Transurban Corporate Report FY25 Remuneration report
Statutory tables
Dealing in securities In accordance with the Group’s Dealing in Securities Policy, Directors, members of the Executive Committee and their related parties must not enter into hedging arrangements in relation to Transurban stapled securities. In addition, employees who have equity awards under the Group equity plan must not hedge against those equity awards. Directors and employees are also prohibited from entering into margin lending arrangements using Transurban stapled securities as security. Securities held by Executive KMP as at 30 June 2025
Received during the year from equity vesting
Other changes during
the year Balance at end of year 1
Balance at start of year
Current Executive KMP M Jablko
75,521
23,398
—
98,919
H Byrne
65,631
13,284
—
78,915
D Clements 2
108,499
—
(67,522)
40,977
N Green
153
6,328
—
6,481
S Moorfield
24,210
17,925
—
42,135
Former Executive KMP H Wehby
34,557
15,779
NA
NA
LTI performance awards granted in FY25 The FY25 LTI Plan is subject to a four-year performance period over the period from 1 July 2024 through to 30 June 2028. LTI awards were granted in two equal tranches, 50% of the LTI award may vest subject to achieving the relative TSR performance hurdle and 50% of the LTI award may vest subject to achieving the FCF per security performance hurdle. Eligible Executive KMP received LTI performance awards with a grant date of 4 October 2024, except for the CEO and GE Operations with a grant date of 22 October 2024. The relevant values of the grants are as follows: Fair Value of awards at grant date 3
Face Value of awards at allocation date 4
Security price at grant date
Grant date Relative TSR FCF per security
Other KMP
4/10/2024 22/10/2024
5.54 5.68
10.93 10.91
13.10 13.05
12.53 12.53
CEO and GE Operations
The following table shows the number of LTI awards granted to Executive KMP during FY25: Number of performance awards granted 5
Maximum (fair value) value of grant ($) 6
Maximum (face value) value of grant ($) 7
Current Executive KMP M Jablko 8
241,676
2,004,702
3,153,872
H Byrne
76,617
630,941
1,003,683
D Clements
57,463
476,656
749,892
N Green
63,847
525,780
836,396
S Moorfield
65,124
536,296
853,124
Former Executive KMP H Wehby 9
0
0
0
1 Balance at the date of this Report is the same as the balance at the end of FY25 2 D Clements balance at the start of the year is 21 Oct 2024, being the date he became a KMP. 3 Fair value in accordance with AASB 2 – share-based payments 4 Security price as at 1 July 2024 (allocation date) 5 The minimum value of the grant, if the applicable performance measures are not met, is zero 6 Maximum value of the grant has been calculated based on a fair value approach as at the grant date. The fair value considers the probability that the Executive KMP may not derive value from the LTI award, along with other factors, including difficulty of achieving performance hurdles and anticipated security price volatility 7 Maximum value of the grant based on security price at grant date. The maximum LTI opportunity for each Executive KMP is the face value of the award (i.e. the value the Executive KMP would receive if all of their performance awards vested, based on Transurban’s security price at the time the award was granted) 8 M Jablko was granted 241,676 performance awards as part of her 2025 remuneration package as approved at the 2024 Annual General Meeting, under ASX Listing Rule 10.14 9 H Wehby did not receive an LTI award for FY25
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