2022 Corporate Report

Corporate Report for the year ended 30 June 2022

Introduction and overview

Business performance

Governance and risk

Directors’ report

Remuneration report

Financial statements

Sustainability supplement

Security holder information

Road safety

Our approach Transurban’s Road Safety Strategy is based on the best-practice Safe System Approach that recognises road safety as a shared responsibility—including the individuals and businesses who use the roads and those building and managing road networks. We are aligned with World Health Organisation (WHO) targets and UN SDGs to address road safety risks. We champion road safety by: • implementing targeted and evidence-led safety initiatives • using proven and innovative technology to reduce incident risk • providing 24/7 monitoring and incident- response services • supporting and conducting ongoing research into diverse road safety issues • delivering tailored community education programs.

Our operations

21 assets in operation

~1,000 incidents managed per week 1

We’re always working towards our ultimate target of zero fatalities and life-changing injury crashes on our roads. We track our performance using a Road Injury Crash Index (RICI)—the number of serious injury crashes per 100 million vehicle kilometres travelled (VKT) on our roads. In FY22, we achieved a RICI of 3.78, 11% lower than our target RICI of no more than 4.25 (Figure 7). During the government-mandated COVID-19 travel restrictions in the first half of FY22, traffic numbers on our roads fell—and so did crash numbers, from 286 in FY21 to 246 in FY22. We continued to identify and implement initiatives to reduce common crash types on our roads (see below). Most crashes on our roads result in no injury to the occupants involved. Pandemic-related restrictions on travel also contributed to declining rates of rear- end crashes—the most common crash type on our roads—owing to reduced congestion. Over the past three years, improved data insights and a range of interventions have been introduced to address rear- end crashes at hot spots, including speed management using variable speed limit signs and advanced congestion warning. These measures have contributed to a reduction in rear-end crashes, down from 50% in FY20 to 40% in FY22. Our road safety performance has been independently assessed in line with the International Road Assessment Program (iRAP) and by the Australian Road Research Board, who found 91% of travel on our roads to be four-star or better, exceeding the national road safety target of 90% for national highways. Research from the Monash University Accident Research Centre (MUARC) has also found that our roads in Australia are up to twice as safe—and have significantly fewer injury crashes—than like roads. 4

330+ kilometres of roads

$97M invested in maintenance 2

5,000+ CCTV cameras on our roads 1

Figure 7: RICI performance FY18–FY22

4.82 4.71




Road safety is a part of our Social Licence Framework. Read more on page 43

Eyes on the road Our extensive roadside technology capabilities—including control-room observations, CCTV and road sensors— ensure we can quickly identify and respond to incidents, helping keep our roads safer for all our customers. In Brisbane, we’re continuing to consolidate our four traffic control rooms into one state-of-the-art traffic control centre. This centre will ultimately monitor our entire 81-kilometres of roads, tunnels and bridges. In FY22, the Legacy Way tunnel was brought into this centralised control centre, which will use artificial intelligence technology to automatically identify incidents and congestion, and alert operators. In Melbourne, work commenced in June 2022 on a major makeover for the Burnley Tunnel. Works will improve traffic flow and include installing Australian-first and state- of-the-art pacemaker lighting to encourage drivers to maintain a consistent and safe speed.

FY18 FY19 FY20



Our safety performance The three most common crash types on our roads are: 3 40% of crashes Rear-end Associated with congestion and driver distraction 16% of crashes Out of control Associated with speed and usually single car

Merging/side swipe Associated with late exiting, inattention around trucks, and merging with on-road traffic

10% of crashes

 Read more on our Insights Hub , insights.transurban.com

 We’re making every journey a safer one. Watch our campaign, transurban.com/roadsafety

1 In Australia 2 F Y22 maintenance cash spend on controlled entities at 100% 3 Incident types on Transurban roads in FY22. Based on sample data taken from across our markets 4 Monash University Accident Research Centre (MUARC), 2021


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