Company: UAA
Filing Date: 2025-06-26
Form Type: DEF 14A
Source: 0001336917-25-000112
Chunk: 23

Company: Under Armour, Inc.
Filing Date: 2025-06-26
Form: DEF 14A
Chunk 23
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 any of our directors other than Mr. Plank and Mr. Frisk to date. During fiscal year 2025, we advanced approximately $95,336 and $5,352 of legal expenses for Mr. Plank and Mr. Frisk, respectively.

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| COMPENSATION OF DIRECTORS |

Retainers

The compensation arrangement for non-management directors during fiscal year 2025 was as follows:

| Annual Retainer for each Director...................................................................................................   |     |  $90,000 |
| Annual Retainer for Committee Chairs                                                                                                   |     |          |
| Audit Committee....................................................................................................................... |     |  $30,000 |
| Human Capital and Compensation Committee........................................................................                       |     |  $25,000 |
| Corporate Governance and Sustainability Committee.............................................................                         |     |  $22,500 |
| Finance and Capital Planning Committee................................................................................                 |     |  $22,500 |
| Annual Retainer for Committee Members......................................................................................            |     |  $10,000 |
| Annual Retainer for Board Chair(1)..................................................................................................   |     | $175,000 |

(1) The Board Chair is not entitled to receive any Committee member annual retainer for service on any Committee.

The cash retainers are payable in quarterly installments in arrears and directors have the option to defer the cash retainers into deferred stock units pursuant to the Non-Employee Directors Deferred Stock Unit Plan. Beginning with the second quarter of 2016, we began issuing deferred stock units for shares of our Class C Stock rather than our Class A Stock. Deferred stock units will be settled in shares of our Class A Stock or Class C Stock (as applicable) on a one-for-one basis six months after the director leaves the Board, or sooner upon death or disability. During fiscal year 2025, we did not pay separate fees for attendance at any Board or standing committee meetings.

Equity Awards

Non-management directors also receive the following equity awards:

■ Upon initial election to the Board, an award of restricted stock units for shares of Class C Stock valued (on the grant date) at $100,000 with the units vesting in three equal annual installments.

■ An annual award of restricted stock units for shares of Class C Stock valued (on the grant date) at $150,000 following each Annual Meeting of Stockholders, with the units vesting in full at the following year’s Annual Meeting of Stockholders.

The restricted stock units vest