4 questions lodged at 2024 Guzman Y Gomez hybrid AGM

Q1. Thank you for disclosing the proxy position to the ASX at 1.34pm today, 26 minutes before your debut AGM commenced. Well done for also offering a hybrid AGM to maximise participation. In terms of this remuneration report item, which of the 5 proxy advisers in the Australian market - ACSI, Ownership Matters, Glass Lewis, ISS and ASA - issued a report ahead of our meeting and did any of them recommend a vote against the rem report, or any other resolutions. How did you find the proxy adviser engagement process and did they have any remuneration suggestions that we will take up?

Answer: ISS recommended against rem but weren't available to talk it through. Watch video of exchange via Twitter.

Q2. In terms of the Australian operation, how many enterprise agreements with unions does our company have across the business and are we worried about these ongoing proposed changes to industrial relations law by the Federal Government such as the right to disconnect and "same job, same pay" rules. JB Hi Fi and Domino's both said at recent AGMs that they pay award wages, have no enterprise agreements and virtually non-existent union membership amongst its workforce. Is our situation the same?

Answer: The chair handed this one to the CFO. Watch video of exchange via Twitter, including this final flourish where he stressed the corporate stores have no union deals..

Q3. How many shareholders are eligible to vote today? When disclosing the outcome of voting on all resolutions today, could you please advise the ASX how many shareholders voted for and against each item, similar to what happens with a scheme of arrangement? This will provide a better gauge of retail shareholder sentiment on all resolutions and insight into the chronically low retail shareholder participation rate. Others have already blazed the trail as this was a voluntary disclosure initiative adopted by the likes of Qantas, ASX, Metcash, AUI, Webjet, Suncorp, Tabcorp and Myer in recent years. You've got the data, so why not let the sun shine in?

Answer: The chair... Watch video of exchange via Twitter.

Q4. Well done for breaking the IPO drought and delivering such spectacular returns so far for shareholders. Could the chair and CEO please comment on the aspects of being listed that they have most enjoyed and are there any aspects they find annoying?

Answer: The CEO and co-founder Steve Marks didn't say anything dramatic and chair Guy Russo took the opportunity to heap praise on Steve Marks.

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