Myer (MYR) EGM 2025 summary

Opening remarks and agenda

• Meeting commenced with safety instructions and a welcome from the Executive Chair, outlining the agenda focused on the proposed combination with Apparel Brands.

• Acknowledgement of traditional land custodians and confirmation of interactive participation and voting procedures for shareholders.

• Quorum confirmed, meeting formally opened, and Notice of Meeting taken as read.

Specific resolutions to be voted on

• Sole resolution: approval of the combination between Myer and Apparel Brands, with voting by poll.

• Resolution involves issuing 890.5 million shares to Premier Investments Limited for the acquisition of Apparel Brands.

• Premier Investments Limited excluded from voting due to conflict of interest.

Board and executive committee updates

• Board and executive team introduced, including directors, CFO, company secretary, and senior executives from both companies.

• Independent directors unanimously recommend the combination, citing enhanced scale, capabilities, and shareholder value.