DIRECTORS’ REPORT Your directors present their report on the consolidated entity consisting of Myer Holdings Limited ABN 14 119 085 602 (the Company or Myer) and the entities it controlled (collectively referred to as the Group) at the end of, or during the financial period ended 28July2018. 1 . DIRECTORS The following persons were directors of the Company during the financial period and/or up to the date of this Directors’ Report: Director Position Date appointed Garry Hounsell* Independent non-executive director 20 September 2017 Deputy Chairman from 20 September 2017 Chairman from 24 November 2017and from 4 June 2018 Executive Chairman from 14 February 2018 to 3 June 2018 John King CEO and Managing Director 4 June 2018 Anne Brennan Independent non-executive director 16 September 2009 Ian Cornell Independent non-executive director 6 February 2014 Chris Froggatt Independent non-executive director 9December 2010 Julie Ann Morrison* Independent non-executive director 17 October 2017 JoAnne Stephenson Independent non-executive director 28 November 2016 Bob Thorn Independent non-executive director 6 February 2014 Dave Whittle Independentnon-executive director 30 November 2015 Paul McClintock AO Chairman from 10 October 2012 8 August 2012 Independent non-executive director Richard Umbers CEO and Managing Director 2 March 2015 *As part of approving this Directors’ Report,the Board (other than the relevant director) determined that these directors hadresumed being independent. Paul McClintock AO and Anne Brennan each retired from the Board with effect from 24 November 2017. Richard Umbers stepped down from his role as Chief Executive Officer and Managing Director on 14 February 2018. All directors other than Mr Hounsell, Mr King, Ms Brennan, Ms Morrison, Mr McClintock AO and Mr Umbers served as directors of the Company for the whole financial period and until the date of this Directors’ Report. Details of the qualifications, experience, and special responsibilities of each current director are as follows. GARRY HOUNSELL JOHN KING Chairman Chief Executive Officer & Managing Director • Independent Non-Executive Director • Member of the Board since 4 June 2018 • Member of the Board since 20 September 2017 John was appointed CEO & Managing Director in June 2018. In this role, John has overall accountability for Myer financial • Chairman from24 November 2017and from 4 June 2018 performance and strategy and will oversee the refocusing of the Executive Chairman from 14 February 2018 to 3 June 2018 Myer business. John brings to the role more than 30 years’ retail • experience in merchandising and management roles across a • Chairman –Nomination Committee variety of retail sectors, including department stores, value retail and wholesale apparel. • Member –Human Resources and Remuneration Most recently John King led the successful turnaround of House Committee of Fraser from 2006 -2015. During his tenure he improved the Garry has been Chairman of Spotless Holdings Limited, product differentiation, decreased debt, improved EBITDA and PanAust Limited and eMitch Limited and Deputy Chairman of repositioned the business as one of the leading premium Mitchell Communications Group Limited. He has also been a department stores in the UK. Director of Qantas Airways Limited, Orica Limited, Nufarm He has also successfully led Matalan from 2003 -2006, an Limited, Integral Diagnostics Limited and Dulux Group Limited. apparel and housewares retailer based in the UK. In this role, Garry was also a Director of the Burnet Institute Limited and John launched new brands, opened 20 new stores and Methodist Ladies’ College Limited. He was an Advisory Board successfully sold the company back to the founder. He started member of PanAust Limited and Rothschild Australia Limited. his career at Sainsbury’s and also worked for Marks & Spencer Garry is a former Chief Executive Officer and Country Managing before taking senior roles in the manufacturing and wholesale Partner of Arthur Andersen and a Senior Partner of Ernst & sector in the UK andthe USA. Young. He is a Fellow of Australian Institute of Company Directors and a Fellow of Chartered Accountants Australia and New Zealand. Garry resides in Victoria. Other current directorships Garry is the Chairman of Helloworld Travel Limited and a Director of Treasury Wine Estates Limited. He is also a Director of Commonwealth Superannuation Corporation Limited. Myer Annual Report 2018 13