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Investor Presentaiton

IN 2016, WE EMBARKED ON OUR REIMAGINING TNB JOURNEY TO PREPARE FOR DECARBONIZATION, DECENTRALIZATION, DIGITALIZATION AND DEREGULATION TO BE A LEADING PROVIDER OF SUSTAINABLE ENERGY SOLUTIONS IN MALAYSIA AND INTERNATIONALLY Future Generation Sources 2025 EBIT Target : RM5.Obil Main Initiatives: ☐ Growing TNB's renewable capacity Expansion of capacity into selected international strategic markets with strong growth prospects Improving performance of existing thermal generation fleet 2021 Focus: ■ Improve the performances of existing assets Operationalisation of RACO & ReDevCo ■ Acquire our first off-shore wind assets with a strong partner and aim to build expertise in this technology and beyond. Explore SEA for RE expansion Grid of the Future 2025 EBIT Target: RM6.1bil Main Initiatives: Leveraging on innovation across the network to support our Energy Transition Upgrading our existing network infrastructure into a smart, automated and digitally enabled network Optimising our network's productivity, efficiency and reliability 2021 Focus: ☐ Achieve the Smart Meter installations targets RAB Expansion by utilizing the allowed CAPEX on Grid modernization Project Reduce System Losses Winning the Customer 2025 EBIT Target: RM0.7bil Main Initiatives: ☐ Enhance our customer's experience through all customer journeys for service, interaction communication channels and Growth through innovation of new sustainable customer solutions Strengthen digital presence via digital solutions, interactions and enterprise 2021 Focus: ☐ Enhance customer service by ensuring our customer's experience is a seamless interaction with TNB from the start to the end through Network of Teams models Expansion of rooftop solar PV Future Proof Regulation Main Initiatives: ☐ Working together with key stakeholders towards a stable and sustainable regulatory landscape 2021 Focus: RP3 Proposal Approval Shape TNB's sustainability agenda 6
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