOD Advisory Committee on Research and Governance Thai Institute of Directors 2012 – 2015 Independent Director/ Member of Audit Committee M Pictures Entertainment Plc. Director/ Management Position in other companies:  Listed Company - JWD InfoLogistics Plc. - Phatra Leasing Plc.

 Non-listed company - Thai AirAsia Co., Ltd. - PMG Corporation Co., Ltd. - Wind Energy Holding Co., Ltd. - Industrial Estate Authority of Thailand - KPN Academy Co., Ltd.

- GMO Z com Security (Thailand) Ltd. - CAC Co., Ltd.  Other company that compete with/ relate to the company - None - Attend of the Meeting in 2017:  The Board of Directors Meeting - 0/6 times  The Audit Committee Meeting - 0/5 times  The Nomination and Remuneration Committee Meeting - 0/2 times  2017 Annual General Meeting of Shareholder - 0/1 times * The effective date of director appointment was February 22, 2018. Illegal Record in past 10 years: - None - Having the following interests in the Company, parent company, subsidiaries, affiliates or any legal entities that have conflicts, at present or in the past 2 years:  Being a director that take part in managing day-to-day operation, - No - employee, or advisor who receive a regular salary or fee  Being a professional service provider (i.e., auditor, lawyer) - No -  Having the significant business relations that may affect the ability - None - to perform independently Conflict of Interest in the Agenda - Director who is retired by rotation and reappointed in 2018.

Attachment 7

4 Mr. Nuttawut Phowborom Position: Director, Audit Committee, Chairman of Nomination and Remuneration Committee and Independent Director Starting Date of Directorship: December 13, 2011 Age (years): 54 Address: 222, Don Mueang International Airport, 3rd Fl., Central Office Bldg., Room no. 3200, Vibhavadee Rangsit Road, Don Mueang, Bangkok Education/ Training:  Master of Business Administration General Management, City University, U.S.A.  Bachelor Degree of Economics, The University of the Thai Chamber of Commerce  Director Accreditation Program (DAP 28), Thai Institute of Directors Association (IOD)  Audit Committee Program (ACP 4), Thai Institute of Directors Association (IOD)  Roleof theCompensation Committee (RCC 6),Thai Instituteof Directors Association(IOD) Number of Shares and Percentage of Asia Aviation PLC (%)(1) : - None - Relationship with other Management(2) : - None - 5 years past and present work experience: Period Position Company 2011 – present Director/ Audit Committee/ Chairman of Nomination and Remuneration Committee Asia Aviation Plc.

2011 – present Director/ Audit Committee/ Chairman of Nomination and Remuneration Committee Thai AirAsia Co., Ltd. 2017 – present Director KPN-KEPPEL ALLIANCE (SK19) Co., Ltd. 2017 – present Director KPN-KEPPEL ALLIANCE (SK28) Co., Ltd. 2017 – present Director Food Capitals Plc. 2016 – present Director/ Group Chief Executive Officer KPN Group Corporation Co., Ltd. 2016 – present Director/ Chief Executive Officer KPN Land Co.,Ltd. 2016 – present Director Watabak Wind Co.,Ltd. 2015 – present President Wind Energy Holding Co., Ltd. 2015 – present Director KPN Healthcare Plc. 2015 – present Director KPN Holding Co., Ltd 2014 – present Director/ Vice Chairman KPN Music Academy Co., Ltd.

2014 – present Director/ Vice Chairman KPN Chinese Academy Co., Ltd. 2014 – present Director InnovativeLearning andDesign(Thailand)Co., Ltd. 2013 – present Director/ Vice Chairman KPN Tutoring Co., Ltd. 2013 – present Director/ Vice Chairman KPN Academy Co., Ltd. 2013 – present Audit Committee/ Independent Director Finansa Plc. 2010 – present Executive Director KPN Music Co., Ltd. 2010 – present Executive Director Eastern Cuisine (Thailand) Co., Ltd. (1) Including the shareholding from spouse and minor child (2) Family relationship means relation by blood, wedding and registered by laws Attachment 7

5 Period Position Company 2009 – present Director KPN Award Co., Ltd. 2007 – present Director K.N. and Associates Co., Ltd. 2006 – present Director KPN Music & Entertainment Co., Ltd. 2002 – present Chairman Siam Koi Co., Ltd. 1996 – present Chief Financial Officer KPN Group Corporation Co., Ltd. Present Director Sport Society Co., Ltd. Present Director/ Vice Chairman Penta Systems Co., Ltd. Present Director CBNP (Thailand) Co., Ltd. Present Director KPN Innovation Co., Ltd. Present Director KPN Sakaguchi Co., Ltd. Present Director Siam Chiangmai Co., Ltd. Present Director K.E.C.International Co., Ltd.

