Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangement of Certain Officers.

Succession Planning Process

On June 22, 2022, Warner Music Group Corp. (the "Company") announced that it has begun planning for the succession of the Company's Chief Executive Officer ("CEO") and director, Stephen Cooper. The Company expects the transition to happen by the end of 2023. Mr. Cooper has served as CEO since 2011, and will continue to serve as CEO and director until his replacement is appointed.

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