adequacy and effectiveness of governance, risk management, and internal control system based on the findings and outcome of audits conducted and reported by Group Internal Audit Department (GIA) during the year. The audit findings were presented and deliberated in BAC meetings and where relevant, BAC requested Management to rectify the weaknesses based on recommendations provided by GIA. GIA’s areas of coverage for FY2023 are summarised in the Statement of Internal Audit Function. ii. Deliberated the outcome of review performed bi-annually by GIA on TNB’s Integrity and Governance Unit (IGU) Report prior to submission to Malaysian Anti-Corruption Commission. iii. Approved the appointment of independent advisor for review of TNB’s Whistle Blowing Management System. iv. Reviewed TNB’s quarterly State of Internal Controls (SOIC) on the adequacy, effectiveness, and reliability of internalcontrol system based on the overall risks/areas covered and issues reported by GIA and subsidiaries’ internal audit function, as well as the status of corrective actions implemented by Management. v. BAC took note of TNB’s FY2022 Integrated Assurance Report for GIA and other assurance providers i.e. subsidiaries’ internal audit functions, compliance function in divisions, Health, Safety and Environment Department, and Risk Management Department, which was intended to demonstrate the organisation’s risk coverage, and help identify gaps and overlaps. Additionally, the report shows the overall governance and state of internal controls in TNB based on reviews performed by the various assurance providers. vi. Approved GIA’s Annual Audit Plan and the methodology applied in formulating a risk-based audit plan to ensure adequacy of audit scope and comprehensive coverage of the Group’s activities. The BAC also took cognisance of the resource and budgetary requirements for successful execution of the audit plan. BOARD AUDIT COMMITTEE REPORT CREATING VALUE THROUGH STRONG GOVERNANCE Sec 4 169 ii. In evaluating the suitability, objectivity, and