Present Director/ Vice Chairman Siam Wilson Learning Co., Ltd. Present Director K.P.N.Tower Co., Ltd.

Present Director KPN Lifestyle Co., Ltd. Present Director Dudu Nong Co., Ltd. Present Director K P N Trading Co., Ltd. Present Director KPN Marine Co., Ltd. 2014 – present Director/ Vice Chairman KPN Tutoring Academy Co., Ltd. 2013 – present Executive Director KPN Golf Academy Co., Ltd. 2013 – present Executive Director INT Aviation Co., Ltd. 2010 – present Audit Committee/ Independent Director Matching Maximize Solution Plc. 2014 – 2015 Chief Executive Officer KPN Group Corporation Co., Ltd. 2010 Chief Operating Officer KPN Group Corporation Co., Ltd. 2008 – 2016 Director KPN Music Room Co., Ltd.

2008 – 2016 Director KPN Music Siam Square Co., Ltd. 2008 – 2014 Director KPN Music Chiangmai Co., Ltd. 2006 – 2014 Director Computer and Consultant Services Co., Ltd. 2006 – 2014 Director PS Business Trading Corp.,Ltd. 2006 – 2014 Director Siam Khonkaen Co., Ltd. 2006 – 2014 Director MB Business Trading Corp.,Ltd. 2003 – 2012 Audit Committee Prasit Pattana Plc. 2003 – 2012 Independent Director/ Chairman of the Remuneration Committee Phayathai Hospital 1,2,3 Director/ Management Position in other companies:  Listed Company - Finansa Plc. - Food Capitals Plc. Attachment 7

6  Non-listed company - Thai AirAsia Co., Ltd. - KPN-KEPPEL ALLIANCE (SK19) Co., Ltd. - KPN-KEPPEL ALLIANCE (SK28) Co., Ltd. - KPN Group Corporation Co., Ltd. - KPN Land Co.,Ltd. - Watabak Wind Co.,Ltd. - Wind Energy Holding Co., Ltd. - KPN Healthcare Plc. - KPN Holding Co., Ltd - KPN Music Academy Co., Ltd. -KPNChineseAcademyCo.,Ltd. -InnovativeLearningandDesign(Thailand)Co.,Ltd. - KPN Tutoring Co., Ltd. - KPN Academy Co., Ltd. - KPN Music Co., Ltd. - Eastern Cuisine (Thailand) Co., Ltd. - KPN Award Co., Ltd. - K.N. and Associates Co., Ltd. - KPN Music & Entertainment Co., Ltd. - Siam Koi Co., Ltd.

- Sport Society Co., Ltd. - Penta Systems Co., Ltd. - CBNP (Thailand) Co., Ltd. - KPN Innovation Co., Ltd. - KPN Sakaguchi Co., Ltd. - Siam Chiangmai Co., Ltd. - K.E.C.International Co., Ltd. - Siam Wilson Learning Co., Ltd. - K.P.N.Tower Co., Ltd. - KPN Lifestyle Co., Ltd. - Dudu Nong Co., Ltd. - K P N Trading Co., Ltd. - KPN Marine Co., Ltd.

 Other company that compete with/ relate to the company - None - Attend of the Meeting in 2017:  The Board of Directors Meeting - 4/6 times  The Audit Committee Meeting - 5/5 times  The Nomination and Remuneration Committee Meeting - 2/2 times  2017 Annual General Meeting of Shareholder - 0/1 times Illegal Record in past 10 years: - None - Having the following interests in the Company, parent company, subsidiaries, affiliates or any legal entities that have conflicts, at present or in the past 2 years:  Being a director that take part in managing day-to-day operation, - No - employee, or advisor who receive a regular salary or fee  Being a professional service provider (i.e., auditor, lawyer) - No -  Having the significant business relations that may affect the ability - None - to perform independently Conflict of Interest in the Agenda - None - Attachment 7

7 Mr. Veerayooth Bodharamik Position: Audit Committee/ Nomination and Remuneration Committee/ Independent Director Starting Date of Directorship: February 22, 2018 Age (years): 48 Address: 222, Don Mueang International Airport, 3rd Fl., Central Office Bldg., Room no. 3200, Vibhavadee Rangsit Road, Don Mueang, Bangkok Education/ Training:  Bachelor's Degree in Faculty of Law, Chulalongkorn University Number of Shares and Percentage of Asia Aviation PLC (%)(1) : - None - Relationship with other Management(2) : - None - 5 years past and present work experience: Period Position Company 2018 – present Director/ Audit Committee/ Nomination and Remuneration Committee Asia Aviation Plc.

