bring independent and objective judgment to the Board deliberations. Based on the 2023 Board Evaluation Assessment results, the Board demonstrated solid performance across various effectiveness indicators, including Corporate Strategy & Direction Setting, Board Governance & Oversight, Board Composition, Boardroom Conduct & Dynamics and Board Management & Operations. Peer assessments further underscored the Directors’ performance indicating that each Director was generally effective in dispensing his/her responsibilities. The BNRC and Board also considered the Board Evaluation Assessment including the Self and Peer Assessment results of Ong Ai Lin, Dato’ Roslina binti Zainal, Muazzam bin Mohamad and Selvendran Katheerayson and agreed that they have met the Board’s expectation in terms of experience, expertise, integrity, competency, commitment and individual contribution by continuously performing their duties diligently as Company Directors. Based on the BoardEvaluation Assessment, the retiring Directors who are standing for re-election have fulfilled the fit and proper assessment that comprises character & integrity, experience & competence and time & commitment. The Board on 14 December 2023 approved, with the concurrence of Minister of Finance (Incorporated) (MoF Inc.), the Special Shareholder of TNB, the appointment of Datuk Ir. Megat Jalaluddin bin Megat Hassan as President/Chief Executive Officer, Non-Independent Executive Director with effect from 1 March 2024. Prior to that the Board on 26 June 2023 and 25 August 2023 respectively, approved the appointment of Muazzam bin Mohamad as Non-Independent Non-Executive Director, representing Permodalan Nasional Berhad (PNB) with effect from 1 July 2023 and the appointment of Selvendran Katheerayson as Non-Independent Non-Executive Director, representing Khazanah Nasional Berhad (Khazanah) with effect from 1 September 2023. The Board on 27 February 2024 approved the appointment of Ramzi bin Mansor with the concurrence of MoF Inc. as Non-Independent Non-Executive