Home › Companies › UNIVERSAL MUSIC GROUP NV › 2024-2025

UNIVERSAL MUSIC GROUP NV 2024-2025 Proxy Voting Records

Compiled from SEC Form N-PX filings. Page generated October 18, 2026.

  • 42Reported items
  • 116Asset managers
  • 3,694Fund votes
  • May 14, 2025Meeting date

Results at a glance

No official results are on file for this meeting: no Form 8-K tally (Item 5.07) from UNIVERSAL MUSIC GROUP NV has been matched to it. The figures below are the funds’ own votes from Form N-PX. They are not the meeting result, so they are not used to judge dissent.

Material dissent: a director nominee under 80% of the votes cast, say-on-pay under 70%, any other item the board put forward under 80%, or a shareholder proposal with more than 50%, on the company’s own Form 8-K tally. How this is decided

Proxy season: 2023-2024 2024-2025

Explore UNIVERSAL MUSIC GROUP NV in the interactive database Compare manager voting policies

How asset managers voted at the UNIVERSAL MUSIC GROUP NV 2024-2025 meeting

Each item below shows how the 116 asset managers that disclosed a UNIVERSAL MUSIC GROUP NV vote in their SEC Form N-PX filings actually voted. Share totals are the shares those managers' funds voted, summed across every fund they report. These are reported items, not a count of the ballot: fund filings describe one ballot item in different words. Two descriptions are shown as one item only on evidence — the same text (or one cut short of the other), the same director nominee, or a match to the same row of UNIVERSAL MUSIC GROUP NV’s own Form 8-K tally — never because they merely read alike. A description that could not be joined that way is listed on its own, so one ballot item can appear more than once.

1. Reelect Haim Saban as Non-Executive Director

No official resultsDIRECTOR ELECTIONS

100% of fund votes cast · no official result

FOR
Details: votes by 62 asset managers

The 62 asset managers below reported 152,687,035 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 152,687,035
Largest asset managers voting on “Reelect Haim Saban as Non-Executive Director” at UNIVERSAL MUSIC GROUP NV, 2024-2025
Asset managerForAgainst AbstainWithheldVote
Fidelity44,497,0080 00For
Vanguard24,517,0240 00For
Capital Group20,908,0960 00For
Artisan17,059,7350 00For
Invesco8,616,7630 00For
EUPAC FUND7,032,4450 00For
BNY Mellon5,250,7330 00For
TIAA2,907,8560 00For
Putnam2,799,9800 00For
WisdomTree2,761,1750 00For
NEW ECONOMY FUND2,391,0560 00For
Dimensional2,018,1980 00For
State Street1,450,8870 00For
INTERNATIONAL GROWTH & INCOME FUND899,1320 00For
Virtus845,3050 00For
Lazard816,8740 00For
Columbia Threadneedle693,0000 00For
JPMorgan632,4250 00For
DWS581,0930 00For
AMCAP FUND579,3080 00For
Morgan Stanley542,8520 00For
Brighthouse533,5440 00For
T. Rowe Price504,5080 00For
Principal388,4130 00For
Equitable382,0960 00For

Showing the 25 largest of 62 asset managers. See all 62 in the interactive database.

2. Reelect Luc van Os as Non-Executive Director

No official resultsDIRECTOR ELECTIONS

42% of fund votes cast · no official result

FORAGAINST
Details: votes by 62 asset managers

The 62 asset managers below reported 64,392,373 for, 88,294,662 against. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 64,392,373AGAINST: 88,294,662
Largest asset managers voting on “Reelect Luc van Os as Non-Executive Director” at UNIVERSAL MUSIC GROUP NV, 2024-2025
Asset managerForAgainst AbstainWithheldVote
Fidelity044,497,008 00Against
Vanguard22,508,2462,008,778 00Mixed
Capital Group20,908,0960 00For
Artisan1,503,76115,555,974 00Mixed
Invesco10,8548,605,909 00Against
EUPAC FUND7,032,4450 00For
BNY Mellon297,9834,952,750 00Mixed
TIAA2,907,8560 00For
Putnam2,799,9800 00For
WisdomTree02,761,175 00Against
NEW ECONOMY FUND2,391,0560 00For
Dimensional02,018,198 00Against
State Street1,450,8870 00For
INTERNATIONAL GROWTH & INCOME FUND899,1320 00For
Virtus0845,305 00Against
Lazard0816,874 00Against
Columbia Threadneedle0693,000 00Against
JPMorgan0632,425 00Against
DWS0581,093 00Against
AMCAP FUND579,3080 00For
Morgan Stanley22,783520,069 00Against
Brighthouse11,862521,682 00Against
T. Rowe Price0504,508 00Against
Principal0388,413 00Against
Equitable206,305175,791 00Mixed

Showing the 25 largest of 62 asset managers. See all 62 in the interactive database.

3. Reelect Sherry Lansing as Non-Executive Director

No official resultsDIRECTOR ELECTIONS

72% of fund votes cast · no official result

FORAGAINST
Details: votes by 62 asset managers

The 62 asset managers below reported 110,595,280 for, 42,091,755 against. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 110,595,280AGAINST: 42,091,755
Largest asset managers voting on “Reelect Sherry Lansing as Non-Executive Director” at UNIVERSAL MUSIC GROUP NV, 2024-2025
Asset managerForAgainst AbstainWithheldVote
Fidelity5,787,87238,709,136 00Mixed
Vanguard24,517,0240 00For
Capital Group20,908,0960 00For
Artisan17,059,7350 00For
Invesco8,616,7630 00For
EUPAC FUND7,032,4450 00For
BNY Mellon5,250,7330 00For
TIAA2,907,8560 00For
Putnam2,799,9800 00For
WisdomTree2,761,1750 00For
NEW ECONOMY FUND2,391,0560 00For
Dimensional2,018,1980 00For
State Street01,450,887 00Against
INTERNATIONAL GROWTH & INCOME FUND899,1320 00For
Virtus845,3050 00For
Lazard816,8740 00For
Columbia Threadneedle0693,000 00Against
JPMorgan632,4250 00For
DWS581,0930 00For
AMCAP FUND579,3080 00For
Morgan Stanley513,55729,295 00Mixed
Brighthouse521,68211,862 00For
T. Rowe Price504,5080 00For
Principal388,4130 00For
Equitable175,791206,305 00Mixed

Showing the 25 largest of 62 asset managers. See all 62 in the interactive database.

