Tenaga Nasional Bhd · MYX:TENAGA
Tenaga Nasional Bhd — Merger or Acquisition (2020)
13 slides from Tenaga Nasional Bhd's merger presentation, 2020
Slide 1: Court Convened Meeting
OURT CONV Tenaga NasfOnenee
Slide 2: Reimagining TNB is TNB's strategic aspiration
Reimagining TNB is TNB's strategic aspiration — a key enabler is the corporate structure EH — Future Generation Sources Aspirations in the Disrupted World anchored on value creation & hed an Future Proof Grid of the Future g the Customer ‘ Regulations Value creation and capital allocation implicatio
Slide 3: TNB is proactively adapting to anticipated market reforms in Malaysia
TENAGA TNB is proactively adapting to anticipated market reforms in SS Malaysia MES! 2.0 launched in 2018 with three objectives! CN Encourage competition Increase renewables Increase consumer along the value chain generation choice MESTECC has announced that extensive reforms will take place in the
Slide 4: Proposed internal reorganisation structure
RYN TENAGA NASIONAL Power generation IPP (subsidiaries) ? SLA power plants Power plant operations and maintenance Retail services? Renewable energy generation | | Dry bulk terminal operations TNB Power Generation Sdn. Bhd incorporated on 1 Aug 2019, referred to as TPGSB. TNB Retail Sdn. Bhd. Incorpo
Slide 5: Rationale for internal reorganisation
Rationale for internal reorganisation: Driven by value, transparency, = N4sionat and preparedness for disruption Greater focus driving improvements e Focus on efficiency, agility and performance Sey ¢ Tailored business strategies, performance management and investment initiatives to — meet the speci
Slide 6: TNB Power Generation Sdn Bhd (TPGSB): Realise synergies from E2E capabilities
TENAGA TNB Power Generation Sdn Bhd (TPGSB): Realise synergies from a Mauna: E2E capabilities to capture domestic growth Ca << all Market context | Growth drivers = Lower growth of near-term demand with PPAs* = Increase conventional capacity (incl. hydro) through potential plant- expiring | ups and
Slide 7: TNB: National network operator, strategic guide, and international growth driver
TENAGA TNB: National network operator, strategic guide, and international = Nasionat growth driver Market context Growth drivers = Expectations for network to support distributed * Investment into smart grid, supporting distributed generation and generation, energy efficiency and electric variable l
Slide 8: TNB Retail Sdn Bhd (TRSB): Retailer of choice with leading green and energy service portfolios
TENAGA TNB Retail Sdn Bhd (TRSB): Retailer of choice with leading green - and energy service portfolios Market context Growth drivers ® Likely market liberalisation and competition * Lead rooftop solar generation by leveraging TNB's scale and TRSB customer « Higher customer expectations with anticip
Slide 9: Internal reorganisation targets Q3 2020 completion
Internal reorganisation targets Q3 2020 completion — H1 2020 - Court process in progress Legal process to transfer assets & liabilities through Scheme of Arrangement Court Convened Meeting Meeting convened to consider and approve a scheme of arrangement Today proposed between TNB and its shareholder
Slide 10: Major consents for internal reorganisation
TENAGA TNB has completed or is in the process of obtaining the major 2 consents for internal reorganisation Consents sought Status P ti Shareholder's approval on the Scheme urpose of meeting today Consent from MOF on the Proposed Internal Reorganisation Jf Consent from EC on the issuance of the nece
Slide 11: V0
V0
Slide 12: Thank you
OF) remacean THANK YOU
Slide 13: Disclaimer
TENAGA “5 NASIONAL Disclaimer All information contained herein are solely for the purpose of this presentation only and cannot be used or referred to by any party for other purposes without prior written consent from TNB. Information contained herein is the property of TNB and it is protected and co
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