#Netherlands #Amsterdam #Universal Music Group #Vincent Vallejo #2025 AGM

Universal Music Group's Annual Report 2024

On March 27, 2025, Universal Music Group N.V. (UMG) announced the publication of its 2024 annual report and outlined the agenda for its upcoming 2025 annual general meeting (AGM) of shareholders. The AGM is scheduled to be held on May 14, 2025, at 2:00 PM CEST in Amsterdam, Netherlands.

Key Highlights of the 2024 Annual Report

the report provides an overview of UMG's financial performance and strategic initiatives undertaken during the previous year. Notably, the report has been filed with the Dutch Authority for the Financial Markets in the European Single Electronic Format (ESEF).

During the AGM, shareholders will deliberate on the proposed re-appointment of Vincent Vallejo as Executive Director for a term of one year. Additionally, the nominations of Sherry Lansing, Haim Saban, and Luc van Os as Non-Executive Directors for two-year terms are up for approval.

Important Voting Items

The 2025 AGM agenda includes several critical voting items:

• - An advisory vote on the 2024 remuneration report.
• - Adoption of the 2024 financial statements.
• - Approval of the proposed dividend distribution.
• - Discharge of both the Executive and Non-Executive Directors.
• - Adoption of a revised Executive Directors' Remuneration Policy.
• - Authorization for the Board to repurchase and cancel shares.

These decisions are crucial, as they directly impact UMG's governance and overall business trajectory moving forward into 2025.

UMG's Position in the Music Industry

UMG remains a powerhouse in the global music industry, where it shapes culture through music and artistry. With a diverse portfolio that includes recorded music, music publishing, merchandising, and audiovisual content, UMG leads the way in developing and promoting artists in various genres.

The company prides itself on having one of the most extensive catalogs of recordings and songs, which positions it at the forefront of the market. UMG's commitment includes creating innovative opportunities and experiences not only for artists but also for fans worldwide.

Looking Ahead

As UMG navigates the challenges and opportunities within the music industry, it emphasizes innovation in its services and platforms. The continual adaptation to emerging technologies and market trends is seen as essential to maintaining its competitive edge. The management team remains optimistic about future growth, focusing on fostering artistic development and expanding commercial opportunities.

For further details, the complete agenda for the 2025 AGM and the full 2024 annual report are available for review on the company’s investor relations website at https://investors.universalmusic.com.

UMG cautions that while forecasts are based on reasonable assumptions, actual results could differ due to several factors outside of its control, emphasizing the unpredictability that comes with the industry.

As the date approaches for the AGM, stakeholders and investors will keenly observe how these discussions unfold and affect UMG’s strategic roadmap.