4 questions lodged at 2025 Eagers Automotive hybrid AGM

May 28, 2025

Below is the text of the 4 written questions submitted at the Eagers Automotive hybrid AGM held on May 28, 2025 in Brisbane and via the Computershare platform. Proxies were disclosed early with the formal addresses. Market cap was $4.6 billion on AGM day.

Q1. Could largest shareholder Nick Politis please comment on his current time frame in terms of retirement from this board and does he have any family members who work for Eagers Automotive or could get involved in the future when he retires?

Q2. How much has the enormous brand damage that Elon Musk has caused for Tesla helped us, particularly given the emerging BYD relationship, and could the CEO see the day when Tesla might become a partner of ours, rather than selling direct.

Q3. Now that our market cap has hit $4.6 billion, does the CEO believe we're close to reaching a point where acquisitions of new dealerships in certain geographies could have ACCC issues? In which 2 Australian cities do we have the highest market share and where are we geographically weakest in Australia?

Q4. Thank you for disclosing the proxy position early to the ASX along with the formal addresses. There was an 11% protest vote against this remuneration report and the CEO's incentive grant. Which of the proxy advisers recommended against and what concerns did they raise?

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4 questions lodged at 2025 Eagers Automotive hybrid AGM

May 28, 2025

Below is the text of the 4 written questions submitted at the Eagers Automotive hybrid AGM held on May 28, 2025 in Brisbane and via the Computershare platform. Proxies were disclosed early with the formal addresses. Market cap was $4.6 billion on AGM day.