Company: UAA
Filing Date: 2025-06-26
Form Type: DEF 14A
Source: 0001336917-25-000112
Chunk: 29

Company: Under Armour, Inc.
Filing Date: 2025-06-26
Form: DEF 14A
Chunk 29
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 ✓          |     | Independent executive compensation consultant                                                                                             |     |                                         |     | ×                |     | Permit hedging of Under Armour shares (with no director or officer having any shares pledged as security in fiscal year 2025) |
| ✓          |     | Stock ownership guidelines for executive officers                                                                                         |     |                                         |     |                  |     |                                                                                                                               |
| ✓          |     | Conduct annual stockholder “say on pay” advisory vote                                                                                     |     |                                         |     | ×                |     | Allow recycling back into our equity plan of shares used for taxes or option exercises                                        |
|            |     |                                                                                                                                           |     |                                         |     | ×                |     | Provide excessive benefits and perquisites                                                                                    |

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Objectives and Elements of our Compensation Program

The overall objectives of our compensation program for our executive officers are to:

• Attract and retain highly qualified executives committed to our brand;

• Reward performance and motivate our executives to build and grow our business profitably;

• Align the interests of our executives with the interests of our stockholders;

• Provide competitive pay based on peer group and market data; and

• Provide internally equitable compensation to recognize our team-based approach.

During fiscal year 2025, the critical elements of our executive compensation program for our named executive officers that are designed to help achieve these objectives are as follows:

|         |     |                              |     | Compensation Element |     |                                                                                                                                                    |     | Purpose |     |                                                                                                                                                                                                                                                      |     | Key Characteristics |
| FIXED   |     |                              |     |                      |     |                                                                                                                                                    |     |         |     |                                                                                                                                                                                                                                                      |     |                     |
|         |     | Base Salary                  |     |                      |     | Compensate fairly and competitively to help us attract and retain highly qualified executives                                                      |     |         |     | Determined primarily by the level of responsibility and experience while also considering competitive market data and internal equity                                                                                                                |     |                     |
| AT RISK |     |                              |     |                      |     |                                                                                                                                                    |     |         |     |                                                                                                                                                                                                                                                      |     |                     |
|         |     | Annual Cash Incentive Awards |     |                      |     | Reward executives for the achievement of near-term financial objectives and individual performance                                                 |     |         |     | Target cash incentive amount set as a percentage of base salary                                                                                                                                                                                      
 Actual payout based on performance against pre-established financial targets and an