until the next AGM of the Company. (iii) Ordinary Resolution 19 on the payment of Non-Executive Director’s fee to Muazzam bin Mohamad, from the date of his appointment on 1 July 2023 until the 34th AGM of the Company. NOTICE OF THE 34TH ANNUAL GENERAL MEETING TENAGA NASIONAL BERHAD Integrated Annual Report 2023 378 The last increment of the Non-Executive Directors remuneration/benefits payable was made in 2013. The Board in 2023 engaged an independent expert to undertake the Non-Executive Directors’ Remuneration Benchmarking exercise. Based on the findings, the structure of Non-Executive Directors’ remuneration (including benefits) was generally aligned with the market practice and the Board/BNRC agreed to retain the existing Non-Executive Directors’ remuneration and it is to be reviewed in three (3) years’ time. For the proposed Ordinary Resolution19, as Muazzam bin Mohamad, Non-Independent Non-Executive Director was appointed with effect from 1 July 2023 of which after the 33rd AGM of the Company, therefore, the approval of the payment of Director’s fee since his appointment until the 34th AGM shall be sought at this AGM. The proposed Ordinary Resolutions 8 to 18 for the payment of Directors’ fees and benefits payable to the Non-Executive Directors of the Company from the 34th AGM until the conclusion of the next AGM are tabled herewith in line with the provision of the Act and Guidance 7.2 of the Malaysian Code on Corporate Governance 2021 to ensure full disclosure. The Non-Executive Directors remuneration policy of TNB and its subsidiaries is as follows: Description TNB Board TNB Subsidiaries Chairman Non- Executive Directors Chairman Non-Executive Directors** Monthly fixed fees RM30,000 per month RM20,000 per month Category I - RM20,000 Category II - RM7,000 Category III - RM5,000 Category I - RM15,000 Category II - RM5,000 Category III - RM3,000 *Meeting Allowances (per meeting): (i) Board RM2,500 RM2,000 Category I - RM2,000 Category II & III - RM1,500 Category I - RM1,500 Category II & III - RM1,000 (ii)