2017 – present Vice President Corporate Relation Mono Technology Plc. 2015 – present Managing Director V.B.Corporation Co.,Ltd. 2011 – present Vice President Office of CEO Jasmine International Plc. 2009 – present Vice President Government Affairs and Community Management Division Areeya Property Plc. 2011 – 2017 Team Manager BBCU Big Bang Chula United Football Club Director/Management Position in other companies:  Listed Company - Mono Technology Plc. - Jasmine International Plc. - Areeya Property Plc.  Non-listed company - V.B.Corporation Co.,Ltd.  Other company that compete with/ relate to the company - None - Attend of the Meeting in 2017:  The Board of Directors Meeting - 0/6 times  The Audit Committee Meeting - 0/5 times  The Nomination and Remuneration Committee Meeting - 0/2 times  2017 Annual General Meeting of Shareholder - 0/1 times * The effective date of director appointment was February 22, 2018.

Illegal Record in past 10 years: - None - (1) Including the shareholding from spouse and minor child (2) Family relationship means relation by blood, wedding and registered by laws Attachment 7

4 Having the following interests in the Company, parent company, subsidiaries, affiliates or any legal entities that have conflicts, at present or in the past 2 years:  Being a director that take part in managing day-to-day operation, - No - employee, or advisor who receive a regular salary or fee  Being a professional service provider (i.e., auditor, lawyer) - No -  Having the significant business relations that may affect the ability - None - to perform independently Conflict of Interest in the Agenda - None - Attachment 7

เอกสารแนบ 8 Attachment 8 หนังสือมอบฉันทะ แบบ ข Proxy Form B (ปิดอากรแสตมป์ 20 บาท) (Duty Stamp 20 Baht) เลขทะเบียนผู้ถือหุ้น _ เขียนท _ _ Shareholder’s Registration No.

Written at วันท _ _ เดือน _ พ.ศ _ _ Date Month Year (1) ข้าพเจ้า สัญชาต _ _ I/We Nationality อยู่บ้านเลขท _ _ Address (2) เป็นผู้ถือหุ้นของ บริษัท เอเชีย เอวิเอชั่น จากัด (มหาชน) (“บริษัทฯ”) being a shareholder of Asia Aviation Public Company Limited (“The Company”) โดยถือหุ้นจานวนทั้งสิ้นรวม _ _ หุ้น และออกเสียงลงคะแนนได้เท่ากับ _ _ เสียง ดังนี้ holding the total amount of shares and are entitled to vote equal to votes as follows:  หุ้นสามัญ _ _ หุ้น ออกเสียงลงคะแนนได้เท่ากับ _ _ เสียง ordinary share shares and are entitled to vote equal to votes  หุ้นบุริมสิทธ _ _ หุ้น ออกเสียงลงคะแนนได้เท่ากับ _ _ เสียง preference share shares and are entitled to vote equal to votes (3) ขอมอบฉันทะให้ (ผู้ถือหุ้นสามารถมอบฉันทะให้กรรมการอิสระของบริษัทฯ ได้ โดยมีรายละเอียดตามเอกสารแนบ 7) Hereby appoint (The Shareholder may appoint the Independent Director of the Company of which details as in Attachment 7)  1.

ชื่อ (Name _ _ อายุ (age _ ปี (years) อยู่บ้านเลขที่ (residing at _ _ _ _ หรือ (or)  2. ชื่อ (Name) Mr. Vichate Tantiwanich อายุ (age)__57__ ปี (years) อยู่บ้านเลขที่ (residing at) 222, Don Mueang International Airport, 3rd Fl., Central Office Bldg., Room no. 3200, Vibhavadee Rangsit Road, Don Mueang, Bangkok หรือ (or)  3. ชื่อ (Name _ _ Mr. Nuttawut Phowborom _ อายุ (age) 54 ปี (years) อยู่บ้านเลขที่ (residing at) 222, Don Mueang International Airport, 3rd Fl., Central Office Bldg., Room no. 3200, Vibhavadee Rangsit Road, Don Mueang, Bangkok หรือ (or)  4. ชื่อ (Name _ Mr. Veerayooth Bodharamik ____อายุ (age) 48 ปี (years) อยู่บ้านเลขที่ (residing at) 222, Don Mueang International Airport, 3rd Fl., Central Office Bldg., Room no.

