On April 25, 2024, Lululemon Athletica Inc announced that it has received a shareholder proposal from People for the Ethical Treatment of Animals request that the Company issue a report examining any costs to the Company?s reputation and any losses to projected sales incurred by its continued production and sale of apparel using animal-derived materials. In addition, the Company urged the shareholders to vote against the shareholder proposal at its annual general meeting of shareholders scheduled to be held on June 6, 2024.