External broker reports(aggregated public sources), Canaccord Genuity

Canaccord Genuity

Canaccord Genuity Group Inc. is a leading independent investment bank with operations in North America, UK & Europe and Asia-Pacific. Canaccord Genuity Group Inc. is a leading independent, full-service financial services firm. Content available is external broker reports authored by a third party outside the Smartkarma network and has been aggregated by an online aggregator through publicly available sources and is displayed by Smartkarma in this format for user's convenience and general informational purposes only. Content does not constitute investment or financial advice and Smartkarma makes no representation or warranty regarding its accuracy or contents. Original third party author retains all copyright and other proprietary rights in the content. Access or use of third party links not controlled by Smartkarma are at the user's own risk.

External broker reports(aggregated public sources)

Equity Bottom-Up

<ul><li>Today’s Explanatory Memorandum fleshed out some important information (cash flow reconciliation, Apparel Brands P&amp;L detail, MYR margin/mix disclosures) ahead of the shareholder vote scheduled for 23 January 2025.</li><li>The Independent Expert report considers the acquisition of Premier Investments' Apparel Brands business to be fair and reasonable, having contemplated factors like competition and changing market dynamics.</li><li>The EPS accretion and valuation assessments were within the realms of our thinking and we consider there to be limited new material financial information.</li></ul><p><em>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.</em></p>

Today’s Explanatory Memorandum fleshed out some important information (cash flow reconciliation, Apparel Brands P&amp;L detail, MYR margin/mix disclosures) ahead of the shareholder vote scheduled for 23 January 2025.The Independent Expert report considers the acquisition of Premier Investments' Apparel Brands business to be fair and reasonable, having contemplated factors like competition and changing market dynamics.The EPS accretion and valuation assessments were within the realms of our thinking and we consider there to be limited new material financial information.Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

Myer Holdings Limited - It's a Fair Deal (And a Good Deal)