STATEMENT FROM WARNER MUSIC GROUP REGARDING BELIEVE

04/06/24

April 6, 2024 - Warner Music Group Corp. (“WMG”) announced today that, after careful consideration, it has decided not to submit a binding offer for Believe. WMG thanks the Ad Hoc Committee and Believe's leadership team for their time and cooperation, and wishes the company every success in future.

Contacts:
Image 7 - Paris
Anne-France Malrieu
afmalrieu@image7.fr
+33 6 89 87 61 18

Sergio de la Calle
sdelacalle@image7.fr
+33 6 69 58 42 34

Warner Music Group - London
Alex Jacob
Senior Vice President, Communications
alex.jacob@warnermusic.com

Warner Music Group - New York
James Steven
Chief Communications Officer
james.steven@wmg.com

Kareem Chin
Senior Vice President & Head of Investor Relations
kareem.chin@wmg.com