Tenaga Nasional Bhd · MYX:TENAGA
Tenaga Nasional Bhd — Investor Presentation (June 2026)
18 slides from Tenaga Nasional Bhd's investor presentation, June 2026
Slide 1: Tenaga Nasional Berhad Presentation to Investor
TENAGA NASIONAL BERHAD PRESENTATION TO INVESTOR June 2026 Santong Battery Energy Storage System (BESS) Investor Relations, Group Finance Division
Slide 2: Corporate Profile
OVERVIEW CORPORATE PROFILE TNB is the largest electricity utility company in Malaysia and at the forefront of the country’s energy transition Our Presence in Peninsular Malaysia Holds 53% of Domestic Generation Capacity Sabah Electricity Sdn Bhd (SESB) Our grid network and retail business* are (83%
Slide 3: Composition of BOD
OVERVIEW COMPOSITION OF BOD NON-INDEPENDENT NON-EXECUTIVE CHAIRMAN EXECUTIVE DIRECTOR / PRESIDENT / CEO TAN SRI ABDUL RAZAK BIN ABDUL MAJID DATUK Ir. Ts. SHAMSUL BIN AHMAD Independent Non-Executive Directors Non-Independent Non-Executive Directors DR. HASNITA BINTI DATO' SRI AB RAHIM ROHAYA BINTI MO
Slide 4: Deliver Clean Generation: TNB holds 53% of Peninsular capacity
OVERVIEW DELIVER CLEAN GENERATION TNB’s generation footprint in Peninsular Malaysia — anchoring 53% of market share Generation Portfolio Perlis Legend: Coal Gas Kedah TNB holds 53% (15,312MW) TNBBS (45MWp) TNBBS 2 Hydro of Peninsular gross installed capacity (75MWp) Solar Sg.Pergau Prai (28,890MW*)
Slide 5: Our Global Presence
OVERVIEW DELIVER CLEAN GENERATION We are also a global player as we strive to future proof our business by expanding our RE footprint and establishing strategic partnerships with leading RE players OUR GLOBAL PRESENCE Renewable ~1.3GW 4 3 Services Technologies Assets Operational RE Capacity Countrie
Slide 6: Regulated business governed by Incentive-Based Regulation framework
OVERVIEW DEVELOP ENERGY TRANSITION NETWORK Our regulated business is governed by the Incentive-Based Regulation (IBR) framework which provides stable returns to the Group while ensuring a more efficient energy sector The IBR mechanism provides: Governed under PPA/SLA/REPPA • Clear and transparent re
Slide 7: IBR Regulatory Period (RP4)
REGULATORY IBR REGULATORY PERIOD 4 (RP4) We have successfully secured our returns at 7.3% and sufficient expenditure allowance for 2025 - 2027 Tariff Parameters RP4 Allowed CAPEX (RM bil) Regulatory Regulatory Contingent CAPEX Period 3 (RP3) Period 4 (RP4) • Investments required to: Base Tariff a) M
Slide 8: Automatic Fuel Adjustment (AFA) Mechanism
REGULATORY AUTOMATIC FUEL ADJUSTMENT (AFA) MECHANISM AFA Mechanism enhances RP4 certainty through timely fuel cost recovery Fuel Cost Recovery (2015 – 2027) Automatic Fuel Adjustment (AFA) Historical Current Base tariff + AFA, sen/kWh Automatic Fuel Adjustment +10% RP1 – RP4 RP4 (Jan 2015 – June 202
Slide 9: Technical Performance
OVERVIEW TECHNICAL PERFORMANCE Group earnings supported by operational excellence and technical performance 1 Generation performance 2 Network performance Equivalent Plant Availability Factor, System Minutes (Transmission), EAF (Generation) % Minutes 1QFY2026 0.000 1QFY2025: 0.0001 2026 Internal Thr
Slide 10: Electricity Demand Peninsular Malaysia
ELECTRICITY DEMAND PENINSULAR MALAYSIA Peninsular Malaysia’s electricity demand continued to strengthen, driven by resilient and growing economy 2025 – 2027 Outlook Electricity demand rebounded strongly post-pandemic, recorded 134 TWh in 2025 (the highest level in TNB’s history) Demand forecast* 4.9
Slide 11: Dividend Policy and Payout
DIVIDEND OUTLOOK DIVIDEND POLICY AND PAYOUT We continue to deliver stable dividend payouts, reflecting our commitment to rewarding shareholders and maintaining prudent capital management 66.6% 65.6% 59.6% 60% 52.8% 55.2% DIVIDEND POLICY 30% We will continue to honour our dividend 53.0 51.0 policy of
Slide 12: Medium to Long Term Outlook
ENERGY TRANSITION PLAN MEDIUM TO LONG TERM OUTLOOK TNB’s long-term strategic priorities are anchored on its aspiration to achieve Net Zero emissions by 2050 Energy Transition Energy Transition Investment Outlook up to 2027 National Energy Transition Roadmap (RM bil) (NETR) aims to achieve: 18 18 15
Slide 13: Generation Mix in Peninsular Malaysia
ENERGY TRANSITION PLAN GENERATION MIX IN PENINSULAR MALAYSIA The nation's current generation mix reflects the diversification required for security of supply, and will continue to shift as we take a responsible approach towards energy transition Peninsular Malaysian Generation Mix (%) Forecast Scena
Slide 14: Our Growth Story Supports Our ET Agenda
ENERGY TRANSITION PLAN OUR GROWTH STORY SUPPORTS OUR ET AGENDA TNB’s fast-track sustainability agenda will bring major shifts across the value chain, ensuring business growth while meeting our ESG commitment Develop Energy Dynamic Energy Solutions Deliver Clean Generation Transition Network GenCo ai
Slide 15: Capitalising on High-Value Green Economy
ENERGY TRANSITION PLAN CAPITALISING ON HIGH-VALUE GREEN ECONOMY The National Energy Transition Roadmap (NETR) aims to shift Malaysia from a traditional fossil fuel-based economy to a high-value green economy NETR Part 1 Responsible Transition (RT) Pathway 2050 (6 energy transition levers) to shift M
Slide 16: Our RE Portfolio
RENEWABLE ENERGY OUR RE PORTFOLIO We remain resolute in delivering our RE target capacity of 14.3GW by 2050 RE portfolio Champion for 3 flagship catalyst projects 4.7GW as at March 2026 Establishment of Large-Scale Solar Parks over 5 sites, each with 100MW capacity, 2,700MW Development of Hybrid Hyd
Slide 17: Disclaimer
Disclaimer This presentation and discussion may contain forward looking statements by Tenaga Nasional Berhad related to financial trends for future periods. Some of the statements contained in this presentation or arising from this discussion which are not of historical facts are statements of futur
Slide 18: Thank you
Thank you INVESTOR RELATIONS IR OFFICERS: GROUP FINANCE DIVISION Envelope with solid fill Nura Nadia Abd Hadi Tenaga Nasional Berhad nuranadiaah@tnb.com.my Level 12, Tower A, TNB Platinum Hasniza Harun Envelope with solid fill No. 3, Jalan Bukit Pantai, Bangsar hasniza@tnb.com.my 59100 Kuala Lumpur
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