OUR LEADERSHIP Sec 2 47 In 2023, TNB’s non-regulated business, through its subsidiary GSPARX Sdn. Bhd. (GSPARX), significantly boosted its contribution to Malaysia’s green energy landscape by facilitating the transition of its customers to prosumers through rooftop solar installations. GSPARX achieved a remarkable 340MWp in solar sales, demonstrating TNB’s commitment towards delivering renewable energy. Notable projects included a partnership with retail chain, AEON Co. (M) Bhd., for rooftop solar installations, a rooftop and floating solar installation at Universiti Malaysia Pahang (3.5MWp), and the largest rooftop solar project at Universiti Putra Malaysia (16.18MWp). Additionally, 105MWp of solar projects reached commercial operation, with Supply Agreement for Renewable Energy (SARE) agreements accounting for 90.6MWp and the remainder through outright purchases. TNBX Sdn. Bhd. (TNBX), our subsidiary focused on sustainable energy solutions, expandedits offerings in 2023. Highlights include SuriaShield, a solar PV insurance for residential setups, and a Virtual Energy Manager for commercial and industrial customers to optimise electricity usage. It also secured a cumulative capacity of 264MWp across 695 solar projects through SARE agreements. Furthermore, TNB is set to launch the rebranded Malaysia Green Attribute Trading System as the country’s leading digital marketplace for Renewable Energy Certificates in the first quarter of 2024. This initiative, a collaboration between the government and TNBX, aims to meet the increasing demand for green electricity, especially from multinational corporations. Additionally, it is noteworthy that under 2023’s Green Electricity Tariff programme, TNB customers subscribed to a green energy quota totalling 4,223GWh. TNBX has also successfully onboarded 16 Direct Current (DC) and 20 Alternating Current (AC) chargers into it GO TO-U EV charging platform. 13 of the DC chargers are being operated under the partnership with KINETA Sdn. Bhd., while the remaining chargers are being