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UNIVERSAL MUSIC GROUP NV 2023-2024 Proxy Voting Records

Compiled from SEC Form N-PX filings. Page generated 02 October 2026.

73Reported items
120Asset managers
6,468Fund votes
2024-05-16Meeting date

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 2023-2024 meeting

Each item below shows how the 120 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. Approve Remuneration Report

COMPENSATION

1% fund support · no official result

AGAINST 99%

The 63 asset managers below cast 1% of the shares they voted on this item FOR (1,906,982 for, 164,140,930 against).

FOR: 1,906,982 (1.1%)AGAINST: 164,140,930 (98.9%)

Largest asset managers voting on “Approve Remuneration Report” at UNIVERSAL MUSIC GROUP NV, 2023-2024
Asset manager	For	Against	Vote
Fidelity	0	56,181,782	Against
Capital Group	0	28,220,210	Against
Vanguard	0	22,143,150	Against
BlackRock	0	14,561,438	Against
Artisan	0	6,966,827	Against
Walter Scott & Partners Ltd	0	5,328,274	Against
Invesco	5,247	4,550,098	Against
TIAA	0	2,452,569	Against
WisdomTree	0	2,401,646	Against
BNY Mellon	0	2,346,748	Against
Morgan Stanley	0	1,956,052	Against
Dimensional	0	1,698,038	Against
T. Rowe Price	1,669,119	0	For
INTERNATIONAL GROWTH & INCOME FUND	0	1,529,408	Against
Virtus	0	1,459,619	Against
Principal	0	1,370,875	Against
JPMorgan	0	1,348,012	Against
State Street	0	1,325,614	Against
American Century	0	1,075,777	Against
Pacific Life	0	1,039,621	Against
Brighthouse	0	921,099	Against
DWS	0	559,323	Against
Desjardins Global Asset Management Inc.	0	469,695	Against
AMCAP FUND	0	464,428	Against
APG Asset Management US Inc.	0	461,775	Against

Showing the 25 largest of 63 asset managers. See all 63 in the interactive database.

2. Adopt Financial Statements

CORPORATE GOVERNANCE

100% fund support · no official result

FOR 100%

The 59 asset managers below cast 100% of the shares they voted on this item FOR (158,440,156 for, 0 against).

FOR: 158,440,156 (100.0%)

Largest asset managers voting on “Adopt Financial Statements” at UNIVERSAL MUSIC GROUP NV, 2023-2024
Asset manager	For	Vote
Fidelity	56,181,782	For
Capital Group	28,220,210	For
Vanguard	22,143,150	For
BlackRock	14,561,438	For
Artisan	6,966,827	For
Invesco	4,555,345	For
TIAA	2,452,569	For
WisdomTree	2,401,646	For
BNY Mellon	2,346,748	For
Morgan Stanley	1,956,052	For
Dimensional	1,698,038	For
T. Rowe Price	1,669,119	For
INTERNATIONAL GROWTH & INCOME FUND	1,529,408	For
Virtus	1,459,619	For
Principal	1,370,875	For
State Street	1,325,614	For
American Century	1,075,777	For
Pacific Life	1,039,621	For
Brighthouse	921,099	For
DWS	559,323	For
AMCAP FUND	464,428	For
AIG/SunAmerica	410,440	For
Nationwide	387,080	For
Equitable	287,815	For
Northern Trust	285,764	For

Showing the 25 largest of 59 asset managers. See all 59 in the interactive database.

3. Approve Cancellation of Shares

CAPITAL STRUCTURE

100% fund support · no official result

FOR 100%

The 59 asset managers below cast 100% of the shares they voted on this item FOR (158,440,156 for, 0 against).

FOR: 158,440,156 (100.0%)

Largest asset managers voting on “Approve Cancellation of Shares” at UNIVERSAL MUSIC GROUP NV, 2023-2024
Asset manager	For	Vote
Fidelity	56,181,782	For
Capital Group	28,220,210	For
Vanguard	22,143,150	For
BlackRock	14,561,438	For
Artisan	6,966,827	For
Invesco	4,555,345	For
TIAA	2,452,569	For
WisdomTree	2,401,646	For
BNY Mellon	2,346,748	For
Morgan Stanley	1,956,052	For
Dimensional	1,698,038	For
T. Rowe Price	1,669,119	For
INTERNATIONAL GROWTH & INCOME FUND	1,529,408	For
Virtus	1,459,619	For
Principal	1,370,875	For
State Street	1,325,614	For
American Century	1,075,777	For
Pacific Life	1,039,621	For
Brighthouse	921,099	For
DWS	559,323	For
AMCAP FUND	464,428	For
AIG/SunAmerica	410,440	For
Nationwide	387,080	For
Equitable	287,815	For
Northern Trust	285,764	For

Showing the 25 largest of 59 asset managers. See all 59 in the interactive database.

4. Approve Discharge of Executive Directors

CORPORATE GOVERNANCE

100% fund support · no official result

FOR 99.8%

The 59 asset managers below cast 100% of the shares they voted on this item FOR (158,245,027 for, 0 against).

FOR: 158,245,027 (99.9%)ABSTAIN: 195,129 (0.1%)

Largest asset managers voting on “Approve Discharge of Executive Directors” at UNIVERSAL MUSIC GROUP NV, 2023-2024
Asset manager	For	Vote
Fidelity	56,181,782	For
Capital Group	28,220,210	For
Vanguard	22,143,150	For
BlackRock	14,561,438	For
Artisan	6,966,827	For
Invesco	4,555,345	For
TIAA	2,452,569	For
WisdomTree	2,401,646	For
BNY Mellon	2,346,748	For
Morgan Stanley	1,956,052	For
Dimensional	1,698,038	For
T. Rowe Price	1,669,119	For
INTERNATIONAL GROWTH & INCOME FUND	1,529,408	For
Virtus	1,459,619	For
Principal	1,370,875	For
State Street	1,325,614	For
American Century	1,075,777	For
Pacific Life	1,039,621	For
Brighthouse	921,099	For
DWS	559,323	For
AMCAP FUND	464,428	For
AIG/SunAmerica	410,440	For
Nationwide	387,080	For
Equitable	287,815	For
Northern Trust	285,764	For

Showing the 25 largest of 59 asset managers. See all 59 in the interactive database.

5. Approve Discharge of Non-Executive Directors

CORPORATE GOVERNANCE

100% fund support · no official result

FOR 99.8%

The 59 asset managers below cast 100% of the shares they voted on this item FOR (158,245,027 for, 0 against).

FOR: 158,245,027 (99.9%)ABSTAIN: 195,129 (0.1%)

Largest asset managers voting on “Approve Discharge of Non-Executive Directors” at UNIVERSAL MUSIC GROUP NV, 2023-2024
Asset manager	For	Vote
Fidelity	56,181,782	For
Capital Group	28,220,210	For
Vanguard	22,143,150	For
BlackRock	14,561,438	For
Artisan	6,966,827	For
Invesco	4,555,345	For
TIAA	2,452,569	For
WisdomTree	2,401,646	For
BNY Mellon	2,346,748	For
Morgan Stanley	1,956,052	For
Dimensional	1,698,038	For
T. Rowe Price	1,669,119	For
INTERNATIONAL GROWTH & INCOME FUND	1,529,408	For
Virtus	1,459,619	For
Principal	1,370,875	For
State Street	1,325,614	For
American Century	1,075,777	For
Pacific Life	1,039,621	For
Brighthouse	921,099	For
DWS	559,323	For
AMCAP FUND	464,428	For
AIG/SunAmerica	410,440	For
Nationwide	387,080	For
Equitable	287,815	For
Northern Trust	285,764	For

Showing the 25 largest of 59 asset managers. See all 59 in the interactive database.

6. Approve Dividends

CAPITAL STRUCTURE

100% fund support · no official result

FOR 100%

The 59 asset managers below cast 100% of the shares they voted on this item FOR (158,440,156 for, 0 against).

FOR: 158,440,156 (100.0%)

Largest asset managers voting on “Approve Dividends” at UNIVERSAL MUSIC GROUP NV, 2023-2024
Asset manager	For	Vote
Fidelity	56,181,782	For
Capital Group	28,220,210	For
Vanguard	22,143,150	For
BlackRock	14,561,438	For
Artisan	6,966,827	For
Invesco	4,555,345	For
TIAA	2,452,569	For
WisdomTree	2,401,646	For
BNY Mellon	2,346,748	For
Morgan Stanley	1,956,052	For
Dimensional	1,698,038	For
T. Rowe Price	1,669,119	For
INTERNATIONAL GROWTH & INCOME FUND	1,529,408	For
Virtus	1,459,619	For
Principal	1,370,875	For
State Street	1,325,614	For
American Century	1,075,777	For
Pacific Life	1,039,621	For
Brighthouse	921,099	For
DWS	559,323	For
AMCAP FUND	464,428	For
AIG/SunAmerica	410,440	For
Nationwide	387,080	For
Equitable	287,815	For
Northern Trust	285,764	For

Showing the 25 largest of 59 asset managers. See all 59 in the interactive database.

