UNIVERSAL MUSIC GROUP N.V. ANNOUNCES RESIGNATION OF CYRILLE BOLLORÉ FROM ITS BOARD OF DIRECTORS

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Universal Music Group (OTC:UNVGY) announced that Non-Executive Director Cyrille Bolloré has resigned from its Board of Directors, effective immediately. The resignation comes as Mr. Bolloré aims to focus on his responsibilities at the Bolloré Group. Despite his departure, Mr. Bolloré maintains strong support for UMG's management team and strategy. The UMG Board expressed gratitude for his contributions to the company.

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HILVERSUM, Netherlands, July 28, 2025 /PRNewswire/ -- Universal Music Group N.V. (EURONEXT: UMG) announced that Non-Executive Director Cyrille Bolloré notified the company of his resignation from its Board of Directors with immediate effect to focus his time and energy on the Bolloré Group.  Mr. Bolloré remains strongly supportive of UMG's management team and strategy. The UMG Board is very grateful for Mr. Bolloré's contributions to the Company.
 
About Universal Music Group
At Universal Music Group, we exist to shape culture through the power of artistry. UMG is the world leader in music-based entertainment, with a broad array of businesses engaged in recorded music, music publishing, merchandising, and audiovisual content. Featuring the most comprehensive catalogue of recordings and songs across every musical genre, UMG identifies and develops artists and produces and distributes the most critically acclaimed and commercially successful music in the world. Committed to artistry, innovation, and entrepreneurship, UMG fosters the development of services, platforms, and business models in order to broaden artistic and commercial opportunities for our artists and create new experiences for fans. For more information, visit www.universalmusic.com.
 
Cautionary Notice
This press release is published by Universal Music Group N.V. and contains inside information within the meaning of article 7(1) of Regulation (EU) No 596/2014 (Market Abuse Regulation).

FAQ

Why did Cyrille Bolloré resign from Universal Music Group's board in July 2025?

Cyrille Bolloré resigned from UMG's board to focus his time and energy on the Bolloré Group.

When did Cyrille Bolloré's resignation from UNVGY's board take effect?

Cyrille Bolloré's resignation from Universal Music Group's board took effect immediately on July 28, 2025.

What is Cyrille Bolloré's stance towards Universal Music Group after his resignation?

Despite his resignation, Mr. Bolloré remains strongly supportive of UMG's management team and strategy.

How did Universal Music Group's board respond to Cyrille Bolloré's resignation?

The UMG Board expressed that they are very grateful for Mr. Bolloré's contributions to the Company.