lululemon responds to Chip Wilson's director nominations, board to evaluate nominees

lululemon athletica inc.

Chip Wilson submitted notice to nominate three director candidates for lululemon's 2026 annual meeting; board will evaluate.
Board initiated comprehensive CEO search to guide growth and transformation; current CEO not named.
Revenue grew from $2.1B in FY2015 to expected $11.0B in FY2025; income from operations up ~6x over same period.
Cumulative share repurchases exceeded $5.5B since FY2015, reflecting strong cash flow generation.
Shareholders not required to act now; formal recommendation on nominations in upcoming proxy statement.

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