X0306 4 2020-12-08 0 0001319161 Warner Music Group Corp. WMG 0001335032 Cooper Stephen Forbes C/O WARNER MUSIC GROUP CORP. 1633 BROADWAY NEW YORK NY 10019 1 1 0 0 CEO Class A Common Stock 2020-12-08 4 S 0 557000 31.04 D 4803864 D Class A Common Stock 7048933 I By grantor retained annuity trust Includes shares of the Issuer's Class A Common Stock received in settlement of the reporting person's vested Deferred Equity Units issued under the Second Amended and Restated Warner Music Group Corp. Senior Management Free Cash Flow Plan. Includes shares of the Issuer's Class A Common Stock that converted from shares of the Issuer's Class B Common Stock previously held by WMG Management Holdings, LLC, ("Management LLC") represented by Class A Units and Class B Units of Management LLC held directly and in trust by the reporting person, which units in Management LLC were redeemed from the reporting person on December 2, 2020 in exchange for shares of the Issuer's Class A Common Stock pursuant to the terms of the Second Amended and Restated Limited Liability Company Agreement of Management LLC. Held by two grantor retained annuity trusts. /s/ 2020-12-10