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Transurban Group (TCL) investor relations material

Transurban Group AGM 2025 summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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AGM 2025 summary8 Oct, 2025

Opening remarks and agenda

  • Meetings for three entities opened with acknowledgment of traditional owners and community engagement initiatives, including First Nations Driver Programmes.

  • Meetings scheduled for 8 October 2025 at 11:00 am AEDT, held both in person at Melbourne Convention and Exhibition Centre and online, with security holders welcomed and hybrid participation procedures outlined.

Board and executive committee updates

  • Board includes Chair Craig Drummond, CEO Michelle Jablko, and several non-executive directors; introduction of directors and company secretary.

  • Marina Go and Dr. Sarah Ryan standing for re-election as non-executive directors.

  • Michael Wright appointed as non-executive director, joining in November; Peter Scott retiring after significant service.

Financial performance review

  • Proportional toll revenue rose 5.6% to $3.7 billion, with operating EBITDA up 7.4% and margin improvement of 140 basis points.

  • Operating costs held flat at $947 million; free cash (excluding capital releases) increased 7.6% to over $2 billion.

  • $2.02 billion in gross distributions to security holders.

  • 2.5 million average daily trips, 2.2% increase in average daily traffic, 11.3 million customers, and 3.1 million Linkt app users.

  • 479,000 hours in workday travel-time savings and Net Promoter Score improved by 12 points.

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Frequently asked questions

Transurban Group develops, operates, manages, and maintains toll road networks in Australia and the United States. The company operates in three segments: Major Roads, Eastern Roads, and Cross River Rail. Its major roads business manages operations of nine major metropolitan toll roads that connect Brisbane with cities to the south and east; Sydney with cities to the south and west; Melbourne with Geelong and towns along the Great Ocean Road; Newcastle with the Central Coast to its north; Gold Coast with Brisbane to its north; Perth with Bunbury to its south; Adelaide with Melbourne to its east; and Tweed Heads with Brisbane to its north. The company's eastern roads business manages operations of two major metropolitan toll roads in New South Wales, comprising the M2 Motorway from Westlink M7 to Epping and the Pacific Motorway from Tuggerah Lakes To Mountains Motorway in northern coastal New South Wales. The company is based in Malbourne, Australia.

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