X0306 4 2019-03-28 0 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 Stock Option (Right to Buy) 167.54 2019-03-28 4 A 0 55957 0 A 2026-03-28 Common Stock 55957 55957 D These options shall vest as to 25% on each of March 28, 2020, March 28, 2021, March 28, 2022, and March 28, 2023, subject to the reporting person's continued employment or association with the issuer through each such date. /s/ Calvin McDonald by Erin Nicholas, Attorney-in-Fact 2019-04-01