7. Approve Remuneration Policy of Non-Executive Directors

COMPENSATION

100% fund support · no official result

FOR 100%

The 59 asset managers below cast 100% of the shares they voted on this item FOR (158,440,156 for, 0 against).

FOR: 158,440,156 (100.0%)

Largest asset managers voting on “Approve Remuneration Policy of Non-Executive Directors” at UNIVERSAL MUSIC GROUP NV, 2023-2024
Asset manager	For	Vote
Fidelity	56,181,782	For
Capital Group	28,220,210	For
Vanguard	22,143,150	For
BlackRock	14,561,438	For
Artisan	6,966,827	For
Invesco	4,555,345	For
TIAA	2,452,569	For
WisdomTree	2,401,646	For
BNY Mellon	2,346,748	For
Morgan Stanley	1,956,052	For
Dimensional	1,698,038	For
T. Rowe Price	1,669,119	For
INTERNATIONAL GROWTH & INCOME FUND	1,529,408	For
Virtus	1,459,619	For
Principal	1,370,875	For
State Street	1,325,614	For
American Century	1,075,777	For
Pacific Life	1,039,621	For
Brighthouse	921,099	For
DWS	559,323	For
AMCAP FUND	464,428	For
AIG/SunAmerica	410,440	For
Nationwide	387,080	For
Equitable	287,815	For
Northern Trust	285,764	For

Showing the 25 largest of 59 asset managers. See all 59 in the interactive database.

8. Authorize Issuance of Shares and Grant Rights to Subscribe for Shares to Non-Executive Directors under the Non-Executive Directors' Remuneration Policy

COMPENSATION

100% fund support · no official result

FOR 100%

The 59 asset managers below cast 100% of the shares they voted on this item FOR (158,440,156 for, 0 against).

FOR: 158,440,156 (100.0%)

Largest asset managers voting on “Authorize Issuance of Shares and Grant Rights to Subscribe for Shares to Non-Executive Directors under the Non” at UNIVERSAL MUSIC GROUP NV, 2023-2024
Asset manager	For	Vote
Fidelity	56,181,782	For
Capital Group	28,220,210	For
Vanguard	22,143,150	For
BlackRock	14,561,438	For
Artisan	6,966,827	For
Invesco	4,555,345	For
TIAA	2,452,569	For
WisdomTree	2,401,646	For
BNY Mellon	2,346,748	For
Morgan Stanley	1,956,052	For
Dimensional	1,698,038	For
T. Rowe Price	1,669,119	For
INTERNATIONAL GROWTH & INCOME FUND	1,529,408	For
Virtus	1,459,619	For
Principal	1,370,875	For
State Street	1,325,614	For
American Century	1,075,777	For
Pacific Life	1,039,621	For
Brighthouse	921,099	For
DWS	559,323	For
AMCAP FUND	464,428	For
AIG/SunAmerica	410,440	For
Nationwide	387,080	For
Equitable	287,815	For
Northern Trust	285,764	For

Showing the 25 largest of 59 asset managers. See all 59 in the interactive database.

9. Authorize Repurchase of Shares

CAPITAL STRUCTURE

100% fund support · no official result

FOR 100%

The 59 asset managers below cast 100% of the shares they voted on this item FOR (158,440,156 for, 0 against).

FOR: 158,440,156 (100.0%)

Largest asset managers voting on “Authorize Repurchase of Shares” at UNIVERSAL MUSIC GROUP NV, 2023-2024
Asset manager	For	Vote
Fidelity	56,181,782	For
Capital Group	28,220,210	For
Vanguard	22,143,150	For
BlackRock	14,561,438	For
Artisan	6,966,827	For
Invesco	4,555,345	For
TIAA	2,452,569	For
WisdomTree	2,401,646	For
BNY Mellon	2,346,748	For
Morgan Stanley	1,956,052	For
Dimensional	1,698,038	For
T. Rowe Price	1,669,119	For
INTERNATIONAL GROWTH & INCOME FUND	1,529,408	For
Virtus	1,459,619	For
Principal	1,370,875	For
State Street	1,325,614	For
American Century	1,075,777	For
Pacific Life	1,039,621	For
Brighthouse	921,099	For
DWS	559,323	For
AMCAP FUND	464,428	For
AIG/SunAmerica	410,440	For
Nationwide	387,080	For
Equitable	287,815	For
Northern Trust	285,764	For

Showing the 25 largest of 59 asset managers. See all 59 in the interactive database.

10. Elect Eric Sprunk as Non-Executive Director

DIRECTOR ELECTIONS

99.8% fund support · no official result

FOR 99.8%

The 59 asset managers below cast 99.8% of the shares they voted on this item FOR (158,263,212 for, 176,944 against).

FOR: 158,263,212 (99.9%)AGAINST: 176,944 (0.1%)

Largest asset managers voting on “Elect Eric Sprunk as Non-Executive Director” at UNIVERSAL MUSIC GROUP NV, 2023-2024
Asset manager	For	Against	Vote
Fidelity	56,181,782	0	For
Capital Group	28,220,210	0	For
Vanguard	22,143,150	0	For
BlackRock	14,561,438	0	For
Artisan	6,966,827	0	For
Invesco	4,555,345	0	For
TIAA	2,452,569	0	For
WisdomTree	2,401,646	0	For
BNY Mellon	2,346,748	0	For
Morgan Stanley	1,951,735	4,317	For
Dimensional	1,698,038	0	For
T. Rowe Price	1,669,119	0	For
INTERNATIONAL GROWTH & INCOME FUND	1,529,408	0	For
Virtus	1,459,619	0	For
Principal	1,370,875	0	For
State Street	1,325,614	0	For
American Century	1,075,777	0	For
Pacific Life	1,039,621	0	For
Brighthouse	921,099	0	For
DWS	559,323	0	For
AMCAP FUND	464,428	0	For
AIG/SunAmerica	410,440	0	For
Nationwide	387,080	0	For
Equitable	287,815	0	For
Northern Trust	285,764	0	For

Showing the 25 largest of 59 asset managers. See all 59 in the interactive database.

11. Elect Mandy Ginsberg as Non-Executive Director

DIRECTOR ELECTIONS

99.8% fund support · no official result

FOR 99.8%

The 59 asset managers below cast 99.8% of the shares they voted on this item FOR (158,263,212 for, 176,944 against).

FOR: 158,263,212 (99.9%)AGAINST: 176,944 (0.1%)

Largest asset managers voting on “Elect Mandy Ginsberg as Non-Executive Director” at UNIVERSAL MUSIC GROUP NV, 2023-2024
Asset manager	For	Against	Vote
Fidelity	56,181,782	0	For
Capital Group	28,220,210	0	For
Vanguard	22,143,150	0	For
BlackRock	14,561,438	0	For
Artisan	6,966,827	0	For
Invesco	4,555,345	0	For
TIAA	2,452,569	0	For
WisdomTree	2,401,646	0	For
BNY Mellon	2,346,748	0	For
Morgan Stanley	1,951,735	4,317	For
Dimensional	1,698,038	0	For
T. Rowe Price	1,669,119	0	For
INTERNATIONAL GROWTH & INCOME FUND	1,529,408	0	For
Virtus	1,459,619	0	For
Principal	1,370,875	0	For
State Street	1,325,614	0	For
American Century	1,075,777	0	For
Pacific Life	1,039,621	0	For
Brighthouse	921,099	0	For
DWS	559,323	0	For
AMCAP FUND	464,428	0	For
AIG/SunAmerica	410,440	0	For
Nationwide	387,080	0	For
Equitable	287,815	0	For
Northern Trust	285,764	0	For

Showing the 25 largest of 59 asset managers. See all 59 in the interactive database.

12. Reelect Bill Ackman as Non-Executive Director

DIRECTOR ELECTIONS

42% fund support · no official result

FOR 42%AGAINST 58%

The 59 asset managers below cast 42% of the shares they voted on this item FOR (66,821,021 for, 91,619,135 against).

