established the Green Lane Pathway programme to streamline the on-boarding process for data centres, expedite approvals and facilitate the smooth setting up of data centres in Malaysia. In addition, the government’s plan to establish a regional green energy exchange bodes well for increased activity in RE export deals, in which we expect to be a key player. We take cognisance of the latest development in the Sabah electricity supply industry in which, the Sabah state government through the Energy Commission of Sabah (ECoS) has officially taken over regulatory authority of the state’s electricity supply in January 2024. TNB will continue to support the government through the 7-year transformation programme of Sabah Electricity Sdn. Bhd. into becoming a financially viable and sustainable utility, while simultaneously improving the state’s power supplysecurity and reliability. For TNB, it will be a critical time as we enter the final year of Regulatory Period 3. I am confident that the Management team will put forward a responsible and prudent proposal for our submission for the RP4 which spans 2025-2027. In line with the Government’s effort to rationalise various subsidies, coupled with the increase of REpenetrationinthesystem,TNBisalsoworkingcloselywiththeMinistryofEnergyTransitionandWaterTransformationandtheEnergyCommissiontowardsamorecost-reflectiveelectricitytariff thatfeaturesatargetedsubsidymechanism. As we move forward, TNB remains steadfast in its journey towards achieving the ambitious goals outlined in our revised Reimagining TNB 2.0 strategy, guided by our purpose to brighten lives through innovative and sustainable energy solutions towards a better world. Our proactive engagement in Malaysia’s energy transition, strategic investments in infrastructure, and unwavering commitment to sustainability and customer satisfaction have positioned us well to navigate the challenges ahead. ACKNOWLEDGEMENTS It is my profound honour to extend my deepest gratitude to the Board of Directors for their unwavering