NOTES TO THE FINANCIAL STATEMENTS 31 December 2023 FINANCIAL STATEMENTS Sec 5 351 49 LIST OF SUBSIDIARIES (CONTINUED) The list of subsidiaries of the Group is as follows: (continued) Name of subsidiary Group’s effective interest Principal activities Country of incorporation 2023 2022 Subsidiaries of Vantage RE Ltd. (continued) TWV No. 1 Ltd.# 100% 100% Operation of wind assets for the generation and sale of electricity United Kingdom Vantage RE No. 1 Limited# 100% 100% Investment holding company United Kingdom Vantage Solar Investments S.A.R.L.# 55% 55% Investment holding company Luxembourg Subsidiary of Vantage Solar Investments S.A.R.L. Vantage Solar UK4 Limited# 55% 55% Investment holding company United Kingdom Subsidiary of Vantage Solar UK4 Limited Vantage Solar UK3 Limited# 55% 55% Investment holding company United Kingdom Subsidiary of Vantage Solar UK3 LimitedVantage Solar UK2 Limited# 55% 55% Investment holding company United Kingdom Subsidiary of Vantage Solar UK2 Limited Vantage Solar UK Limited# 55% 55% Investment holding company United Kingdom Subsidiary of Vantage Solar UK Limited TerraForm UK2 Intermediate Holdings, Ltd.# 55% 55% Investment holding company United Kingdom Subsidiary of TerraForm UK2 Intermediate Holdings, Ltd. TerraForm UK3 Intermediate Holdings Limited# 55% 55% Investment holding company United Kingdom Subsidiaries of TerraForm UK3 Intermediate Holdings Limited Cambridge Solar Power Limited# 55% 55% Operation of solar assets for the generation and sale of electricity United Kingdom NOTES TO THE FINANCIAL STATEMENTS 31 December 2023 TENAGA NASIONAL BERHAD Integrated Annual Report 2023 352 49 LIST OF SUBSIDIARIES (CONTINUED) The list of subsidiaries of the Group is as follows: (continued) Name of subsidiary Group’s effective interest Principal activities Country of incorporation 2023 2022 Subsidiaries of TerraForm UK3 Intermediate Holdings Limited (continued) SunE Green Holdco2 Ltd.# 55% 55% Investment holding company United Kingdom Subsidiaries of SunE Green Holdco2 Ltd. AEE