Thaw shrimp using the package directions
Set up a breading station by placing the beaten egg in a bowl and in another bowl mix the panko and coconut together
Bread the shrimp by dipping it into the egg then the panko and coconut mixture
Place on a plate until you have breaded all your shrimp
Once you have all the shrimp breaded spray with oil and place in the air fryer at 400 for 6-8 minutes
Once the coconut starts to brown (around the 4-minute mark) flip the shrimp over and reduce the temp to 380 and continue to cook until this side is browned
Please note if the coconut starts to brown too much drop the temperature of your air fryer to 350 for the remainder of the cook time
Make the dipping sauce by combining the thai chili sauce and mayo
Serve the coconut shrimp with the dipping sauce and enjoy!