Lululemon Athletica (LULU) Proxy filing summary

Executive summary

• Appointment of Heidi O'Neill as the next CEO, effective September 8, 2026, following an extensive search process.

• O'Neill brings decades of experience in global brand leadership, product innovation, and operational execution, notably from Nike.

• Interim Co-CEOs Meghan Frank and André Maestrini will continue in their roles until O'Neill's start, then return to their previous senior leadership positions.

• The company is focused on an Action Plan emphasizing product creation, activation, and enterprise enablement to drive growth and shareholder value.

Board of directors and corporate governance

• The Board led the CEO search and is committed to aligning leadership with company values and culture.

• Directors and certain executive officers are identified as participants in the 2026 proxy solicitation.

Voting matters and shareholder proposals

• Stockholders will be solicited for proxies for the 2026 annual meeting, with materials to be filed with the SEC.

• Shareholders are encouraged to review the definitive proxy statement and related materials when available.