Lulus to close Chico, CA DC; consolidate at Ontario, CA by end of Q1 2025

Lulu's Fashion Lounge Holdings, Inc.

Closure of Chico distribution center; operations move to consolidated Ontario, CA facility.
Elimination of approximately 83 positions; transition plan intended to minimize disruption.
Expects exit costs of $0.5M to $1.0M in Q4 2024 and Q1 2025, primarily non-cash (asset amortization/depreciation).
Substantial completion targeted by end of first fiscal quarter 2025.

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