Transurban FY26 Corporate Report Remuneration Report
FY26 Group Performance Scorecard
The overall FY26 STI outcome as assessed by the Board is 96% of target (64% of maximum).
Financial Measures (65%)
Proportional EBITDA (50%) 1
83% outcome
• Proportional EBITDA 1 was $3,088m against a target of $3,141m • Traffic volumes increased by 2% across the group, ADT in Sydney and Melbourne was lower than anticipated, reflecting the impact of the macroeconomic and geopolitical environment. This was offset by favourable performance in Brisbane and North America, resulting in Proportional EBITDA being slightly lower than target. • The Proportional EBITDA outcome was supported by continued focus on cost controls.
Proportional Net Costs (15%) 1
117% outcome
• Proportional Net Costs 1 was $731m against a target of $744m • Proportional Net Costs outperformed target despite macroeconomic headwinds. This was delivered through strong cost discipline and continued focus on internal efficiency. • Through active cost management, cost growth was contained to 3.3% (0.7% excluding new assets).
Non-financial Measures (35%)
HSSE measures (15%) 90% outcome • A strong year in relation to all but one HSSE measure (RICI), with continued emphasis on the creation and execution of HSE plans across the business. Specifically: – Employee and Contractor Recordable injuries were both below the threshold of 0.6 and 3.4 respectively. – Road Injury Crash Index (RICI) was 4.49 against a threshold of 4.00. • In response to the fatal incident on the West Gate Tunnel Project involving a contractor engaged by the CPB Contractors and John Holland joint venture , discretion was applied to reduce the Contractor RIFR outcome to zero, even though it is outside Transurban’s RIFR reporting boundary. 2 • Continued progress towards the company's GHG targets 3 demonstrated by achieving a 77% reduction in Scope 1 & 2 (market-based) greenhouse gas emissions against our FY19 baseline, and a 14% decrease year-on-year (compared to FY25). Supply chain engagement continued, with an increase from 83 to 101 suppliers responding to the 2025 CDP Supply Chain Disclosure, compared to the prior year. In FY26 we also expanded our CDP supply chain outreach to include our top 240 suppliers.
Customer and Delivery (20%)
110% outcome
• Net Promoter Score (NPS) performance of +13 against a target of +12. • Delivered customer experience improvements across digital and service channels, enhancing ease of use and supporting better customer outcomes, while taking customer operational matters into account as part of our broader assessment. • Sustained focus on delivering reliable, customer-centred experiences contributed to strong advocacy performance during the year, despite ongoing headwinds associated with collections activity, cost-of-living pressures and negative sentiment typically associated with tolling and enforcement- related interactions. • Work continues to progress across major projects while retaining constructive relationships with contractors and relevant state governments. • The West Gate Tunnel in Melbourne opened to traffic in December 2025, the 495 Express Lanes Northern Extension was delivered ahead of schedule and widened sections of the M7 opened to traffic from March 2026 and the entire M7-M12 Integration Project opened in June 2026.
1 For STI purposes, both Proportional EBITDA and Proportional Net Costs excludes non-recurring items, specific major development and legal project spend, transaction and integration costs and the impact of unbudgeted new assets or divestments. FY25 and FY26 Proportional EBITDA and Net Costs consistent with new definition and are non-IFRS measures 2 Refer to the FY26 Sustainability Basis of Preparation for more information on our RIFR boundaries 3 For more detail on GHG targets, methodology, assumptions and dependencies see FY26 Sustainability Data Pack and FY26 Sustainability Basis of Preparation. Note due to methodology changes comparisons to baseline cannot be made
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