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 Common Assembly of Shareholders throughout which all proposed resolutions on the agenda have been adopted.

These resolutions included a optimistic advisory vote on the 2023 remuneration report in addition to the adoption of the Non-Govt Administrators’ Remuneration Coverage, together with the authorization to subject shares and grant rights to Non-Govt Administrators underneath the Non-Govt Administrators’ Remuneration Coverage.

Moreover, UMG’s shareholders permitted the re-appointment of Vincent Vallejo as Govt 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-Govt Administrators.

UMG shareholders additionally permitted the appointment of recent 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 fee date on June 11.

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