REG-Pershing Square Holdings, Ltd. Pershing Square Holdings, Ltd. Notes Bill Ackman’s Resignation from the Universal Music Group N.V. Board of Directors

Pershing Square HoldingsAnnouncement

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Pershing Square Holdings, Ltd. Notes Bill Ackman’s Resignation from the
Universal Music Group N.V. Board of Directors

Follows May 5 Announcement that Bill Ackman was Named Executive Chairman of
the Board of Directors of Howard Hughes Holdings Inc. (NYSE:HHH)

 

Pershing Square Holdings, Ltd. (LN:PSH) (LN:PSHD) today notes that Bill
Ackman, CEO of PSH’s Investment Manager Pershing Square Capital Management,
L.P. (“Pershing Square”), has resigned from the Board of Universal Music
Group N.V. (EURONEXT: UMG) with effect from the conclusion of UMG’s AGM on
14 May 2025 due to increasing demands on his time from his other Pershing
Square commitments including his recent Executive Chairman appointment at
Howard Hughes Holdings (NYSE: HHH).

Mr. Ackman stated:

“Over the last three years, I have greatly enjoyed being a director of UMG
as it has transitioned from a private company into a flourishing public
enterprise. The company is extremely well positioned for future growth and
profitability under the superb leadership of Sir Lucian Grainge and the entire
UMG team. I am grateful to my fellow directors for their continued commitment
to driving long-term value for all shareholders.”

About Pershing Square Holdings, Ltd.

Pershing Square Holdings, Ltd. (LN:PSH) (LN:PSHD) is an investment holding
company structured as a closed-ended fund.

Category: (PSH:Other)

Media Contact

Camarco

Ed Gascoigne-Pees / Julia Tilley +44 (0)20 3781 8339,
MediaInquiries@pershingsquareholdings.com
(mailto:MediaInquiries@pershingsquareholdings.com)



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Pershing Square Holdings, Ltd.


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