#Netherlands #Amsterdam #Universal Music Group #UMG #Vincent Vallejo

Universal Music Group's 2024 Annual Report and 2025 AGM Agenda

Universal Music Group N.V. (UMG) has recently released its annual report for 2024, along with the agenda for the upcoming annual general meeting (AGM) scheduled for May 14, 2025, in Amsterdam. This provides shareholders with insights into the company's performance and future plans.

Key Highlights of the 2024 Annual Report

The report includes crucial data covering UMG's financial standing, operational achievements, and overall market position. UMG continues to maintain its status as a leader in music-based entertainment, reflecting a solid growth trajectory in recorded music, music publishing, and audiovisual content markets. The annual report details UMG's commitment to artistry and innovation, outlining how it plans to expand opportunities for its artists while enhancing listener experiences.

Agenda for the 2025 AGM

At the forthcoming AGM, shareholders will vote on several important matters:

• - Re-appointments: The board proposes the re-appointment of several key members, including Vincent Vallejo as Executive Director for another year and Sherry Lansing, Haim Saban, and Luc van Os as Non-Executive Directors for a two-year tenure.
• - Financial Decisions: The AGM will feature discussions on the adoption of the 2024 financial statements, an advisory vote on the 2024 remuneration report, and a dividend proposal.
• - Revised Policies: Shareholders will also consider a new Executive Directors' Remuneration Policy aimed at aligning director compensation with company performance, along with a mandate allowing the Board to repurchase and cancel shares.

Financial Transparency and Reporting

UMG's annual report has been submitted to the Dutch Authority for the Financial Markets in an electronic format that complies with European standards. This adherence to transparency and regulatory standards reinforces UMG's commitment to its shareholders and stakeholders.

About Universal Music Group

As a powerhouse in the global music industry, Universal Music Group specializes in fostering talent and delivering exceptional musical experiences. By working with a diverse range of artists, UMG combines its commitment to cultural innovation with modern business practices, ensuring it continuously adapts to the changing landscape of the music industry. The company’s extensive catalog spans a variety of musical genres, supporting both new and established artists.

For further information on UMG and its initiatives, visit Universal Music Group. The 2024 annual report is now accessible on the company’s investor relations page, allowing shareholders to stay informed about the company’s progress and future direction.

Looking Ahead

With the AGM approaching, UMG is set to face several pivotal decisions that could shape its future. The re-appointments of key members and the introduction of revised remuneration policies are particularly telling of the company’s strategic direction — one that aims to bolster long-term growth while remaining responsive to the rapidly evolving music landscape.

As UMG gears up for this pivotal meeting, stakeholders and music enthusiasts alike will be watching closely to see how these developments unfold and what they might mean for the future of music entertainment.