Universal Music Group N.V. Announces Results of its 2025 Annual General Meeting of Shareholders

Rhea-AI Summary

Universal Music Group (UNVGY) held its 2025 Annual General Meeting where shareholders approved all proposed resolutions. Key approvals included the 2024 financial statements, remuneration report, and re-appointment of several directors including Vincent Vallejo as Executive Director and Sherry Lansing, Haim Saban, and Luc van Os as Non-Executive Directors.

Shareholders approved a final dividend of €0.28 per share. Combined with the interim dividend of €0.24 paid in October 2024, the total dividend for 2024 amounts to €0.52 per share. The final dividend will be paid according to the following schedule: ex-dividend date on May 21, record date on May 22, and payment date on June 13, 2025.

Positive

• Approved dividend payment of €0.52 per share for 2024
• All proposed resolutions were approved by shareholders, showing strong governance support
• Continuity in leadership with successful re-appointment of key directors

Negative

• None.

HILVERSUM, Netherlands, May 14, 2025 /PRNewswire/ -- Universal Music Group N.V. ("UMG" or "the Company") today announced the results of its Annual General Meeting of Shareholders ("AGM") held earlier today.

All resolutions on the AGM agenda were adopted with a majority of the votes cast, including, among others:

• a positive advisory vote on the 2024 remuneration report;
• the adoption of the 2024 financial statements;
• the re-appointment of Vincent Vallejo as Executive Director;
• the re-appointment of Sherry Lansing, Haim Saban and Luc van Os as Non-Executive Directors; and
• the adoption of the Executive Directors' Remuneration Policy.

The proposal to adopt a final dividend of EUR 0.28 per share was also approved. With the interim dividend of EUR 0.24 per share that was paid in October 2024, this brings the total dividend for the financial year 2024 to EUR 0.52 per share. The following timetable shall apply with respect to the payment of the final dividend:

• May 21, 2025: Ex-dividend date;
• May 22, 2025: Dividend record date; and
• June 13, 2025: Final dividend payment date.

Detailed voting results from the AGM will be made available on the Company's website within 15 days, as required under the Dutch Financial Supervision Act.

About Universal Music Group
At Universal Music Group (EURONEXT: UMG), 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 on Universal Music Group N.V. visit www.universalmusic.com.

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SOURCE Universal Music Group N.V.

FAQ

What is the total dividend payment for UNVGY shareholders in 2024?

Universal Music Group's total dividend for 2024 is €0.52 per share, consisting of an interim dividend of €0.24 paid in October 2024 and a final dividend of €0.28 to be paid in June 2025.

When is the ex-dividend date for Universal Music Group's final 2024 dividend?

The ex-dividend date for UMG's final 2024 dividend is May 21, 2025.

Who were the directors re-appointed at Universal Music Group's 2025 AGM?

The AGM approved the re-appointment of Vincent Vallejo as Executive Director, and Sherry Lansing, Haim Saban, and Luc van Os as Non-Executive Directors.

What key resolutions were approved at UMG's 2025 Annual General Meeting?

Shareholders approved the 2024 financial statements, remuneration report, Executive Directors' Remuneration Policy, director re-appointments, and a final dividend of €0.28 per share.