Creating Stakeholder Value

Tolling reform Evolution of Sydney's toll roads Tolling arrangements across NSW have evolved primarily on a case-by- case basis around specific assets across successive NSW governments Along with government subsidies and toll cashback for some motorists, these varying tolling regimes have led to inequities with certain drivers spending more per kilometre of travel than other users WESTERN MOTORWAY Mal Blacktown Blue Mtns JAMES USE OR Granville Parramatta ROSEHILL WESTERN MOTORWAY Blacktown RACECOURSE M4 Blue Mtns Opportunities for policy reform Cost of living considerations are likely to provide ongoing reliance on cashback and subsidies over the near to medium term Opportunities exist for a longer-term view on how policy reform could support a more efficient road system by balancing a range of stakeholder needs, which may include: consistency of pricing for greater fairness and to reduce customer confusion reducing congestion impacts to support business productivity through travel-time savings while lowering GHG emissions creating a source of sustainable long-term road funding to support infrastructure investment in NSW maximising access to essential infrastructure for all of NSW Transurban remains open to discussions with the NSW Government to determine an optimal outcome for all stakeholders including securityholders, to create fair, more equitable, and efficient roads 1. As identified in the NSW Treasury's Toll Road Pricing and Relief Reform Review 2022. Transurban 27

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