3200, Vibhavadee Rangsit Road, Don Mueang, Bangkok คนใดคนหนึ่งเพียงคนเดียวเป็นผู้แทนของข้าพเจ้า เพื่อเข้าร่วมประชุมและออกเสียงลงคะแนนแทนข้าพเจ้ า ในการประชุมสามัญผู้ถือหุ้น ประจาปี 2561 ในวันอังคารที่ 24 เมษายน 2561 เวลา 14.00 น. ณ ห้องดอนเมืองบอลรูม โรงแรมอมารี ดอนเมือง แอร์พอร์ต กรุงเทพฯ เลขที่ 333 ถนน เชิดวุฒากาศ กรุงเทพมหานคร หรือที่จะพึงเลื่อนไปในวัน เวลา และสถานที่อื่นด้วย Only one of them as my/our Proxy to attend and vote on my/our behalf at the 2018 Annual General Meeting of Shareholders on Tuesday, April 24, 2018, 14.00 hours at Don Muang Ballroom, lobby level, Amari Don Muang Airport Bangkok, 333 ChertWudthakas Road, Bangkok or on such other date and at such other place as may be adjourned or changed.

เพื่อความรวดเร็วในการลงทะเบียน โปรดนาแบบฟอร์มลงทะเบียนซึ่งพิมพ์บาร์โค้ด มาแสดงต่อเจ้าหน้าที่ลงทะเบียนในวันประชุมด้วย For convenience in the registration, please bring your barcode already printed on Registration Form to show at the Meeting.

(4) ข้าพเจ้าขอมอบฉันทะให้ผู้รับมอบฉันทะออกเสียงลงคะแนนแทนข้าพเจ้าในการประชุมครั ้งนี้ดังนี้ I/We authorize the Proxy to vote on my/our behalf at the Meeting as follows: วาระที่ 1 เรื่องที่ประธานแจ้งให้ที่ประชุมทราบ Agenda 1 Matter to be informed by Chairman เนื่องจากวาระนี้เป็นวาระแจ้งเพื่อทราบ จึงไม่มีการออกเสียงลงคะแนน As this item is for information to shareholders, there will be no voting.

วาระที่ 2 พิจารณารับรองรายงานการประชุมสามัญผู้ถือหุ้นประจาปี 2560 ซึ่งประชุมเมื่อวันที่ 25 เมษายน 2560 Agenda 2 To consider and certify the Minutes of the Annual General Meeting of Shareholders for 2017 held on April 25, 2017  (ก) ให้ผู้รับมอบฉันทะมีสิทธิพิจารณาและลงมติแทนข้าพเจ้าได้ทุกประการตามที่เห็นสมค วร The Proxy is entitled to consider and vote on my/our behalf as deem appropriate.  (ข) ให้ผู้รับมอบฉันทะออกเสียงลงคะแนนตามความประสงค์ของข้าพเจ้า ดังนี้ The Proxy shall vote in accordance with my/our intention as follows:  เห็นด้วย / Approve  ไม่เห็นด้วย / Disapprove  งดออกเสียง / Abstain วาระที่ 3 พิจารณารับทราบรายงานของคณะกรรมการบริษัทสาหรับผลการดาเนินงานประจาปี 2560 และรายงานประจาปี 2560 Agenda 3 To acknowledge the Board of Directors’ report on the Company’s operating results for 2017 and Annual Report เนื่องจากวาระนี้เป็นวาระแจ้งเพื่อทราบ จึงไม่มีการออกเสียงลงคะแนน As this item is for information to shareholders, there will be no voting.