FOR: 66,821,021 (42.2%)AGAINST: 91,619,135 (57.8%)

Largest asset managers voting on “Reelect Bill Ackman as Non-Executive Director” at UNIVERSAL MUSIC GROUP NV, 2023-2024
Asset manager	For	Against	Vote
Fidelity	0	56,181,782	Against
Capital Group	28,220,210	0	For
Vanguard	20,087,869	2,055,281	For
BlackRock	0	14,561,438	Against
Artisan	6,966,827	0	For
Invesco	4,555,345	0	For
TIAA	0	2,452,569	Against
WisdomTree	0	2,401,646	Against
BNY Mellon	2,053,200	293,548	For
Morgan Stanley	67,800	1,888,252	Against
Dimensional	0	1,698,038	Against
T. Rowe Price	1,669,119	0	For
INTERNATIONAL GROWTH & INCOME FUND	1,529,408	0	For
Virtus	0	1,459,619	Against
Principal	0	1,370,875	Against
State Street	0	1,325,614	Against
American Century	0	1,075,777	Against
Pacific Life	0	1,039,621	Against
Brighthouse	836,649	84,450	For
DWS	0	559,323	Against
AMCAP FUND	464,428	0	For
AIG/SunAmerica	0	410,440	Against
Nationwide	79,668	307,412	Against
Equitable	65,443	222,372	Against
Northern Trust	0	285,764	Against

Showing the 25 largest of 59 asset managers. See all 59 in the interactive database.

13. Reelect Cathia Lawson-Hall as Non-Executive Director

DIRECTOR ELECTIONS

6% fund support · no official result

AGAINST 94%

The 59 asset managers below cast 6% of the shares they voted on this item FOR (9,143,679 for, 149,296,477 against).

FOR: 9,143,679 (5.8%)AGAINST: 149,296,477 (94.2%)

Largest asset managers voting on “Reelect Cathia Lawson-Hall as Non-Executive Director” at UNIVERSAL MUSIC GROUP NV, 2023-2024
Asset manager	For	Against	Vote
Fidelity	0	56,181,782	Against
Capital Group	0	28,220,210	Against
Vanguard	0	22,143,150	Against
BlackRock	0	14,561,438	Against
Artisan	6,966,827	0	For
Invesco	0	4,555,345	Against
TIAA	0	2,452,569	Against
WisdomTree	0	2,401,646	Against
BNY Mellon	2,053,200	293,548	For
Morgan Stanley	67,800	1,888,252	Against
Dimensional	0	1,698,038	Against
T. Rowe Price	0	1,669,119	Against
INTERNATIONAL GROWTH & INCOME FUND	0	1,529,408	Against
Virtus	0	1,459,619	Against
Principal	0	1,370,875	Against
State Street	0	1,325,614	Against
American Century	0	1,075,777	Against
Pacific Life	0	1,039,621	Against
Brighthouse	0	921,099	Against
DWS	0	559,323	Against
AMCAP FUND	0	464,428	Against
AIG/SunAmerica	0	410,440	Against
Nationwide	0	387,080	Against
Equitable	0	287,815	Against
Northern Trust	0	285,764	Against

Showing the 25 largest of 59 asset managers. See all 59 in the interactive database.

14. Reelect Cyrille Bollore as Non-Executive Director

DIRECTOR ELECTIONS

25% fund support · no official result

FOR 25%AGAINST 75%

The 59 asset managers below cast 25% of the shares they voted on this item FOR (39,362,972 for, 119,077,184 against).

FOR: 39,362,972 (24.8%)AGAINST: 119,077,184 (75.2%)

Largest asset managers voting on “Reelect Cyrille Bollore as Non-Executive Director” at UNIVERSAL MUSIC GROUP NV, 2023-2024
Asset manager	For	Against	Vote
Fidelity	0	56,181,782	Against
Capital Group	28,220,210	0	For
Vanguard	0	22,143,150	Against
BlackRock	0	14,561,438	Against
Artisan	6,966,827	0	For
Invesco	5,247	4,550,098	Against
TIAA	0	2,452,569	Against
WisdomTree	0	2,401,646	Against
BNY Mellon	2,053,200	293,548	For
Morgan Stanley	67,800	1,888,252	Against
Dimensional	0	1,698,038	Against
T. Rowe Price	0	1,669,119	Against
INTERNATIONAL GROWTH & INCOME FUND	1,529,408	0	For
Virtus	0	1,459,619	Against
Principal	0	1,370,875	Against
State Street	0	1,325,614	Against
American Century	0	1,075,777	Against
Pacific Life	0	1,039,621	Against
Brighthouse	0	921,099	Against
DWS	0	559,323	Against
AMCAP FUND	464,428	0	For
AIG/SunAmerica	0	410,440	Against
Nationwide	0	387,080	Against
Equitable	0	287,815	Against
Northern Trust	0	285,764	Against

Showing the 25 largest of 59 asset managers. See all 59 in the interactive database.

15. Reelect James Mitchell as Non-Executive Director

DIRECTOR ELECTIONS

27% fund support · no official result

FOR 27%AGAINST 73%

The 59 asset managers below cast 27% of the shares they voted on this item FOR (42,486,463 for, 115,953,693 against).

FOR: 42,486,463 (26.8%)AGAINST: 115,953,693 (73.2%)

Largest asset managers voting on “Reelect James Mitchell as Non-Executive Director” at UNIVERSAL MUSIC GROUP NV, 2023-2024
Asset manager	For	Against	Vote
Fidelity	0	56,181,782	Against
Capital Group	28,220,210	0	For
Vanguard	0	22,143,150	Against
BlackRock	0	14,561,438	Against
Artisan	6,966,827	0	For
Invesco	0	4,555,345	Against
TIAA	0	2,452,569	Against
WisdomTree	0	2,401,646	Against
BNY Mellon	2,053,200	293,548	For
Morgan Stanley	67,800	1,888,252	Against
Dimensional	0	1,698,038	Against
T. Rowe Price	1,669,119	0	For
INTERNATIONAL GROWTH & INCOME FUND	1,529,408	0	For
Virtus	1,459,619	0	For
Principal	0	1,370,875	Against
State Street	0	1,325,614	Against
American Century	0	1,075,777	Against
Pacific Life	0	1,039,621	Against
Brighthouse	0	921,099	Against
DWS	0	559,323	Against
AMCAP FUND	464,428	0	For
AIG/SunAmerica	0	410,440	Against
Nationwide	0	387,080	Against
Equitable	0	287,815	Against
Northern Trust	0	285,764	Against

Showing the 25 largest of 59 asset managers. See all 59 in the interactive database.

16. Reelect Manning Doherty as Non-Executive Director

DIRECTOR ELECTIONS

39% fund support · no official result

FOR 39%AGAINST 61%

The 59 asset managers below cast 39% of the shares they voted on this item FOR (61,351,290 for, 97,088,866 against).

FOR: 61,351,290 (38.7%)AGAINST: 97,088,866 (61.3%)

Largest asset managers voting on “Reelect Manning Doherty as Non-Executive Director” at UNIVERSAL MUSIC GROUP NV, 2023-2024
Asset manager	For	Against	Vote
Fidelity	0	56,181,782	Against
Capital Group	28,220,210	0	For
Vanguard	20,087,869	2,055,281	For
BlackRock	0	14,561,438	Against
Artisan	6,966,827	0	For
Invesco	5,247	4,550,098	Against
TIAA	0	2,452,569	Against
WisdomTree	0	2,401,646	Against
BNY Mellon	2,053,200	293,548	For
Morgan Stanley	67,800	1,888,252	Against
Dimensional	0	1,698,038	Against
T. Rowe Price	1,669,119	0	For
INTERNATIONAL GROWTH & INCOME FUND	1,529,408	0	For
Virtus	0	1,459,619	Against
Principal	0	1,370,875	Against
State Street	0	1,325,614	Against
American Century	0	1,075,777	Against
Pacific Life	0	1,039,621	Against
Brighthouse	0	921,099	Against
DWS	0	559,323	Against
AMCAP FUND	464,428	0	For
AIG/SunAmerica	0	410,440	Against
Nationwide	79,668	307,412	Against
Equitable	0	287,815	Against
Northern Trust	0	285,764	Against

Showing the 25 largest of 59 asset managers. See all 59 in the interactive database.

17. Reelect Margaret Frerejean-Taittinger as Non-Executive Director

DIRECTOR ELECTIONS

90% fund support · no official result

FOR 90%10%

The 59 asset managers below cast 90% of the shares they voted on this item FOR (142,629,661 for, 15,810,495 against).

