Universal Music Group N.V.: UNIVERSAL MUSIC GROUP BOARD PUBLISHES 2023 ANNUAL REPORT AND AGENDA FOR 2024 ANNUAL GENERAL MEETING OF SHAREHOLDERS

NOMINATES VINCENT VALLEJO FOR RE-APPOINTMENT AS EXECUTIVE DIRECTOR, ERIC SPRUNK AND MANDY GINSBERG FOR APPOINTMENT AS NON-EXECUTIVE DIRECTORS, AND BILL ACKMAN, CATHIA LAWSON-HALL, CYRILLE BOLLORÉ

NOMINATES VINCENT VALLEJO FOR RE-APPOINTMENT AS EXECUTIVE DIRECTOR, ERIC SPRUNK AND MANDY GINSBERG FOR APPOINTMENT AS NON-EXECUTIVE DIRECTORS, AND BILL ACKMAN, CATHIA LAWSON-HALL, CYRILLE BOLLORÉ, JAMES MITCHELL, MANNING DOHERTY, MARGARET FREREJEAN-TAITTINGER AND NICOLE AVANT FOR RE-APPOINTMENT AS NON-EXECUTIVE DIRECTORS

The agenda for the 2024 AGM and other meeting materials, including the 2023 annual report, are available at: https://investors.universalmusic.com. The 2023 annual report will also be filed with the Dutch Authority for the Financial Markets in European Single Electronic Format . At the recommendation of the Nomination Committee, the Board has made a non-binding nomination for the appointment of the following new Non-Executive Directors:Independent Non-Executive DirectorEric Sprunk, 60, is an American citizen and global consumer-retail industry leader with more than 25 years' experience delivering outstanding financial results, creating shareholder value and building loyal, high-performance teams.

Ms. Ginsberg holds an MBA from The Wharton School of the University of Pennsylvania and a BA in English and Spanish Literature from the University of California, Berkeley.

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