UNIVERSAL MUSIC GROUP BOARD PUBLISHES 2024 ANNUAL REPORT AND AGENDA FOR 2025 ANNUAL GENERAL MEETING OF SHAREHOLDERS
Universal Music Group (UMG) has released its 2024 annual report and announced the agenda for its 2025 Annual General Meeting (AGM) scheduled for May 14, 2025, in Amsterdam. The meeting will address several key governance matters, including:
- The proposed re-appointment of Vincent Vallejo as Executive Director for a one-year term
- Re-appointments of Sherry Lansing, Haim Saban, and Luc van Os as Non-Executive Directors for two-year terms
- Advisory vote on the 2024 remuneration report
- Adoption of 2024 financial statements and dividend proposal
- Approval of a revised Executive Directors' Remuneration Policy
- Authorization for the Board to repurchase and cancel shares
The 2024 annual report, which includes financial statements, remuneration report, and sustainability statement, is available on the company's investor relations website and has been filed with the Dutch Authority for the Financial Markets (AFM).
Universal Music Group (UMG) ha pubblicato il suo rapporto annuale 2024 e ha annunciato l'agenda per l'Annual General Meeting (AGM) del 2025, programmata per il 14 maggio 2025 ad Amsterdam. L'incontro affronterà diverse questioni chiave di governance, tra cui:
- La proposta di rielezione di Vincent Vallejo come Direttore Esecutivo per un mandato di un anno
- Rielezioni di Sherry Lansing, Haim Saban e Luc van Os come Direttori Non Esecutivi per mandati di due anni
- Voto consultivo sul rapporto di remunerazione 2024
- Approvazione dei bilanci 2024 e proposta di dividendo
- Approvazione di una politica rivista sulla remunerazione dei Direttori Esecutivi
- Autorizzazione per il Consiglio di riacquistare e annullare azioni
Il rapporto annuale 2024, che include bilanci finanziari, rapporto di remunerazione e dichiarazione di sostenibilità, è disponibile sul sito web delle relazioni con gli investitori dell'azienda ed è stato depositato presso l'Autorità olandese per i Mercati Finanziari (AFM).
Universal Music Group (UMG) ha publicado su informe anual de 2024 y ha anunciado la agenda para su Junta General Anual (AGM) de 2025, programada para el 14 de mayo de 2025 en Ámsterdam. La reunión abordará varios temas clave de gobernanza, incluyendo:
- La propuesta de reelección de Vincent Vallejo como Director Ejecutivo por un período de un año
- Reelecciones de Sherry Lansing, Haim Saban y Luc van Os como Directores No Ejecutivos por períodos de dos años
- Voto consultivo sobre el informe de remuneración 2024
- Aprobación de los estados financieros de 2024 y propuesta de dividendo
- Aprobación de una política revisada de remuneración para los Directores Ejecutivos
- Autorización para que la Junta recompre y cancele acciones
El informe anual de 2024, que incluye estados financieros, informe de remuneración y declaración de sostenibilidad, está disponible en el sitio web de relaciones con inversores de la empresa y ha sido presentado ante la Autoridad de los Mercados Financieros de los Países Bajos (AFM).
유니버설 뮤직 그룹 (UMG)는 2024년 연례 보고서를 발표하고 2025년 5월 14일 암스테르담에서 예정된 연례 총회(AGM)의 의제를 발표했습니다. 이번 회의에서는 여러 주요 거버넌스 문제를 다룰 예정입니다:
- 빈센트 바예호를 1년 임기의 전무 이사로 재선임하는 제안
- 쉐리 랜싱, 하임 사반, 룩 반 오스를 2년 임기의 비상무 이사로 재선임하는 것
- 2024년 보수 보고서에 대한 자문 투표
- 2024년 재무제표 및 배당 제안 채택
- 개정된 전무 이사의 보수 정책 승인
- 이사회가 주식을 재매입하고 취소할 수 있도록 승인
2024년 연례 보고서는 재무제표, 보수 보고서 및 지속 가능성 성명이 포함되어 있으며, 회사의 투자자 관계 웹사이트에서 확인할 수 있으며, 네덜란드 금융시장청(AFМ)에 제출되었습니다.
Universal Music Group (UMG) a publié son rapport annuel 2024 et annoncé l'agenda de son Assemblée Générale Annuelle (AGM) prévue pour le 14 mai 2025 à Amsterdam. La réunion abordera plusieurs questions clés de gouvernance, notamment :
- La proposition de réélection de Vincent Vallejo en tant que Directeur Exécutif pour un mandat d'un an
- Réélections de Sherry Lansing, Haim Saban et Luc van Os en tant que Directeurs Non Exécutifs pour des mandats de deux ans
- Vote consultatif sur le rapport de rémunération 2024
- Adoption des états financiers 2024 et proposition de dividende
- Approbation d'une politique révisée de rémunération des Directeurs Exécutifs
- Autorisation pour le Conseil d'acheter et d'annuler des actions
Le rapport annuel 2024, qui comprend les états financiers, le rapport de rémunération et la déclaration de durabilité, est disponible sur le site web des relations investisseurs de l'entreprise et a été déposé auprès de l'Autorité néerlandaise des marchés financiers (AFM).
