Statements aligns with the Companies Act 2016 and the approved accounting standards set forth by the Malaysian Accounting Standards Board. This commitment is aimed at presenting an accurate portrayal of the Group’s state of affairs, profit or loss and cash flow at the close of the accounting period. In the preparation of these financial statements, the Directors confirm compliance with applicable approved accounting standards in Malaysia, exercising reasonable and prudent judgements and estimates. Furthermore, the Audited Financial Statements are prepared on a going concern basis, as the Board, upon thorough inquiry, reasonably expects the Group to possess adequate resources for its operational continuity in the foreseeable future. INTEGRITYINCORPORATEREPORTINGAND MEANINGFULRELATIONSHIPWITHSTAKEHOLDERS CREATING VALUE THROUGH STRONG GOVERNANCE Sec 4 183 STATEMENT ON RISK MANAGEMENT AND INTERNAL CONTROL The Board of Directors (theBoard) is pleased to present its Statement on Risk Management and Internal Control (SORMIC) for the financial year ended 31 December 2023. This statement, collaboratively developed and jointly endorsed by the Board Sustainability and Risk Committee (BSRC), formerly known as the Board Risk Committee (BRC), and the Board Audit Committee (BAC), adheres to the stipulations set forth in paragraph 15.26(b) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad (Bursa). Additionally, it is guided by the Statement on Risk Management and Internal Control - Guidelines for Directors of Listed Issuers issued by Bursa. The SORMIC delineates the nature and breadth of the risk management and internal control systems in TNB Group, including subsidiaries, throughout the reviewed fiscal year. It provides an overview of the framework, policy, process and measures adopted to mitigate risks and uphold operational integrity within TNB Group. Notably, this disclosure excludes associated companies and joint ventures. The Board persistently upholds its overarching responsibility and remains