Hilversum, Netherlands (CelebrityAcccess) — On May 16, Universal Music Group announced the results of its Annual General Meeting of Shareholders, in which all resolutions proposed on the agenda were adopted.
These resolutions included a positive advisory vote on the 2023 remuneration report and the adoption of a non-executive director remuneration policy, which includes the authority to issue shares and grant rights to non-executive directors in accordance with the non-executive director remuneration policy. .
UMG’s shareholders also approved the reappointment of Vincent Vallejo to the Company’s Board of Directors, along with the reappointment of Bill Ackman, Cathia Lawson-Hall, Cyrille Bolloré, James Mitchell, Manning Doherty, Margaret Frerejean-Taittinger and Nicole. Avant is appointed as a non-executive director.
UMG shareholders also approved the appointment of new non-executive directors Eric Sprunk and Mandy Ginsberg.
A proposal to adopt a final dividend of €0.27 per share was also approved, with the dividend recorded on May 21 and the final payment date set for June 11.