deeply felt by all who had the privilege of working alongside him. T o my fellow colleagues in TNB, always remember that you are the lifeblood of the company, and together, let us unlock our potential, power progress, and make the energy transition happen towards for a brighter future. The progress that we experienced in 2023 was made possible with the support and guidance of the Board of Directors, ensuring that we are focused on delivering the right business outcomes. I would like to thank the Government, the ministries, the Energy Commission, and regulatory bodies for their contributions toward the continued enhancement of our electricity industry, and strong support of the Energy Transition. Finally, to our valued shareholders, esteemed customers, and dedicated business partners - we extend our deepestgratitude for your unstinting support and trust in TNB. We are incredibly enthusiastic about the future growth prospects of our company and are eager to have you alongside us as we forge ahead in our journey to drive the Energy Transition in Malaysia and beyond. T ogether, we can unlock our full potential, propel progress, and play a pivotal role in facilitating the energy transition. Your continued partnership is key to our success, and we look forward to achieving these transformative goals with you. OUTLOOK As Malaysia steers into 2024, it is poised to be an exciting year with TNB at the forefront of the nation’s ET journey. We are directing greater focus to our domestic businesses and investments in support of key initiatives to help achieve the goals outlined under the NETR. In line with this, we are preparing to participate in the LSS Programme’s fifth cycle (LSS5) which will see an expanded quota of up to 2GW, including a novel category for floating solar projects. Complementing this will be the Low Carbon Energy Generation Programme (LCEGP) with a 400MW quota, which opens up opportunities for other low-carbon power generation, such as small hydro, biogas, biomass, and hydrogen. In terms of addressing