#Netherlands #share buyback #Financial Strategy #Universal Music Group #Hilversum

Universal Music Group's New Share Buyback Initiative

Universal Music Group N.V. (UMG), a global leader in music and entertainment, has made a significant announcement regarding its commitment to enhancing shareholder value. The Company has officially kicked off a new share buyback program worth €250 million. This initiative is aimed at repurchasing its own shares in line with the authorization received from its Board of Directors during the annual general meeting held on May 13, 2026.

The decision to initiate this additional buyback comes amid favorable market conditions and reflects UMG's strategic goal to strengthen its financial foundation. The latest program complements prior communications made by the company and further affirms its dedication to returning capital to shareholders. The buyback is set to be executed independently of UMG via an arrangement with a designated broker, ensuring transparency and efficiency in the process. This arrangement entails purchasing shares on several platforms, including the Euronext Amsterdam Stock Exchange and other European exchanges.

Key Details of the Buyback Program

UMG has outlined several key specifics regarding the buyback initiative:

• - The program is expected to run until no later than September 10, 2026.
• - A maximum of 25 million shares are slated for repurchase as part of this initiative.
• - These repurchased shares are intended to fulfill obligations under the Universal Music Group Global Equity Plan established in 2022, which aims to incentivize key employees and reduce the Company’s overall share capital.
• - Notably, the maximum number of shares that may be utilized for equity plan purposes remains unchanged despite this new buyback effort.

Importantly, UMG reserves the right to modify, suspend, or discontinue the buyback program should market conditions or business needs change. This flexibility showcases UMG's vigilant approach to managing its financial strategies in a dynamic market.

Compliance and Market Communication

In accordance with regulatory requirements, the buyback program will adhere to the Market Abuse Regulation (EU) No 596/2014 and related regulations to protect market integrity. These rules provide a framework for executing buybacks within safe harbor provisions, ensuring that UMG communicates its actions transparently to the market.

The Company will consistently update shareholders and the market regarding the progress of the buyback through press releases and on its corporate website, thereby maintaining an open channel of communication.

Forward-Looking Perspective

This strategic financial maneuver, while an immediate focus remains on the buyback, signifies UMG's long-term vision anchored in growth and profitability. The Company recognizes the potential challenges ahead, including competitive pressures and changing industry dynamics, but remains optimistic about its ability to adapt and thrive.

UMG’s management has underscored that, while the current buyback reflects corporate strength, it is also a response to broader market trends and shareholder expectations. They maintain a focus on enhancing the Company’s operational framework and maximizing shareholder returns in the process.

As a major force in the music and entertainment sector, Universal Music Group continues to navigate the complexities of the industry with a balanced approach to investment and shareholder equity. UMG's initiative to repurchase shares not only demonstrates confidence in its market position but also embodies its commitment to a robust financial strategy aimed at future growth.

For further details, stakeholders are encouraged to visit Universal Music Group's official website. Regular updates will be provided to keep everyone informed on the progress of this ambitious share buyback program.