Monitoring, Vendor Risk Analysis and Spend Analysis to enable informed decision-making. Procurement Connected Planning (PCP) TNB recorded a substantial spending of approximately RM37 billion in 2023. The spend trend reflects a growth trajectory as Malaysia recovers from the post-pandemic era; 46.45% of our expenditures in 2023 was awarded to local vendors and suppliers. Approximately RM25 billion was fuel-related, mainly on fuel gas sourced locally and coal fuel sourced internationally from foreign suppliers to ensure suitable coal quality for coal power generation in Malaysia. Of the non-fuel spending of RM11.6 billion, approximately 91% was from local suppliers. We are dedicated to cultivating a supply chain ecosystem that meets and aspires to the highest standards of ethics, integrity, and transparency. Our commitment to these principles ensures that our procurement practices contributeto establishing a sustainable and responsible business environment. Recognition We continuously seek feedback from our vendors through an annual vendor satisfaction survey. This enables us to better collaborate with our vendors to deliver quality products and services and provide a reliable electricity supply to our customers. In 2023, we achieved 85% vendor satisfaction. Supply Chain Management No Metric Bursa Ind. Unit 2021 2022 2023 Targets Supply Chain Management 1 Proportion of spending on local suppliers* C7(a) 2 % of spend on local suppliers % 97.90 95.10 46.45* >35%** 3 T otal spend on local suppliers RM bill 9.82 10.38 17.18 * Data disclosed for FY2023 is based on spend under TNB Group extracted from TNB Enterprise Resource Management (ERM) system, including fuel purchases. All internal spends between TNB Business Entities are excluded. Previous years (2021 and 2022) data were disclosed based on spending under TNB company and subsidiaries TPG SB, TNB Retail SB and TNB Renewables SB. All fuel-related purchases were excluded. The data also includes internal spends between TNB Business Entities. ** Target is for TNB