This is Transurban's Corporate Governance Statement for the year ended June 30, 2024. The Board is accountable to security holders for Transurban's performance and has a Charter outlining its roles and responsibilities. The Board has established committees including the Audit and Risk Committee, the Remuneration, People and Culture Committee, and the Nomination Committee. The Board consists of ten Directors, including nine independent Non-executive Directors and one executive Director (the CEO). The Board adopted a FY24 Board gender diversity target of 40:40:20. The Nomination Committee assists with Board appointments and succession planning, using a Board skills matrix to identify gaps. The Board assesses the independence of Directors annually. Directors have unrestricted access to management and independent professional advice. The Company Secretary is directly accountable to the Board on governance matters. New Directors participate in an induction program covering various aspects of Transurban's operations. The Board and its Committees periodically review their structure and membership. The Board undertakes performance reviews of individual Committees and Directors. Performance reviews are also conducted for the CEO and Senior Executives. Non-executive Directors receive fees but no variable remuneration or retirement benefits. The remuneration of the CEO and Senior Executives includes fixed remuneration, short-term incentives, and long-term equity-based incentives. Transurban's values are integrity, collaboration, accountability, ingenuity and respect. Transurban has a Code of Conduct and other policies to ensure ethical behavior. Transurban has a Whistleblower Policy to protect those who report unethical behavior. Transurban does not make political donations in Australia. Transurban has a policy regarding dealing in securities to prevent insider trading. Transurban is committed to building a diverse workforce and has diversity and inclusion objectives. Transurban lodged its Workplace Gender Equality Report as at March 2024. The Board is committed to sustainability and aligns with the United Nations Sustainable Development Goals (SDGs). Transurban has a Human Rights Policy and published its FY23 Modern Slavery Statement. Transurban seeks to conduct business with suppliers who have shared values and environmental sustainability. The Audit and Risk Committee oversees financial reporting, internal control, and risk management. The External Auditor's independence is monitored by the Audit and Risk Committee. Transurban has policies restricting the provision of non-audit services by the External Auditor. Transurban has a Continuous Disclosure Policy to ensure timely and balanced disclosure of information. Transurban places great importance on engaging with its security holders and providing them with appropriate information. Transurban has implemented an Enterprise-wide Risk Management (ERM) Framework. Internal Audit provides independent assurance and advice on Transurban's systems and processes.