4. Reelect Vincent Vallejo as Executive Director

No official resultsDIRECTOR ELECTIONS

100% of fund votes cast · no official result

FOR
Details: votes by 62 asset managers

The 62 asset managers below reported 152,687,035 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 152,687,035
Largest asset managers voting on “Reelect Vincent Vallejo as Executive Director” at UNIVERSAL MUSIC GROUP NV, 2024-2025
Asset managerForAgainst AbstainWithheldVote
Fidelity44,497,0080 00For
Vanguard24,517,0240 00For
Capital Group20,908,0960 00For
Artisan17,059,7350 00For
Invesco8,616,7630 00For
EUPAC FUND7,032,4450 00For
BNY Mellon5,250,7330 00For
TIAA2,907,8560 00For
Putnam2,799,9800 00For
WisdomTree2,761,1750 00For
NEW ECONOMY FUND2,391,0560 00For
Dimensional2,018,1980 00For
State Street1,450,8870 00For
INTERNATIONAL GROWTH & INCOME FUND899,1320 00For
Virtus845,3050 00For
Lazard816,8740 00For
Columbia Threadneedle693,0000 00For
JPMorgan632,4250 00For
DWS581,0930 00For
AMCAP FUND579,3080 00For
Morgan Stanley542,8520 00For
Brighthouse533,5440 00For
T. Rowe Price504,5080 00For
Principal388,4130 00For
Equitable382,0960 00For

Showing the 25 largest of 62 asset managers. See all 62 in the interactive database.

5. Elect Haim Saban to the Board of Directors

No official resultsDIRECTOR ELECTIONS

100% of fund votes cast · no official result

FOR
Details: votes by 12 asset managers

The 12 asset managers below reported 8,160,947 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 8,160,947
Largest asset managers voting on “Elect Haim Saban to the Board of Directors” at UNIVERSAL MUSIC GROUP NV, 2024-2025
Asset managerForAgainst AbstainWithheldVote
Charles Schwab2,315,5590 00For
Vanguard2,013,0270 00For
Russell Investments1,688,9990 00For
SEI934,7670 00For
Neuberger Berman577,6450 00For
Hartford285,4320 00For
IMPAX FUNDS SERIES TRUST I243,4170 00For
SEI Exchange Traded Funds72,4430 00For
Prudential/PGIM22,5860 00For
VanEck ETF Trust5,2650 00For
Global X1,1540 00For
Federated Hermes6530 00For

6. Elect Luc Van Os to the Board of Directors

No official resultsDIRECTOR ELECTIONS

97% of fund votes cast · no official result

FOR
Details: votes by 12 asset managers

The 12 asset managers below reported 7,916,877 for, 244,070 against. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 7,916,877AGAINST: 244,070
Largest asset managers voting on “Elect Luc Van Os to the Board of Directors” at UNIVERSAL MUSIC GROUP NV, 2024-2025
Asset managerForAgainst AbstainWithheldVote
Charles Schwab2,315,5590 00For
Vanguard2,013,0270 00For
Russell Investments1,688,9990 00For
SEI934,7670 00For
Neuberger Berman577,6450 00For
Hartford285,4320 00For
IMPAX FUNDS SERIES TRUST I0243,417 00Against
SEI Exchange Traded Funds72,4430 00For
Prudential/PGIM22,5860 00For
VanEck ETF Trust5,2650 00For
Global X1,1540 00For
Federated Hermes0653 00Against

7. Elect Sherry Lansing to the Board of Directors

No official resultsDIRECTOR ELECTIONS

99.7% of fund votes cast · no official result

FOR
Details: votes by 12 asset managers

The 12 asset managers below reported 8,138,048 for, 22,899 against. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 8,138,048AGAINST: 22,899
Largest asset managers voting on “Elect Sherry Lansing to the Board of Directors” at UNIVERSAL MUSIC GROUP NV, 2024-2025
Asset managerForAgainst AbstainWithheldVote
Charles Schwab2,315,5590 00For
Vanguard2,013,0270 00For
Russell Investments1,688,9990 00For
SEI913,67521,092 00For
Neuberger Berman577,6450 00For
Hartford285,4320 00For
IMPAX FUNDS SERIES TRUST I243,4170 00For
SEI Exchange Traded Funds72,4430 00For
Prudential/PGIM22,5860 00For
VanEck ETF Trust5,2650 00For
Global X01,154 00Against
Federated Hermes0653 00Against

8. Elect Vincent Vallejo to the Board of Directors

No official resultsDIRECTOR ELECTIONS

100% of fund votes cast · no official result

FOR
Details: votes by 12 asset managers

The 12 asset managers below reported 8,160,947 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 8,160,947
Largest asset managers voting on “Elect Vincent Vallejo to the Board of Directors” at UNIVERSAL MUSIC GROUP NV, 2024-2025
Asset managerForAgainst AbstainWithheldVote
Charles Schwab2,315,5590 00For
Vanguard2,013,0270 00For
Russell Investments1,688,9990 00For
SEI934,7670 00For
Neuberger Berman577,6450 00For
Hartford285,4320 00For
IMPAX FUNDS SERIES TRUST I243,4170 00For
SEI Exchange Traded Funds72,4430 00For
Prudential/PGIM22,5860 00For
VanEck ETF Trust5,2650 00For
Global X1,1540 00For
Federated Hermes6530 00For

9. RE APPOINTMENT OF HAIM SABAN AS NON EXECUTIVE DIRECTOR

No official resultsDIRECTOR ELECTIONS

100% of fund votes cast · no official result

FOR
Details: votes by 11 asset managers

The 11 asset managers below reported 12,353,225 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 12,353,225
Largest asset managers voting on “RE APPOINTMENT OF HAIM SABAN AS NON EXECUTIVE DIRECTOR” at UNIVERSAL MUSIC GROUP NV, 2024-2025
Asset managerForAgainst AbstainWithheldVote
SEQUOIA FUND INC8,699,1740 00For
BBH Trust1,633,4610 00For
Jackson National572,5840 00For
Six Circles Trust494,5880 00For
Bridge Builder Trust380,5820 00For
John Hancock239,2360 00For
PRIMECAP Odyssey Funds211,8740 00For
Smead Funds Trust72,6010 00For
FRONTIER FUNDS, INC.25,8510 00For
PFM Multi-Manager Series Trust20,6830 00For
GPS Funds I2,5910 00For

