Company: UAA
Filing Date: 2025-06-26
Form Type: DEF 14A
Source: 0001336917-25-000112
Chunk: 73

Company: Under Armour, Inc.
Filing Date: 2025-06-26
Form: DEF 14A
Chunk 73
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 vote of a majority of the votes cast at the Annual Meeting.

<div align='center'>The Board of Directors recommends that you vote “FOR” the ratification of the appointment of PricewaterhouseCoopers LLP as our independent registered public accounting firm for the fiscal year ending March 31, 2026.

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| STOCKHOLDER PROPOSAL 
 (PROPOSAL 4)         |

Green Century Capital Management, Inc., on behalf of the Green Century Equity Fund, 114 State Street, Suite 200, Boston, MA 02109, has informed the Company that the below proposal will be presented at the Annual Meeting. The Green Century Equity Fund is the beneficial owner of at least $25,000 worth of shares of our Class A Common Stock. In accordance with SEC rules, we are reprinting the proposal and supporting statement as they were submitted to us. The Company assumes no responsibility for the content or accuracy of the text of the stockholder’s resolution or supporting statement. The stockholder proposal will be voted upon at the Annual Meeting if properly presented.

<div align='center'>If properly presented at the Annual Meeting by or on behalf of the proponent, the Board of Directors recommends that you vote “AGAINST” this proposal.</div>

Stockholder Proposal

Whereas: 2024 was the warmest year on record, reaching 1.55°C above the pre-industrial average. 1 The chance of at least one of the next five years exceeding 1.5°C of warming has risen steadily since 2015, from nearly zero to 80%. 2 Each 1°C temperature rise reduces global GDP up to 12% and entails increasingly severe physical, transition, and systemic risks for companies and investors alike. 3

The footwear and apparel industry is responsible for between 4 to 8.6% of the world’s global greenhouse gas (GHG) footprint. 4 Left unchecked, by 2050, it will account for over a quarter of the global carbon budget associated with a 2°C pathway. 5 Yet, an analysis of the largest retailers reporting to the CDP found that 63% need to accelerate action to reach their 2030 goals. 6 A recent survey of 500 global enterprises also revealed that the lack of a climate transition plan is cited as a top challenge in companies meeting their goals. 7

In its 10-K, Under Armour acknowledges that climate change “may increase volatility in the supply chain... and disruption to the production