FOR: 142,629,661 (90.0%)AGAINST: 15,810,495 (10.0%)

Largest asset managers voting on “Reelect Margaret Frerejean-Taittinger as Non-Executive Director” at UNIVERSAL MUSIC GROUP NV, 2023-2024
Asset manager	For	Against	Vote
Fidelity	56,181,782	0	For
Capital Group	28,220,210	0	For
Vanguard	22,143,150	0	For
BlackRock	0	14,561,438	Against
Artisan	6,966,827	0	For
Invesco	4,555,345	0	For
TIAA	2,452,569	0	For
WisdomTree	2,401,646	0	For
BNY Mellon	2,094,430	252,318	For
Morgan Stanley	1,929,326	26,726	For
Dimensional	1,698,038	0	For
T. Rowe Price	1,669,119	0	For
INTERNATIONAL GROWTH & INCOME FUND	1,529,408	0	For
Virtus	1,459,619	0	For
Principal	1,370,875	0	For
State Street	1,325,614	0	For
American Century	1,075,777	0	For
Pacific Life	1,039,621	0	For
Brighthouse	921,099	0	For
DWS	559,323	0	For
AMCAP FUND	464,428	0	For
AIG/SunAmerica	410,440	0	For
Nationwide	230,184	156,896	For
Equitable	113,031	174,784	Against
Northern Trust	232,616	53,148	For

Showing the 25 largest of 59 asset managers. See all 59 in the interactive database.

18. Reelect Nicole Avant as Non-Executive Director

DIRECTOR ELECTIONS

90% fund support · no official result

FOR 90%10%

The 59 asset managers below cast 90% of the shares they voted on this item FOR (143,161,896 for, 15,278,260 against).

FOR: 143,161,896 (90.4%)AGAINST: 15,278,260 (9.6%)

Largest asset managers voting on “Reelect Nicole Avant as Non-Executive Director” at UNIVERSAL MUSIC GROUP NV, 2023-2024
Asset manager	For	Against	Vote
Fidelity	56,181,782	0	For
Capital Group	28,220,210	0	For
Vanguard	22,143,150	0	For
BlackRock	0	14,561,438	Against
Artisan	6,966,827	0	For
Invesco	4,555,345	0	For
TIAA	2,452,569	0	For
WisdomTree	2,401,646	0	For
BNY Mellon	2,346,748	0	For
Morgan Stanley	1,929,326	26,726	For
Dimensional	1,698,038	0	For
T. Rowe Price	1,669,119	0	For
INTERNATIONAL GROWTH & INCOME FUND	1,529,408	0	For
Virtus	1,459,619	0	For
Principal	1,370,875	0	For
State Street	1,325,614	0	For
American Century	1,075,777	0	For
Pacific Life	1,039,621	0	For
Brighthouse	921,099	0	For
DWS	559,323	0	For
AMCAP FUND	464,428	0	For
AIG/SunAmerica	410,440	0	For
Nationwide	347,080	40,000	For
Equitable	113,031	174,784	Against
Northern Trust	232,616	53,148	For

Showing the 25 largest of 59 asset managers. See all 59 in the interactive database.

19. Reelect Vincent Vallejo as Executive Director

DIRECTOR ELECTIONS

50.9% fund support · no official result

FOR 50.9%AGAINST 49.1%

The 59 asset managers below cast 50.9% of the shares they voted on this item FOR (80,632,820 for, 77,807,336 against).

FOR: 80,632,820 (50.9%)AGAINST: 77,807,336 (49.1%)

Largest asset managers voting on “Reelect Vincent Vallejo as Executive Director” at UNIVERSAL MUSIC GROUP NV, 2023-2024
Asset manager	For	Against	Vote
Fidelity	0	56,181,782	Against
Capital Group	28,220,210	0	For
Vanguard	20,087,869	2,055,281	For
BlackRock	14,561,438	0	For
Artisan	6,966,827	0	For
Invesco	4,555,345	0	For
TIAA	0	2,452,569	Against
WisdomTree	0	2,401,646	Against
BNY Mellon	2,305,518	41,230	For
Morgan Stanley	90,209	1,865,843	Against
Dimensional	0	1,698,038	Against
T. Rowe Price	0	1,669,119	Against
INTERNATIONAL GROWTH & INCOME FUND	1,529,408	0	For
Virtus	0	1,459,619	Against
Principal	0	1,370,875	Against
State Street	0	1,325,614	Against
American Century	0	1,075,777	Against
Pacific Life	0	1,039,621	Against
Brighthouse	836,649	84,450	For
DWS	0	559,323	Against
AMCAP FUND	464,428	0	For
AIG/SunAmerica	0	410,440	Against
Nationwide	79,668	307,412	Against
Equitable	240,227	47,588	For
Northern Trust	232,616	53,148	For

Showing the 25 largest of 59 asset managers. See all 59 in the interactive database.

20. ADVISORY VOTE ON THE REMUNERATION REPORT 2023

SECTION 14A SAY-ON-PAY VOTES

Combines 2 wordings of this item as funds reported it.

84% fund support · no official result

FOR 84%AGAINST 16%

The 43 asset managers below cast 84% of the shares they voted on this item FOR (17,206,990 for, 3,245,955 against).

FOR: 17,206,990 (84.1%)AGAINST: 3,245,955 (15.9%)ABSTAIN: 65 (0.0%)NOT VOTED: 11,105 (0.1%)

Largest asset managers voting on “ADVISORY VOTE ON THE REMUNERATION REPORT 2023” at UNIVERSAL MUSIC GROUP NV, 2023-2024
Asset manager	For	Against	Vote
SEQUOIA FUND INC	6,114,266	0	For
Trinity Street Asset Management LLP	5,868,282	0	For
Rudius Management LP	3,252,093	0	For
BBH Trust	1,040,588	239,213	For
HUDSON EDGE INVESTMENT PARTNERS INC.	0	1,270,681	Against
Northern Trust	366,600	107,184	For
1832 Asset Management L.P.	46,300	370,215	Against
John Hancock	0	246,104	Against
Siemens Fonds Invest GmbH	0	246,041	Against
Foresight Global Investors, Inc.	6,854	170,596	Against
Bridge Builder Trust	0	173,341	Against
Jackson National	0	167,325	Against
PRIMECAP Odyssey Funds	164,416	0	For
Guardian Variable Products Trust	0	141,826	Against
Calamos	80,080	0	For
Cumberland Partners Ltd	70,000	0	For
Smead Funds Trust	60,211	0	For
DIAMOND HILL FUNDS	0	40,963	Against
GREEN CENTURY FUNDS	36,780	0	For
Fiera Capital Corp	0	31,851	Against
III Capital Management	25,827	0	For
TrimTabs ETF Trust	15,558	0	For
Touchstone ETF Trust	0	14,504	Against
Tidal ETF Trust	13,519	0	For
Gabelli	0	0	Not Voted

Showing the 25 largest of 43 asset managers. See all 43 in the interactive database.

21. ADOPTION OF THE FINANCIAL STATEMENTS 2023

OTHER

100% fund support · no official result

FOR 99.9%

The 20 asset managers below cast 100% of the shares they voted on this item FOR (8,573,170 for, 0 against).

FOR: 8,573,170 (100.0%)ABSTAIN: 65 (0.0%)

Largest asset managers voting on “ADOPTION OF THE FINANCIAL STATEMENTS 2023” at UNIVERSAL MUSIC GROUP NV, 2023-2024
Asset manager	For	Abstain	Vote
SEQUOIA FUND INC	6,114,266	0	For
BBH Trust	1,279,801	0	For
John Hancock	246,104	0	For
Bridge Builder Trust	173,341	0	For
Jackson National	167,325	0	For
PRIMECAP Odyssey Funds	164,416	0	For
Guardian Variable Products Trust	141,826	0	For
Calamos	80,080	0	For
Smead Funds Trust	60,211	0	For
DIAMOND HILL FUNDS	40,963	0	For
GREEN CENTURY FUNDS	36,780	0	For
TrimTabs ETF Trust	15,558	0	For
Touchstone ETF Trust	14,504	0	For
Tidal ETF Trust	13,519	0	For
WILSHIRE MUTUAL FUNDS INC	7,259	0	For
Advisors' Inner Circle Fund III	7,091	0	For
Pacer Funds Trust	6,956	0	For
GPS Funds I	2,780	0	For
Tema ETF Trust	390	0	For
CITY NATIONAL ROCHDALE FUNDS	0	65	Abstain

22. APPOINTMENT OF ERIC SPRUNK AS NON-EXECUTIVE DIRECTOR

DIRECTOR ELECTIONS

100% fund support · no official result

FOR 99.8%

The 20 asset managers below cast 100% of the shares they voted on this item FOR (8,559,651 for, 0 against).

