Wilson-led group files proxy for lululemon (NASDAQ: LULU) board slate

Rhea-AI Filing Summary

lululemon athletica inc. is the target of a shareholder solicitation: Dennis J. Wilson and 11 other Participants have filed a Definitive Proxy Statement and accompanying GOLD universal proxy card to solicit proxies for election of their slate of director candidates and approval of a business proposal at the 2026 annual meeting of shareholders. Mr. Wilson posted campaign materials and website updates on April 16, 2026.

Key Figures

Annual meeting: 2026 annual meeting of shareholders Website/social update date: April 16, 2026 Participants named: 12 participants

3 metrics

Annual meeting 2026 annual meeting of shareholders meeting for which proxies are being solicited

Website/social update date April 16, 2026 date Mr. Wilson updated campaign website and posted social media materials

Participants named 12 participants Dennis J. Wilson plus 11 other named entities/individuals listed in the filing

Key Terms

Definitive Proxy Statement, GOLD universal proxy card, solicit proxies

3 terms

Definitive Proxy Statement regulatory

"filed the Definitive Proxy Statement and accompanying GOLD universal proxy card"

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.

GOLD universal proxy card regulatory

"accompanying GOLD universal proxy card to be used to solicit proxies"

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.

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 (as defined below), 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 April 16, 2026, Mr. Wilson updated his campaign website, CreativityFirstlulu.com, screenshots of which are attached hereto as Exhibit 1 and incorporated herein by reference. Also on April 16, 2026, Mr. Wilson posted materials to social media, copies of which are attached hereto as Exhibit 2 and incorporated herein by reference.

CERTAIN INFORMATION CONCERNING THE PARTICIPANTS

Mr. Wilson, together with the other Participants, 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 will be 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/.

Exhibit 1

Exhibit 2

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FAQ

What did Dennis J. Wilson file against LULU?

Answer: Mr. Dennis J. Wilson and other Participants filed a Definitive Proxy Statement and a GOLD universal proxy card. They will use these materials to solicit proxies for director elections and a business proposal at the 2026 annual meeting.

Who are the Participants in the LULU proxy solicitation?

Answer: The Participants include Dennis J. Wilson, Anamered Investments Inc., LIPO Investments (USA), Inc., Wilson 5 Foundation and others, totaling 12 named Participants listed in the filing.

When were the campaign materials posted for the LULU solicitation?

Answer: Mr. Wilson updated his campaign website and posted social media materials on April 16, 2026, with screenshots and copies attached as Exhibit 1 and Exhibit 2 to the filing.

What is the purpose of the GOLD universal proxy card filed with LULU materials?

Answer: The GOLD universal proxy card is intended to permit shareholders to vote for the Participants' slate of director candidates and the proposed business proposal at the 2026 annual meeting, as stated in the filing.

Where can shareholders find the filed proxy materials for LULU?

Answer: The filing states the Definitive Proxy Statement and related documents will be furnished to shareholders and are available at no charge on the SEC website at https://www.sec.gov/.