expressed its gratitude and appreciation for the contribution given by the late Ir. Dev Anandan M.S. Anandan during his tenure as Chief Grid Officer. His stewardship, integrity and wisdom will be deeply missed. Hasmarizal bin Hassan was appointed as Chief Grid Officer with effect from 16 April 2024, in place of the late Ir. Dev Anandan M.S. Anandan. He was the Head (Grid Development) of Grid Division. These appointments were made after intensive deliberations and process as well as taking into account their qualifications, working experience, expertise, professionalism, knowledge of the Company and industry as well as assessment by independent expert. The Board is satisfied that the BNRC has efficiently discharged its duties pertaining to the nomination, remuneration and succession management functions as set out in its TOR. TheBNRC annually evaluates the performance of the President/CEO and T op Management, whose remunerations are directly linked to their respective KPIs. The President/CEO’s remuneration package is reviewed by the BNRC to reflect the contributions made towards the Group’s achievements for the year. The BNRC’s views and recommendations on this are submitted to the Board for its deliberation/approval. Based on the evaluation for the Financial Year under review, the Board collectively concurred that the succession planning for President/CEO and T op Management as well as for the Company’s future leaders has been appropriately developed. SUPPLY OF INFORMATION AND ACCESS TO ADVICE Prior to each Board meeting, a Pre-Board session is convened to facilitate collaboration between Management and the Chairman, allowing for the exchange of insights regarding the upcoming agenda. This collaborative effort shapes the agenda for the Board meetings, ensuring alignment with strategic objectives. Utilising advanced meeting software, agenda and Board papers are securely circulated to Board Members at least five (5) working days in advance, enabling thorough review and preparation. In addition to the Board papers,