Ann: Trading Update, page-78

'Margin Call' in 'The Weekend Australian' of 4-5 March 2023 states:

"...Five years is a long time, and for much of the past year it’s been difficult not to notice King’s lengthy stays in the US where his wife resides.

King remains on a rolling contract at Myer, which is set to unveil its results on March 9. If there’s even a skerrick of truth to the speculation, his contract requires that he give 12 months notice on either side.

In order to qualify for lucrative performance rights issued for the 2021 financial year, King must still be at Myer on January 31. Funny, too, that the date was brought forward and revealed to the market six weeks ago by the JoAnne Stephenson-chaired Myer board.

Is there an exit in the works here? Normally we would shrug off these mere coincidences. But then there’s King’s serviced executive apartment at Melbourne’s Freshwater Place, which is slated to be advertised as available from October 1. We imagine this means he may no longer require it. That would certainly allow him to spend the second half of his notice period offshore assisting with any transition. We’ll know soon enough if we’re right.."