Kuala Lumpur, 26th February 2026: Capital A Berhad reported its unaudited financial results for the fourth quarter ended 31 December 2025 (“4Q2025”) as well as the full financial year 2025 (“FY2025”).Following the disposal of the aviation business to AirAsia X Berhad, the Group now comprises five core businesses—ADE, Teleport, AirAsia MOVE, Santan and AirAsia Next. Accordingly, this quarter’s results reflect aviation performance only up to 3 December 2025—the divestment completion date—covering approximately two months for 4Q2025 and 11 months for FY2025. On a pre-elimination basis, the Capital A Companies generated RM1.06 billion in revenue in 4Q2025, surging 16% Year-on-Year (“YoY”). Margins proved resilient, with EBITDA rising in tandem with revenue by 7% YoY to RM111 million and Net Operating Profit (“NOP”) declined 12% YoY to RM45 million, due to lower interest income. However, interest expense was almost halved from a year ago. Profit After Tax (“PAT”) came in at RM9.82 billion, due to the large one-off gain relating to the disposal of aviation assets. For FY2025, revenue was RM3.39 billion, for an EBITDA of RM443 million and NOP of RM171 million. Highlights of the AirAsia Aviation Group With the disposal of the aviation business now completed, the Group will no longer present highlights for AirAsia Aviation Group from this quarter onwards. Highlights of Capital A Companies ADE Revenue for the quarter was RM247 million, up 31% YoY and 11% Quarter-on-Quarter (“QoQ”)—ADE’s best quarterly growth yet. This was driven by 51% YoY higher revenue from base maintenance, while line maintenance revenue rose 18% YoY on a greater number of flights handled. Growth was supported by expanding work for third-party airlines such as Air France, secured in the preceding quarter, reflecting growing recognition of ADE’s technical capabilities. EBITDA surged 79% YoY to RM55 million, with margins holding steady at 23%. Higher consumables tracked hangar capacity and activity expansion, offset by lower staff costs from operational optimisation initiatives. NOP and PAT margins came in at 11% and 14% respectively, supported by strong topline growth, favourable forex during the period and lower interest expenses following principal repayments. For FY2025, revenue reached a new high of nearly RM895 million, with EBITDA of RM205 million and RM93 million NOP, reflecting scale benefits and improved financial efficiency. CEO of ADE Mahesh Kumar on the business outlook: “ADE is entering its next phase of growth from a position of strength. We are finalising a USD100 million debt facility to strengthen our capital base and accelerate expansion beyond Malaysia into Thailand, the Philippines and Bahrain—anchored to AirAsia’s Middle East hub and opening access to Europe. In addition to scale, we are also building depth. As part of our workshop expansion, we are progressively enhancing component and engine-related expertise to capture higher-value work in the maintenance cycle. And with our training centre set to commence operations soon, we are also building the talent pipeline needed to sustain growth and position ADE as a leading regional MRO platform.” AirAsia MOVE Driven by the launch of the B2B business—which contributed approximately 55% of revenue—as well as continued personalisation initiatives, revenue in 4Q2025 tripled QoQ and nearly doubled YoY to RM300 million. Margins remained resilient, supported by minimal marketing spend under AirAsia MOVE’s unique social-led acquisition model, delivering an EBITDA of RM45 million and NOP of RM40 million. NOP margin also saw a significant 6ppts QoQ uptick due to lower interest expense. Excluding B2B, Flights transactions climbed 12% QoQ, while Gross Booking Value (“GBV”) rose 28% QoQ on higher average spend. Performance was underpinned by a market-leading ancillary strategy with attach rates 23% higher than peer OTAs. Flights also secured two major partnerships with VietJet and IndiGo to further diversify its portfolio. Stays continued to gain traction, with conversion improving to 2.3% from 1.9% a year ago, pushing transactions up 2% and growing GBV 18% YoY. Duty Free outperformed, with GBV increasing 157% YoY following the commencement of operations in the Philippines and Indonesia. For FY2025, revenue exceeded RM641 million, with an EBITDA of RM84 million and RM65 million in NOP, resulting in PAT of over RM54 million and reinforcing AirAsia MOVE’s return to sustained profitability. CEO of AirAsia MOVE Nadia Zahir Omer on the business outlook: “This year, we will double down on content to drive user acquisition and conversion. By leveraging user-generated content and deeper community engagement, we aim to attract higher-intent users while optimising marketing spend. This will be enabled by continued investment in technology, including the development of our virtual concierge, to enhance the booking experience, thereby improving retention and lifting NPS. At the same time, we will pursue greater Stays growth by leveraging our flight-anchored flywheel, deepening hotel partnerships and launching more personalised bundles to increase attach rates and customer lifetime value.” Teleport Teleport closed 2025 strong with record operational performance in 4Q2025. The company moved its highest volume of 102,688 tonnes (+19% YoY) and 63 million parcels (+165% YoY) with a new daily peak record of 974,000 parcels. This drove revenue growth to RM367 mil in Q4 2025 +10% YoY despite a 4% decline in Asia-Pacific market yield. Profitability momentum continued in 4Q2025, with Teleport recording a NOP of RM5.2 million (+RM7.5 mil YoY). For FY2025, Teleport achieved its highest-ever total volume of 347,885 tonnes (+18% YoY) and 167 million total parcels moved (+99% YoY), driving total revenue to RM1.2 billion (+11% YoY). This growth validates Teleport’s unique asset-light model of combining passenger and freighter capacity of third-party airlines, AirAsia belly space and Teleport freighters to meet growing market demands for eCommerce. Furthermore, this strong finish contributed to a full-year NOP of RM18.6 million, a RM40 million turnaround from a RM21 million net loss in FY2024. Teleport’s return to profitability at all levels was driven by strict cost and margin discipline, as well as a reduction in finance costs following the successful refinancing of the Deutsche Bank loan in 3Q2025. CEO of Teleport Pete Chareonwongsak on the business outlook: “Returning to profitability in 2025 is a testament to our team’s discipline, the trust our partners place