Presentation to Analysts
                           Unaudited Consolidated Result for the 
        2  0  2  1
                            th                      st
                           4 Quarter FY2021 Ended 31 December2021
                             th
                           25 February2022
     Key highlights of 2021 
                                  –An Eventful Year
                                                                             Future Highlights
                        FY2021 Performance
                                                                                  RP3
                      Resilient FY2021 financial results is consistent
                      with the increased economic activities, however
        Financial 
                                                                           RP3 approved effective 
                      challenges persist
                                                                            Feb 2022 to Dec 2024
      performance
                      Balancesheetpositionremainstrong
                                                                         Sustainability pathway
                      Dividend per share of 40 sen includes:
                        oInterim - 22 sen
                        oFinal      - 18 sen
                                                                      Internalising ESG KPIs to the Senior 
        Dividend
                                                                      Management team starting FY2022 
                      Dividend yield of 4.28% 
                      (Share price : RM9.34, 31st Dec’21)
                                                                       • TNB ESG rating score
                                                                       • Zero fatality and long term injury 
                     Maintained world class operational network
                                                                        frequency (LTIF) < 1.0
        Technical 
                     performance
                                                                       • Installed RE capacity
      performance
                                                                                                       2
         FY2021 financial results is consistent with the increased economic activities 
         although some challenges continue to persist
                                   FY’21 EBITDA includes :
                                                                                                                                                                      Strong and resilient Balance Sheet 
                                                                                                           FY’21 Profit After Tax is within market 
       •  Peninsula Malaysia demand grew by 1.2% year-on-year
                                                                                                                                                                    afforded by efficient capital allocation 
                                                                                                                           expectation
       •  The increase in sales was mainly driven by higher consumption 
                                                                                                                                                                         and proactive working capital 
          recorded for domestic and industrial customers
                                                                                                                                                                    management. Gearing stood at 47.0%
       •  Higher goods & services from subsidiaries as more businesses are 
          allowed to operate
                   REVENUE                                                                                         PROFIT AFTER TAX                                 CAPITAL MANAGEMENT
                                                                           EBITDA
     RM mil
     ICPT                                            ICPT
                     +19.7%
                                                                                                                                                                                   Gearing (%)
   (3,034.4)                                        4,509.6
                                    52,629.5
           43,976.0
                                                                            +4.4%
                                                                                                                            +6.9%
                                                                                        18,774.5 
                                                                  17,981.2 
                                                                                                                                                                                                      50.0 
                                                                                                                                                               Capital
                                                                                                                                          3,864.7 
                                                                                                                                                             headroom 
                                                                                                                   3,616.4 
                                                                                                                                                              available 
                                                                                                                                                                               47.0
            47,010.4 
                                    48,119.9 
                                                                                                                                                                              FY'21          Internally Observed
                                                                    FY'20                FY'21
                                                                                                                    FY'20                  FY'21
            FY'20                     FY'21
                                                                                                                                                                                               Optimal Gearing
                                                                                                                                                                                                     Level
                                                                                                                                                                                                                  3
     We continue to offer long-term value for our shareholders by delivering 
     sustainable dividends
                                                      Dividend Policy
                              Dividend payout ratio of 30% to 60% based on the adjusted PATAMI
                         Special Dividend 
                                                    2.28
                         Payout (RM’ bil)
                         Yearly Dividend 
                                                                     2.29
                                                     2.28
                         Payout (RM’ bil)
                         Dividend Payout (%)
                                                                                                       st
                         (based on Adjusted 
                                                                     52.8
                                                     58.5
                                                                                    Dividend yield as of 31 Dec’21 at 4.28%
                         PATAMI) 
                                                     80.0
                                                     40.0
                                                                     40.0
                          Dividend Per Share 
                                                     18.0             18.0
                          (sen)
                                                     22.0             22.0
                                                     FY'20           FY'21
                                                                                                                       4
                                                       Interim Final Special