Wilson group seeks board seats at lululemon (NASDAQ: LULU) using GOLD proxy

Rhea-AI Filing Summary

lululemon athletica inc. shareholders were notified that Dennis J. Wilson and affiliated participants filed a Definitive Proxy Statement and accompanying GOLD universal proxy card to solicit proxies for the election of their slate of director candidates and for a business proposal at the 2026 annual meeting.

The participants furnished the proxy materials to shareholders and state that screenshots posted to CreativityFirstlulu.com on May 18, 2026 are attached as Exhibit 1 and incorporated by reference. Materials are available at no charge on the SEC website.

Insights

Corporate Governance Analyst

Activist slate filed a definitive proxy seeking board seats and a governance vote.

The filing states that Dennis J. Wilson and named participants have furnished a Definitive Proxy Statement and a GOLD universal proxy card to solicit proxies for the 2026 Annual Meeting. The action is a governance solicitation, not a financial result.

Timing and next steps depend on dissemination and the company’s response; shareholder materials and the Exhibit 1 screenshots posted on May 18, 2026 are cited as part of the solicitation.

Securities Lawyer

Filing follows standard proxy solicitation disclosure practices under Section 14(a).

The statement identifies the Participants by name, references the Definitive Proxy Statement and GOLD universal proxy card, and notes exhibit attachments. It also directs shareholders to obtain the materials on the SEC website at the provided URL.

Shareholder consideration will occur at the 2026 Annual Meeting; legal and procedural disclosures included comply with proxy-solicitation disclosure norms.

Key Terms

GOLD universal proxy card, Definitive Proxy Statement, solicit proxies

3 terms

GOLD universal proxy card regulatory

"accompanying GOLD Universal Proxy Card with the U.S. Securities and Exchange Commission"

A gold universal proxy card is a single ballot used in contested board elections that lists both the company’s nominees and challenger nominees, allowing shareholders to vote for any combination of candidates up to the number of open seats. It matters to investors because it simplifies and preserves their voting choice, reduces the likelihood that a split vote will unintentionally favor one side, and can materially influence who controls the board.

Definitive Proxy Statement regulatory

"has filed a definitive proxy statement (the “Definitive Proxy Statement")"

A Definitive Proxy Statement is a detailed document that a company sends to its shareholders before a big meeting, like voting on important decisions. It explains what's being voted on and gives important information so shareholders can make informed choices. It matters because it helps shareholders understand and participate in key company decisions.

solicit proxies regulatory

"to be used to solicit proxies for the election of his slate of highly qualified director candidates"

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

SCHEDULE 14A

Proxy Statement Pursuant to Section 14(a) of the

Securities Exchange Act of 1934

(Amendment No.  )

Filed by the Registrant ☐

Filed by a party other than the Registrant ☒

Check the appropriate box:

☐ Preliminary Proxy Statement

☐ Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2))

☐ Definitive Proxy Statement

☒ Definitive Additional Materials

☐ Soliciting Material Pursuant to §240.14a-12

lululemon athletica inc.

(Name of Registrant as Specified In Its Charter)

Dennis J. Wilson

Anamered Investments Inc.

LIPO Investments (USA), Inc.

Wilson 5 Foundation

Wilson 5 Foundation Management Ltd.

Five Boys Investments ULC

Shannon Wilson

Low Tide Properties Ltd.

House of Wilson Ltd.

Laura Gentile

Eric Hirshberg

Marc Maurer

(Name of Person(s) Filing Proxy Statement, if other than the Registrant)

Payment of Filing Fee (Check all boxes that apply):

☒ No fee required

☐ Fee paid previously with preliminary materials

☐ Fee computed on table in exhibit required by Item 25(b) per Exchange Act Rules 14a-6(i)(1) and 0-11

Dennis J. Wilson, together with the other participants named herein, has filed a definitive proxy statement (the “Definitive Proxy Statement”) and accompanying GOLD universal proxy card with the U.S. Securities and Exchange Commission (the “SEC”) to be used to solicit proxies for the election of his slate of highly qualified director candidates at the 2026 annual meeting of shareholders (including any other meeting of shareholders held in lieu thereof, and any adjournments, postponements, reschedulings or continuations thereof, the “2026 Annual Meeting”) of lululemon athletica inc. (the “Company”), and for the approval of a business proposal to be presented at the 2026 Annual Meeting.

On May 18, 2026, Mr. Wilson updated his website, CreativityFirstlulu.com, screenshots of which are attached hereto as Exhibit 1 and incorporated herein by reference.

CERTAIN INFORMATION CONCERNING THE PARTICIPANTS

Mr. Wilson, together with the other Participants (as defined below), has filed the Definitive Proxy Statement and accompanying GOLD Universal Proxy Card with the SEC to be used to solicit proxies from the shareholders of the Company in connection with the 2026 Annual Meeting.

SHAREHOLDERS OF THE COMPANY ARE URGED TO READ THESE MATERIALS (INCLUDING ANY AMENDMENTS OR SUPPLEMENTS THERETO) AND ANY OTHER RELEVANT DOCUMENTS THAT THE PARTICIPANTS HAVE FILED OR WILL FILE WITH THE SEC BECAUSE THEY CONTAIN OR WILL CONTAIN IMPORTANT INFORMATION, INCLUDING ABOUT THE MATTERS TO BE VOTED ON AT THE 2026 ANNUAL MEETING AND ADDITIONAL INFORMATION RELATING TO THE PARTICIPANTS AND THEIR DIRECT OR INDIRECT INTERESTS, BY SECURITY HOLDINGS OR OTHERWISE.

The participants in the solicitation of proxies are Mr. Wilson, Anamered Investments Inc., LIPO Investments (USA), Inc., Wilson 5 Foundation, Wilson 5 Foundation Management Ltd., Five Boys Investments ULC, Shannon Wilson, Low Tide Properties Ltd., House of Wilson Ltd., Marc Maurer, Laura Gentile, and Eric Hirshberg (collectively, the “Participants”).

The Definitive Proxy Statement and accompanying GOLD Universal Proxy Card have been furnished to some or all of the Company’s shareholders and, along with other relevant documents, are available at no charge on the SEC’s website at https://www.sec.gov/.

FAQ

What did Dennis J. Wilson file regarding lululemon (LULU)?

He and affiliated participants filed a Definitive Proxy Statement and a GOLD universal proxy card to solicit proxies for the 2026 annual meeting, seeking election of their slate and approval of a business proposal.

Who are the participants in the proxy solicitation for LULU?

The participants listed include Dennis J. Wilson, Anamered Investments Inc., LIPO Investments (USA), Inc., Wilson 5 Foundation, Five Boys Investments ULC, Shannon Wilson, and others named in the filing.

What is the purpose of the GOLD universal proxy card included in the filing?

The GOLD universal proxy card is submitted to solicit shareholder votes for the Participants’ proposed slate of director candidates and for a business proposal at the 2026 Annual Meeting.

Where can shareholders obtain the proxy materials for LULU?

The Definitive Proxy Statement and accompanying materials have been furnished to shareholders and are available at no charge on the SEC’s website at https://www.sec.gov/.

Did the filing include any website materials or exhibits?

Yes; the filing states that screenshots from CreativityFirstlulu.com posted on May 18, 2026 are attached as Exhibit 1 and are incorporated by reference into the proxy materials.