state that, in the opinion of the Directors, the financial statements set out on pages 202 to 362 are drawn up so as to give a true and fair view of the financial position of the Group and of the Company as at 31 December 2023 and financial performance of the Group and of the Company for the financial year ended 31 December 2023 in accordance with Malaysian Financial Reporting Standards, International Financial Reporting Standards and the requirements of the Companies Act 2016 in Malaysia. Signed on behalf of the Board of Directors, in accordance with a resolution dated 19 March 2024. DATO’ ABDUL RAZAK BIN ABDUL MAJID DATUK IR. MEGAT JALALUDDIN BIN MEGAT HASSAN CHAIRMAN PRESIDENT/CHIEF EXECUTIVE OFFICER I, Nazmi bin Othman, the Officer primarily responsible for thefinancial management of Tenaga Nasional Berhad, do solemnly and sincerely declare that the financial statements set out on pages 202 to 362 are, in my opinion, correct and I make this solemn declaration conscientiously believing the same to be true, and by virtue of the provisions of the Statutory Declarations Act, 1960. NAZMI BIN OTHMAN MIA MEMBERSHIP NO. 6747 Subscribed and solemnly declared by the abovenamed Nazmi bin Othman at Kuala Lumpur, Malaysia on 19 March 2024, before me. COMMISSIONER FOR OATHS TENAGA NASIONAL BERHAD Integrated Annual Report 2023 364 REPORT ON THE AUDIT OF THE FINANCIAL STATEMENTS Our opinion In our opinion, the financial statements of Tenaga Nasional Berhad (“the Company”) and its subsidiaries (“the Group”) give a true and fair view of the financial position of the Group and of the Company as at 31 December 2023, and of their financial performance and their cash flows for the financial year then ended in accordance with Malaysian Financial Reporting Standards, International Financial Reporting Standards and the requirements of the Companies Act 2016 in Malaysia. What we have audited We have audited the financial statements of the Group and of the Company, which comprise the statements of financial position as at 31 December