STATEMENT ON THE PASSING OF THOMAS H. LEE

“We are deeply saddened by the passing of our friend and colleague Tom Lee. Tom made valuable contributions to WMG’s trajectory for almost two decades. He was part of the original investor group that acquired WMG from Time Warner in 2004, and he served as a director of our company from 2004 until 2021, when he became Director Emeritus. Tom’s experience, wisdom, and enthusiastic support helped guide WMG through periods of major transformation, both within our company and in the music industry at large. Our condolences go out to his family and many friends.” – Robert Kyncl, CEO, Warner Music Group