FORWARD FOCUS IN TIMES OF CHANGE Who we are Average member age Cbus has a proud history as 2019 – 39 one of Australia's first industry 39 2020 – 39 super funds. We were formedin 1984, when building and construction workers won the right to superannuation. Number of employers Today, we have grown into a leading industry super fund. We are open to 171,305 2019 – 146,750 all and are the leading fund for buildingand construction workers and a 2020 – 157,668 fund for workers insimilar industries up by 8.6% such as transport, utilities, mining and manufacturing. Total members with balance Our members are the foundation and future of our fund. They trust us 760,956 to look after their retirement savings, 2019 – 741,483 making sure it’s there when they need 2020 – 758,204 it by investing it wisely and responsibly. up by 0.4% We provide them with affordable personal insurance for financial protection for them and their Total funds under management families during their working lives. $65.6 We help them make informed decisions b 2019 – $52.6b to create financial security for their 2020 – $54.2b retirement by offering advice and up by 21 education. We’re driven to maximise % returns, with all profits going to members, not to shareholders. Retirement Readiness Index1 % of active members Our products and services, our investment approach and our 67.2% that have reached insurances are specifically tailored adequate savings to our members, their employers and (as at June 2020). the environments in which they work. We invest our members’ retirement savings in different types of assets The impact of COVID-19 has likely had a detrimental affect on the indexfor the long-term. We also invest result for FY20. For more information about our Retirement Readiness Index please see page 30. directly in the building and construction industry through our wholly owned subsidiary, Cbus Property. This adds Retirement Outcome Measure % of active members to the returns of our fund, creates with projected retirement jobs and contributes to the economic 52% balances on or above activity of the industry in whichour members and employers work. the target of $240,000 (as at June 2021). 1 2019 RRI was incorrectly reported at 70.1% and the correct 2019 RRI result should have been 64.6%. This revised result has been verified by an external actuarial consultant. The error resulted from overstated contribution for a group of new members. With 2020 and future years results, additional checks and processes have been established to ensure quality of calculations. A new metric known as the Retirement Outcome Measure or ROM will replace RRI in the future. For more information about ROM, refer to page 30. 8 Annual Integrated Report 2021