Universal Music Group (UMG) hat ihren Jahresbericht 2024 veröffentlicht und die Agenda für die Hauptversammlung (AGM) 2025 bekannt gegeben, die für den 14. Mai 2025 in Amsterdam geplant ist. In der Sitzung werden mehrere wichtige Governance-Angelegenheiten behandelt, darunter:
- Der Vorschlag zur Wiederernennung von Vincent Vallejo als Geschäftsführer für eine einjährige Amtszeit
- Wiederernennungen von Sherry Lansing, Haim Saban und Luc van Os als nicht geschäftsführende Direktoren für zwei Jahre
- Beratungsvotum zum Vergütungsbericht 2024
- Genehmigung der Finanzberichte 2024 und des Dividendenvorschlags
- Genehmigung einer überarbeiteten Vergütungspolitik für Geschäftsführer
- Genehmigung für den Vorstand, Aktien zurückzukaufen und zu annullieren
Der Jahresbericht 2024, der Finanzberichte, den Vergütungsbericht und die Nachhaltigkeitserklärung enthält, ist auf der Website der Investor Relations des Unternehmens verfügbar und wurde bei der niederländischen Aufsichtsbehörde für die Finanzmärkte (AFM) eingereicht.
- Board authorization to repurchase and cancel shares could support stock value
- Proposed dividend distribution to shareholders
- Continuity in leadership with re-appointment of experienced directors
- No financial performance metrics or dividend amount disclosed
HILVERSUM,
The agenda for the 2025 AGM and the other meeting materials, including the 2024 annual report, are available at: https://investors.universalmusic.com. The 2024 annual report has also been filed with the Dutch Authority for the Financial Markets (the AFM) in European Single Electronic Format (ESEF).
On the agenda for the 2025 AGM is the proposed re-appointment of Vincent Vallejo as Executive Director for a one-year term, as well as the proposed re-appointments of Sherry Lansing, Haim Saban and Luc van Os as Non-Executive Directors for a two-year term.
Other voting items on the agenda for the 2025 AGM are the advisory vote on the 2024 remuneration report, the adoption of the 2024 financial statements, the adoption of the dividend proposal, the discharge of the Executive and Non-Executive Directors, the adoption of a revised Executive Directors' Remuneration Policy, and the authorization of the Board as the competent body to repurchase and cancel own shares.
The 2024 financial statements, 2024 remuneration report and sustainability statement are included in the 2024 annual report.
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.
Contacts
Media
James Murtagh-Hopkins – communicationsnl@umusic.com
Investors
Erika Begun – investorrelations@umusic.com
Forward-looking statements
This press release may contain statements that constitute forward-looking statements relating to UMG's financial condition, results of operations, business, strategy and plans. Such forward-looking statements may be identified by the use of words such as 'profit forecast', 'expect', 'estimate', 'project', 'anticipate', 'should', 'intend', 'plan', 'probability', 'risk', 'target', 'aspiration', 'objective', 'will', 'endeavour', 'optimistic', 'prospects', 'outlook' and similar expressions or variations on such expressions or the negative of such expressions. Although UMG believes that such forward-looking statements are based on reasonable assumptions, they are not guarantees of future performance. Actual results may differ materially from such forward-looking statements as a result of a number of risks and uncertainties, many of which are related to factors that are outside UMG's control, including, but not limited to, UMG's inability to compete successfully and to identify, attract, sign and retain successful recording artists and songwriters, failure of streaming and subscription adoption or revenue to grow or to grow less rapidly than anticipated, UMG's reliance on digital service providers, UMG's inability to execute its business strategy, the global nature of UMG's operations, changes in global economic and financial conditions, UMG's inability to protect its intellectual property and against piracy, challenges related to generative AI, UMG's inability to attract and retain key personnel, UMG's restructuring and reorganization activities, UMG's acquisitions and other investments, changes in laws and regulations (and UMG's compliance therewith), UMG's inability to meet expectations with respect to ESG-related matters and the other risks that have been described in the 2024 annual report. Accordingly, UMG cautions readers against placing undue reliance on such forward-looking statements. Such forward-looking statements are made as of the date of this press release. UMG disclaims any intention or obligation to provide, update or revise any such forward-looking statements, whether as a result of new information, future events or otherwise.
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SOURCE Universal Music Group N.V.