---
schema_version: "secwatch.filing_event.v1"
accession: "0001397187-23-000034"
form_type: "8-K"
ticker: "LULU"
cik: "0001397187"
company_name: "lululemon athletica inc."
filed_at: "2023-06-13T23:59:59+00:00"
generated_at: "2026-06-14T01:56:39.864277+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.15
confidence: "high"
source: SEC EDGAR
---

# Lululemon shareholders approve 2023 Equity Incentive Plan, say-on-pay; board adopts clawback policy

## Summary
- Shareholders elected all director nominees: Michael Casey, Glenn Murphy, David Mussafer, Isabel Mahe.
- Ratified PricewaterhouseCoopers as auditor for FY2024 (111.5M for, 859K against).
- Approved advisory say-on-pay (98.7M for, 6.4M against) and recommended frequency of 1 year.
- Approved 2023 Equity Incentive Plan (102.2M for, 2.9M against).
- Board adopted clawback policy for recovery of erroneously awarded incentive compensation.

## SEC filing metadata
- accession: 0001397187-23-000034
- form_type: 8-K
- ticker: LULU
- cik: 0001397187
- company_name: lululemon athletica inc.
- filed_at: 2023-06-13T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.15
- confidence: high
- sec_items: 5.07, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1397187/000139718723000034/0001397187-23-000034-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1397187/000139718723000034/lulu-20230607.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001397187-23-000034
- JSON: https://secwatch.observer/filing/0001397187-23-000034.json
- Plain text: https://secwatch.observer/filing/0001397187-23-000034.txt

## Key facts
- Shareholder Votes
  lululemon athletica inc. shareholders approved to approve the adoption of the lululemon athletica inc. 2023 Equity Incentive Plan at the 2023-06-07 meeting.
  - Proposal: equity plan
  - Outcome: passed
  - Meeting: 2023-06-07
  source text: Approval of Adoption of the lululemon athletica inc. 2023 Equity Incentive Plan: Votes For Votes Against Votes Abstained Broker Non-Votes 2023 Equity Incentive Plan 102,204,735 2,863,562 49,701 7,284,451 The foregoing proposal was approved.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1397187/000139718723000034/0001397187-23-000034-index.htm
- Shareholder Votes
  lululemon athletica inc. shareholders approved to elect three Class I directors to hold a three-year term and to approve the continuation of one Class II director to serve the remainder of the term at the 2023-06-07 meeting.
  - Proposal: director election
  - Outcome: passed
  - Meeting: 2023-06-07
  source text: Each of the foregoing nominees was elected and each received more votes for than the votes cast against that nominee's election.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1397187/000139718723000034/0001397187-23-000034-index.htm
- Shareholder Votes
  lululemon athletica inc. shareholders approved to approve, on an advisory basis, the frequency of say-on-pay votes at the 2023-06-07 meeting.
  - Proposal: say on pay frequency
  - Outcome: passed
  - Meeting: 2023-06-07
  source text: Recommended Frequency of Advisory Say-on-Pay Proposal: 1 Year 2 Years 3 Years Votes Abstained Broker Non-Votes Say-on-Pay Frequency 92,950,646 10,273,494 1,606,107 287,751 7,284,451 The foregoing proposal recommended an advisory say-on-pay proposal frequency of 1 year.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1397187/000139718723000034/0001397187-23-000034-index.htm
- Shareholder Votes
  lululemon athletica inc. shareholders approved to approve, on an advisory basis, the compensation of our named executive officers at the 2023-06-07 meeting.
  - Proposal: say on pay
  - Outcome: passed
  - Meeting: 2023-06-07
  source text: Approval, on an Advisory Basis, of Executive Compensation: Votes For Votes Against Votes Abstained Broker Non-Votes Executive Compensation 98,653,692 6,383,980 80,326 7,284,451 The foregoing proposal was approved.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1397187/000139718723000034/0001397187-23-000034-index.htm
- Shareholder Votes
  lululemon athletica inc. shareholders approved to ratify the selection of PricewaterhouseCoopers LLP as our independent registered public accounting firm for the fiscal year ending January 28, 2024 at the 2023-06-07 meeting.
  - Proposal: auditor ratification
  - Outcome: passed
  - Meeting: 2023-06-07
  source text: Ratification of Appointment of Independent Registered Public Accounting Firm: Votes For Votes Against Votes Abstained PricewaterhouseCoopers LLP 111,491,407 859,225 51,817 The foregoing proposal was approved.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1397187/000139718723000034/0001397187-23-000034-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.