FOR: 8,559,651 (99.8%)ABSTAIN: 13,584 (0.2%)

Largest asset managers voting on “APPOINTMENT OF ERIC SPRUNK AS NON-EXECUTIVE DIRECTOR” at UNIVERSAL MUSIC GROUP NV, 2023-2024
Asset manager	For	Abstain	Vote
SEQUOIA FUND INC	6,114,266	0	For
BBH Trust	1,279,801	0	For
John Hancock	246,104	0	For
Bridge Builder Trust	173,341	0	For
Jackson National	167,325	0	For
PRIMECAP Odyssey Funds	164,416	0	For
Guardian Variable Products Trust	141,826	0	For
Calamos	80,080	0	For
Smead Funds Trust	60,211	0	For
DIAMOND HILL FUNDS	40,963	0	For
GREEN CENTURY FUNDS	36,780	0	For
TrimTabs ETF Trust	15,558	0	For
Touchstone ETF Trust	14,504	0	For
Tidal ETF Trust	0	13,519	Abstain
WILSHIRE MUTUAL FUNDS INC	7,259	0	For
Advisors' Inner Circle Fund III	7,091	0	For
Pacer Funds Trust	6,956	0	For
GPS Funds I	2,780	0	For
Tema ETF Trust	390	0	For
CITY NATIONAL ROCHDALE FUNDS	0	65	Abstain

23. APPOINTMENT OF MANDY GINSBERG AS NON-EXECUTIVE DIRECTOR

DIRECTOR ELECTIONS

100% fund support · no official result

FOR 99.8%

The 20 asset managers below cast 100% of the shares they voted on this item FOR (8,559,651 for, 0 against).

FOR: 8,559,651 (99.8%)ABSTAIN: 13,584 (0.2%)

Largest asset managers voting on “APPOINTMENT OF MANDY GINSBERG AS NON-EXECUTIVE DIRECTOR” at UNIVERSAL MUSIC GROUP NV, 2023-2024
Asset manager	For	Abstain	Vote
SEQUOIA FUND INC	6,114,266	0	For
BBH Trust	1,279,801	0	For
John Hancock	246,104	0	For
Bridge Builder Trust	173,341	0	For
Jackson National	167,325	0	For
PRIMECAP Odyssey Funds	164,416	0	For
Guardian Variable Products Trust	141,826	0	For
Calamos	80,080	0	For
Smead Funds Trust	60,211	0	For
DIAMOND HILL FUNDS	40,963	0	For
GREEN CENTURY FUNDS	36,780	0	For
TrimTabs ETF Trust	15,558	0	For
Touchstone ETF Trust	14,504	0	For
Tidal ETF Trust	0	13,519	Abstain
WILSHIRE MUTUAL FUNDS INC	7,259	0	For
Advisors' Inner Circle Fund III	7,091	0	For
Pacer Funds Trust	6,956	0	For
GPS Funds I	2,780	0	For
Tema ETF Trust	390	0	For
CITY NATIONAL ROCHDALE FUNDS	0	65	Abstain

24. DISCHARGE: DISCHARGE OF THE EXECUTIVE DIRECTORS

CORPORATE GOVERNANCE

100% fund support · no official result

FOR 99.9%

The 20 asset managers below cast 100% of the shares they voted on this item FOR (8,573,170 for, 0 against).

FOR: 8,573,170 (100.0%)ABSTAIN: 65 (0.0%)

Largest asset managers voting on “DISCHARGE: DISCHARGE OF THE EXECUTIVE DIRECTORS” at UNIVERSAL MUSIC GROUP NV, 2023-2024
Asset manager	For	Abstain	Vote
SEQUOIA FUND INC	6,114,266	0	For
BBH Trust	1,279,801	0	For
John Hancock	246,104	0	For
Bridge Builder Trust	173,341	0	For
Jackson National	167,325	0	For
PRIMECAP Odyssey Funds	164,416	0	For
Guardian Variable Products Trust	141,826	0	For
Calamos	80,080	0	For
Smead Funds Trust	60,211	0	For
DIAMOND HILL FUNDS	40,963	0	For
GREEN CENTURY FUNDS	36,780	0	For
TrimTabs ETF Trust	15,558	0	For
Touchstone ETF Trust	14,504	0	For
Tidal ETF Trust	13,519	0	For
WILSHIRE MUTUAL FUNDS INC	7,259	0	For
Advisors' Inner Circle Fund III	7,091	0	For
Pacer Funds Trust	6,956	0	For
GPS Funds I	2,780	0	For
Tema ETF Trust	390	0	For
CITY NATIONAL ROCHDALE FUNDS	0	65	Abstain

25. DISCHARGE: DISCHARGE OF THE NON-EXECUTIVE DIRECTORS

CORPORATE GOVERNANCE

100% fund support · no official result

FOR 99.9%

The 20 asset managers below cast 100% of the shares they voted on this item FOR (8,573,170 for, 0 against).

FOR: 8,573,170 (100.0%)ABSTAIN: 65 (0.0%)

Largest asset managers voting on “DISCHARGE: DISCHARGE OF THE NON-EXECUTIVE DIRECTORS” at UNIVERSAL MUSIC GROUP NV, 2023-2024
Asset manager	For	Abstain	Vote
SEQUOIA FUND INC	6,114,266	0	For
BBH Trust	1,279,801	0	For
John Hancock	246,104	0	For
Bridge Builder Trust	173,341	0	For
Jackson National	167,325	0	For
PRIMECAP Odyssey Funds	164,416	0	For
Guardian Variable Products Trust	141,826	0	For
Calamos	80,080	0	For
Smead Funds Trust	60,211	0	For
DIAMOND HILL FUNDS	40,963	0	For
GREEN CENTURY FUNDS	36,780	0	For
TrimTabs ETF Trust	15,558	0	For
Touchstone ETF Trust	14,504	0	For
Tidal ETF Trust	13,519	0	For
WILSHIRE MUTUAL FUNDS INC	7,259	0	For
Advisors' Inner Circle Fund III	7,091	0	For
Pacer Funds Trust	6,956	0	For
GPS Funds I	2,780	0	For
Tema ETF Trust	390	0	For
CITY NATIONAL ROCHDALE FUNDS	0	65	Abstain

26. DIVIDEND: ADOPTION OF THE DIVIDEND PROPOSAL

CAPITAL STRUCTURE

100% fund support · no official result

FOR 99.9%

The 20 asset managers below cast 100% of the shares they voted on this item FOR (8,573,170 for, 0 against).

FOR: 8,573,170 (100.0%)ABSTAIN: 65 (0.0%)

Largest asset managers voting on “DIVIDEND: ADOPTION OF THE DIVIDEND PROPOSAL” at UNIVERSAL MUSIC GROUP NV, 2023-2024
Asset manager	For	Abstain	Vote
SEQUOIA FUND INC	6,114,266	0	For
BBH Trust	1,279,801	0	For
John Hancock	246,104	0	For
Bridge Builder Trust	173,341	0	For
Jackson National	167,325	0	For
PRIMECAP Odyssey Funds	164,416	0	For
Guardian Variable Products Trust	141,826	0	For
Calamos	80,080	0	For
Smead Funds Trust	60,211	0	For
DIAMOND HILL FUNDS	40,963	0	For
GREEN CENTURY FUNDS	36,780	0	For
TrimTabs ETF Trust	15,558	0	For
Touchstone ETF Trust	14,504	0	For
Tidal ETF Trust	13,519	0	For
WILSHIRE MUTUAL FUNDS INC	7,259	0	For
Advisors' Inner Circle Fund III	7,091	0	For
Pacer Funds Trust	6,956	0	For
GPS Funds I	2,780	0	For
Tema ETF Trust	390	0	For
CITY NATIONAL ROCHDALE FUNDS	0	65	Abstain

27. NON-EXECUTIVE DIRECTOR REMUNERATION: ADOPTION OF THE NON-EXECUTIVE DIRECTORS REMUNERATION POLICY

COMPENSATION

99.5% fund support · no official result

FOR 99.5%

The 20 asset managers below cast 99.5% of the shares they voted on this item FOR (8,536,390 for, 36,780 against).