10. RE APPOINTMENT OF LUC VAN OS AS NON EXECUTIVE DIRECTOR

No official resultsDIRECTOR ELECTIONS

91% of fund votes cast · no official result

FOR
Details: votes by 11 asset managers

The 11 asset managers below reported 11,237,085 for, 1,116,140 against. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 11,237,085AGAINST: 1,116,140
Largest asset managers voting on “RE APPOINTMENT OF LUC VAN OS AS NON EXECUTIVE DIRECTOR” at UNIVERSAL MUSIC GROUP NV, 2024-2025
Asset managerForAgainst AbstainWithheldVote
SEQUOIA FUND INC8,699,1740 00For
BBH Trust1,633,4610 00For
Jackson National0572,584 00Against
Six Circles Trust494,5880 00For
Bridge Builder Trust47,513333,069 00Mixed
John Hancock28,749210,487 00Mixed
PRIMECAP Odyssey Funds211,8740 00For
Smead Funds Trust72,6010 00For
FRONTIER FUNDS, INC.25,8510 00For
PFM Multi-Manager Series Trust20,6830 00For
GPS Funds I2,5910 00For

11. RE APPOINTMENT OF SHERRY LANSING AS NON EXECUTIVE DIRECTOR

No official resultsDIRECTOR ELECTIONS

95% of fund votes cast · no official result

FOR
Details: votes by 11 asset managers

The 11 asset managers below reported 11,779,784 for, 573,441 against. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 11,779,784AGAINST: 573,441
Largest asset managers voting on “RE APPOINTMENT OF SHERRY LANSING AS NON EXECUTIVE DIRECTOR” at UNIVERSAL MUSIC GROUP NV, 2024-2025
Asset managerForAgainst AbstainWithheldVote
SEQUOIA FUND INC8,699,1740 00For
BBH Trust1,633,4610 00For
Jackson National572,5840 00For
Six Circles Trust0494,588 00Against
Bridge Builder Trust333,06947,513 00Mixed
John Hancock210,48728,749 00Mixed
PRIMECAP Odyssey Funds211,8740 00For
Smead Funds Trust72,6010 00For
FRONTIER FUNDS, INC.25,8510 00For
PFM Multi-Manager Series Trust20,6830 00For
GPS Funds I02,591 00Against

12. RE APPOINTMENT OF VINCENT VALLEJO AS EXECUTIVE DIRECTOR

No official resultsDIRECTOR ELECTIONS

100% of fund votes cast · no official result

FOR
Details: votes by 11 asset managers

The 11 asset managers below reported 12,353,225 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 12,353,225
Largest asset managers voting on “RE APPOINTMENT OF VINCENT VALLEJO AS EXECUTIVE DIRECTOR” at UNIVERSAL MUSIC GROUP NV, 2024-2025
Asset managerForAgainst AbstainWithheldVote
SEQUOIA FUND INC8,699,1740 00For
BBH Trust1,633,4610 00For
Jackson National572,5840 00For
Six Circles Trust494,5880 00For
Bridge Builder Trust380,5820 00For
John Hancock239,2360 00For
PRIMECAP Odyssey Funds211,8740 00For
Smead Funds Trust72,6010 00For
FRONTIER FUNDS, INC.25,8510 00For
PFM Multi-Manager Series Trust20,6830 00For
GPS Funds I2,5910 00For

13. Approve Cancellation of Shares

No official resultsCAPITAL STRUCTURE

100% of fund votes cast · no official result

FOR
Details: votes by 62 asset managers

The 62 asset managers below reported 152,687,035 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 152,687,035
Largest asset managers voting on “Approve Cancellation of Shares” at UNIVERSAL MUSIC GROUP NV, 2024-2025
Asset managerForAgainst AbstainWithheldVote
Fidelity44,497,0080 00For
Vanguard24,517,0240 00For
Capital Group20,908,0960 00For
Artisan17,059,7350 00For
Invesco8,616,7630 00For
EUPAC FUND7,032,4450 00For
BNY Mellon5,250,7330 00For
TIAA2,907,8560 00For
Putnam2,799,9800 00For
WisdomTree2,761,1750 00For
NEW ECONOMY FUND2,391,0560 00For
Dimensional2,018,1980 00For
State Street1,450,8870 00For
INTERNATIONAL GROWTH & INCOME FUND899,1320 00For
Virtus845,3050 00For
Lazard816,8740 00For
Columbia Threadneedle693,0000 00For
JPMorgan632,4250 00For
DWS581,0930 00For
AMCAP FUND579,3080 00For
Morgan Stanley542,8520 00For
Brighthouse533,5440 00For
T. Rowe Price504,5080 00For
Principal388,4130 00For
Equitable382,0960 00For

Showing the 25 largest of 62 asset managers. See all 62 in the interactive database.

14. Authorize Repurchase of Up to 10 Percent of Issued Share Capital

No official resultsCAPITAL STRUCTURE

100% of fund votes cast · no official result

FOR
Details: votes by 62 asset managers

The 62 asset managers below reported 152,687,035 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 152,687,035
Largest asset managers voting on “Authorize Repurchase of Up to 10 Percent of Issued Share Capital” at UNIVERSAL MUSIC GROUP NV, 2024-2025
Asset managerForAgainst AbstainWithheldVote
Fidelity44,497,0080 00For
Vanguard24,517,0240 00For
Capital Group20,908,0960 00For
Artisan17,059,7350 00For
Invesco8,616,7630 00For
EUPAC FUND7,032,4450 00For
BNY Mellon5,250,7330 00For
TIAA2,907,8560 00For
Putnam2,799,9800 00For
WisdomTree2,761,1750 00For
NEW ECONOMY FUND2,391,0560 00For
Dimensional2,018,1980 00For
State Street1,450,8870 00For
INTERNATIONAL GROWTH & INCOME FUND899,1320 00For
Virtus845,3050 00For
Lazard816,8740 00For
Columbia Threadneedle693,0000 00For
JPMorgan632,4250 00For
DWS581,0930 00For
AMCAP FUND579,3080 00For
Morgan Stanley542,8520 00For
Brighthouse533,5440 00For
T. Rowe Price504,5080 00For
Principal388,4130 00For
Equitable382,0960 00For

Showing the 25 largest of 62 asset managers. See all 62 in the interactive database.

