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 recognisedlocal or international professional bodies to ensure quality risk management practices are effectively implemented at all levels. Risk management training at fundamental and intermediate levels are conducted by TNB Integrated Learning Solution Sdn. Bhd. (ILSAS) to increase the risk competency of employees across the Group. HOW THE COMMITTEE OPERATES Throughout Financial Year 2023, seven (7) BRC meetings were held prior to 25 August 2023 and two (2) BSRC meetings were held for the remaining of the year. Ahead of each meeting, meeting schedules, agenda, papers approved for tabling and updates of outstanding matters from previous meetings were communicated to the BSRC members. The President/CEO, Chief Operating Officer, Chief Sustainability Officer, Chief Risk Officer and Company Secretary, who is also secretary to the BRC/BSRC, attended the meetings. Other attendees, internal or external, were invited to deliberate on matters within their purview. Decisions made during these sessions were diligently documented in action sheets by the Company Secretary, outlining necessary steps for implementation. These action sheets were swiftly circulated to