FOR: 8,536,390 (99.6%)AGAINST: 36,780 (0.4%)ABSTAIN: 65 (0.0%)

Largest asset managers voting on “NON-EXECUTIVE DIRECTOR REMUNERATION: ADOPTION OF THE NON-EXECUTIVE DIRECTORS REMUNERATION POLICY” at UNIVERSAL MUSIC GROUP NV, 2023-2024
Asset manager	For	Against	Abstain	Vote
SEQUOIA FUND INC	6,114,266	0	0	For
BBH Trust	1,279,801	0	0	For
John Hancock	246,104	0	0	For
Bridge Builder Trust	173,341	0	0	For
Jackson National	167,325	0	0	For
PRIMECAP Odyssey Funds	164,416	0	0	For
Guardian Variable Products Trust	141,826	0	0	For
Calamos	80,080	0	0	For
Smead Funds Trust	60,211	0	0	For
DIAMOND HILL FUNDS	40,963	0	0	For
GREEN CENTURY FUNDS	0	36,780	0	Against
TrimTabs ETF Trust	15,558	0	0	For
Touchstone ETF Trust	14,504	0	0	For
Tidal ETF Trust	13,519	0	0	For
WILSHIRE MUTUAL FUNDS INC	7,259	0	0	For
Advisors' Inner Circle Fund III	7,091	0	0	For
Pacer Funds Trust	6,956	0	0	For
GPS Funds I	2,780	0	0	For
Tema ETF Trust	390	0	0	For
CITY NATIONAL ROCHDALE FUNDS	0	0	65	Abstain

28. NON-EXECUTIVE DIRECTOR REMUNERATION: AUTHORIZATION TO ISSUE SHARES AND GRANT RIGHTS TO SUBSCRIBE FOR SHARES TO NON-EXECUTIVE DIRECTORS UNDER THE NON-EXECUTIVE DIRECTORS REMUNERATION POLICY

COMPENSATION

99.5% fund support · no official result

FOR 99.5%

The 20 asset managers below cast 99.5% of the shares they voted on this item FOR (8,536,390 for, 36,780 against).

FOR: 8,536,390 (99.6%)AGAINST: 36,780 (0.4%)ABSTAIN: 65 (0.0%)

Largest asset managers voting on “NON-EXECUTIVE DIRECTOR REMUNERATION: AUTHORIZATION TO ISSUE SHARES AND GRANT RIGHTS TO SUBSCRIBE FOR SHARES TO” at UNIVERSAL MUSIC GROUP NV, 2023-2024
Asset manager	For	Against	Abstain	Vote
SEQUOIA FUND INC	6,114,266	0	0	For
BBH Trust	1,279,801	0	0	For
John Hancock	246,104	0	0	For
Bridge Builder Trust	173,341	0	0	For
Jackson National	167,325	0	0	For
PRIMECAP Odyssey Funds	164,416	0	0	For
Guardian Variable Products Trust	141,826	0	0	For
Calamos	80,080	0	0	For
Smead Funds Trust	60,211	0	0	For
DIAMOND HILL FUNDS	40,963	0	0	For
GREEN CENTURY FUNDS	0	36,780	0	Against
TrimTabs ETF Trust	15,558	0	0	For
Touchstone ETF Trust	14,504	0	0	For
Tidal ETF Trust	13,519	0	0	For
WILSHIRE MUTUAL FUNDS INC	7,259	0	0	For
Advisors' Inner Circle Fund III	7,091	0	0	For
Pacer Funds Trust	6,956	0	0	For
GPS Funds I	2,780	0	0	For
Tema ETF Trust	390	0	0	For
CITY NATIONAL ROCHDALE FUNDS	0	0	65	Abstain

29. RE-APPOINTMENT OF BILL ACKMAN AS NON-EXECUTIVE DIRECTOR

DIRECTOR ELECTIONS

93% fund support · no official result

FOR 93%

The 20 asset managers below cast 93% of the shares they voted on this item FOR (7,981,202 for, 578,449 against).

FOR: 7,981,202 (93.1%)AGAINST: 578,449 (6.7%)ABSTAIN: 13,584 (0.2%)

Largest asset managers voting on “RE-APPOINTMENT OF BILL ACKMAN AS NON-EXECUTIVE DIRECTOR” at UNIVERSAL MUSIC GROUP NV, 2023-2024
Asset manager	For	Against	Abstain	Vote
SEQUOIA FUND INC	6,114,266	0	0	For
BBH Trust	1,279,801	0	0	For
John Hancock	0	246,104	0	Against
Bridge Builder Trust	0	173,341	0	Against
Jackson National	159,883	7,442	0	For
PRIMECAP Odyssey Funds	164,416	0	0	For
Guardian Variable Products Trust	0	141,826	0	Against
Calamos	80,080	0	0	For
Smead Funds Trust	60,211	0	0	For
DIAMOND HILL FUNDS	40,963	0	0	For
GREEN CENTURY FUNDS	36,780	0	0	For
TrimTabs ETF Trust	15,558	0	0	For
Touchstone ETF Trust	14,504	0	0	For
Tidal ETF Trust	0	0	13,519	Abstain
WILSHIRE MUTUAL FUNDS INC	7,259	0	0	For
Advisors' Inner Circle Fund III	7,091	0	0	For
Pacer Funds Trust	0	6,956	0	Against
GPS Funds I	0	2,780	0	Against
Tema ETF Trust	390	0	0	For
CITY NATIONAL ROCHDALE FUNDS	0	0	65	Abstain

30. RE-APPOINTMENT OF CATHIA LAWSON HALL AS NON-EXECUTIVE DIRECTOR

DIRECTOR ELECTIONS

91% fund support · no official result

FOR 91%9%

The 20 asset managers below cast 91% of the shares they voted on this item FOR (7,821,319 for, 738,332 against).

FOR: 7,821,319 (91.2%)AGAINST: 738,332 (8.6%)ABSTAIN: 13,584 (0.2%)

Largest asset managers voting on “RE-APPOINTMENT OF CATHIA LAWSON HALL AS NON-EXECUTIVE DIRECTOR” at UNIVERSAL MUSIC GROUP NV, 2023-2024
Asset manager	For	Against	Abstain	Vote
SEQUOIA FUND INC	6,114,266	0	0	For
BBH Trust	1,279,801	0	0	For
John Hancock	0	246,104	0	Against
Bridge Builder Trust	0	173,341	0	Against
Jackson National	0	167,325	0	Against
PRIMECAP Odyssey Funds	164,416	0	0	For
Guardian Variable Products Trust	0	141,826	0	Against
Calamos	80,080	0	0	For
Smead Funds Trust	60,211	0	0	For
DIAMOND HILL FUNDS	40,963	0	0	For
GREEN CENTURY FUNDS	36,780	0	0	For
TrimTabs ETF Trust	15,558	0	0	For
Touchstone ETF Trust	14,504	0	0	For
Tidal ETF Trust	0	0	13,519	Abstain
WILSHIRE MUTUAL FUNDS INC	7,259	0	0	For
Advisors' Inner Circle Fund III	7,091	0	0	For
Pacer Funds Trust	0	6,956	0	Against
GPS Funds I	0	2,780	0	Against
Tema ETF Trust	390	0	0	For
CITY NATIONAL ROCHDALE FUNDS	0	0	65	Abstain

31. RE-APPOINTMENT OF CYRILLE BOLLORE AS NON-EXECUTIVE DIRECTOR

DIRECTOR ELECTIONS

79% fund support · no official result

FOR 78%AGAINST 21%

The 20 asset managers below cast 79% of the shares they voted on this item FOR (6,700,651 for, 1,778,920 against).