15. CANCELLATION OF SHARES

No official resultsCAPITAL STRUCTURE

100% of fund votes cast · no official result

FOR
Details: votes by 23 asset managers

The 23 asset managers below reported 20,514,172 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 20,514,172
Largest asset managers voting on “CANCELLATION OF SHARES” at UNIVERSAL MUSIC GROUP NV, 2024-2025
Asset managerForAgainst AbstainWithheldVote
SEQUOIA FUND INC8,699,1740 00For
Charles Schwab2,315,5590 00For
Vanguard2,013,0270 00For
Russell Investments1,688,9990 00For
BBH Trust1,633,4610 00For
SEI934,7670 00For
Neuberger Berman577,6450 00For
Jackson National572,5840 00For
Six Circles Trust494,5880 00For
Bridge Builder Trust380,5820 00For
Hartford285,4320 00For
IMPAX FUNDS SERIES TRUST I243,4170 00For
John Hancock239,2360 00For
PRIMECAP Odyssey Funds211,8740 00For
Smead Funds Trust72,6010 00For
SEI Exchange Traded Funds72,4430 00For
FRONTIER FUNDS, INC.25,8510 00For
Prudential/PGIM22,5860 00For
PFM Multi-Manager Series Trust20,6830 00For
VanEck ETF Trust5,2650 00For
GPS Funds I2,5910 00For
Global X1,1540 00For
Federated Hermes6530 00For

16. Authority to Repurchase Shares

No official resultsCAPITAL STRUCTURE

100% of fund votes cast · no official result

FOR
Details: votes by 12 asset managers

The 12 asset managers below reported 8,160,947 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 8,160,947
Largest asset managers voting on “Authority to Repurchase Shares” at UNIVERSAL MUSIC GROUP NV, 2024-2025
Asset managerForAgainst AbstainWithheldVote
Charles Schwab2,315,5590 00For
Vanguard2,013,0270 00For
Russell Investments1,688,9990 00For
SEI934,7670 00For
Neuberger Berman577,6450 00For
Hartford285,4320 00For
IMPAX FUNDS SERIES TRUST I243,4170 00For
SEI Exchange Traded Funds72,4430 00For
Prudential/PGIM22,5860 00For
VanEck ETF Trust5,2650 00For
Global X1,1540 00For
Federated Hermes6530 00For

17. AUTHORIZATION OF THE BOARD AS THE COMPETENT BODY TO REPURCHASE SHARES

No official resultsCAPITAL STRUCTURE

100% of fund votes cast · no official result

FOR
Details: votes by 11 asset managers

The 11 asset managers below reported 12,353,225 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 12,353,225
Largest asset managers voting on “AUTHORIZATION OF THE BOARD AS THE COMPETENT BODY TO REPURCHASE SHARES” at UNIVERSAL MUSIC GROUP NV, 2024-2025
Asset managerForAgainst AbstainWithheldVote
SEQUOIA FUND INC8,699,1740 00For
BBH Trust1,633,4610 00For
Jackson National572,5840 00For
Six Circles Trust494,5880 00For
Bridge Builder Trust380,5820 00For
John Hancock239,2360 00For
PRIMECAP Odyssey Funds211,8740 00For
Smead Funds Trust72,6010 00For
FRONTIER FUNDS, INC.25,8510 00For
PFM Multi-Manager Series Trust20,6830 00For
GPS Funds I2,5910 00For

18. Adopt Financial Statements

No official resultsCORPORATE GOVERNANCE

100% of fund votes cast · no official result

FOR
Details: votes by 62 asset managers

The 62 asset managers below reported 152,687,035 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 152,687,035
Largest asset managers voting on “Adopt Financial Statements” at UNIVERSAL MUSIC GROUP NV, 2024-2025
Asset managerForAgainst AbstainWithheldVote
Fidelity44,497,0080 00For
Vanguard24,517,0240 00For
Capital Group20,908,0960 00For
Artisan17,059,7350 00For
Invesco8,616,7630 00For
EUPAC FUND7,032,4450 00For
BNY Mellon5,250,7330 00For
TIAA2,907,8560 00For
Putnam2,799,9800 00For
WisdomTree2,761,1750 00For
NEW ECONOMY FUND2,391,0560 00For
Dimensional2,018,1980 00For
State Street1,450,8870 00For
INTERNATIONAL GROWTH & INCOME FUND899,1320 00For
Virtus845,3050 00For
Lazard816,8740 00For
Columbia Threadneedle693,0000 00For
JPMorgan632,4250 00For
DWS581,0930 00For
AMCAP FUND579,3080 00For
Morgan Stanley542,8520 00For
Brighthouse533,5440 00For
T. Rowe Price504,5080 00For
Principal388,4130 00For
Equitable382,0960 00For

Showing the 25 largest of 62 asset managers. See all 62 in the interactive database.

19. Approve Discharge of Executive Directors

No official resultsCORPORATE GOVERNANCE

100% of fund votes cast · no official result

FOR
Details: votes by 62 asset managers

The 62 asset managers below reported 152,496,263 for, 190,772 abstained. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 152,496,263ABSTAIN: 190,772
Largest asset managers voting on “Approve Discharge of Executive Directors” at UNIVERSAL MUSIC GROUP NV, 2024-2025
Asset managerForAgainst AbstainWithheldVote
Fidelity44,497,0080 00For
Vanguard24,517,0240 00For
Capital Group20,908,0960 00For
Artisan17,059,7350 00For
Invesco8,616,7630 00For
EUPAC FUND7,032,4450 00For
BNY Mellon5,250,7330 00For
TIAA2,907,8560 00For
Putnam2,799,9800 00For
WisdomTree2,761,1750 00For
NEW ECONOMY FUND2,391,0560 00For
Dimensional2,018,1980 00For
State Street1,450,8870 00For
INTERNATIONAL GROWTH & INCOME FUND899,1320 00For
Virtus845,3050 00For
Lazard816,8740 00For
Columbia Threadneedle693,0000 00For
JPMorgan632,4250 00For
DWS581,0930 00For
AMCAP FUND579,3080 00For
Morgan Stanley542,8520 00For
Brighthouse533,5440 00For
T. Rowe Price504,5080 00For
Principal388,4130 00For
Equitable382,0960 00For

Showing the 25 largest of 62 asset managers. See all 62 in the interactive database.

20. Approve Discharge of Non-Executive Directors

No official resultsCORPORATE GOVERNANCE

100% of fund votes cast · no official result

FOR
Details: votes by 62 asset managers

The 62 asset managers below reported 152,496,263 for, 190,772 abstained. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 152,496,263ABSTAIN: 190,772
Largest asset managers voting on “Approve Discharge of Non-Executive Directors” at UNIVERSAL MUSIC GROUP NV, 2024-2025
Asset managerForAgainst AbstainWithheldVote
Fidelity44,497,0080 00For
Vanguard24,517,0240 00For
Capital Group20,908,0960 00For
Artisan17,059,7350 00For
Invesco8,616,7630 00For
EUPAC FUND7,032,4450 00For
BNY Mellon5,250,7330 00For
TIAA2,907,8560 00For
Putnam2,799,9800 00For
WisdomTree2,761,1750 00For
NEW ECONOMY FUND2,391,0560 00For
Dimensional2,018,1980 00For
State Street1,450,8870 00For
INTERNATIONAL GROWTH & INCOME FUND899,1320 00For
Virtus845,3050 00For
Lazard816,8740 00For
Columbia Threadneedle693,0000 00For
JPMorgan632,4250 00For
DWS581,0930 00For
AMCAP FUND579,3080 00For
Morgan Stanley542,8520 00For
Brighthouse533,5440 00For
T. Rowe Price504,5080 00For
Principal388,4130 00For
Equitable382,0960 00For

Showing the 25 largest of 62 asset managers. See all 62 in the interactive database.

