UMG Shareholders Approve Compensation Packages And New Board Members Throughout The Firm’s AGM

HILVERSUM, Netherlands (CelebrityAcccess) — On Might sixteenth, Common Music Group introduced the outcomes of its Annual Basic Assembly of Shareholders throughout which all proposed resolutions on the agenda have been adopted.

These resolutions included a constructive advisory vote on the 2023 remuneration report in addition to the adoption of the Non-Government Administrators’ Remuneration Coverage, together with the authorization to difficulty shares and grant rights to Non-Government Administrators below the Non-Government Administrators’ Remuneration Coverage.

Moreover, UMG’s shareholders permitted the re-appointment of Vincent Vallejo as Government Director of the corporate’s board, together with the re-appointment of Invoice Ackman, Cathia Lawson-Corridor, Cyrille Bolloré, James Mitchell, Manning Doherty, Margaret Frerejean-Taittinger and Nicole Avant as Non-Government Administrators.

UMG shareholders additionally permitted the appointment of latest non-executive administrators Eric Sprunk and Mandy Ginsberg.

The proposal to undertake a last dividend of EUR 0.27 per share was additionally permitted, with dividends set to be recorded on Might twenty first and the ultimate cost date on June 11.