วาระที่ 4 พิจารณาอนุมัติงบดุล (งบแสดงฐานะการเงิน) และบัญชีกาไรขาดทุนประจาปี 2560 Agenda 4 To consider and approve the Balance Sheet (Statements of Financial Position) and Statements of Income for the year ended December 31, 2017  (ก) ให้ผู้รับมอบฉันทะมีสิทธิพิจารณาและลงมติแทนข้าพเจ้าได้ทุกประการตามที่เห็นสมค วร The Proxy is entitled to consider and vote on my/our behalf as deem appropriate.  (ข) ให้ผู้รับมอบฉันทะออกเสียงลงคะแนนตามความประสงค์ของข้าพเจ้า ดังนี้ The Proxy shall vote in accordance with my/our intention as follows:  เห็นด้วย / Approve  ไม่เห็นด้วย / Disapprove  งดออกเสียง / Abstain วาระที่ 5 พิจารณารับทราบการจ่ายเงินปันผลระหว่างกาลและอนุมัติงดจัดสรรเงินกาไรเป็ นทุนสารองตามกฎหมายและ งดจ่ายเงินปันผลงวดสิ้นปี 2560 Agenda 5 To acknowledge the interim dividend payment and approve the omitting of net profit as legal reserves and the withholding of dividend payment for the year-end 2017  (ก) ให้ผู้รับมอบฉันทะมีสิทธิพิจารณาและลงมติแทนข้าพเจ้าได้ทุกประการตามที่เห็นสมค วร The Proxy is entitled to consider and vote on my/our behalf as deem appropriate.

 (ข) ให้ผู้รับมอบฉันทะออกเสียงลงคะแนนตามความประสงค์ของข้าพเจ้า ดังนี้ The Proxy shall vote in accordance with my/our intention as follows:  เห็นด้วย / Approve  ไม่เห็นด้วย / Disapprove  งดออกเสียง / Abstain

วาระที่ 6 พิจารณาอนุมัติแต่งตั้งผู้สอบบัญชีและกาหนดค่าสอบบัญชีประจาปี 2561 Agenda 6 To consider and approve the appointment of the Company’s external auditors and their remuneration for 2018  (ก) ให้ผู้รับมอบฉันทะมีสิทธิพิจารณาและลงมติแทนข้าพเจ้าได้ทุกประการตามที่เห็นสมค วร The Proxy is entitled to consider and vote on my/our behalf as deem appropriate.  (ข) ให้ผู้รับมอบฉันทะออกเสียงลงคะแนนตามความประสงค์ของข้าพเจ้า ดังนี้ The Proxy shall vote in accordance with my/our intention as follows:  เห็นด้วย / Approve  ไม่เห็นด้วย / Disapprove  งดออกเสียง / Abstain วาระที่ 7 พิจารณาอนุมัติแต่งตั้งกรรมการแทนกรรมการที่พ้นจากตาแหน่งตามวาระประจาปี 2561 Agenda 7 To consider and approve the appointment of the Company’s Directors to replace those who will retire by rotation in 2018  (ก) ให้ผู้รับมอบฉันทะมีสิทธิพิจารณาและลงมติแทนข้าพเจ้าได้ทุกประการตามที่เห็นสมค วร The Proxy is entitled to consider and vote on my/our behalf as deem appropriate.

 (ข) ให้ผู้รับมอบฉันทะออกเสียงลงคะแนนตามความประสงค์ของข้าพเจ้า ดังนี้ The Proxy shall vote in accordance with my/our intention as follows:  การแต่งตั้งกรรมการทั้งชุด To elect Directors as a whole  เห็นด้วย / Approve  ไม่เห็นด้วย / Disapprove  งดออกเสียง / Abstain  การแต่งตั้งกรรมการเป็นรายบุคคล To elect each Director individually 1) ชื่อกรรมการ (Name) นายวิเชฐ ตันติวานิช ( Mr. Vichate Tantiwanich )  เห็นด้วย / Approve  ไม่เห็นด้วย / Disapprove  งดออกเสียง / Abstain 2) ชื่อกรรมการ (Name) นายปรีชญา รัศมีธานินทร์ (Mr. Preechaya Rasametanin)  เห็นด้วย / Approve  ไม่เห็นด้วย / Disapprove  งดออกเสียง / Abstain 3) ชื่อกรรมการ (Name) นายไพรัชล์ พรพัฒนนางกูร (Mr.