21. Approve Dividends

No official resultsCAPITAL STRUCTURE

100% of fund votes cast · no official result

FOR
Details: votes by 62 asset managers

The 62 asset managers below reported 152,687,035 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 152,687,035
Largest asset managers voting on “Approve Dividends” at UNIVERSAL MUSIC GROUP NV, 2024-2025
Asset managerForAgainst AbstainWithheldVote
Fidelity44,497,0080 00For
Vanguard24,517,0240 00For
Capital Group20,908,0960 00For
Artisan17,059,7350 00For
Invesco8,616,7630 00For
EUPAC FUND7,032,4450 00For
BNY Mellon5,250,7330 00For
TIAA2,907,8560 00For
Putnam2,799,9800 00For
WisdomTree2,761,1750 00For
NEW ECONOMY FUND2,391,0560 00For
Dimensional2,018,1980 00For
State Street1,450,8870 00For
INTERNATIONAL GROWTH & INCOME FUND899,1320 00For
Virtus845,3050 00For
Lazard816,8740 00For
Columbia Threadneedle693,0000 00For
JPMorgan632,4250 00For
DWS581,0930 00For
AMCAP FUND579,3080 00For
Morgan Stanley542,8520 00For
Brighthouse533,5440 00For
T. Rowe Price504,5080 00For
Principal388,4130 00For
Equitable382,0960 00For

Showing the 25 largest of 62 asset managers. See all 62 in the interactive database.

22. Accounts and Reports

No official resultsCORPORATE GOVERNANCE

100% of fund votes cast · no official result

FOR
Details: votes by 12 asset managers

The 12 asset managers below reported 8,160,947 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 8,160,947
Largest asset managers voting on “Accounts and Reports” at UNIVERSAL MUSIC GROUP NV, 2024-2025
Asset managerForAgainst AbstainWithheldVote
Charles Schwab2,315,5590 00For
Vanguard2,013,0270 00For
Russell Investments1,688,9990 00For
SEI934,7670 00For
Neuberger Berman577,6450 00For
Hartford285,4320 00For
IMPAX FUNDS SERIES TRUST I243,4170 00For
SEI Exchange Traded Funds72,4430 00For
Prudential/PGIM22,5860 00For
VanEck ETF Trust5,2650 00For
Global X1,1540 00For
Federated Hermes6530 00For

23. Allocation of Dividends

No official resultsCAPITAL STRUCTURE

100% of fund votes cast · no official result

FOR
Details: votes by 12 asset managers

The 12 asset managers below reported 8,160,947 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 8,160,947
Largest asset managers voting on “Allocation of Dividends” at UNIVERSAL MUSIC GROUP NV, 2024-2025
Asset managerForAgainst AbstainWithheldVote
Charles Schwab2,315,5590 00For
Vanguard2,013,0270 00For
Russell Investments1,688,9990 00For
SEI934,7670 00For
Neuberger Berman577,6450 00For
Hartford285,4320 00For
IMPAX FUNDS SERIES TRUST I243,4170 00For
SEI Exchange Traded Funds72,4430 00For
Prudential/PGIM22,5860 00For
VanEck ETF Trust5,2650 00For
Global X1,1540 00For
Federated Hermes6530 00For

24. Ratification of Executives' Acts

No official resultsCORPORATE GOVERNANCE

100% of fund votes cast · no official result

FOR
Details: votes by 12 asset managers

The 12 asset managers below reported 8,160,947 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 8,160,947
Largest asset managers voting on “Ratification of Executives' Acts” at UNIVERSAL MUSIC GROUP NV, 2024-2025
Asset managerForAgainst AbstainWithheldVote
Charles Schwab2,315,5590 00For
Vanguard2,013,0270 00For
Russell Investments1,688,9990 00For
SEI934,7670 00For
Neuberger Berman577,6450 00For
Hartford285,4320 00For
IMPAX FUNDS SERIES TRUST I243,4170 00For
SEI Exchange Traded Funds72,4430 00For
Prudential/PGIM22,5860 00For
VanEck ETF Trust5,2650 00For
Global X1,1540 00For
Federated Hermes6530 00For

25. Ratification of Non-Executives' Acts

No official resultsCORPORATE GOVERNANCE

100% of fund votes cast · no official result

FOR
Details: votes by 12 asset managers

The 12 asset managers below reported 8,160,947 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 8,160,947
Largest asset managers voting on “Ratification of Non-Executives' Acts” at UNIVERSAL MUSIC GROUP NV, 2024-2025
Asset managerForAgainst AbstainWithheldVote
Charles Schwab2,315,5590 00For
Vanguard2,013,0270 00For
Russell Investments1,688,9990 00For
SEI934,7670 00For
Neuberger Berman577,6450 00For
Hartford285,4320 00For
IMPAX FUNDS SERIES TRUST I243,4170 00For
SEI Exchange Traded Funds72,4430 00For
Prudential/PGIM22,5860 00For
VanEck ETF Trust5,2650 00For
Global X1,1540 00For
Federated Hermes6530 00For

26. ADOPTION OF THE DIVIDEND PROPOSAL

No official resultsCAPITAL STRUCTURE

100% of fund votes cast · no official result

FOR
Details: votes by 11 asset managers

The 11 asset managers below reported 12,353,225 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 12,353,225
Largest asset managers voting on “ADOPTION OF THE DIVIDEND PROPOSAL” at UNIVERSAL MUSIC GROUP NV, 2024-2025
Asset managerForAgainst AbstainWithheldVote
SEQUOIA FUND INC8,699,1740 00For
BBH Trust1,633,4610 00For
Jackson National572,5840 00For
Six Circles Trust494,5880 00For
Bridge Builder Trust380,5820 00For
John Hancock239,2360 00For
PRIMECAP Odyssey Funds211,8740 00For
Smead Funds Trust72,6010 00For
FRONTIER FUNDS, INC.25,8510 00For
PFM Multi-Manager Series Trust20,6830 00For
GPS Funds I2,5910 00For

