LULU: Leadership change

Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On September 8, 2026, the board of directors (the “Board”) of lululemon athletica inc. (the “Company”) appointed Heidi O’Neill as a member of the Board, effective as of such date. In connection with Ms. O’Neill’s appointment to the Board, the Board increased the size of the Board from 11 to 12 members. Ms. O’Neill serves as a Class II director. As previously announced, on September 8, 2026, Ms. O’Neill commenced service as Chief Executive Officer. In connection with Ms. O’Neill’s commencement of service, Meghan Frank and Andre Maestrini ceased serving as interim co-Chief Executive Officers as of such date. Other than in connection with Ms. O’Neill’s appointment as Chief Executive Officer, as previously announced, there are no arrangements or understandings between Ms. O’Neill and any other person pursuant to which she was selected as a director. There are no family relationships between Ms. O'Neill and any director or executive officer of the Company. There are no transactions in which Ms. O’Neill has a direct or indirect material interest requiring disclosure under Item 404(a) of Regulation S-K. As an employee of the Company, Ms. O’Neill will not receive any additional compensation for her service as a director. The Company has entered into its standard form indemnification agreement for directors with Ms. O’Neill. Item 5.03. Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year. On September 8, 2026, the Board adopted amendments to the Company’s bylaws. The amendments include the following: • The bylaws were amended to align with developments in Delaware law and jurisprudence. • Article II was