Phairat Pornpathananangoon)  เห็นด้วย / Approve  ไม่เห็นด้วย / Disapprove  งดออกเสียง / Abstain วาระที่ 8 พิจารณาอนุมัติกาหนดค่าตอบแทนกรรมการประจาปี 2561 Agenda 8 To consider and approve the remuneration of the Company’s Board of Directors for 2018  (ก) ให้ผู้รับมอบฉันทะมีสิทธิพิจารณาและลงมติแทนข้าพเจ้าได้ทุกประการตามที่เห็นสมค วร The Proxy is entitled to consider and vote on my/our behalf as deem appropriate.  (ข) ให้ผู้รับมอบฉันทะออกเสียงลงคะแนนตามความประสงค์ของข้าพเจ้า ดังนี้ The Proxy shall vote in accordance with my/our intention as follows:  เห็นด้วย / Approve  ไม่เห็นด้วย / Disapprove  งดออกเสียง / Abstain วาระที่ 9 พิจารณาเรื่องอื่นๆ (ถ้ามี) Agenda 9 Other matters (if any)  (ก) ให้ผู้รับมอบฉันทะมีสิทธิพิจารณาและลงมติแทนข้าพเจ้าได้ทุกประการตามที่เห็นสมค วร The Proxy is entitled to consider and vote on my/our behalf as deem appropriate.

 (ข) ให้ผู้รับมอบฉันทะออกเสียงลงคะแนนตามความประสงค์ของข้าพเจ้า ดังนี้ The Proxy shall vote in accordance with my/our intention as follows:  เห็นด้วย / Approve  ไม่เห็นด้วย / Disapprove  งดออกเสียง / Abstain

(5) คาแถลงหรือเอกสารหลักฐานอื่น ๆ (ถ้ามี) ของผู้รับมอบฉันทะ _ _ Other statements or evidences (if any) of the Proxy (6) การลงคะแนนเสียงของผู้รับมอบฉันทะในวาระใดที่ไม่เป็นไปตามที่ระบุไว้ในหนังสือม อบฉันทะนี้ให้ถือว่าการลงคะแนนเสียงนั้นไม่ถูกต้อง และไม่ใช่เป็นการลงคะแนนเสียงของข้าพเจ้าในฐานะผู้ถือหุ้น Vote of the Proxy in any Agenda which is not in accordance with this Form of Proxy shall be invalid and shall not be the vote of the Shareholder. (7) ในกรณีที่ข้าพเจ้าไม่ได้ระบุความประสงค์ในการออกเสียงลงคะแนนในวาระใดไว้ หรือระบุไว้ไม่ชัดเจน หรือในกรณีที่ที่ประชุมมีการพิจารณา หรือลงมติในเรื่องใดนอกเหนือจากเรื่องที่ระบุไว้ข้างต้น รวมถึงกรณีที่มีการแก้ไขเปลี่ยนแปลงหรือเพิ่มเติมข้อเท็จจริงประการใด ให้ผู้รับมอบฉันทะมีสิทธิ พิจารณาและลงมติแทนข้าพเจ้าได้ทุกประการตามที่เห็นสมควร In case I/We do not specify the authorization or the authorization is unclear, or if the Meeting considers or resolves any matter other than those stated above, or if there is any change or amendment to any fact, the Proxy shall be authorized to consider and vote the matter on my/our behalf as the Proxy deems appropriate.

กิจการใดที่ผู้รับมอบฉันทะได้กระทาไปในการประชุม เว้นแต่กรณีที่ผู้รับมอบฉันทะไม่ออกเสียงตามที่ข้าพเจ้าระบุในหนังสือมอบฉันทะใ ห้ถือ เสมือนว่าข้าพเจ้าได้กระทาเองทุกประการ For any act performed by the Proxy at the Meeting, it shall be deemed as such acts had been done by me/us in all respects except for vote of theProxy which isnot inaccordance with thisProxy Form. ลงชื่อ/Signature _ ผู้มอบฉันทะ/Proxy Grantor ( ) ลงชื่อ/Signature _ ผู้รับมอบฉันทะ/Proxy Holder ( ) ลงชื่อ/Signature _ ผู้รับมอบฉันทะ/Proxy Holder ( ) ลงชื่อ/Signature _ ผู้รับมอบฉันทะ/Proxy Holder ( ) หมายเหตุ/ Remark 1. ผู้ถือหุ้นที่มอบฉันทะ จะต้องมอบฉันทะให้ผู้รับมอบฉันทะเพียงรายเดียวเป็นผู้เข้าประชุมและออกเสียงลงค ะแนนไม่สามารถแบ่งแยกจานวนหุ้นให้ ผู้รับมอบฉันทะหลายคนเพื่อแยกการลงคะแนนเสียงได้ The Shareholder appointing the Proxy must authorize only one Proxy to attend and vote at the Meeting and shall not allocate the number of shares to several proxies to vote separately.

