TENAGA NASIONAL BERHAD Integrated Annual Report 2023 192 ADDITIONAL COMPLIANCE INFORMATION (1) UTILISATION OF PROCEEDS RAISED FROM CORPORATE PROPOSALS No proceeds were raised as the Company did not undertake any corporate proposals in the Financial Year ended 31 December 2023. (2) MATERIAL CONTRACTS There were no material contracts entered into by the Company and its subsidiaries involving the interests of the Directors or Major Shareholders, either still subsisting at the end of the Financial Year or, if not then subsisting, entered into since the end of the previous Financial Year. (3) RELATED PARTY TRANSACTIONS The Group has established appropriate procedures to ensure it complies with the MMLR with regards to related party transactions. All related party transactions are reviewed by the Group Internal Audit Department, following which a Group-WideReport is submitted to the BAC on a quarterly basis for monitoring purposes. The Group did not seek any mandate from its shareholders pertaining to related party transactions during the Financial Year under review. STATEMENT ON COMPLIANCE WITH THE REQUIREMENTS OF BURSA MALAYSIA IN RELATION TO APPLICATION OF PRINCIPLES AND ADOPTION OF BEST PRACTICES LAID DOWN IN THE MALAYSIAN CODE ON CORPORATE GOVERNANCE 2021 (Pursuant to paragraph 15.25 of the MMLR) The Board has reviewed, deliberated and approved this Statement on 27 February 2024. The Board is pleased to report to its shareholders that to the best of its knowledge, the Company has complied with and shall remain committed to attaining the highest possible standards of corporate governance through the continuous adoption of the principles and best practices of the MCCG and all other applicable laws, save as disclosed above. CREATING VALUE THROUGH STRONG GOVERNANCE Sec 4 193 Tenaga Nasional Berhad 199001009294 (200866-W)    TOGETHER, LET US IGNITE A CHANGE AND EMPOWER A BETTER, BRIGHTER FUTURE. We are dedicated to driving a responsible energy transition and leading the pathway to a sustainable future. Let us