THE YEAR 2023 Share Price (RM) KLCI Index 10.50 9.50 8.50 7.50 1,650.0 1,600.0 1,450.0 1,500.0 1,550.0 1,400.0 1,350.0 1,300.0 1,200.0 1,250.0 Jan 23 Feb 23 Mar 23 Apr 23 May 23 Jun 23 Jul 23 Aug 23 Sep 23 Oct 23 Nov 23 Dec 23 Note: AB = Analyst Briefing Results Announcement KLCI TNB Share Price 28 Nov 2023 AB 3QFY2023 Closing Share Price: RM9.89 31 May 2023 AB 1QFY2023 Closing Share Price: RM9.51 4 Sep 2023 AB 2QFY2023 Closing Share Price: RM9.90 12 Sep 2023 Announcement made to Bursa on interim dividend payment FY2023 Closing Share Price: RM9.84 28 Feb 2023 AB 4QFY2023 Closing Share Price: RM9.37 15 Mar 2023 Announcement made to Bursa on final dividend payment FY2022 Closing Share Price: RM9.42 INTEGRITY IN CORPORATE REPORTINGAND MEANINGFUL RELATIONSHIP WITH STAKEHOLDERS TENAGA NASIONAL BERHAD Integrated Annual Report 2023 180 INTEGRITYINCORPORATEREPORTINGAND MEANINGFULRELATIONSHIPWITHSTAKEHOLDERS Jan 23 Feb 23 Mar 23 Apr 23 May 23 Jun 23 Jul 23 Aug 23 Sep 23 Oct 23 Nov 23 Dec 23 Volume 31 21 26 6 16 11 1 Volume (million) RELATIONSHIP WITH EXTERNAL AUDITORS The Board maintains an open and professional association with External Auditors, and the BAC is entrusted with recommending their appointment or removal, approving their remuneration, and establishing the terms of engagement for Board approval. Responsibilities of the Board and BAC include reviewing, assessing, and monitoring the performance, suitability, and independence of External Auditors. A comprehensive policy outlines guidelines and procedures for the assessment and monitoring processes, covering aspects such as Selection and Appointment, Independence, Conflict of Interest, Non-Audit Services, Rotation of Audit Partner, Annual Reporting, Annual Assessment and Audit Fees. The appointed Audit Partner undergoes rotation at least every five (5) Financial Years, with a mandated two (2) year gap before returning as the Audit Partner for the engagement. While External Auditors may be engaged for non-audit services, their objectivity, judgment and