and relevant Corporate Governance reports Board Processes Review Desktop analysis and assessment of Board composition (social and professional diversity) and setup (structure & composition) benchmarked against peer group Diversity and Board Composition Review Board members complete an online assessment of individual professional styles; also to help assess balance of profiles across the full Board Stewardship Style Assessment Completion of Board and management questionnaire Board Assessment Questionnaire Presentation to the BNRC and Board with key findings on strengths and gaps - with potential suggestion for enhancement Action Planning Workshop This year’s process TENAGA NASIONAL BERHAD Integrated Annual Report 2023 162 TNB places a strong emphasis on a performance-driven culture, where the remuneration policy aims to compensate competitively for sustained performance, aligning with shareholders’ interests. The Company, in adherence to Practice8.2 of the MCCG, opts not to disclose specific components of T op Management’s remuneration, citing potential disadvantages to the Company’s business interests. Further details can be found in the Corporate Governance Report. NON-EXECUTIVE DIRECTORS’ REMUNERATION Non-Executive Directors receive compensation in the form of fixed monthly fees, meeting allowances and benefits-in-kind, covering items such as the reimbursement of utilities bills and business peripherals. The remuneration for Non-Executive Directors is calibrated to address the current challenging landscape in fulfilling their fiduciary duties, roles, and responsibilities. The remuneration structure takes into account the intricacies of the Company’s operations and the industry at large. Notably, the remuneration and benefits for Non-Executive Directors have remained consistent since 2013. The Board in 2023 had engaged an independent expert to conduct a holistic and independent review of the Non-Executive Directors’ Remuneration with the view to determine its market competitiveness and alignment with the latest