27. ADOPTION OF THE FINANCIAL STATEMENTS 2024

100% of fund votes cast · no official result

FOR
Details: votes by 11 asset managers

The 11 asset managers below reported 12,353,225 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 12,353,225
Largest asset managers voting on “ADOPTION OF THE FINANCIAL STATEMENTS 2024” at UNIVERSAL MUSIC GROUP NV, 2024-2025
Asset managerForAgainst AbstainWithheldVote
SEQUOIA FUND INC8,699,1740 00For
BBH Trust1,633,4610 00For
Jackson National572,5840 00For
Six Circles Trust494,5880 00For
Bridge Builder Trust380,5820 00For
John Hancock239,2360 00For
PRIMECAP Odyssey Funds211,8740 00For
Smead Funds Trust72,6010 00For
FRONTIER FUNDS, INC.25,8510 00For
PFM Multi-Manager Series Trust20,6830 00For
GPS Funds I2,5910 00For

28. DISCHARGE OF THE EXECUTIVE DIRECTORS

No official resultsCORPORATE GOVERNANCE

100% of fund votes cast · no official result

FOR
Details: votes by 11 asset managers

The 11 asset managers below reported 12,353,225 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 12,353,225
Largest asset managers voting on “DISCHARGE OF THE EXECUTIVE DIRECTORS” at UNIVERSAL MUSIC GROUP NV, 2024-2025
Asset managerForAgainst AbstainWithheldVote
SEQUOIA FUND INC8,699,1740 00For
BBH Trust1,633,4610 00For
Jackson National572,5840 00For
Six Circles Trust494,5880 00For
Bridge Builder Trust380,5820 00For
John Hancock239,2360 00For
PRIMECAP Odyssey Funds211,8740 00For
Smead Funds Trust72,6010 00For
FRONTIER FUNDS, INC.25,8510 00For
PFM Multi-Manager Series Trust20,6830 00For
GPS Funds I2,5910 00For

29. DISCHARGE OF THE NON EXECUTIVE DIRECTORS

No official resultsCORPORATE GOVERNANCE

100% of fund votes cast · no official result

FOR
Details: votes by 11 asset managers

The 11 asset managers below reported 12,353,225 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 12,353,225
Largest asset managers voting on “DISCHARGE OF THE NON EXECUTIVE DIRECTORS” at UNIVERSAL MUSIC GROUP NV, 2024-2025
Asset managerForAgainst AbstainWithheldVote
SEQUOIA FUND INC8,699,1740 00For
BBH Trust1,633,4610 00For
Jackson National572,5840 00For
Six Circles Trust494,5880 00For
Bridge Builder Trust380,5820 00For
John Hancock239,2360 00For
PRIMECAP Odyssey Funds211,8740 00For
Smead Funds Trust72,6010 00For
FRONTIER FUNDS, INC.25,8510 00For
PFM Multi-Manager Series Trust20,6830 00For
GPS Funds I2,5910 00For

30. Receive Annual Report

No official resultsCORPORATE GOVERNANCE

— of fund votes cast · no official result

ABSTAINNOT VOTED
Details: votes by 6 asset managers

The 6 asset managers below reported 482,248 abstained, 1,308,389 not voted.

ABSTAIN: 482,248NOT VOTED: 1,308,389
Largest asset managers voting on “Receive Annual Report” at UNIVERSAL MUSIC GROUP NV, 2024-2025
Asset managerForAgainst AbstainWithheldVote
JPMorgan00 00Not Voted
Brighthouse00 00Not Voted
Advisors' Inner Circle Fund II00 252,8550Abstain
Catholic Responsible Investments Funds00 204,0850Abstain
Empower00 00Not Voted
Advisors' Inner Circle Fund III00 25,3080Abstain

31. Receive Explanation on Company's Dividend Policy

Combines 2 wordings of this item as funds reported it.

— of fund votes cast · no official result

ABSTAINNOT VOTED
Details: votes by 6 asset managers

The 6 asset managers below reported 482,248 abstained, 1,308,389 not voted.

ABSTAIN: 482,248NOT VOTED: 1,308,389
Largest asset managers voting on “Receive Explanation on Company's Dividend Policy” at UNIVERSAL MUSIC GROUP NV, 2024-2025
Asset managerForAgainst AbstainWithheldVote
JPMorgan00 00Not Voted
Brighthouse00 00Not Voted
Advisors' Inner Circle Fund II00 252,8550Abstain
Catholic Responsible Investments Funds00 204,0850Abstain
Empower00 00Not Voted
Advisors' Inner Circle Fund III00 25,3080Abstain

32. Close Meeting

— of fund votes cast · no official result

ABSTAINNOT VOTED
Details: votes by 6 asset managers

The 6 asset managers below reported 482,248 abstained, 1,308,389 not voted.

ABSTAIN: 482,248NOT VOTED: 1,308,389
Largest asset managers voting on “Close Meeting” at UNIVERSAL MUSIC GROUP NV, 2024-2025
Asset managerForAgainst AbstainWithheldVote
JPMorgan00 00Not Voted
Brighthouse00 00Not Voted
Advisors' Inner Circle Fund II00 252,8550Abstain
Catholic Responsible Investments Funds00 204,0850Abstain
Empower00 00Not Voted
Advisors' Inner Circle Fund III00 25,3080Abstain

33. Open Meeting

— of fund votes cast · no official result

ABSTAINNOT VOTED
Details: votes by 6 asset managers

The 6 asset managers below reported 482,248 abstained, 1,308,389 not voted.

ABSTAIN: 482,248NOT VOTED: 1,308,389
Largest asset managers voting on “Open Meeting” at UNIVERSAL MUSIC GROUP NV, 2024-2025
Asset managerForAgainst AbstainWithheldVote
JPMorgan00 00Not Voted
Brighthouse00 00Not Voted
Advisors' Inner Circle Fund II00 252,8550Abstain
Catholic Responsible Investments Funds00 204,0850Abstain
Empower00 00Not Voted
Advisors' Inner Circle Fund III00 25,3080Abstain

34. Other Business (Non-Voting)

No official resultsCORPORATE GOVERNANCE

— of fund votes cast · no official result

ABSTAINNOT VOTED
Details: votes by 6 asset managers

The 6 asset managers below reported 482,248 abstained, 1,308,389 not voted.