2. ผู้ถือหุ้นจะมอบฉันทะเท่ากับจานวนหุ้นที่ระบุไว้ในข้อ (2) โดยไม่สามารถจะมอบฉันทะเพียงบางส่วนน้อยกว่าจานวนที่ระบุไว้ในข้อ (2) ได้ เว้นแต่กรณีผู้รับมอบฉันทะตามแบบ ค. The Shareholder may grant the power to the Proxy for all of the shares specified in Clause (2) and may not grant only a portion of the shares less than those specified in Clause (2) to the Proxy except the Proxy as form C. 3. กรณีหากมีข้อกาหนดหรือข้อบังคับใดกาหนดให้ผู้รับมอบฉันทะต้องแถลงหรือแสดงเอกสา รหลักฐานอื่นใด เช่น กรณีผู้รับมอบฉันทะเป็นผู้มี ส่วนได้เสียในกิจการเรื่องใดที่ได้เข้าร่วมประชุมและออกเสียงลงคะแนน ก็สามารถแถลงหรือแสดงเอกสารหลักฐานโดยระบุไว้ในข้อ (5) If there is any rule or regulation requiring the Proxy to make any statement or provide any evidence, such as the case that the Proxy has interest in any matter which he/she attends and votes at the Meeting, he/she may mark the statement or provide evidence by specifying in Clause (5).

4. วาระเลือกตั้งกรรมการสามารถเลือกตั้งกรรมการทั้งชุดหรือเลือกตั้งกรรมการเป็นรา ยบุคคล In the agenda relating the election of Directors, it is applicable to elect either Directors as a whole or elect each Director individually. 5. ในกรณีที่มีวาระที่จะพิจารณาในการประชุมมากกว่าวาระที่ระบุไว้ข้างต้น ผู้มอบฉันทะสามารถระบุเพิ่มเติมได้ในใบประจาต่อแบบหนังสือ มอบฉันทะแบบ ข. ตามแนบ In case there are agendas other than those specified above, the additional statement can be specified by the Shareholder in the Regular Continued Proxy Form B as enclosed.

ใบประจาต่อแบบหนังสือมอบฉันทะ แบบ ข Attachment to Proxy Form B การมอบฉันทะในฐานะเป็นผู้ถือหุ้นของบริษัท เอเชีย เอวิเอชั่น จากัด (มหาชน) Granting of power to a proxy as a shareholder of Asia Aviation Public Company Limited in respect of ในการประชุมสามัญผู้ถือหุ้นประจาปี 2561 ในวันอังคารที่ 24 เมษายน 2561 เวลา 14.00 น.

ณ ห้องดอนเมืองบอลรูม โรงแรมอมารี ดอนเมือง แอร์พอร์ตกรุงเทพฯ เลขที่ 333 ถนนเชิดวุฒากาศ กรุงเทพมหานคร หรือที่จะพึงเลื่อนไปในวัน เวลา และสถานที่อื่นด้วย The 2018 Annual General Meeting of Shareholders on Tuesday, April 24, 2018, 14.00 hours at Don Muang Ballroom, Lobby level, Amari Don Muang Airport Bangkok, 333 ChertWudthakas Road, Bangkok or on such other date and at such other place as may be adjourned or changed.

- - วาระท _ เรื่อง Agenda Subject:  (ก) ให้ผู้รับมอบฉันทะมีสิทธิพิจารณาและลงมติแทนข้าพเจ้าได้ทุกประการตามที่เห็นสมค วร The Proxy is entitled to consider and vote on my/our behalf as deem appropriate.  (ข) ให้ผู้รับมอบฉันทะออกเสียงลงคะแนนตามความประสงค์ของข้าพเจ้า ดังนี้ The Proxy shall vote in accordance with my/our intention as follows:  เห็นด้วย / Approve  ไม่เห็นด้วย / Disapprove  งดออกเสียง / Abstain วาระท _ เรื่อง Agenda Subject:  (ก) ให้ผู้รับมอบฉันทะมีสิทธิพิจารณาและลงมติแทนข้าพเจ้าได้ทุกประการตามที่เห็นสมค วร The Proxy is entitled to consider and vote on my/our behalf as deem appropriate.

