Governance and risk
Directors' Report
Financial statements
Assurance statements
Security holder information
Introduction Business performance Stakeholders Sustainability
Contents
Executive KMP remuneration
Post- employment benefits
Long-term benefits Annual and Long Service
Short-term employee benefits
Share-based benefits 1
Cash salary and fees 2
Non-monetary
Cash STI 3
benefits 4 Superannuation
Leave Deferred STI 5
Total 6
LTI Awards
Current Executive KMP
M Jablko 2026
2,080,000
1,144,500
768
30,000
90,446
951,944
1,528,126
5,825,784
2025
2,048,466
1,112,500
768
29,932
6,704
776,044
1,137,573
5,111,987
H Byrne 2026
1,205,000
495,000
1,467
30,000
52,347
414,262
537,356
2,735,432
2025
1,170,068
500,000
1,536
29,932
(9,832)
352,381
436,088
2,480,173
D Clements 7 2026
870,000
345,500
768
30,000
21,014
247,597
242,492
1,757,371
2025
608,417
210,000
533
20,931
71,988
129,341
99,936
1,141,146
S Moorfield 2026
1,020,000
399,000
768
30,000
23,602
371,504
487,294
2,332,168
2025
986,481
425,000
768
29,932
9,626
333,924
409,049
2,194,780
Total for Current Executive KMP 2026 5,175,000
2,384,000
3,771
120,000
187,409
1,985,307
2,795,268 12,650,755
2025
4,813,432
2,247,500
3,605
110,727
78,486
1,591,690
2,082,646 10,928,086
Former Executive KMP
N Green 8 2026
727,500
225,000
1,486
22,500
21,515
443,311
199,033
1,640,345
2025
970,068
320,000
1,980
29,932
(4,913)
281,626
150,152
1,748,845
Total 2026
5,902,500
2,609,000
5,257
142,500
208,924
2,428,618
2,994,301 14,291,100
2025 9
5,783,500
2,567,500
5,585
140,659
73,573
1,873,316
2,232,798 12,676,931
1 In accordance with the requirements of the accounting standards, remuneration includes a proportion of the fair value of equity compensation granted or outstanding during the year (i.e. performance awards under the LTI plan). The fair value of the awards is determined as at the grant date and is progressively allocated over the performance period. The amount included, as remuneration may be different to the benefit (if any) that the KMP may ultimately realise should the awards vest. The fair value of performance awards with a TSR performance measure has been determined by applying a Monte Carlo simulation (using a Black-Scholes framework) to model Transurban’s security price and the TSR performance against the comparator group performance. The fair value of performance awards with a FCF performance measure has been determined by reference to Transurban’s security price at the grant date discounted for dividends and distributions forgone throughout the performance period. As the FCF performance measure is a non-market performance condition, amounts recognised are adjusted based on the best available estimate of the number of equity instruments expected to vest 2 Cash salary and fees does not include unpaid leave taken during the year. For M Jablko, this includes a one-off cash payment ($18,398) made to redress the missed February 2025 distribution payment which M Jablko would have received if Transurban was able to purchase securities under the FY24 Deferred STI Plan prior to the record date (31 December 2024). 3 For current Executive KMP, the amounts represent the cash STI payment to Executive KMP for FY26, which will be paid in September 2026 4 Non-monetary benefits include Group employee insurance 5 A component of STI award is deferred into Transurban stapled securities. In accordance with accounting standards, the deferred component is recognised over the three year combined performance and deferral period 6 The percentage of FY26 remuneration related to performance was M Jablko 62%, H Byrne 53%, D Clements 48%, S Moorfield 54% and N Green 53% 7 D Clements’ 2025 remuneration reflects the period as Executive KMP from 21 October 2024 8 N Green remuneration reflects the period as Executive KMP until 31 March 2026 9 The total disclosed in the FY25 Remuneration Report ($11,753,306) includes remuneration of former Executive KMP H Wehby (-$923,625), which is excluded from the above disclosure
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