FOR: 6,700,651 (78.2%)AGAINST: 1,778,920 (20.7%)ABSTAIN: 93,664 (1.1%)

Largest asset managers voting on “RE-APPOINTMENT OF CYRILLE BOLLORE AS NON-EXECUTIVE DIRECTOR” at UNIVERSAL MUSIC GROUP NV, 2023-2024
Asset manager	For	Against	Abstain	Vote
SEQUOIA FUND INC	6,114,266	0	0	For
BBH Trust	239,213	1,040,588	0	Against
John Hancock	0	246,104	0	Against
Bridge Builder Trust	0	173,341	0	Against
Jackson National	0	167,325	0	Against
PRIMECAP Odyssey Funds	164,416	0	0	For
Guardian Variable Products Trust	0	141,826	0	Against
Calamos	0	0	80,080	Abstain
Smead Funds Trust	60,211	0	0	For
DIAMOND HILL FUNDS	40,963	0	0	For
GREEN CENTURY FUNDS	36,780	0	0	For
TrimTabs ETF Trust	15,558	0	0	For
Touchstone ETF Trust	14,504	0	0	For
Tidal ETF Trust	0	0	13,519	Abstain
WILSHIRE MUTUAL FUNDS INC	7,259	0	0	For
Advisors' Inner Circle Fund III	7,091	0	0	For
Pacer Funds Trust	0	6,956	0	Against
GPS Funds I	0	2,780	0	Against
Tema ETF Trust	390	0	0	For
CITY NATIONAL ROCHDALE FUNDS	0	0	65	Abstain

32. RE-APPOINTMENT OF JAMES MITCHELL AS NON-EXECUTIVE DIRECTOR

DIRECTOR ELECTIONS

79% fund support · no official result

FOR 79%AGAINST 21%

The 20 asset managers below cast 79% of the shares they voted on this item FOR (6,780,731 for, 1,778,920 against).

FOR: 6,780,731 (79.1%)AGAINST: 1,778,920 (20.7%)ABSTAIN: 13,584 (0.2%)

Largest asset managers voting on “RE-APPOINTMENT OF JAMES MITCHELL AS NON-EXECUTIVE DIRECTOR” at UNIVERSAL MUSIC GROUP NV, 2023-2024
Asset manager	For	Against	Abstain	Vote
SEQUOIA FUND INC	6,114,266	0	0	For
BBH Trust	239,213	1,040,588	0	Against
John Hancock	0	246,104	0	Against
Bridge Builder Trust	0	173,341	0	Against
Jackson National	0	167,325	0	Against
PRIMECAP Odyssey Funds	164,416	0	0	For
Guardian Variable Products Trust	0	141,826	0	Against
Calamos	80,080	0	0	For
Smead Funds Trust	60,211	0	0	For
DIAMOND HILL FUNDS	40,963	0	0	For
GREEN CENTURY FUNDS	36,780	0	0	For
TrimTabs ETF Trust	15,558	0	0	For
Touchstone ETF Trust	14,504	0	0	For
Tidal ETF Trust	0	0	13,519	Abstain
WILSHIRE MUTUAL FUNDS INC	7,259	0	0	For
Advisors' Inner Circle Fund III	7,091	0	0	For
Pacer Funds Trust	0	6,956	0	Against
GPS Funds I	0	2,780	0	Against
Tema ETF Trust	390	0	0	For
CITY NATIONAL ROCHDALE FUNDS	0	0	65	Abstain

33. RE-APPOINTMENT OF MANNING DOHERTY AS NON-EXECUTIVE DIRECTOR

DIRECTOR ELECTIONS

91% fund support · no official result

FOR 91%9%

The 20 asset managers below cast 91% of the shares they voted on this item FOR (7,821,319 for, 738,332 against).

FOR: 7,821,319 (91.2%)AGAINST: 738,332 (8.6%)ABSTAIN: 13,584 (0.2%)

Largest asset managers voting on “RE-APPOINTMENT OF MANNING DOHERTY AS NON-EXECUTIVE DIRECTOR” at UNIVERSAL MUSIC GROUP NV, 2023-2024
Asset manager	For	Against	Abstain	Vote
SEQUOIA FUND INC	6,114,266	0	0	For
BBH Trust	1,279,801	0	0	For
John Hancock	0	246,104	0	Against
Bridge Builder Trust	0	173,341	0	Against
Jackson National	0	167,325	0	Against
PRIMECAP Odyssey Funds	164,416	0	0	For
Guardian Variable Products Trust	0	141,826	0	Against
Calamos	80,080	0	0	For
Smead Funds Trust	60,211	0	0	For
DIAMOND HILL FUNDS	40,963	0	0	For
GREEN CENTURY FUNDS	36,780	0	0	For
TrimTabs ETF Trust	15,558	0	0	For
Touchstone ETF Trust	14,504	0	0	For
Tidal ETF Trust	0	0	13,519	Abstain
WILSHIRE MUTUAL FUNDS INC	7,259	0	0	For
Advisors' Inner Circle Fund III	7,091	0	0	For
Pacer Funds Trust	0	6,956	0	Against
GPS Funds I	0	2,780	0	Against
Tema ETF Trust	390	0	0	For
CITY NATIONAL ROCHDALE FUNDS	0	0	65	Abstain

34. RE-APPOINTMENT OF MARGARET FREREJEAN TAITTINGER AS NON-EXECUTIVE DIRECTOR

DIRECTOR ELECTIONS

97% fund support · no official result

FOR 97%

The 20 asset managers below cast 97% of the shares they voted on this item FOR (8,299,976 for, 259,675 against).

FOR: 8,299,976 (96.8%)AGAINST: 259,675 (3.0%)ABSTAIN: 13,584 (0.2%)

Largest asset managers voting on “RE-APPOINTMENT OF MARGARET FREREJEAN TAITTINGER AS NON-EXECUTIVE DIRECTOR” at UNIVERSAL MUSIC GROUP NV, 2023-2024
Asset manager	For	Against	Abstain	Vote
SEQUOIA FUND INC	6,114,266	0	0	For
BBH Trust	1,279,801	0	0	For
John Hancock	28,021	218,083	0	Against
Bridge Builder Trust	131,749	41,592	0	For
Jackson National	167,325	0	0	For
PRIMECAP Odyssey Funds	164,416	0	0	For
Guardian Variable Products Trust	141,826	0	0	For
Calamos	80,080	0	0	For
Smead Funds Trust	60,211	0	0	For
DIAMOND HILL FUNDS	40,963	0	0	For
GREEN CENTURY FUNDS	36,780	0	0	For
TrimTabs ETF Trust	15,558	0	0	For
Touchstone ETF Trust	14,504	0	0	For
Tidal ETF Trust	0	0	13,519	Abstain
WILSHIRE MUTUAL FUNDS INC	7,259	0	0	For
Advisors' Inner Circle Fund III	7,091	0	0	For
Pacer Funds Trust	6,956	0	0	For
GPS Funds I	2,780	0	0	For
Tema ETF Trust	390	0	0	For
CITY NATIONAL ROCHDALE FUNDS	0	0	65	Abstain

35. RE-APPOINTMENT OF NICOLE AVANT AS NON-EXECUTIVE DIRECTOR

DIRECTOR ELECTIONS

99.5% fund support · no official result

FOR 99.3%

The 20 asset managers below cast 99.5% of the shares they voted on this item FOR (8,518,059 for, 41,592 against).

FOR: 8,518,059 (99.4%)AGAINST: 41,592 (0.5%)ABSTAIN: 13,584 (0.2%)

Largest asset managers voting on “RE-APPOINTMENT OF NICOLE AVANT AS NON-EXECUTIVE DIRECTOR” at UNIVERSAL MUSIC GROUP NV, 2023-2024
Asset manager	For	Against	Abstain	Vote
SEQUOIA FUND INC	6,114,266	0	0	For
BBH Trust	1,279,801	0	0	For
John Hancock	246,104	0	0	For
Bridge Builder Trust	131,749	41,592	0	For
Jackson National	167,325	0	0	For
PRIMECAP Odyssey Funds	164,416	0	0	For
Guardian Variable Products Trust	141,826	0	0	For
Calamos	80,080	0	0	For
Smead Funds Trust	60,211	0	0	For
DIAMOND HILL FUNDS	40,963	0	0	For
GREEN CENTURY FUNDS	36,780	0	0	For
TrimTabs ETF Trust	15,558	0	0	For
Touchstone ETF Trust	14,504	0	0	For
Tidal ETF Trust	0	0	13,519	Abstain
WILSHIRE MUTUAL FUNDS INC	7,259	0	0	For
Advisors' Inner Circle Fund III	7,091	0	0	For
Pacer Funds Trust	6,956	0	0	For
GPS Funds I	2,780	0	0	For
Tema ETF Trust	390	0	0	For
CITY NATIONAL ROCHDALE FUNDS	0	0	65	Abstain

36. RE-APPOINTMENT OF VINCENT VALLEJO AS EXECUTIVE DIRECTOR

DIRECTOR ELECTIONS

94% fund support · no official result

FOR 94%

The 20 asset managers below cast 94% of the shares they voted on this item FOR (8,023,943 for, 535,708 against).

