and revising corporate strategy and sustainability targets,and for informed decision-making at business entities. The SETC ensures that the Group’s sustainability strategies, initiatives and performance are disclosed in a balanced, transparent and credible manner that meets stakeholders’ needs and expectations. Business Entities Business Entities identify and implement sustainability and energy transition initiatives, supported by data, to advance the achievement of sustainability strategies and ESG goals and manage related risks and opportunities. Chief Sustainability Officer Sustainability Division Sustainability Division facilitates sustainability governance and ensures systematic compliance, credible assurance and balanced sustainability disclosures. Led by the Chief Sustainability Officer, it orchestrates the execution of sustainability initiatives, establishes impactful content and supports the digitalisation of sustainability indicators at scale. SUSTAINABILITY STATEMENT Sec 3 59 SUSTAINABILITY GOVERNANCE The SETC, led by the President/Chief ExecutiveOfficer (CEO), continues to play its role in steering the development of sustainability and energy transition strategies and policies, and its implementation as well as providing oversight and input on opportunities and risk exposures. In addition to TNB T op Management, who are SETC members, selected future leaders are also active members to ensure the long-term continuity of our sustainability and energy transition agenda. The key functions of the SETC are: • Define sustainability targets and commitments that align with and support the overarching TNB business strategy. • Shape energy transition outcomes that foster growth, create value, and proactively address sustainability challenges, including climate-related risks. • Deliberate prioritised initiatives based on the TNB Materiality Matrix and Sustainability Deployment Blueprint and endorse the allocation and utilisation of resources. • Steer sustainability performance and progress against target. •