lululemon names Joseph Godsey COO and Maggie Gauger President and Chief Product Officer

Integrated model enables product elevation and builds on the power of lululemon's brand to deliver a differentiated guest experience and renewed focus on the Company's distinctive strengths Appointments and transitions establish clear leadership across product, brand, operations, and communications, alongside continuity in key leadership roles Maggie Gauger appointed President & Chief Product Officer and Joseph Godsey appointed Chief Operating Officer VANCOUVER, British Columbia--()--October 07, 2026-- lululemon athletica inc. (NASDAQ: LULU) today announced a new Senior Leadership Team structure designed to strengthen the Company's competitive position and build the capabilities required for its next chapter of growth. The Company has appointed Maggie Gauger as President & Chief Product Officer and Joseph Godsey as Chief Operating Officer, effective October 26, 2026, both of which are newly created roles. Searches are underway for a Chief Brand Officer, Chief Communications Officer, and Chief Technology Officer. With these changes, lululemon also announced today that Nikki Neuburger, Chief Brand & Product Activation Officer, and Ted Dagnese, Chief Supply Chain Officer, will leave the Company to pursue other opportunities. Both leaders will depart on November 6, 2026, and help ensure a smooth transition. lululemon is grateful to Ms. Neuburger and Mr. Dagnese for the significant contributions they have made to help shape and grow the Company and the impact they have had on their respective organizations. Today's announcement is an important step in building upon what has made lululemon distinctive and enhancing the leadership team and capabilities already in place. The evolved leadership structure will shape lululemon's next chapter, with a focus on innovative and high-quality product, a distinctive brand and guest experience, and greater operational excellence. "lululemon is a rare, extraordinary brand, but we have work to do to build a stronger and more competitive company," said Heidi O'Neill, Chief Executive Officer of lululemon. "We are establishing a deeply experienced leadership team that will work in a more coordinated manner, aligned around the strategy and execution that delivers the most impact for our guests, our communities, and our business. That starts with putting product, design, and innovation at the center of how we operate, with the focus and accountability to create a stronger pipeline of differentiated product to raise the bar for our guests across every touchpoint, in stores and online." Ms. O'Neill added, "Developing stronger connections between brand, product, and the guest experience will support a unified approach across these core elements of the business. This is an important first step in reinvigorating our enduring connection with guests and is designed to establish the foundation for sustainable, long-term growth. As part of this evolution, I want to thank Nikki and Ted for their significant contributions to