Myer's board could face a 'second strike' against the adoption of its remuneration report and a possible spill motion as disgruntled shareholder Solomon Lew rallys other investors at the department store owner's annual general meeting on Thursday.
Myer received a 33 per cent vote against its remuneration report at its AGM last year, racking up a first strike.
At the AGM, Mr Lew's Premier Investments could use its 15.77 per cent stake in the group to continue his four-year battle against the board.
Veteran funds manager Geoff Wilson's Wilson Asset Management has a 4.5 per cent stake in Myer and it is unclear whether it will support Mr Lew in his attempts to eject Myer directors from the board.
Myer could also provide a trading update to shareholders on its stores across New South Wales and Victoria following the end of the most recent Covid-19 lockdowns.
Shares in Myer Holdings last traded at 56c.
