Lendlease Annual Report 2024

86 Lendlease Annual Report 2024 Other Statutory Disclosures FY24 Executive Statutory Remuneration A$’000 1 Short term benefits Post- employment benefits Security Based Payments 2 Name Year Cash salary 3 STA cash 4 Non monetary benefits 5 Super- annuation 6 Other long term benefits 7 Sub- Total LTA Deferred STI Termi- nation benefits Total % Performance Based 8 Current Executives Anthony Lombardo 2024 1,782 - 111 35 29 1,957 271 454 - 2,682 27% 2023 1,788 405 111 33 29 2,366 952 450 - 3,768 48% Dale Connor 2024 1,182 - 27 34 19 1,262 328 373 - 1,963 36% 2023 1,187 329 25 31 19 1,591 918 380 - 2,889 56% Simon Dixon 2024 972 - 26 27 16 1,041 (35) 267 - 1,273 18% 2023 975 250 22 25 16 1,288 422 279 - 1,989 48% Justin Gabbani 2024 950 - 67 - - 1,017 3 324 - 1,344 24% 2023 912 299 23 - - 1,234 361 306 - 1,901 51% Claire Johnston 2024 1,273 - 101 - - 1,374 188 310 - 1,872 27% 2023 805 165 173 - - 1,143 378 271 - 1,792 45% Frank Krile 2024 973 - 37 30 16 1,056 (25) 235 743 9 2,009 10% 2023 975 200 (36) 28 16 1,183 294 305 - 1,782 45% Andrea Ruckstuhl 2024 950 - 997 10 - - 1,947 212 93 - 2,252 14% Total 2024 8,082 - 1,366 126 80 9,654 942 2,056 743 13,395 22% 2023 6,641 1,647 318 118 79 8,805 3,324 1,990 - 14,121 49% 1. 2024 remuneration is reported in AUD based on the 12 month average historic foreign exchange rates for FY24 (rounded to two decimal places): SGD 0.88 (applied to Justin Gabbani), USD 0.66 (applied to Claire Johnston), EUR 0.61 (applied to Andrea Ruckstuhl Jul to Sept 2023 payments) and GBP 0.52 (applied to Andrea Ruckstuhl Sept 2023 to June 2024 payments). 2023 remuneration is reported in AUD based on the 12 month average historic foreign exchange rates for FY23 (rounded to two decimal places): SGD 0.91 (applied to Justin Gabbani), USD 0.67 (applied to Claire Johnston). 2. Security based payments reflect the accounting expense on a fair value basis. Security based payments are issued either as indeterminate rights and performance rights or as deferred securities. LTI/LTA includes the accounting expense for the RSA. These relate to securities granted in prior years. 3. Includes the payment of cash allowances such as motor vehicle allowance and the value of the distribution amounts paid as cash on the RSA. 4. Reflects 50 per cent of the FY23 STA that is paid as cash in September 2023. 5. Non monetary benefits may include items such as car parking, relocation and expatriate benefits (such as house rental, health insurance, shipping of goods and tax return preparation), motor vehicle costs, travel benefits and annual leave. 6. Superannuation includes the value of insurance premiums funded by Lendlease for Australian Executives who are members of the Lendlease default superannuation fund. 7. Other Long Term Benefits represents the accrual of long term leave entitlements (e.g. long service leave). 8. Performance based includes STA Cash, LTA and Deferred STI, relating to years other than FY24. 9. Frank Krile ceased to be KMP 30 June 2024 and exited by redundancy 31 July 2024. Termination benefit received is comprised of a Payment in Lieu of Notice and an additional restraint payment, paid in FY25, expensed in FY24. 10.Includes grossed up relocation costs covering Andrea Ruckstuhl and his family's relocation from Italy to London (covering a one-off housing lump sum, school fee support, tax and immigration advice, relocation and shipping costs and insurances).