Lululemon Athletica Shareholders Urged Not To Take Any Action At This Time Regarding Chip Wilson's Board Nominations

lululemon athletica inc. (NASDAQ:LULU) ("lululemon" or the "company") today commented on Chip Wilson's announcement that he has submitted a notice to nominate three director candidates to stand for election to the company's Board at lululemon's 2026 Annual Meeting of Shareholders:

lululemon shareholders do not need to take any action at this time. The Board will review and consider Mr. Wilson's director candidate nominations and present a formal recommendation regarding his nominations in the company's definitive proxy statement in advance of the company's 2026 Annual Meeting of Shareholders.