ABSTAIN: 482,248NOT VOTED: 1,308,389
Largest asset managers voting on “Other Business (Non-Voting)” at UNIVERSAL MUSIC GROUP NV, 2024-2025
Asset managerForAgainst AbstainWithheldVote
JPMorgan00 00Not Voted
Brighthouse00 00Not Voted
Advisors' Inner Circle Fund II00 252,8550Abstain
Catholic Responsible Investments Funds00 204,0850Abstain
Empower00 00Not Voted
Advisors' Inner Circle Fund III00 25,3080Abstain

35. Approve Remuneration Report

31% Fund and manager reports combined; may count the same shares twice · no official result

FORAGAINST
Details: votes by 67 asset managers

Fund voting reports and institutional-manager reports both cover this item. An institutional manager can report shares that a fund it advises also reports, so the two are shown separately below and never added together, and their sum is not shown (fund and manager reports combined may count the same shares twice). The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

Fund voting reports: 62 asset managers voting on “Approve Remuneration Report” at UNIVERSAL MUSIC GROUP NV, 2024-2025
Asset managerForAgainst AbstainWithheldVote
Fidelity044,497,008 00Against
Vanguard024,517,024 00Against
Capital Group20,908,0960 00For
Artisan017,059,735 00Against
Invesco10,8548,605,909 00Against
EUPAC FUND7,032,4450 00For
BNY Mellon4,915,934334,799 00Mixed
TIAA2,907,8560 00For
Putnam02,799,980 00Against
WisdomTree02,761,175 00Against
NEW ECONOMY FUND2,391,0560 00For
Dimensional02,018,198 00Against
State Street01,450,887 00Against
INTERNATIONAL GROWTH & INCOME FUND899,1320 00For
Virtus0845,305 00Against
Lazard0816,874 00Against
Columbia Threadneedle0693,000 00Against
JPMorgan0632,425 00Against
DWS0581,093 00Against
AMCAP FUND579,3080 00For
Morgan Stanley115,157427,695 00Mixed
Brighthouse0533,544 00Against
T. Rowe Price504,5080 00For
Principal0388,413 00Against
Equitable49,724332,372 00Mixed

Fund voting reports, all 62 managers: 40,314,070 for, 112,372,965 against. Showing the 25 largest; see all in the interactive database.

Institutional-manager reports: 6 asset managers voting on “Approve Remuneration Report” at UNIVERSAL MUSIC GROUP NV, 2024-2025
Asset managerForAgainst AbstainWithheldVote
Walter Scott & Partners Ltd11,734,4790 00For
JPMorgan01,921,778 00Against
APG Asset Management US Inc.01,799,964 00Against
Desjardins Global Asset Management Inc.0443,816 00Against
Stenham Asset Management Ltd0192,549 00Against
Close Asset Management Ltd0122,432 00Against

Institutional-manager reports, all 6 managers: 11,734,479 for, 4,480,539 against.

36. Approve Remuneration Policy of Executive Board

3% of fund votes cast · no official result

AGAINST
Details: votes by 64 asset managers

The 64 asset managers below reported 4,916,125 for, 148,085,891 against. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 4,916,125AGAINST: 148,085,891
Largest asset managers voting on “Approve Remuneration Policy of Executive Board” at UNIVERSAL MUSIC GROUP NV, 2024-2025
Asset managerForAgainst AbstainWithheldVote
Fidelity044,497,008 00Against
Vanguard024,517,024 00Against
Capital Group020,908,096 00Against
Artisan1,503,76115,555,974 00Mixed
Invesco08,616,763 00Against
EUPAC FUND07,032,445 00Against
BNY Mellon05,250,733 00Against
TIAA2,907,8560 00For
Putnam02,799,980 00Against
WisdomTree02,761,175 00Against
NEW ECONOMY FUND02,391,056 00Against
Dimensional02,018,198 00Against
State Street01,450,887 00Against
INTERNATIONAL GROWTH & INCOME FUND0899,132 00Against
Virtus0845,305 00Against
Lazard0816,874 00Against
Columbia Threadneedle0693,000 00Against
JPMorgan0632,425 00Against
DWS0581,093 00Against
AMCAP FUND0579,308 00Against
Morgan Stanley0542,852 00Against
Brighthouse0533,544 00Against
T. Rowe Price504,5080 00For
Principal0388,413 00Against
Equitable0382,096 00Against

Showing the 25 largest of 64 asset managers. See all 64 in the interactive database.

37. ADVISORY VOTE ON THE REMUNERATION REPORT 2024

No official resultsFund totals may overlapSECTION 14A SAY-ON-PAY VOTES

89% Fund and manager reports combined; may count the same shares twice · no official result

FOR
Details: votes by 34 asset managers

Fund voting reports and institutional-manager reports both cover this item. An institutional manager can report shares that a fund it advises also reports, so the two are shown separately below and never added together, and their sum is not shown (fund and manager reports combined may count the same shares twice). The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

Fund voting reports: 11 asset managers voting on “ADVISORY VOTE ON THE REMUNERATION REPORT 2024” at UNIVERSAL MUSIC GROUP NV, 2024-2025
Asset managerForAgainst AbstainWithheldVote
SEQUOIA FUND INC8,699,1740 00For
BBH Trust1,633,4610 00For
Jackson National0572,584 00Against
Six Circles Trust0494,588 00Against
Bridge Builder Trust0380,582 00Against
John Hancock0239,236 00Against
PRIMECAP Odyssey Funds211,8740 00For
Smead Funds Trust72,6010 00For
FRONTIER FUNDS, INC.25,8510 00For
PFM Multi-Manager Series Trust020,683 00Against
GPS Funds I02,591 00Against

Fund voting reports, all 11 managers: 10,642,961 for, 1,710,264 against.

Institutional-manager reports: 23 asset managers voting on “ADVISORY VOTE ON THE REMUNERATION REPORT 2024” at UNIVERSAL MUSIC GROUP NV, 2024-2025
Asset managerForAgainst AbstainWithheldVote
Pershing Square83,348,6480 00For
BlackRock331,5788,318,015 00Against
Trinity Street Asset Management LLP6,788,7010 00For
Treasurer of the State of North Carolina2,159,3350 00For
HUDSON EDGE INVESTMENT PARTNERS INC.1,861,6530 00For
1832 Asset Management L.P.01,167,023 00Against
JARISLOWSKY, FRASER Ltd0968,130 00Against
Korea Investment CORP0351,822 00Against
Siemens Fonds Invest GmbH0310,260 00Against
Foresight Global Investors, Inc.3,106168,708 00Against
FIRST MANHATTAN CO. LLC.81,5980 00For
Cumberland Partners Ltd70,0000 00For
Northern Trust021,809 00Against
Broyhill Asset Management, LLC20,0000 00For
Gabelli00 00Not Voted
Diversified Trust Co14,4450 00For
PNC BANK, NATIONAL ASSOCIATION11,2200 00For
South Dakota Investment Council9,3000 00For
NATIONAL BANK INVESTMENTS INC.05,692 00Against
Crestwood Advisors Group, LLC2,0990 00For
ROCKEFELLER FINANCIAL LLC1,8350 00For
CAMDEN NATIONAL BANK4030 00For
XPONANCE, INC.10 00For

Institutional-manager reports, all 23 managers: 94,703,922 for, 11,311,459 against, 19,810 not voted.

