Tenaga Nasional : TNB AND SIME DARBY PARTNER TO ACCELERATE SUSTAINABLE TOWNSHIP DEVELOPMENT IN MALAYSIA

PRESS RELEASE

S.A. 2023/12/20_68 (HQ)

TNB AND SIME DARBY PARTNER TO ACCELERATE SUSTAINABLE TOWNSHIP DEVELOPMENT IN

MALAYSIA

• TNB and Sime Darby Property stand unified to accelerate sustainable energy initiatives
• Projects include rooftop solar installations, electric vehicle charging infrastructure, and microgrid solutions within Sime Darby Property's Township developments

Tenaga Nasional Berhad (TNB) and Sime Darby Property Berhad have joined forces in a landmark collaboration aimed at expediting sustainable energy projects within Sime Darby Property's Township developments. Sealed through a Memorandum of Understanding (MoU), this partnership marks a significant leap towards advancing Malaysia's clean energy goals and cementing a commitment to a greener, more sustainable future.

As a prominent sustainable energy solution provider, TNB is spearheading sustainable energy solutions in township development by strategically partnering with industry leaders like Sime Darby.

Over a two-year period, TNB will focus on implementing diverse sustainable energy initiatives, including rooftop solar installations, electric vehicle (EV) charging infrastructure, and innovative microgrid solutions within Sime Darby Property's townships. This collaboration echoes TNB's dedication to pioneering sustainable energy solutions and Sime Darby Property's commitment to fostering environmentally conscious developments.

This endeavour supports Malaysia's clean energy objectives, aligning with the National Energy Transition Roadmap (NETR). It signifies the commitment of Government-Linked Companies (GLCs) to reducing their carbon footprint.

"This collaboration embodies our shared commitment to drive a sustainable energy transition," said TNB President and Chief Executive Officer, Dato' Seri Ir. Baharin Din. "Through this MoU, we aim to significantly contribute to Malaysia's clean energy objectives in line with the vision of achieving 70% renewable energy capacity by 2050."

The MoU solidifying the partnership on sustainable development was signed by TNB Chief Retail Officer, Kamal Arifin A. Rahman and Sime Darby Property Chief Executive Officer, Dato' Ir. Mohd Sohimin Mohd Alayedin. This marks a significant milestone in their joint commitment in advancing a low-carbon future. Witnessing the signing were TNB Chairman, Dato' Abdul Razak Abdul Majid and Baharin.

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S.A. 2023/12/20_68 (HQ)

This expanded partnership builds upon TNB's prior collaboration with Sime Darby Property in developing Smart Green Home solutions in Elmina Grove at the City of Elmina in Shah Alam, Selangor, emphasising a mutual dedication to environmental, social, and governance (ESG) goals.

Expressing enthusiasm about the extended collaboration, Baharin stated, "This partnership is a testament to our joint commitment to realising Net Zero 2050 and implementing sustainable practices within our operations and communities. It cements TNB's leadership in facilitating a responsible energy transition and highlights our dedication to leveraging innovative solutions for a sustainable future."

The partnership between TNB and Sime Darby Property represents a significant stride towards cleaner energy in Malaysia, demonstrating our commitment to creating more eco-friendly towns. Collaboratively, we lead the way toward a greener future, set an example for sustainable development, and support Malaysia's goals for a cleaner environment.

Released in Kuala Lumpur on 20 December 2023 at 10:00 am

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S.A. 2023/12/20_68 (HQ)

TNB Chief Retail Officer, Kamal Arifin A. Rahman and Sime Darby Property CEO, Dato' Ir. Mohd Sohimin Mohd Alayedin, exchange the MoU document recently in Kuala Lumpur. The occasion witnessed the presence of key industry leaders, including TNB Chairman, Dato' Abdul Razak Abdul Majid (centre); TNB President and CEO, Dato' Seri Ir. Baharin Din (third right); TNB Chief Operating Officer, Datuk Ir. Megat Jalaluddin Megat Hassan (third left); TNB Program Director PMO EV, Wan Ahmad Zam Zam Wan Abd Wahab (extreme left); Managing Director of GSPARX, Elmie Fairul Mashuri (second left); Sime Darby Property Chairman, Rizal Rickman Ramli (second right) and Sime Darby Group Managing Director, Dato Azmir Merican (extreme right). This significant gathering marked the collaborative commitment towards advancing sustainable energy initiatives for a greener future.

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