The Sports World business is set to outline the terms of a new bonus plan for Newcastle United owner Mr Ashley after a previous scheme, which would have delivered a potential £26 million payout, was withdrawn last summer after investors threatened to reject it in a shareholder vote.
Its full-year figures will also be keenly awaited by staff, many of whom are on track to clear another hurdle under their 2011 four-year share incentive bonus scheme.
This comes on top of a lucrative bonus scheme from 2009, which will pay out the second and final tranche of shares to around 2,000 of Sports Direct's 23,000-strong workforce in August. For an employee earning a salary of £20,000 a year in 2009, next month's payout will see them pick up 12,000 shares - worth more than £68,000.
Meanwhile, retailer Mothercare will update on turnaround progress when it publishes first quarter trading figures on Thursday.
During the year to the end of March, Mothercare closed 56 UK stores - reducing its footprint by 7.2% - to leave it with around 196 Mothercare outlets and 59 Early Learning Centre stores. The company is working towards a 200-strong estate by 2015, complemented by a stronger online division.
The cost of the closures drove it to £21.7 million in underlying UK annual losses, although the group said it is on track for a return to UK profitability.
The group has more than 1,300 stores across 61 countries, with nearly 60% of its sales generated outside the UK. It hopes to boost its international expansion, after adding 2.8% more space abroad during the year. Surging international earnings helped the group to improved underlying annual profits of £8.3 million.
Matthew Taylor, analyst at Numis Securities, said Mothercare is likely to report "continued steady progress along the recovery path" at its annual meeting. He said: "The store closure programme should be confirmed as being on track or ahead of the initial plan. We forecast continuing underlying sales growth of about 15% in the international operation, bolstered by new store openings and like-for-like growth."