38. Adoption of the Executive Directors Remuneration Policy

50.6% Fund and manager reports combined; may count the same shares twice · no official result

FORAGAINST
Details: votes by 14 asset managers

Fund voting reports and institutional-manager reports both cover this item. An institutional manager can report shares that a fund it advises also reports, so the two are shown separately below and never added together, and their sum is not shown (fund and manager reports combined may count the same shares twice). The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

Fund voting reports: 11 asset managers voting on “Adoption of the Executive Directors Remuneration Policy” at UNIVERSAL MUSIC GROUP NV, 2024-2025
Asset managerForAgainst AbstainWithheldVote
SEQUOIA FUND INC8,699,1740 00For
BBH Trust1,399,679233,782 00Mixed
Jackson National0572,584 00Against
Six Circles Trust0494,588 00Against
Bridge Builder Trust0380,582 00Against
John Hancock0239,236 00Against
PRIMECAP Odyssey Funds211,8740 00For
Smead Funds Trust72,6010 00For
FRONTIER FUNDS, INC.25,8510 00For
PFM Multi-Manager Series Trust020,683 00Against
GPS Funds I02,591 00Against

Fund voting reports, all 11 managers: 10,409,179 for, 1,944,046 against.

Institutional-manager reports: 3 asset managers voting on “Adoption of the Executive Directors Remuneration Policy” at UNIVERSAL MUSIC GROUP NV, 2024-2025
Asset managerForAgainst AbstainWithheldVote
BlackRock266,5758,383,018 00Against
Lorne Steinberg Wealth Management Inc.095,514 00Against
Janney Montgomery Scott LLC010,273 00Against

Institutional-manager reports, all 3 managers: 266,575 for, 8,488,805 against.

39. Executive Remuneration Policy

25% of fund votes cast · no official result

FORAGAINST
Details: votes by 12 asset managers

The 12 asset managers below reported 2,035,613 for, 6,125,334 against. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 2,035,613AGAINST: 6,125,334
Largest asset managers voting on “Executive Remuneration Policy” at UNIVERSAL MUSIC GROUP NV, 2024-2025
Asset managerForAgainst AbstainWithheldVote
Charles Schwab02,315,559 00Against
Vanguard2,013,0270 00For
Russell Investments01,688,999 00Against
SEI0934,767 00Against
Neuberger Berman0577,645 00Against
Hartford0285,432 00Against
IMPAX FUNDS SERIES TRUST I0243,417 00Against
SEI Exchange Traded Funds072,443 00Against
Prudential/PGIM22,5860 00For
VanEck ETF Trust05,265 00Against
Global X01,154 00Against
Federated Hermes0653 00Against

40. Remuneration Report

97% of fund votes cast · no official result

FOR
Details: votes by 12 asset managers

The 12 asset managers below reported 7,895,284 for, 265,663 against. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 7,895,284AGAINST: 265,663
Largest asset managers voting on “Remuneration Report” at UNIVERSAL MUSIC GROUP NV, 2024-2025
Asset managerForAgainst AbstainWithheldVote
Charles Schwab2,315,5590 00For
Vanguard2,013,0270 00For
Russell Investments1,688,9990 00For
SEI913,67521,092 00For
Neuberger Berman577,6450 00For
Hartford285,4320 00For
IMPAX FUNDS SERIES TRUST I0243,417 00Against
SEI Exchange Traded Funds72,4430 00For
Prudential/PGIM22,5860 00For
VanEck ETF Trust5,2650 00For
Global X01,154 00Against
Federated Hermes6530 00For

Showing the 40 reported items with the widest manager coverage, of 42 in total. View every item.

Largest UNIVERSAL MUSIC GROUP NV shareholders voting in 2024-2025

Ranked separately for each type of Form N-PX report. An institutional manager can report shares that a fund it advises also reports, so the two tables can list the same shares and are never added together. Each is ranked by the shares voted on the item that the most managers of that type reported.

Fund voting reports: top UNIVERSAL MUSIC GROUP NV shareholders by shares voted on “Approve Remuneration Report”, 2024-2025
#Asset manager Shares voted
1Fidelity 44,497,008
2Vanguard 24,517,024
3Capital Group 20,908,096
4Artisan 17,059,735
5Invesco 8,616,763
6EUPAC FUND 7,032,445
7BNY Mellon 5,250,733
8TIAA 2,907,856
9Putnam 2,799,980
10WisdomTree 2,761,175
Institutional-manager reports: top UNIVERSAL MUSIC GROUP NV shareholders by shares voted on “ADVISORY VOTE ON THE REMUNERATION REPORT 2024”, 2024-2025
#Asset manager Shares voted
1Pershing Square 83,348,648
2BlackRock 8,649,593
3Trinity Street Asset Management LLP 6,788,701
4Treasurer of the State of North Carolina 2,159,335
5HUDSON EDGE INVESTMENT PARTNERS INC. 1,861,653
61832 Asset Management L.P. 1,167,023
7JARISLOWSKY, FRASER Ltd 968,130
8Korea Investment CORP 351,822
9Siemens Fonds Invest GmbH 310,260
10Foresight Global Investors, Inc. 171,814

Shown as share counts, not percentages: no shares-outstanding figure has been matched to UNIVERSAL MUSIC GROUP NV for the 2024-2025 season, so there is no denominator to divide by.

About this page

Every figure above is derived from filings made with the US Securities and Exchange Commission: Form N-PX, in which registered funds disclose how they voted every proxy and institutional managers disclose their votes on executive pay (say-on-pay, say-on-frequency and golden parachutes), and Form 8-K Item 5.07, in which the company reports its own meeting results. This page is a static snapshot rebuilt weekly on October 18, 2026; a live search always shows the current data.

At UNIVERSAL MUSIC GROUP NV's shareholder meeting held May 14, 2025, in the 2024-2025 proxy season, 116 asset managers reported how they voted in their SEC Form N-PX filings, covering 3,694 separate fund positions. Their filings are grouped here into 42 reported items; because filers word the same ballot item differently, that can be more than the number of items on the ballot. No official Form 8-K vote tally has been matched to this meeting, so this page states no certified outcome for its most widely held ballot item. On that item — Approve Remuneration Report — the reporting funds and managers cast 31% of the shares they voted in favour (FOR divided by FOR plus AGAINST plus WITHHELD; abstained and unvoted shares are excluded because neither took a side). Fund and manager reports are combined in it and may count the same shares twice: it adds fund reports to institutional-manager reports, which can cover the same shares. It is not the company's certified result.

UNIVERSAL MUSIC GROUP NV proxy season coverage: 2023-2024 · 2024-2025 (this page).

Download data (CSV): ballot items · votes by manager · column guide.