particularly through the wider adoption and greater functionality of the award-winning myTNB app. myTNB currently has over has 6.7 million subscribers with features aimed at promoting customer empowerment and sustainable practices. The features we have introduced continue to delight our customers and as proof of its user-friendliness and relevance, it was recognised by a leading technology publication, PC.com for being the Best Public Utility App in 2023. In 2023, we continue to see our Malaysian government’s steadfast support for the Incentive Based Regulation (IBR) framework, which has been governing our electricity sector since 2014. We recovered about RM16 billion of fuel costs via the Imbalance Cost Pass-Through (ICPT) mechanism, which helped improve our financial liquidity. As a key enabler of Malaysia’s ET journey, TNB has been an active participantat global meetings such as COP28 and organising our own Energy Transition Conference. The government’s bullish stance on the ET is evident with the multitude of supportive policy announcements and blueprints launched over the past two years, including the Low Carbon Mobility Blueprint 2021-2030, National Energy Policy 2022-2040, Malaysia Digital Economy Blueprint 2021-2030, New Industrial Master Plan 2030, the Malaysian Energy Transition Outlook and the NETR. This is in addition to the enhancement of existing programmes such as increased quotas for the Corporate DRIVE REGULATORY EVOLUTION Green Power Programme (CGPP) and the Net Energy Metering (NEM) scheme. TNB has collaborated with relevant stakeholders to drive the ET journey. For instance, we collaborate with the Zero Emissions Vehicle Association (ZEVA) which actively advocates for the development of related legislation, policies, and standards for electric vehicles (EVs). Furthermore, we continue to be involved in the MyPOWER-led MESI (Malaysian Electricity Supply Industry) study, ensuring that we are contributing to a future-proof MESI, capable of addressing the challenges of decarbonisation while