Remuneration report
Remuneration paid to Non-executive Directors
Short-term benefits Fees
Termination benefits 1
Post-employment benefits Superannuation 2
Total
Current Non-executive Directors C Drummond 3 2024
632,601 488,980
27,399 24,433
660,000 513,413
2023
M Birrell 2024
227,027 216,290
24,973 22,710
252,000 239,000
2023
P Cross 3 2024
240,683 212,670
26,336 22,666
267,019 235,336
2023
M Go 4 2024
224,324 203,620
24,676 21,380
249,000 225,000
2023
G Lennon 3 2024
66,810
7,349
74,159
T Reed 2024
224,324 212,670
24,676 22,330
249,000 235,000
2023
S Ryan 4 2024 P Scott 2024
176,126
19,374
195,500
227,027 216,290
24,973 22,710
252,000 239,000
2023
R Whitfield 2024
279,003 261,208
27,399 25,292
306,402 286,500
2023
Former Non-executive Directors T Bowen 5 2024
75,075
1,701
8,258 24,762
85,034 265,000
2023
240,238
J Wilson 6 2024
66,049 212,670
1,483
7,265
74,797
2023
22,330
235,000
Total 7 2024 2023 8
2,439,049 2,264,636
3,184
222,678 208,613
2,664,911 2,473,249
0
1 T he amount of $1,701 for T Bowen comprises a termination benefit (farewell gift on retirement) of $860 and FBT of $841 and the amount of $1,483 for J Wilson comprises a termination benefit (farewell gift on retirement) of $750 and FBT of $733 2 S uperannuation contributions made on behalf of Non-executive Directors to satisfy Transurban’s obligations under applicable superannuation guarantee legislation. Excludes Australian Taxation Office approved exemptions
3 G Lennon commenced as Non-executive Director on 18 March 2024 and the period reported is from that date for FY24 4 S Ryan commenced as Non-executive Director on 1 September 2023 and the period reported is from that date for FY24 5 T Bowen ceased to be a Non-executive Director on 19 October 2023 and remuneration reported is until that date 6 J Wilson ceased to be a Non-executive Director on 18 October 2023 and remuneration reported is until that date
7 T he current maximum aggregate amount approved by security holders in 2023 to be paid as remuneration to all Non-executive Directors is $3,500,000 per year (previously $3,000,000), inclusive of superannuation contributions. The total remuneration paid to Non-executive Directors in FY24 represents approximately 76% (FY23: approximately 89%) of the approved maximum aggregate amount 8 T he total disclosed in the FY23 Remuneration Report ($2,667,085) includes remuneration of former Non-executive Directors, which are excluded from the above disclosure, comprising L Maxsted ($193,836)
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