w.e.f. 1 April 2024) Dato’ Roslina binti Zainal IndependentNon-ExecutiveDirector(Appointedandceasedasmemberw.e.f. 1July2023and24November2023respectively)Datuk Amran Hafiz bin Affifudin Non-IndependentNon-ExecutiveDirector(Ceasedasmemberw.e.f. 1September2023) Datuk Rawisandran Narayanan IndependentNon-ExecutiveDirector(Ceasedasmemberw.e.f. 18May2023) BOARD SUSTAINABILITY AND RISK COMMITTEE REPORT EFFECTIVE AUDIT AND RISK MANAGEMENT CREATING VALUE THROUGH STRONG GOVERNANCE Sec 4 171 EFFECTIVE AUDIT AND RISK MANAGEMENT BOARD SUSTAINABILITY AND RISK COMMITTEE REPORT Refer to SORMIC for more details. Refer to SORMIC for more details. Refer to SORMIC for more details. In addition, the BRC deliberated key operating risks of 14 TNB business entities in the year under review. Based on an annual schedule, TNB business entities table their respective operational risk profile to the BRC, highlighting key risks and mitigations taken to address root causes, emerging risks related to its business and lessons learned from risk events. The BSRC provideddirection and advice for improvements in embedding risk management principles and practices to make informed decisions. In the year under review, the BRC approved revisions to the TNB Investment Risk Methodology and deliberated on reports of specific risk exposures in the areas of safety, legal and compliance, and document management. TNB Risk Dashboard The BRC deliberated on quarterly TNB Risk Dashboard reports consisting of Key Risk Indicators (KRIs) with impact to business operations, financial standing, regulatory, reputation and international investment. KRIs that had surpassed thresholds are deliberated in detail and proposed mitigation are challenged to effectively address related risk exposures and opportunities. Annually, the BSRC approves revisions to the TNB Risk Dashboard to ensure its relevancy and adequacy in view of changes in the risk landscape. Capability Building The BRC mandated for risk practitioners in the Group to be adequately trained and certified by