lululemon athletica inc.

LULU

Reporting person: Dennis J. Wilson and affiliated entities(group)

Dennis Wilson seeks board seats and declassification at Lululemon

Contested meetinghigh confidence9.7% stake

Contest Strategydissident slate, solicitors, demands

Contested annual

What's being contested

Board seatsBylaw amendment

Issuerlululemon athletica inc. (LULU)

Issuer solicitor—

Reporting personDennis J. Wilson and affiliated entities (group)

Dissident solicitorInnisfree M&A Incorporated

Stake9,904,856 sh9.7%

Dissident counsel—

Cost basis—

Meeting date—

Record date—

Dissident slate (3)

Laura Gentile
Eric Hirshberg
Marc Maurer

Primary demands

board refreshment
board declassification
enhanced accountability to shareholders

Advisors

No advisor data on record for this deal.

Sources

SEC Filing

Dennis J. Wilson and affiliated entities, beneficially owning 9,904,856 shares (approximately 9.7% including exchangeable shares), filed a DEFC14A soliciting votes for three director nominees (Laura Gentile, Eric Hirshberg, Marc Maurer) as Class I directors and a non-binding proposal to declassify the board at Lululemon's 2026 Annual Meeting. The Wilson Group argues the nominees' expertise in brand building, product innovation, and operations will help revitalize the company and maximize shareholder value. The meeting date, time, and location have not yet been disclosed by the Company.

Item id: 72917679-fa90-4838-b317-1702bfbfc0d5 · ingested Apr 24, 2026