Forward-Looking Statements and Risk Factors

This communication contains forward-looking statements, which are subject to risks and uncertainties that could cause actual results to differ materially from those expressed or implied, including those related to successful leadership integration, execution of business strategies, and other factors described in reports we file from time to time with the Securities and Exchange Commission (the “SEC”), including Forms 10-K and 10-Q. We undertake no obligation to update any forward-looking statements.

Important Additional Information and Where to Find It

The company has filed a definitive proxy statement on Schedule 14A, an accompanying WHITE proxy card, and other relevant documents with the SEC in connection with the solicitation of proxies from the company’s stockholders for the company’s 2026 annual meeting of stockholders. THE COMPANY’S STOCKHOLDERS ARE STRONGLY ENCOURAGED TO READ THE COMPANY’S DEFINITIVE PROXY STATEMENT (INCLUDING ANY AMENDMENTS OR SUPPLEMENTS THERETO), THE ACCOMPANYING WHITE PROXY CARD, AND ANY OTHER DOCUMENTS FILED OR TO BE FILED WITH THE SEC CAREFULLY AND IN THEIR ENTIRETY BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION. Stockholders may obtain a free copy of the definitive proxy statement, an accompanying WHITE proxy card, any amendments or supplements to the proxy statement, and other documents that the company files with the SEC at no charge from the SEC’s website at www.sec.gov. Copies will also be available at no charge by clicking the “SEC filings” link in the “Financial Information” section of the “Investors” tab of the company’s website at https://corporate.lululemon.com/.

I understand

How to vote

It is important that your shares of lululemon common stock be represented at the Annual Meeting, regardless of the number of shares that you hold.

Your vote is extremely important.

Whether or not you plan to attend the Annual Meeting, your Board recommends you vote using the WHITE proxy card provided by management to:

Vote “FOR” ALL THREE nominees and the proposals recommended by our Board of Directors, as soon as possible:

WHITE PROXY CARD
Nominees RECOMMENDED by the Board of Directors
FOR
WITHHOLD
1a. Chip Bergh
1b. Esi Eggleston Bracey
1c. Teri List
Nominees OPPOSED by the Board of Directors
FOR
WITHHOLD
1d. Laura Gentile
1e. Eric Hirshberg
1f. Marc Maurer
Voting your shares by proxy ensures that if you are unable to attend the Annual Meeting, your shares will be voted at the Annual Meeting. Voting now will not limit your right to change your vote or to attend the Annual Meeting.

On behalf of your Board and leadership team, thank you for your continued support.

Voting Methods

To submit your vote, you must first locate your WHITE proxy card. Once you have located your WHITE proxy card, simply follow one of the two easy ways to vote below:

Internet

Mail

Return the proxy or voting instruction form in the enclosed envelope.
If you have any questions or require assistance with voting your WHITE proxy card, please contact our proxy solicitation firm, Okapi Partners
1-888-785-6617
info@okapipartners.com

You may receive a proxy statement, GOLD proxy card and other solicitation materials from Dennis J. “Chip” Wilson asking you to vote for his candidates. Please simply disregard any gold proxy card you may receive from Dennis J. “Chip” Wilson.

If you have already submitted a gold proxy card, you may revoke that vote by voting again using lululemon’s WHITE proxy card. Only your latest-dated valid proxy will be counted at the Annual Meeting.
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