Under Armour Shareholders Approve Amended Incentive Plan, Increasing Class C Shares

Under Armour announced that at its Annual Meeting of Stockholders on August 26, 2026, its shareholders approved all four proposals submitted for a vote. The most significant outcome was the approval of the Fifth Amended and Restated 2005 Omnibus Long-Term Incentive Plan, which increases the number of Class C shares available for issuance.

Key Details

• Incentive Plan Amendment: Shareholders approved an amendment to the 2005 Omnibus Long-Term Incentive Plan, which increases the number of Class C shares reserved for issuance under the plan.
• Other Approved Matters: Stockholders also elected all 11 director nominees, approved the company's executive compensation in a non-binding advisory vote, and ratified the appointment of PricewaterhouseCoopers LLP as the independent auditor for the fiscal year ending March 31, 2027.
• Meeting Date: The Annual Meeting of Stockholders was held on August 26, 2026.