Directors’ Report
Directors’ meeting attendance The Boards of Transurban Holdings Limited, Transurban Infrastructure Management Limited and Transurban International Limited have common Directors and meetings are held concurrently. The number of meetings of the Board and each Board Committee held during FY24, and the number of meetings attended by each Director, are set out below. The table below excludes the attendance of those Directors who attended Board Committee meetings of which they are not a member, other than the current Chair of the Board whose attendance at all Committee meetings is included below.
Board of Directors
Audit and Risk Committee
Remuneration, People and Culture Committee
Nomination Committee
Board Sub-Committee 1
Attended
Held 2
Attended
Held 2
Attended
Held 2
Attended
Held 2
Attended
Held 2
Craig Drummond (Chair)
14
14
6
6
8
4
4
4
4
9
9
3
3
Michelle Jablko (CEO) 3
Mark Birrell
14
14
6
6
4
4
14
14
7 5
8
4
4
Patricia Cross 4
Marina Go
14
14
8
8
4
4
5
5
1
1
1
1
Gary Lennon 6
Timothy Reed
14
14
8
8
4
4
11
11
3
3
3
3
Sarah Ryan 7
Peter Scott
14
14
6
6
4
4
13 9
14
6
6
7 9
8
4
4
Robert Whitfield 8
4 11
5
2
2
1
1
Terence Bowen 10
4
4
1
1
Scott Charlton 10
4 11
5
2 11
3
1
1
Jane Wilson 10
Distributions The Board determined a distribution of 32 cents per stapled security for the six months ended 30 June 2024 with a payment date of 13 August 2024. This takes the total distribution for FY24 to 62.0 cents per stapled security. Further details of FY24 distributions are provided in Note B9 to the financial statements.
Significant changes in the state of affairs There were no significant transactions or events during the reporting period. Further information is provided in the financial statements.
Events subsequent to the end of the financial year Other than as disclosed in the financial statements, there has not arisen in the interval between the end of the financial year and the date of this report any matter or circumstance that has significantly affected, or may significantly affect, the Group’s operations, the results of those operations, or the Group’s state of affairs, in future years.
1 A number of Board Sub-Committees were formed during the year for special purposes 2 N umber of meetings held during the year at which the Director was a member of the Board or respective Committee. Details of current Committee membership are set out in pages 74–75 3 M Jablko was appointed as Chief Executive Officer and Managing Director with effect from 19 October 2023 4 P Cross was appointed as Chair of the Remuneration, People and Culture Committee with effect from 19 October 2023 5 Reflects an unscheduled meeting held before P Cross was appointed Chair of the Remuneration, People and Culture Committee where she was unable to attend due to a prior commitment 6 G Lennon was appointed as a Director, member of the Audit and Risk Committee and member of the Nomination Committee with effect from 18 March 2024 7 S Ryan was appointed as a Director and member of the Nomination Committee with effect from 1 September 2023, and member of the Remuneration, People and Culture Committee with effect from 1 March 2024 8 R Whitfield was appointed as Chair of the Audit and Risk Committee with effect from 19 October 2023 9 R eflects unscheduled Board and Remuneration, People and Culture Committee meetings held on the same day where R Whitfield was unable to attend due to a prior commitment. R Whitfield was no longer Chair of the Remuneration, People and Culture Committee at this time 10 T Bowen and S Charlton ceased to be Directors on 19 October 2023 and J Wilson ceased to be a Director on 18 October 2023 11 Reflects an unscheduled meeting where the Director was unable to attend due to a prior commitment
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