8-K

UNITED STATES SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d)

of the Securities Exchange Act of 1934

November 3, 2022

Date of Report (Date of earliest event reported)

lululemon athletica inc.

(Exact name of registrant as specified in its charter)

Delaware	001-33608	20-3842867
(State or other jurisdiction<br>of incorporation)	(Commission<br>File Number)	(IRS Employer<br>Identification No.)

1818 Cornwall Avenue

Vancouver, British Columbia

Canada, V6J 1C7

(Address of principal executive offices, including Zip Code)

Registrant's telephone number, including area code: (604) 732-6124

Securities registered pursuant to Section 12(b) of the Act:

Title of each class	Trading symbol(s)	Name of each exchange on which registered
Common Stock, par value $0.005 per share	LULU	Nasdaq Global Select Market

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐	Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐	Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐	Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐	Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.  ☐

Item 5.02.	Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

On November 3, 2022, the board of directors of lululemon athletica inc. appointed Isabel Ge Mahe as a member of the board of directors. Ms. Ge Mahe has been the Vice President and Manager of Greater China at Apple Inc. since 2017. Prior to that role, she was the VP of wireless technologies at Apple. Prior to joining Apple, Ms. Ge Mahe was VP of wireless technologies for Palm Inc. Ms. Ge Mahe is on the board of directors of Starbucks. She received a Bachelor of Applied Science and a Masters of Engineering from Simon Fraser University and an MBA from the University of California, Berkeley.

The board of directors increased the size of the board from ten to eleven members and appointed Ms. Ge Mahe as a Class II director to fill the newly-created vacancy. Ms. Ge Mahe will receive compensation for her service as a director consistent with that of our other non-employee directors. A description of our standard compensation arrangements for non-employee directors is included in our proxy statement filed with the SEC on April 27, 2022. We expect Ms. Ge Mahe to enter into our standard form indemnification agreement for non-employee directors, the form of which is filed with the SEC as Exhibit 10.16 to our registration statement on Form S-1, dated July 9, 2007.

Item 9.01.	Financial Statements and Exhibits.

(d) Exhibits.

Exhibit No.	Description
99.1	Press release issued onNovemberlulu-20221103xex991.htm8, 2022.
104	Cover Page Interactive Data File (formatted in iXBRL)

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	lululemon athletica inc.
Dated: November 8, 2022	/s/ MEGHAN FRANK
	Meghan Frank
	Chief Financial Officer

Document

Exhibit 99.1

Isabel Ge Mahe Joins lululemon Board of Directors

Vancouver, British Columbia – November 8, 2022 – lululemon athletica inc. (NASDAQ:LULU) today announced the appointment of Isabel Ge Mahe to serve on its Board of Directors, effective immediately.

“Isabel is a seasoned executive with global experience across technology, retail and product development,” said Martha Morfitt, Chair of the Board. “We are excited to welcome Isabel to the lululemon Board of Directors and know her breadth of expertise in product development and leadership, as well as her deep knowledge of the business and guests in China will be invaluable as we continue to grow and execute on our international expansion strategy.”

Ms. Ge Mahe is the Vice President and Managing Director of Greater China for Apple, where she provides leadership and coordination across Apple’s China-based team. In this position, she has played a key role in developing new China-specific features for Apple products, enabling the company to connect customers with innovative products and technology solutions.

Ms. Ge Mahe joined Apple in 2008 as Vice President of Wireless Technologies and oversaw the development of cellular, Wi-Fi, Bluetooth, NFC, location and motion technologies for products across the business. Prior to Apple, she served as Vice President of Wireless Software Engineering at Palm and held key managerial positions at other technology-focused organizations.

“I am proud to join the Board of lululemon, a purpose-driven company with an exciting vision and opportunity for global growth, including in China,” said Ms. Ge Mahe. “I look forward to working with the Company as it continues to build on its momentum and serve more guests around the world.”

Ms. Ge Mahe has served on the Board of Directors for Starbucks since 2019 and was named to Fortune’s 50 Most Powerful Women list in 2021 and 2022. She received a Bachelor of Applied Science and a Masters of Engineering from Simon Fraser University in British Columbia, Canada and an MBA from the University of California, Berkeley.

About lululemon athletica inc.

lululemon athletica inc. (NASDAQ:LULU) is a technical athletic apparel, footwear and accessories company for yoga, running, training, and most other activities, creating transformational products and experiences that build meaningful connections, unlocking greater possibility and wellbeing for all. Setting the bar in innovation of fabrics and functional designs, lululemon works with yogis and athletes in local communities around the world for continuous research and product feedback. For more information, visit lululemon.com.

Contacts

Investors:

lululemon athletica inc.

Howard Tubin

1-604-732-6124

or

ICR, Inc.

Joseph Teklits/Caitlin Churchill

1-203-682-8200

Media:

lululemon athletica inc.

Erin Hankinson

1-604-732-6124

or

Brunswick Group

Eleanor French

1-415-619-2757

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