5 questions lodged at 2026 Scentre Group (SCG) hybrid AGM

Q1. When did we last tender the external audit and when are we next scheduled to tender the audit?

Answer: The chair Ilana Atlas gave a long-winded answer which made it sound like EY has never faced an audit tender since Scentre Group was created in 2014 and there is no plan to even hold a tender in the foreseeable future. She made a big deal of EY serving up 4 different signing partners over the past 12 years, including the latest one who has just started. Not good, especially considering the EY relationship with Westfield and Lowys goes back more than 30 years. Watch video of exchange via Twitter.

Q2. Mike Wilkins has spent the past 30 years being either CEO or chair of 6 different ASX-listed insurance companies - Tower, Promina, IAG, Medibank, QBE and AMP. Why is the insurance specialist sitting on the Scentre board, is he intending to serve a full 3 year term and has he ever sat on any other boards where he wasn't the chair or CEO at some point? How does he cope at Scentre board meetings not being in charge of proceedings?

Answer: The chair Ilana Atlas waxed lyrical about how great Mike Wilkins was but then failed to give him a chance to answer the question. Stop hogging the microphone, Ilana! Watch video of exchange via Twitter.

Q3. Could the CEO summarise his past LTI grants as to whether they have vested or lapsed and whether he has ever sold any ordinary shares in the company. Please don't say look it up in the annual report and through ASX announcements, as you did two years ago. It's complicated and the CEO could factually summarise the situation in 60 seconds. Dozens of other CEOs have happily done this so please invite Elliott to do likewise.

Answer: Despite reframing this question to make it harder for chair Ilana Atlas to block CEO Elliott Rusanow from answering, she still did it, which was ridiculous, particularly given this impressive earlier detailed answer Elliott gave to a remuneration question from David Kingston. Watch video of exchange via Twitter.

Q4. Thank you for offering shareholders a hybrid AGM this year and will you commit to keep doing this in future years to maximise shareholder participation? Thanks also for following the agenda, something Mike Wilkins didn't do as QBE chair, instead calling for questions on all items of business as one job lot. Also, when disclosing the outcome of voting on all resolutions today, including this important remuneration report item, could you please advise the ASX how many shareholders voted for and against each item, similar to what happens with a scheme of arrangement? I don't understand why you keep rejecting this request when the likes of Stockland, ARB Group, Qantas, ASX, Metcash, Tabcorp, Suncorp, Myer and even our own share registry provider Computershare (see full list) have got with the program and embraced this practice in recent years. You've got the data, so why not let the sun shine in?

Answer: The chair Ilana Atlas didn't rule out delivering head count data but no doubt will resist again, given her record. Watch video of exchange via Twitter.

Q5. Our former long-serving CEO Peter Allen went to the other side of the landlord-tenant table last year when he was appointed chair of Coles Group? Do any of our personnel deal directly with Peter on leasing or any other matters, or as chair of Coles, does he remain above the fray? Where does Coles Group rank in terms of our largest tenants? Are they bigger than Woolworths, Myer and Wesfarmers? Who is our biggest tenant and do any of our major tenant chairs get involved in leasing discussions?

Answer: The chair Ilana Atlas and CEO Elliott Rusanow both contributed to this answer and it was made clear that no-one deals with Coles chair Peter Allen on leasing matters. Watch video of exchange via Twitter.

Copyright © 2026 The Mayne Report. All rights reserved

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