Lululemon athletica inc. announced on October 19, 2026, that Tara Poseley has been appointed to the company's Board of Directors. The appointment is effective immediately and is part of a cooperation agreement with founder Dennis J. "Chip" Wilson and his affiliates, dated May 26, 2026.

Ms. Poseley brings more than 30 years of experience in specialty retail, apparel, and beauty. Her most recent role was Chief Executive Officer of Paula's Choice Skincare from 2016 to 2023. Previously, she served as Chief Product Officer at lululemon from 2013 to 2015 and as Senior Vice President and President of Kmart Apparel from 2010 to 2013.

Before joining Kmart, Ms. Poseley spent nearly 15 years at Gap Inc., where she held senior roles across product and marketing. She holds a bachelor's degree in retail management from the University of Wisconsin–Madison.

With this appointment, the size of the Board of Directors has increased from twelve to thirteen members. Ms. Poseley has been appointed as a Class II director and will serve on the People, Culture and Compensation Committee. She will receive compensation consistent with other non-employee directors, as detailed in the company's proxy statement filed with the SEC on May 18, 2026.