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Home / Companies / Universal Music Group NV / 16 May 2024

Meeting · year to 30 June 2024215 filers reporting

Universal Music Group NV: meeting of 16 May 2024

Votes reported on Form N-PX, item by item

215 Form N-PX filers reported votes at the Universal Music Group NV meeting of 16 May 2024. Their records fall into 7 items below, in ballot order: management items first, then proposals from security holders. Each bar shows how the reporting filers split; it is not the result of the meeting.

foragainstabstain, withhold or otheramber tick: the portion cast against management

Items

1

DIRECTOR ELECTIONSIssuer

Director elections

10 nominees; 47.3% of reported votes for; 150 filers withheld from or voted against at least one nominee.

3,410 vote records from 177 filers. 107 of the 172 filers that marked the item either way voted against management. 5 filers reported this item without a management mark.

32.8% for59.9% against7.3% other62.2% against management177 filers
2

SECTION 14A SAY-ON-PAY VOTESIssuer

Advisory vote on executive pay (say-on-pay)

75 vote records from 55 filers. 28 of the 50 filers that marked the item either way voted against management. 5 filers reported this item without a management mark.

38.2% for50.9% against10.9% other56.0% against management55 filers39.5% for60.4% against0.1% other60.5% against management20,419,404 reported shares
3

CAPITAL STRUCTUREIssuer

CAPITAL STRUCTURE: management items

Management items in this category are shown together; filers word and number them differently.

1,056 vote records from 177 filers. 2 of the 172 filers that marked the item either way voted against management. 5 filers reported this item without a management mark.

96.0% for0.6% against3.4% other1.2% against management177 filers99.7% for0.3% against0.0% other0.3% against management555,623,714 reported shares, counted once per item in this group
4

COMPENSATIONIssuer

COMPENSATION: management items

Management items in this category are shown together; filers word and number them differently.

949 vote records from 178 filers. 2 of the 173 filers that marked the item either way voted against management. 5 filers reported this item without a management mark.

83.7% for1.1% against15.2% other1.2% against management178 filers67.8% for32.2% against0.0% other32.1% against management525,944,167 reported shares, counted once per item in this group
5

CORPORATE GOVERNANCEIssuer

CORPORATE GOVERNANCE: management items

Management items in this category are shown together; filers word and number them differently.

1,012 vote records from 177 filers. 2 of the 172 filers that marked the item either way voted against management. 5 filers reported this item without a management mark.

94.4% for0.0% against5.6% other1.2% against management177 filers99.8% for0.0% against0.2% other0.1% against management534,274,379 reported shares, counted once per item in this group
6

OTHERIssuer

OTHER: management items

Management items in this category are shown together; filers word and number them differently.

319 vote records from 32 filers. 1 of the 24 filers that marked the item either way voted against management. 8 filers reported this item without a management mark.

62.5% for0.0% against37.5% other4.2% against management32 filers88.8% for0.0% against11.2% other0.0% against management10,159,257 reported shares, counted once per item in this group
7

Several categoriesSecurity holder

Shareholder proposals (not separable from the filings)

Filers described these proposals in wordings that could not be matched to one another, so they are shown together.

10 vote records from 2 filers. 0 of the 2 filers that marked the item either way voted against management.

50.0% for0.0% against50.0% other0.0% against management2 filers98.1% for0.0% against1.9% other0.0% against management3,315,912 reported shares, counted once per item in this group

How the largest families voted

Family1. Directors2. Say-on-pay
VanguardForNo report
BlackRock and iSharesAgainst *No report
FidelityAgainst *No report
DimensionalAgainst *No report
State Street and SPDRAgainst *No report
American CenturyAgainst *No report
Franklin TempletonAgainst *No report
InvescoForNo report
EquitableForNo report
Charles SchwabForNo report
Nuveen and TIAAAgainst *No report
John Hancock and ManulifeAgainst *Against *
Morgan Stanley, Eaton Vance and CalvertAgainst *No report
J.P. MorganAgainst *Against *
Goldman SachsAgainst *No report
WisdomTreeAgainst *No report
PGIM and PrudentialForNo report
Jackson National fundsForAgainst *
Northern Trust and FlexSharesAgainst *For
SEIForNo report
T. Rowe PriceForNo report
ThriventAgainst *No report
Lincoln FinancialAgainstNo report
VoyaAgainst *No report
First TrustAgainst *No report
Russell InvestmentsForNo report
NationwideAgainst *No report
Victory CapitalAgainst *No report
Brighthouse FundsForNo report
Columbia ThreadneedleForNo report
BNY MellonForNo report
PrincipalAgainst *No report
Capital Group and American FundsForNo report
Pacific Life fundsAgainst *No report
Global XForNo report
TransamericaAgainst *No report
Federated HermesSplit or no voteNo report
AllianceBernsteinAgainst *No report
Hartford FundsForNo report
DWSAgainst *No report
PIMCOAgainst *No report
MassMutualForAgainst
VirtusSplit or no voteNo report
American BeaconAgainst *No report
Artisan PartnersForNo report

* against management. A family's position is the way most of its reported shares were voted across its filers; "split" means no single position led. "No report" means none of the family's filers listed the item.

Questions

How did large funds vote at the Universal Music Group NV meeting?

215 Form N-PX filers reported votes at the meeting of 16 May 2024. On say-on-pay, 28 of 50 voted against management (56.0%). The family table lists each of the largest families item by item.

Is this the meeting result?

No. These are the votes of funds and managers that file Form N-PX, counted by filer and by the shares they reported. The certified result, which includes every shareholder, is reported by Universal Music Group NV on Form 8-K.

Why are director elections shown as counts only?

Director records name the nominee. This site does not publish pages or rows about individuals, so for director elections it keeps the number of nominees and the split of votes and discards the wording.

Every meeting on file for Universal Music Group NV

Provenance: SEC EDGAR, Form N-PX and N-PX/A filings listing Universal Music Group NV with a meeting date within three days of 16 May 2024. Proposal titles are the most common wording among filers and are replaced by the SEC category where a wording could name a person. Not verified by the SEC. Filings read through 23 Sep 2026.