Group Risk Management Working Committee (GRMWC). Risk Review Guide Structured risk review methodology Risk Report Guide Structured and standardised risk reporting template Key Risk Indicator Guide Structured and standardised methodology to identify, monitor and report KRIs Four Risk Management Guides TNB Risk Management Framework Document Structuredandconsistentapproachto riskmanagement TNB Risk Management Policy StatementdeclaringTNB’scommitmentand approachtoriskmanagement VALUE CREATION & PROTECTION Leadership & Commitment Culture Business Strategy Communication Integration Risk Assessment Review, Monitor & Report TNB Risk Assessment Process Guide Structured and standardised risk assessment methodology CREATING VALUE THROUGH STRONG GOVERNANCE Sec 4 185 STATEMENT ON RISK MANAGEMENT AND INTERNAL CONTROL Risk Management Policy The TNB Risk Management Policy is a statement of the overall intention and direction of the Group on risk management. It describes the commitment of the Group to assessrisks in alignment to business objectives, integrating risk management in all decision-making processes, anticipating potential risks while identifying opportunities in response to changes in the internal and external environments and ensuring that risk information is communicated through a clear and robust monitoring and reporting structure. The policy emphasises on the role of all TNB employees, who are responsible and accountable to manage risks by taking all reasonable care to minimise loss, maximise opportunity and ensure TNB’s reputation is upheld. Leadership and Commitment The TNB Risk Management Structure depicts the leadership and commitment of Board and Management in the escalation and cascading of risk information across all levels. Since its establishment on June 5, 2013, the Board Risk Committee (BRC) reaffirms the Board’s commitment to ensure that the Group has in place a robust risk management framework and that such framework has been effectively implemented to enhance the Group’s ability to achieve its