Integrated Reporting Council’s <IR> Framework. In addition, this Report complies with and is guided by the following: • the Companies Act 2016; • the Main Market Listing Requirements of Bursa Malaysia Securities Berhad (MMLR); • the Malaysian Code on Corporate Governance 2021 (MCCG); • the Corporate Governance Guide (4th Edition) issued by Bursa Malaysia; • the Malaysian Financial Reporting Standards (MFRS); and • the International Financial Reporting Standards (IFRS). For more information about our materiality assessment, please turn to page 60 of this Report. Aligned with our strategic goals, we are committed to using capitals and resources effectively in our value creation efforts to benefit our intended stakeholders. We carefully balance our limited resources, weighing the options for their optimal use or preservation. Below, we outline how we deployour capitals: WE ARE TNB Sec 1 3 SCOPE AND BOUNDARY The scope of this Report applies to TNB and all its subsidiaries (the Group). It covers all material factors that reflect the Company’s overall performance and business viability, including quantitative and qualitative data, reported as at 31 December 2023, unless stated otherwise. FORWARD-LOOKING STATEMENTS Our Integrated Annual Report includes forward-looking statements regarding the future performance of TNB. These projections are based on current assumptions and conditions at the time this Report is published. However, it is important to note that actual outcomes may significantly vary from these predictions due to uncertainties and changes in the operating environment. TARGETED READERS This Report is primarily directed towards our shareholders and investors, emphasising information that is most relevant to them. However, other stakeholders will also find the Report beneficial as it offers a comprehensive overview of our sustainable business practices and the processes through which we create value. MANAGEMENT DISCUSSION & ANALYSIS Although we have not included a Management Discussion & Analysis (MD&A) in