The Panel is composed of an international selection of artists and experts who will destill a list of nominees across the eight IMA categories. A longlist of potential nominees for each award category will be put together by the Editorial Board of Axel Springer Music Magazines and hosted by Rolling Stone Germany. This longlist will be submitted to the IMA Panel for consideration. Each category will be composed of eight artists, of which the Panel will select a shortlist of three for further consideration. Members of the IMA Panel are among others: Charli XCX, Carl Craig, Liam Gallagher, Adam Green, Lianne La Havas, Joan Wasser, Rufus Wainwright, and Cro.
Once the final three nominees for each category have been placed on a shortlist, a winner will be selected by the IMA Board, which is composed of six renowned and respected international music journalists.