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 support,invaluable wisdom, and strategic counsel throughout a year that was both challenging and continuously evolving. Their guidance has been instrumental in steering TNB towards its strategic goals and in navigating the complexities of our industry with grace and foresight. Here, I would like to bid farewell to our former Chief Executive Officer (CEO), Dato’ Seri Ir. Baharin Din, who has demonstrated exemplary leadership in guiding the Management Team and Warga TNB towards achieving the Company’s goals and aspirations. I welcome our new CEO, Datuk Ir. Megat Jalaluddin Megat Hassan, who will have the full support of the Board, as he takes over the helm effective 1 March 2024 and works towards bringing TNB forward to a brighter future. Our Management Team deserves special acknowledgment as well for their efforts, supported tirelessly by our employees, who have shown remarkable resilience and commitment, allowing us to continue brightening the lives of the rakyat