FOR: 8,023,943 (93.6%)AGAINST: 535,708 (6.2%)ABSTAIN: 13,584 (0.2%)

Largest asset managers voting on “RE-APPOINTMENT OF VINCENT VALLEJO AS EXECUTIVE DIRECTOR” at UNIVERSAL MUSIC GROUP NV, 2023-2024
Asset manager	For	Against	Abstain	Vote
SEQUOIA FUND INC	6,114,266	0	0	For
BBH Trust	1,279,801	0	0	For
John Hancock	0	246,104	0	Against
Bridge Builder Trust	41,592	131,749	0	Against
Jackson National	161,032	6,293	0	For
PRIMECAP Odyssey Funds	164,416	0	0	For
Guardian Variable Products Trust	0	141,826	0	Against
Calamos	80,080	0	0	For
Smead Funds Trust	60,211	0	0	For
DIAMOND HILL FUNDS	40,963	0	0	For
GREEN CENTURY FUNDS	36,780	0	0	For
TrimTabs ETF Trust	15,558	0	0	For
Touchstone ETF Trust	14,504	0	0	For
Tidal ETF Trust	0	0	13,519	Abstain
WILSHIRE MUTUAL FUNDS INC	7,259	0	0	For
Advisors' Inner Circle Fund III	7,091	0	0	For
Pacer Funds Trust	0	6,956	0	Against
GPS Funds I	0	2,780	0	Against
Tema ETF Trust	390	0	0	For
CITY NATIONAL ROCHDALE FUNDS	0	0	65	Abstain

37. REPURCHASE AND CANCELLATION OF SHARES: AUTHORIZATION OF THE BOARD AS THE COMPETENT BODY TO REPURCHASE OWN SHARES

CAPITAL STRUCTURE

99.8% fund support · no official result

FOR 99.8%

The 20 asset managers below cast 99.8% of the shares they voted on this item FOR (8,559,651 for, 13,519 against).

FOR: 8,559,651 (99.8%)AGAINST: 13,519 (0.2%)ABSTAIN: 65 (0.0%)

Largest asset managers voting on “REPURCHASE AND CANCELLATION OF SHARES: AUTHORIZATION OF THE BOARD AS THE COMPETENT BODY TO REPURCHASE OWN SHAR” at UNIVERSAL MUSIC GROUP NV, 2023-2024
Asset manager	For	Against	Abstain	Vote
SEQUOIA FUND INC	6,114,266	0	0	For
BBH Trust	1,279,801	0	0	For
John Hancock	246,104	0	0	For
Bridge Builder Trust	173,341	0	0	For
Jackson National	167,325	0	0	For
PRIMECAP Odyssey Funds	164,416	0	0	For
Guardian Variable Products Trust	141,826	0	0	For
Calamos	80,080	0	0	For
Smead Funds Trust	60,211	0	0	For
DIAMOND HILL FUNDS	40,963	0	0	For
GREEN CENTURY FUNDS	36,780	0	0	For
TrimTabs ETF Trust	15,558	0	0	For
Touchstone ETF Trust	14,504	0	0	For
Tidal ETF Trust	0	13,519	0	Against
WILSHIRE MUTUAL FUNDS INC	7,259	0	0	For
Advisors' Inner Circle Fund III	7,091	0	0	For
Pacer Funds Trust	6,956	0	0	For
GPS Funds I	2,780	0	0	For
Tema ETF Trust	390	0	0	For
CITY NATIONAL ROCHDALE FUNDS	0	0	65	Abstain

38. REPURCHASE AND CANCELLATION OF SHARES: CANCELLATION OF SHARES

CAPITAL STRUCTURE

99.8% fund support · no official result

FOR 99.8%

The 20 asset managers below cast 99.8% of the shares they voted on this item FOR (8,559,651 for, 13,519 against).

FOR: 8,559,651 (99.8%)AGAINST: 13,519 (0.2%)ABSTAIN: 65 (0.0%)

Largest asset managers voting on “REPURCHASE AND CANCELLATION OF SHARES: CANCELLATION OF SHARES” at UNIVERSAL MUSIC GROUP NV, 2023-2024
Asset manager	For	Against	Abstain	Vote
SEQUOIA FUND INC	6,114,266	0	0	For
BBH Trust	1,279,801	0	0	For
John Hancock	246,104	0	0	For
Bridge Builder Trust	173,341	0	0	For
Jackson National	167,325	0	0	For
PRIMECAP Odyssey Funds	164,416	0	0	For
Guardian Variable Products Trust	141,826	0	0	For
Calamos	80,080	0	0	For
Smead Funds Trust	60,211	0	0	For
DIAMOND HILL FUNDS	40,963	0	0	For
GREEN CENTURY FUNDS	36,780	0	0	For
TrimTabs ETF Trust	15,558	0	0	For
Touchstone ETF Trust	14,504	0	0	For
Tidal ETF Trust	0	13,519	0	Against
WILSHIRE MUTUAL FUNDS INC	7,259	0	0	For
Advisors' Inner Circle Fund III	7,091	0	0	For
Pacer Funds Trust	6,956	0	0	For
GPS Funds I	2,780	0	0	For
Tema ETF Trust	390	0	0	For
CITY NATIONAL ROCHDALE FUNDS	0	0	65	Abstain

39. Accounts and Reports

CORPORATE GOVERNANCE

100% fund support · no official result

FOR 100%

The 14 asset managers below cast 100% of the shares they voted on this item FOR (13,722,851 for, 0 against).

FOR: 13,722,851 (100.0%)

Largest asset managers voting on “Accounts and Reports” at UNIVERSAL MUSIC GROUP NV, 2023-2024
Asset manager	For	Vote
Putnam	5,247,061	For
Charles Schwab	1,834,381	For
Federated Hermes	1,773,373	For
Russell Investments	1,754,609	For
Vanguard	1,251,027	For
SEI	949,947	For
Mercer Funds	363,550	For
Hartford	350,412	For
IMPAX FUNDS SERIES TRUST I	141,071	For
PACE SELECT ADVISORS TRUST	48,671	For
Principal	4,027	For
Prudential/PGIM	2,730	For
Adviser Managed Trust	1,052	For
Global X	940	For

40. Allocation of Dividends

CAPITAL STRUCTURE

100% fund support · no official result

FOR 100%

The 14 asset managers below cast 100% of the shares they voted on this item FOR (13,722,851 for, 0 against).

FOR: 13,722,851 (100.0%)

Largest asset managers voting on “Allocation of Dividends” at UNIVERSAL MUSIC GROUP NV, 2023-2024
Asset manager	For	Vote
Putnam	5,247,061	For
Charles Schwab	1,834,381	For
Federated Hermes	1,773,373	For
Russell Investments	1,754,609	For
Vanguard	1,251,027	For
SEI	949,947	For
Mercer Funds	363,550	For
Hartford	350,412	For
IMPAX FUNDS SERIES TRUST I	141,071	For
PACE SELECT ADVISORS TRUST	48,671	For
Principal	4,027	For
Prudential/PGIM	2,730	For
Adviser Managed Trust	1,052	For
Global X	940	For

Showing the 40 reported items with the widest manager coverage, of 73 in total. View every item.

Largest UNIVERSAL MUSIC GROUP NV shareholders voting in 2023-2024

Ranked by the number of UNIVERSAL MUSIC GROUP NV shares each manager voted on the most widely held ballot item of the 2023-2024 meeting.

Top UNIVERSAL MUSIC GROUP NV shareholders by shares voted, 2023-2024
#	Asset manager	Shares voted
1	Fidelity	56,181,782
2	Capital Group	28,220,210
3	Vanguard	22,143,150
4	BlackRock	14,561,438
5	Artisan	6,966,827
6	Walter Scott & Partners Ltd	5,328,274
7	Invesco	4,555,345
8	TIAA	2,452,569
9	WisdomTree	2,401,646
10	BNY Mellon	2,346,748

Shown as share counts, not percentages: no shares-outstanding figure has been matched to UNIVERSAL MUSIC GROUP NV for the 2023-2024 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 investment companies and institutional managers disclose how they voted every proxy, 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 02 October 2026; a live search always shows the current data.

At UNIVERSAL MUSIC GROUP NV's shareholder meeting held 2024-05-16, in the 2023-2024 proxy season, 120 asset managers reported how they voted in their SEC Form N-PX filings, covering 6,468 separate fund positions. Their filings are grouped here into 73 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 cast 1% of the shares they voted in favour (FOR divided by FOR plus AGAINST, the conventional basis for proxy support; abstentions, broker non-votes and unvoted shares are excluded because none of them took a side). That is the aggregate of those managers' own N-PX disclosures, not the company's certified result, and the funds are a subset of all shareholders.

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