18 unchanged sentences
There have been no changes in our internal control over financial reporting or other factors that occurred during the fourth fiscal quarter of the fiscal year ended September 30, 2022 that have materially affected, or are reasonably likely to materially affect, the Company’s internal control over financial reporting.
−Removed: The Company has not experienced any material impact to our internal controls over financial reporting despite the fact that most of our employees continue to work remotely due to the COVID-19 global pandemic.
−Removed: The Company will continue to monitor and assess the impact of the COVID-19 situation and our ability to maintain the design and operating effectiveness of internal controls over financial reporting.
+Added: The Company has not experienced any material impact to our internal controls over financial reporting despite the fact that many of our employees continue to work remotely due to the COVID-19 global pandemic.
Management’s Report on Internal Control Over Financial Reporting
11 unchanged sentences
OTHER INFORMATION
+Added: DISCLOSURE REGARDING FOREIGN JURISDICTIONS THAT PREVENT INSPECTIONS
+Added: Not applicable.
DIRECTORS, EXECUTIVE OFFICERS AND CORPORATE GOVERNANCE
11 unchanged sentences
(1) Financial Statements:
−Removed: The Financial Statements listed in the Index to Consolidated Financial Statements under Part II, Item 8 of this Annual Report.
+Added: The Financial Statements are listed in the Index to Consolidated Financial Statements under Part II, Item 8 of this Annual Report.
(2) Financial Statement Schedules:
17 unchanged sentences
4.6(6) Fourth Supplemental Indenture, dated as of November 2, 2020, among WMG Acquisition Corp., the guarantors listed on the signature pages thereto and Wells Fargo Bank, National Association, as Trustee, relating to the additional 3.000% Senior Secured Notes due 2031.
−Removed: 4.7(8) Fifth Supplemental Indenture, dated August 16, 2021, among WMG Acquisition Corp., the guarantors listed on the signature pages thereto and Wells Fargo Bank, National Association, as Trustee, relating to the 2.250% Senior Secured Notes due 2031.
Exhibit Description
−Removed: 4.8 Form of 3.875% Senior Secured Note due 2030 (included in Exhibit 4.
−Removed: 4.9 Form of 2.750% Senior Secured Note due 2028 (included in Exhibit 4.
−Removed: 4.10 Form of 3.000% Senior Secured Note due 2031 (included in Exhibit 4.
+Added: 4.7(8) Fifth Supplemental Indenture, dated August 16, 2021, among WMG Acquisition Corp., the guarantors listed on the signature pages thereto and Wells Fargo Bank, National Association, as Trustee, relating to the 2.250% Senior Secured Notes due 2031.
+Added: 4.8 Form of 3.875% Senior Secured Note due 2030 (included in Exhibit 4.3 hereto).
+Added: 4.9 Form of 2.750% Senior Secured Note due 2028 (included in Exhibit 4.4 hereto).
+Added: 4.10 Form of 3.000% Senior Secured Note due 2031 (included in Exhibit 4.5 hereto).
4.11 Form of Secured Note of WMG Acquisition Corp.
−Removed: (included in Exhibit 4.
+Added: (included in Exhibit 4.2 hereto).
4.12 Form of 2.250% Senior Secured Notes due 2031 (included in Exhibit 4.7 hereto).
25 unchanged sentences
10.15(2) Subsidiary Guaranty, dated as of January 31, 2018, made by the persons listed on the signature pages thereto under the caption “Guarantors” and the Additional Guarantors (as defined therein) in favor of the Secured Parties (as defined therein), relating to the revolving credit facility.
+Added: Exhibit Description
10.16(2) First Amendment to Credit Agreement, dated as of October 9, 2019, among WMG Acquisition Corp.
and Credit Suisse AG, as Administrative Agent, as defined therein, relating to the revolving credit facility.
−Removed: Exhibit Description
10.17(2) Second Amendment to Credit Agreement, dated as of April 3, 2020, among WMG Acquisition Corp., the several banks and other financial institutions party thereto and Credit Suisse AG, as administrative agent, relating to the revolving credit facility.
20 unchanged sentences
and Eric Levin.
+Added: 10.30*† Letter Agreement, dated as of September 20, 2022, between Warner Music Group Corp and Robert Kyncl.
+Added: 10.31*† Form of CEO Performance Share Award Agreement.
+Added: 10.32*† Form of CEO Option Award Terms and Conditions.
+Added: 10.33†(10) Terms and Conditions of Restricted Stock Units .
+Added: 10.34†(10) Additional Terms and Conditions of Restricted Stock Units in the United Kingdom.
10.35†(2) Service Agreement, dated as of March 20, 2017, between Max Lousada and Warner Music International Services Limited
29 unchanged sentences
Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002
+Added: Exhibit Description
101.INS Inline XBRL Instance Document – the instance document does not appear in the Interactive Data File because its XBRL tags are embedded within the Inline XBRL document.
3 unchanged sentences
101.LAB XBRL Taxonomy Extension Label Linkbase Document
−Removed: Exhibit Description
101.PRE XBRL Taxonomy Extension Presentation Linkbase Document
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(8) Incorporated by reference to Warner Music Group Corp.’s Current Report on Form 8-K filed August 16, 2021.
+Added: (9) Incorporated by reference to Warner Music Group Corp.’s Annual Report on Form 10-K for the period ended September 30, 2021 (File No.
+Added: (10) Incorporated by reference to Warner Music Group Corp.’s Quarterly Report on Form 10-Q for the period ended December 31, 2020 (File No.
FORM 10-K SUMMARY
5 unchanged sentences
(Principal Executive Officer)
−Removed: /s/ L OUIS D ICKLER
−Removed: Louis Dickler
−Removed: Acting Chief Financial Officer
+Added: /s/ E RIC L EVIN
+Added: Chief Financial Officer
(Principal Financial Officer and
9 unchanged sentences
Stephen Cooper
−Removed: /s/ L OUIS D ICKLER
−Removed: Acting Chief Financial Officer (Principal Financial Officer and Principal Accounting Officer)
−Removed: Louis Dickler
+Added: /s/ E RIC L EVIN
+Added: Chief Financial Officer (Principal Financial Officer and Principal Accounting Officer)
/s/ M ICHAEL L YNTON
8 unchanged sentences
Alex Blavatnik
−Removed: /s/ M ATHIAS D ÖEPFNER
−Removed: Mathias Döepfner
+Added: /s/ M ATHIAS D ÖPFNER
+Added: Mathias Döpfner
/s/ N ANCY D UBUC
5 unchanged sentences
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.