Aritzia reports second-quarter results and board appointment

in Fiscal 2027 and Fiscal 2028. - Depreciation and amortization of approximately $130 million. 38. The foregoing outlook is based on management's current strategies and may be considered forward-looking information under applicable securities laws.

Such outlook is based on estimates and assumptions made by management regarding, among other things, general economic and geopolitical conditions and the competitive environment. This outlook is intended to provide readers management's projections for the Company as of the date of this press release. This outlook does not include any benefit from tariff refunds. Readers are cautioned that actual results may vary materially from this outlook and that the information in the outlook may not be appropriate for other purposes.

See also the "Forward-Looking Information" section of this press release and the "Forward-Looking Information" and "Risk Factors" sections of the Q2 2027 MD&A and the Company's annual information form for Fiscal 2026 dated May 7, 2026 (the "Fiscal 2026 AIF"). In addition, a discussion of the Company's long-term financial plan is contained in the Company's press release dated October 27, 2022, "Aritzia Presents its Fiscal 2027 Strategic and Financial Plan, Powering Stronger".

See also the Company's press release dated May 1, 2025, "Aritzia Reports Fourth Quarter and Fiscal 2025 Financial Results", press release dated October 9, 2025, "Aritzia Reports Second Quarter Fiscal 2026 Financial Results", and press release dated May 7, 2026, "Aritzia Reports Fourth Quarter and Fiscal 2026 Financial Results" for updates to such discussion. com.

Normal Course Issuer Bid ("NCIB") On May 11, 2026, the Company announced that the Toronto Stock Exchange ("TSX") approved the Company's NCIB (the "2026 NCIB") which allows the Company to repurchase and cancel up to 4,308,739 of its SVS, representing approximately 5% of the public float of 86,174,782 SVS as at April 30, 2026, during the twelve-month period commencing May 13, 2026 and ending May 12, 2027.

On May 28, 2026, the Company also announced that it had entered into an automatic share purchase plan (the "2026 ASPP"), with its designated broker, which commenced immediately and will terminate upon the expiry of the 2026 NCIB unless terminated earlier in accordance with its terms. On May 5, 2025, the Company announced that the TSX approved the Company's normal course issuer bid (the "2025 NCIB") which allowed the Company to repurchase and cancel up to 4,226,994 of its SVS, representing approximately 5% of the public float of 84,539,881 SVS as at April 30, 2025, over the twelve-month period commencing May 7, 2025 and ending May 6, 2026.

On May 27, 2025 and February 27, 2026, respectively, the Company entered into consecutive automatic share purchase plans (the "2025 ASPPs"), with its designated broker, which commenced immediately and terminated upon the expiry of the 2025 NCIB. 6 million (including commissions). 0 million (including commissions). Appointment of Valérie Hermann to the Board of Directors The Company also announced that Valérie Hermann will join Aritzia's Board of Directors effective October 8, 2026.

Ms. Hermann has been the Managing Director of the Fashion and Luxury division of EPI Group since 2020. Ms. Hermann is a fashion executive having held leadership positions at Yves Saint Laurent, Reed Krakoff and Ralph Lauren and was previously a board member of Lacoste Holding.

Ms. Hermann graduated from HEC Paris and is a Knight of the Legion of Honour. Aritzia looks forward to welcoming Ms. Hermann to their Board of Directors.

m. m. ET. To participate, please dial 1-833-821-0201 (North America toll-free) or 1-647-846-2331 (Toronto and overseas long-distance).

The call is also accessible via webcast at A recording will be available shortly after the conclusion of the call. To access the replay, please dial 1-855-669-9658 (North America toll-free) or 1-412-317-0088 (overseas long-distance) and the replay access code 8784174. An archive of the webcast will be available on Aritzia's website. About Aritzia Beautifully made clothes.

Exceptional experiences. Everyday Luxury(R). Aritzia is a design house with an innovative global platform. We are creators and purveyors of covetable styles, home to an extensive portfolio of exclusive brands for every function and individual aesthetic.

We're about good design, quality materials and making pieces you'll wear again and again -- all with the wellbeing of our People and Planet in mind. com, on our app and in our 145+ boutiques throughout North America -- for everyone, everywhere. Comparable Sales Comparable sales is a retail industry metric used to explain our total combined revenue growth (decline) (in absolute dollars or percentage terms) in digital and established boutiques over the comparative reportable period.

Non-IFRS Financial Measures and Retail Industry Metrics This press release makes reference to certain non-IFRS Accounting Standards measures ("non-IFRS financial measures") and certain retail industry metrics. These measures are not recognized measures under International Financial Reporting Standards as issued by the International Accounting Standards Board ("IFRS Accounting Standards"), do not have a standardized meaning prescribed by IFRS Accounting Standards, and are therefore unlikely to be comparable to similar measures presented by other companies.

Rather, these measures are provided as additional information to complement those IFRS Accounting Standards measures by providing further understanding of our results of operations from management's perspective. Accordingly, these measures should not be considered in isolation nor as a substitute for analysis of our financial information reported under IFRS Accounting Standards. " This press release also makes reference to "gross profit margin" which is a commonly used operating metric in the retail industry but may be calculated differently by other retailers. Gross profit margin is considered a supplementary financial measure under applicable securities laws.

These non-IFRS financial measures and retail industry metrics are used to provide investors with supplemental measures of our operating performance and thus highlight trends in our core business that may not otherwise be apparent when relying solely on IFRS Accounting Standards measures. We believe that securities analysts, investors and other interested parties frequently use non-IFRS financial measures and retail industry metrics in the evaluation of issuers.

Our management also uses non-IFRS financial measures and retail industry metrics in order to facilitate operating performance comparisons from period to period, to prepare annual operating budgets and forecasts and to determine components of management compensation. Certain information about non-IFRS financial measures, non-IFRS ratios, capital management measures and supplementary financial measures is found in the Q2 2027 MD&A and is incorporated by reference.

This information is found in the sections entitled "How We Assess the Performance of our Business", "Non-IFRS Financial Measures and Retail Industry Metrics" and "Selected Financial Information" of the Q2 2027 MD&A which is available under the Company's profile on SEDAR+ at Reconciliations for each non-IFRS financial measure can be found in this press release under the heading "Selected Financial Information". Forward-Looking Information Certain statements made in this document may constitute forward-looking information under applicable securities laws.

Statements containing forward-looking information are neither historical facts nor assurances of future performance, but instead, provide insights regarding management's current expectations and plans and allows investors and others to better understand the Company's anticipated business strategy, financial position, results of operations and operating environment. Readers are cautioned that such information may not be appropriate for other purposes.

Although the Company believes that the forward-looking statements are based on information, assumptions and beliefs that are current, reasonable, and complete, such information is necessarily subject to a number of business, economic, competitive and other risk factors that could cause actual results to differ materially from management's expectations and plans as set forth in such forward-looking information. (MORE TO FOLLOW) Dow Jones Newswires October 08, 2026 16:01 ET (20:01 GMT) The statements in this document shall not be considered as an objective or independent explanation of the matters.

Please note that this document (a) has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and (b) is not subject to any prohibition on dealing ahead of the dissemination or publication of investment research.