highlighted its role as a thought leader and key player in navigating the global energy transition towards a low-carbon future. Meanwhile, TNB’s commitment to COP28 is in line with our strategic objectives, aiming to reinforce our role in driving the energy transition within Malaysia and the wider region. TNB is proud to support Malaysia’s climate change agenda, working closely with the government and various ecosystem players across the energy transition value chain at COP28. This dedicated effort underscores TNB’s commitment to spearhead sustainable energy solutions for a better, brighter future. OUTLOOK Looking ahead, the upcoming RP4 is poised to be a critical phase for TNB, marking a significant shift in Malaysia’s energy sector regulation and policy framework. The groundwork for the RP4 regulatory submission has been carefully prepared, reflectingTNB’s proactive approach to align with evolving energy needs and sustainability goals. The proposal development process has been comprehensive, incorporating feedback from stakeholder engagement and adhering to internal business planning processes. Two overarching strategic objectives form the core of the RP4 proposal: Delivering for our customers and Facilitating the Energy Transition. These objectives emphasise TNB’s commitment to ensuring a stable and secure electricity supply while also supporting Malaysia’s ambitious goals for a sustainable energy future. TNB’s dedication to these objectives is evident in its efforts to foster the integration of renewable generation, expand consumer choices, and address the challenges across the electricity supply value chain. Moreover, the RP4 proposal is crafted to harmonise six key objectives, ensuring a holistic approach that delivers comprehensive benefits to the nation. These objectives are: As TNB embarks on this crucial journey, 2024 is designated as the negotiation period for RP4. During this time, TNB will engage in close collaboration with Suruhanjaya Tenaga and relevant ministries to refine and finalise the