Company: UAA
Filing Date: 2025-06-26
Form Type: DEF 14A
Source: 0001336917-25-000112
Chunk: 76

Company: Under Armour, Inc.
Filing Date: 2025-06-26
Form: DEF 14A
Chunk 76
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 consultants on our GHG accounting practices and calculation methods. This will enable us to better respond to the interests of our stockholders, customers, consumers and other stakeholders.

In addition, we are actively monitoring, reviewing and preparing for evolving climate-related disclosure regulations as they emerge from multiple jurisdictions. We intend to comply with these applicable disclosure requirements on the timeframes set forth under the applicable laws and regulations. These emerging disclosure regulations are complex and vary in their expectations for GHG emissions and climate-related reporting and continue to be subject to change in the near term.

We believe that our current GHG emissions and climate-related priorities enable us to allocate capital and resources efficiently, while positioning us to refine our GHG emissions reduction efforts mindful of varied stakeholder interests and evolving regulatory requirements. Accordingly, the Board believes the actions requested by this proposal are premature and not the most effective use of Company resources at this time.

At Under Armour, we are guided by our five core values: ‘Love Athletes’, ‘Celebrate the Wins,’ ‘Stand for Equality,’ ‘Act Sustainably,’ and ‘Fight on Together.’ As we embrace our ‘Act Sustainably’ value, we responsibly navigate the business and environmental challenges facing our industry and planet. Our approach to sustainability challenges is centered around innovation, a core tenet of our brand. Our innovation journey started in 1996 with a shirt designed to wick away sweat. This year, we launched Under Armour x UNLESS, a groundbreaking regenerative sportswear collection aimed to foster a transformative shift in the sportswear industry. In late 2024, we moved into our new global headquarters in the Baltimore Peninsula, which includes a newly constructed building designed to qualify for Leadership in Energy and Environmental Design (LEED) platinum certification, WELL Building Standard certification and International Living Future Institute net-zero energy certification with sustainable features such as mass timber construction, solar rooftops and canopies, rainwater harvesting and geothermal heating and cooling. While our commitment to our core values and to continuously innovating and improving how we conduct our business is unwavering, our game plan remains flexible. We ask our stockholders for support as we reassess our GHG emissions reduction strategy.

Board Recommendation

<div align='center'>The Board of Directors recommends that you vote “AGAINST” this proposal.

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| STOCKHOLDER PROPOSALS |

Our current Bylaws provide that in order for a stockholder to nominate a candidate for election as a director at our 2026 Annual Meeting, or for a stockholder to propose