the continuity of essential activities. Annual BCM drills across business entities, in collaboration with external stakeholders such as Agensi Bencana Negara Malaysia (NADMA) and Majlis Keselamatan Negara (MKN), are conducted to test our crisis response’s effectiveness. For example, in 2023, specific business continuity plans were implemented that ensured continuous and reliable supply of electricity during the state elections and the Ensuring Reliable Supply For the country’s economic growth and to address socioeconomic challenges towards becoming a developed nation, the Incentive-Based Regulation (IBR) model continues to be upheld together with the regulator, ensuring fair and transparent tariff determination. Langkawi International Maritime and Aerospace Exhibition (LIMA). Our BCM was also tested during the monsoon season to ensure public safety and protect our assets for safe and prompt restoration of electricity supply.In balancing the energy trilemma in the country, the Generation Development Plan has been developed based on the guiding principle of optimum fuel mix to ensure optimum power security by providing adequate diversification of fuel and resources. TNB’s varied generation fuel mix decreases the risk of dependency on a single fuel source and increases energy supply reliability. We work closely with the Ministry of Energy Transition and Water Transformation (PETRA) and the Energy Commission in developing the Peninsular Malaysia Generation Development Plan. Through the Planning and Implementation Committee for Electricity Supply and Tariff, an optimised generation fuel mix for Peninsular Malaysia is determined for secure, affordable and sustainable electricity supply. MANAGEMENT APPROACH SUSTAINABILITY DISCLOSURES ON MATERIAL MATTERS TENAGA NASIONAL BERHAD Integrated Annual Report 2023 78 The electricity tariff structure is governed by the Energy Commission based on the IBR framework with built-in incentives to improve our efficiency and for greater tariff transparency to our customers. We are