X0306 4 2021-09-09 0001397187 lululemon athletica inc. LULU 0001749971 MCDONALD CALVIN C/O LULULEMON ATHLETICA INC 1818 CORNWALL AVENUE VANCOUVER A1 V6J 1C7 BRITISH COLUMBIA, CANADA 1 1 0 0 Chief Executive Officer Common Stock 2021-09-09 4 M 0 10000 136.67 A 53409 D Common Stock 2021-09-09 4 S 0 10000 427.3708 D 43409 D Stock Option (Right to Buy) 136.67 2021-09-09 4 M 0 10000 0 D 2025-08-20 Common Stock 10000 60335 D The price reported for this transaction is a weighted-average price. The shares were sold in multiple transactions ranging from $427.14 to $427.77, inclusive. The reporting person undertakes to provide to Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote. These options vested as to 25% on each of August 20, 2019, August 20, 2020 and August 20, 2021, and will vest as to 25% on August 20, 2022, subject to the reporting person's continued employment or association with the issuer through such date. /s/ Calvin McDonald by Alex Grieve, Attorney-in-Fact 2021-09-13