UNIVERSAL MUSIC GROUP FORMS GLOBAL IMPACT TEAM

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Susan Mazo named EVP, Chief Impact Officer

Dylan Siegler to join UMG as SVP, Head of Sustainability

Inside Projects, firm founded by Kristin Jones and Arielle Vavasseur, names UMG exclusive music industry partner

CLICK HERE [https://c212.net/c/link/?t=0&l=en&o=4181277-1&h=680995445&u=https%3A%2F%2Fumusic.box.com%2Fs%2Ff7sofubjrblpidxrkyfb0n1ax874c8cm&a=HERE] TO DOWNLOAD ASSETS

SANTA MONICA, Calif., June 3, 2024 /PRNewswire/ -- Universal Music Group (UMG), the world's leading music entertainment company, today announced the formation of the UMG Global Impact Team that will enact and amplify the company's vision for positive change through community engagement, environmental sustainability, events and special projects.

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In making the announcement, Sir Lucian Grainge, Chairman and CEO of Universal Music Group said, "The formation of the Global Impact Team reflects our commitment not only to accelerating our work in these critical areas but to do so in a way that leverages the experience and talent of these exceptional individuals to drive positive impact across our company, our industry and in the communities in which we serve. With this new structure we are ensuring that these functions are not siloed, but rather positioned to meaningfully influence all aspects of our global strategy."

In addition to the new structure, the company announced the Team's leadership, including:

    --  Susan Mazo, UMG's EVP of Social Responsibility, Events and Special
        Projects, has been promoted to EVP, Chief Impact Officer. Mazo, who
        brings nearly 30 years of industry experience, joined UMG in 2014 and
        has been a leader in the fields of sustainability, charitable giving,
        and community engagement. She serves as the founding Chair of UMG's All
        Together Now Foundation and the co-creator of the Amplifier Award
        recognizing artists for their commitment to creating positive change
        through their music and reach. In addition, she has developed numerous
        initiatives in the fields of artist healthcare, mental health and the
        unhoused.
    --  Dylan Siegler has been appointed as SVP, Head of Sustainability.
        Effective June 10, 2024, Siegler will lead the company's global
        sustainability efforts. Siegler brings to UMG two decades of experience
        in driving environmental and social impact in the Fortune 500, including
        decarbonization and climate justice strategy in energy, tech and the
        built environment. Previously, she was a music journalist. Siegler most
        recently served as SVP, Sustainability at GreenBiz Group, where she
        curated, built and hosted GreenBiz, one of the world's leading annual
        sustainability events.
    --  Inside Projects, a strategy and marketing agency that specializes in
        social impact, will make UMG its exclusive partner within the music
        industry, advising the Global Impact Team and the company across
        communications, public policy, artist and shareholder relations. Founded
        by Kristin Jones and Arielle Vavasseur, Inside Projects' past and
        present clients include Higher Ground Productions, Netflix and Spotify,
        among others.
    --  Dr. Menna Demessie, SVP and Executive Director, Task Force for
        Meaningful Change and former SVP of Policy and the Leadership Institute
        of the Congressional Black Caucus Foundation, will also serve as a
        member of the Global Impact Team leadership, as will
    --  Markie Ruzzo, who has been promoted to VP Global Impact and
    --  Sharlotte Ritchie, who previously served as Senior Director,
        Communications and head of the Task Force for Meaningful Change in the
        UK, and will now serve as to Senior Director, Global Impact &
        Communications.

Mazo said, "I'm honored to take on this new role and work alongside such an incredible team who have all been leaders in their respective fields. Through our work we've demonstrated that sustainability, community engagement and corporate social impact go hand-in-hand with delivering positive results for our employees, artists and shareholders. With this next evolution of our team and structure, and with Sir Lucian's constant encouragement and focus, I'm excited to create and implement a new approach that unites all of the efforts in a way that will amplify UMG's global impact and brand resonance given our unique position to enact positive change."

About Universal Music Group
At Universal Music Group, we exist to shape culture through the power of artistry. UMG is the world leader in music-based entertainment, with a broad array of businesses engaged in recorded music, music publishing, merchandising and audiovisual content. Featuring the most comprehensive catalogue of recordings and songs across every musical genre, UMG identifies and develops artists and produces and distributes the most critically acclaimed and commercially successful music in the world. Committed to artistry, innovation and entrepreneurship, UMG fosters the development of services, platforms and business models in order to broaden artistic and commercial opportunities for our artists and create new experiences for fans. For more information on Universal Music Group N.V. visit www.universalmusic.com [https://c212.net/c/link/?t=0&l=en&o=4181277-1&h=527138558&u=https%3A%2F%2Fwww.universalmusic.com%2F&a=www.universalmusic.com].

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CONTACT: James.Murtagh-Hopkins@umusic.com

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