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Investor Presentaiton

THE PACE OF TECHNOLOGY DEVELOPMENT HAS INCREASED SIGNIFICANTLY, THUS WE RECOGNIZE THAT LEVERAGING ON PARTNERSHIPS AND COLLABORATION WILL BE CRITICAL FOR THE LONG RUN TNB RESEARCH (TNBR) PROGRAMS CO₂ Carbon Capture and Utilisation • • H₂ Green Hydrogen Virtual Pilot Plant Technology • DESCRIPTION TNBR is committed in providing comprehensive technical and economic assessment of CCU since 2011 as they focus on technology development of capturing CO₂ from our thermal power plant (coal fired and gas fired) and utilisation of the captured CO2 by converting into valuable outputs. The research & development (R&D) program covers Chemical Approach Carbon Capture, Biological Approach Carbon Capture and Carbon Utilisation. CCU is one of the key technologies that can reduce emissions from fossil fuels on a significant scale. This technology is critical in aligning ourselves with the global energy transition as well as achieving our aspiration of net zero emission by 2050. TNBR is focusing on providing technical and economic assessment of green hydrogen production as the production of hydrogen via sustainable energy will ensure the production of the energy would not emit carbon dioxide into the atmosphere. Current R&D include alternative method for green hydrogen such as production through two stage Anaerobic Digestion (TSAD) process of organic waste e.g. palm oil mill effluent and food waste. Green Hydrogen project will support TNB's aspiration to be the leading provider of sustainable energy solution in Malaysian and internationally. TNB is piloting a Virtual Pilot Plant (VPP) technology that utilizes software and energy storage that will enable the future peer-to-peer generation amongst energy prosumers (a consumer who produces and consumes energy). Our Partnership Offshore wind ☑ Electric Vehicle (EV) Rooftop Solar TNB has invested and taken a 49% stake of an Offshore Wind Farm in Blyth UK with EDF of France. This marks TNB's first entry into Wind Turbine Technology with a established partner. TNB has signed MoU's with DHL, SOCAR and Sime Darby Motors to explore various initiatives to accelerate the adoption of electric vehicles (EV). TNB via GSPARX has collaborated with Jabatan Kerja Raya (JKR) to install solar PV system while currently finalizing with some public universities and healthcare providers. We are allocating 3.5% of our forecasted PAT for our R&D activities from FY2022 onwards • NH3 Ammonia TNB with IHI Corp (Japan) and PETRONAS had formed a joint study into Co-Firing Ammonia at coal power stations to reduce carbon emissions. Ammonia is viewed as the most viable carrier of Hydrogen to be used as fuel. 15
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