Transurban Group Strategy Overview

INTANGIBLE ASSETS Transurban Transurban's operating assets are primarily long-life intangible assets (concession assets), as well as assets under construction and goodwill resulting from business combinations Concession assets • • . Represent the Group's right to operate roads under Concession agreements Valued at: - Construction value - Purchase price (concessions purchased as an asset acquisition) - Fair value (concessions purchased as part of a business combination, such as Transurban Queensland) Amortised on a straight line basis over the term of the concession agreement Assets under construction The costs of construction or upgrade works that are not yet complete Excludes construction of WestConnex which is accounted for in equity accounted investments Other intangible assets¹ 2021 ($M) CONCESSION ASSETS ASSETS UNDER OTHER TOTAL CONSTRUCTION² INTANGIBLES Cost 25,093 3,924 130 29,147 Accumulated amortisation (7,666) (250) (54) (7,970) Net carrying amount 17,427 3,674 76 21,177 1. Extract from 30 June 2021 financial statements-note B17. 2. The amortisation charge recorded in assets under construction relates to the component of the West Gate Tunnel Project funded by CityLink, for which funding sources began to be received from 1 July 2019. TRANSURBAN OVERVIEW | AS AT 30 JUNE 2021 29

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