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Tencent Music Entertainment Group to Hold Annual General Meeting on November 18, 2020

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Tencent Music Entertainment Group (TME), China's leading online music platform, has announced its annual general meeting (AGM) to be held on November 18, 2020, at the Hong Kong Club Building. No proposals will be voted on; instead, the AGM will serve as a forum for shareholders to discuss company affairs with management. The record date for shareholders entitled to attend is October 9, 2020. Shareholders can access TME's 2019 annual report on their website. The meeting is an opportunity for shareholders to engage directly with the company.

Positive
  • AGM provides a platform for direct engagement between management and shareholders.
  • Shareholders can obtain the 2019 annual report free of charge.
Negative
  • No proposals for shareholder approval at the AGM may indicate a lack of significant developments.

SHENZHEN, China, Sept. 30, 2020 /PRNewswire/ -- Tencent Music Entertainment Group ("Tencent Music", "TME", or the "Company") (NYSE: TME), the leading online music entertainment platform in China, today announced that it will hold its annual general meeting of shareholders (the "AGM") at the Hong Kong Club Building, 8th Floor, 3A Chater Road, Central, Hong Kong on November 18, 2020 at 10:00 a.m.11:00 a.m. (Hong Kong Time). No proposal will be submitted for shareholder approval at the AGM. Instead, the AGM will serve as an open forum for shareholders and beneficial owners of the Company's American Depositary Shares ("ADSs") to discuss Company affairs with management.

The Board of Directors of the Company has fixed the close of business on October 9, 2020 (Eastern Standard Time) as the record date (the "Record Date") for determining the shareholders entitled to receive notice of, and to attend, the AGM or any adjournment or postponement thereof.

Holders of record of the Company's Class A, or Class B ordinary shares, par value US$0.000083 per share, at the close of business on the Record Date are entitled to attend the AGM and any adjournment or postponement thereof in person. Holders of the Company's ADSs are welcome to attend the AGM in person.

Shareholders and ADS holders may access the Company's 2019 annual report on the Company's investor relations website at https://ir.tencentmusic.com as well as the SEC's website at http://www.sec.gov. Shareholders and ADS holders may also obtain a hard copy of the Company's 2019 annual report containing the audited consolidated financial statements, free of charge, by sending an email to ir@tencentmusic.com.

About Tencent Music Entertainment

Tencent Music Entertainment Group (NYSE: TME) is the leading online music entertainment platform in China, operating the country's highly popular and innovative music apps: QQ Music, Kugou Music, Kuwo Music and WeSing. Tencent Music's mission is to use technology to elevate the role of music in people's lives by enabling them to create, enjoy, share and interact with music. Tencent Music's platform comprises online music, online karaoke and music-centric live streaming services, enabling music fans to discover, listen, sing, watch, perform and socialize around music. For more information, please visit ir.tencentmusic.com.  

Safe Harbor Statement

This press release contains forward-looking statements. These statements are made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. Statements that are not historical facts, including statements about the Company's beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties, and a number of factors could cause actual results to differ materially from those contained in any forward-looking statement. In some cases, forward-looking statements can be identified by words or phrases such as "may," "will," "expect," "anticipate," "target," "aim," "estimate," "intend," "plan," "believe," "potential," "continue," "is/are likely to" or other similar expressions. Further information regarding these and other risks, uncertainties or factors is included in the Company's filings with the SEC. All information provided in this press release is as of the date of this press release, and the Company does not undertake any duty to update such information, except as required under applicable law.

Investor Relations Contact
Tencent Music Entertainment Group
ir@tencentmusic.com  
+86 (755) 8601-3388 ext. 883606

Cision View original content:http://www.prnewswire.com/news-releases/tencent-music-entertainment-group-to-hold-annual-general-meeting-on-november-18-2020-301141595.html

SOURCE Tencent Music Entertainment Group

FAQ

When is Tencent Music's annual general meeting scheduled for 2020?

Tencent Music's AGM is scheduled for November 18, 2020.

What will happen at Tencent Music's AGM?

The AGM will serve as an open forum for discussions; no proposals will be submitted for approval.

What is the record date for Tencent Music's AGM?

The record date for attending the AGM is October 9, 2020.

How can shareholders access Tencent Music's annual report?

Shareholders can access the 2019 annual report on Tencent Music's investor relations website.

Where is Tencent Music's AGM being held?

The AGM will be held at the Hong Kong Club Building in Central, Hong Kong.

Tencent Music Entertainment Group American Depositary Shares, each representing two

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