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Investor Presentaiton

TNB'S SUSTAINABILITY PATHWAY SUPPORTS THE NATION'S CLIMATE COMMITMENTS, CONSIDER EXISTING RE TARGETS AND IN TANDEM WITH THE PENINSULAR MALAYSIA GENERATION DEVELOPMENT PLAN Malaysia Climate Commitments To reduce Greenhouse Gas (GHG) emissions intensity of gross domestic product (GDP) by 45% by 2030 relative to the 2005 baseline TNB Sustainability Pathway 2050 Targets 1 Aspire to achieve Net Zero by 2050 (in line with 1.5°C scenario), 35% emission intensity reduction by 2035 7 MyClimate ActionCouncil (MyCAC) Development of a “green recovery plan" ☐ Strengthening the country's climate change governance Low Carbon Mobility Development Plan 2021 - 2030 National Low Carbon City Master Plan 2 Aspire to achieve Zero Fatalities and LTIF** < 1.0 3 1% profit-after-tax (PAT) towards environmental and community-related programmes **LTIF - Lost time incident frequency Strategic Pillars JPPPET* Peninsular Malaysia Generation Development Plan 2020 and RE capacity targets of 31% by 2025 and 40% by 2035 Peak Demand Projection Renewable Energy requirement & mix Energy Trilemma New Capacity Projection & Reserve Margin projection No new coal plants * Jawatankuasa Perancangan dan Pelaksanaan Pembekalan Elektrik dan Tarif / Planning and Implementation Committee for Electricity and Supply Tariff Evolve the Grid & Grow Renewables Invest in Low Emission & Green Technologies Future-proof TNB's business Unlock New Energy revenue streams 12
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