 (ข) ให้ผู้รับมอบฉันทะออกเสียงลงคะแนนตามความประสงค์ของข้าพเจ้า ดังนี้ The Proxy shall vote in accordance with my/our intention as follows:  เห็นด้วย / Approve  ไม่เห็นด้วย / Disapprove  งดออกเสียง / Abstain วาระท _ เรื่อง Agenda Subject:  (ก) ให้ผู้รับมอบฉันทะมีสิทธิพิจารณาและลงมติแทนข้าพเจ้าได้ทุกประการตามที่เห็นสมค วร The Proxy is entitled to consider and vote on my/our behalf as deem appropriate.  (ข) ให้ผู้รับมอบฉันทะออกเสียงลงคะแนนตามความประสงค์ของข้าพเจ้า ดังนี้ The Proxy shall vote in accordance with my/our intention as follows:  เห็นด้วย / Approve  ไม่เห็นด้วย / Disapprove  งดออกเสียง / Abstain วาระท _ เรื่อง Agenda Subject:  (ก) ให้ผู้รับมอบฉันทะมีสิทธิพิจารณาและลงมติแทนข้าพเจ้าได้ทุกประการตามที่เห็นสมค วร The Proxy is entitled to consider and vote on my/our behalf as deem appropriate.

 (ข) ให้ผู้รับมอบฉันทะออกเสียงลงคะแนนตามความประสงค์ของข้าพเจ้า ดังนี้ The Proxy shall vote in accordance with my/our intention as follows:  เห็นด้วย / Approve  ไม่เห็นด้วย / Disapprove  งดออกเสียง / Abstain

วาระที่ เรื่อง _ _ เลือกตั้งกรรมการ _ _ Agenda Subject: Election of Directors _ _ 1) ชื่อกรรมการ (Name _ _  เห็นด้วย / Approve  ไม่เห็นด้วย / Disapprove  งดออกเสียง / Abstain 2) ชื่อกรรมการ (Name _ _  เห็นด้วย / Approve  ไม่เห็นด้วย / Disapprove  งดออกเสียง / Abstain 3) ชื่อกรรมการ (Name _ _  เห็นด้วย / Approve  ไม่เห็นด้วย / Disapprove  งดออกเสียง / Abstain 4) ชื่อกรรมการ (Name _ _  เห็นด้วย / Approve  ไม่เห็นด้วย / Disapprove  งดออกเสียง / Abstain 5) ชื่อกรรมการ (Name _ _  เห็นด้วย / Approve  ไม่เห็นด้วย / Disapprove  งดออกเสียง / Abstain วาระท _ เรื่อง Agenda Subject:  (ก) ให้ผู้รับมอบฉันทะมีสิทธิพิจารณาและลงมติแทนข้าพเจ้าได้ทุกประการตามที่เห็นสมค วร The Proxy is entitled to consider and vote on my/our behalf as deem appropriate.

 (ข) ให้ผู้รับมอบฉันทะออกเสียงลงคะแนนตามความประสงค์ของข้าพเจ้า ดังนี้ The Proxy shall vote in accordance with my/our intention as follows:  เห็นด้วย / Approve  ไม่เห็นด้วย / Disapprove  งดออกเสียง / Abstain ข้าพเจ้าขอรับรองว่า รายการในใบประจาต่อหนังสือมอบฉันทะถูกต้องบริบูรณ์และเป็นความจริงทุกประการ I/We certify that the statements in this Supplemental Proxy Form are correct, complete and true in all respects. ลงชื่อ/Signature _ ผู้มอบฉันทะ/Proxy Grantor ( ) ลงชื่อ/Signature _ ผู้รับมอบฉันทะ/Proxy Holder ( ) ลงชื่อ/Signature _ ผู้รับมอบฉันทะ/Proxy Holder ( ) ลงชื่อ/Signature _ ผู้รับมอบฉันทะ/Proxy Holder ( )

DON MUANG AIRPORT DOMESTIC TERMINAL TERMINAL 1 TERMINAL 2 BUS STOP AMARI PARKING LOT GOVERNMENT SAVING BANK MARKET DON MUANG DISTRICT OFFICE WAT DON MUANG U-TURN DON MUANG RAILWAY STATION SONGPRAPHA ROAD VIBHAVADEE RANGSIT ROAD TO BANGKOK CHERTWUDTHAKAS ROAD P Attachment 9

ASIA AVIATION PUBLIC COMPANY LIMITED 222, Don Mueang International Airport, 3rd Fl., Central Office Bldg., Room no. 3200, Vibhavadee Rangsit Road, Don Mueang, Bangkok Tel: 02-562-5700 Fax: 02-562-5705 www.aavplc.com

You can also read