UNDER ARMOUR APPOINTS DAWN N. FITZPATRICK, EUGENE D. SMITH, AND ROBERT J. SWEENEY TO ITS BOARD OF DIRECTORS

BALTIMORE, April 15, 2025 ~ Under Armour, Inc. (NYSE: UA, UAA) has announced the addition of three new members to its Board of Directors, effective April 15. The new members are Dawn N. Fitzpatrick, Eugene D. Smith, and Robert J. Sweeney.

According to Mohamed A. El-Erian, Chair of the Board at Under Armour, the company is thrilled to welcome these highly qualified individuals to their board. He stated that their extensive financial and operational expertise, combined with Gene's deep knowledge of intercollegiate sports management, makes them exceptional additions to the team.

The addition of these new members brings the total number of directors on Under Armour's Board to twelve. The other members include Douglas E. Coltharp, Jerri L. DeVard, Mohamed A. El-Erian, Carolyn N. Everson, David W. Gibbs, Karen W. Katz, Eric T. Olson, Kevin A. Plank, and Patrick W.Whitesell.

Dawn N.Fitzpatrick is currently the Chief Executive Officer and Chief Investment Officer at Soros Fund Management LLC since 2017. She has over 25 years of experience in investment management and previously held various positions at UBS and its predecessor organizations.

Ms.Fitzpatrick also serves as a non-executive director for Barclays plc and is a member of several advisory boards such as the Federal Reserve Bank of Dallas Financial Sector Advisory Council and Bloomberg New Economy Advisory Board.

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Eugene D.Smith brings a wealth of experience in intercollegiate sports management to Under Armour's Board. He served as Senior Vice President and Athletic Director at Ohio State University from 2005 to 2024 and was actively involved in various committees within the NCAA.

Mr.Smith also holds the distinction of being the first Black president of the National Association of Collegiate Directors of Athletics (NACDA) and has held leadership positions at other universities such as Arizona State, Iowa State, and Eastern Michigan.

Robert J.Sweeney, the President of Sycamore Partners since 2019, also joins Under Armour's Board. He has over 22 years of experience at Goldman Sachs, where he served as a partner and Global Head of the Consumer/Retail Investment Banking Group.

Mr.Sweeney's previous experience includes serving as an officer in the U.S. Navy's Submarine Force and holding various roles aboard the USS Annapolis. He is a graduate of the Wharton School of the University of Pennsylvania and was recognized as a Palmer Scholar.

Under Armour, Inc., headquartered in Baltimore, Maryland, is a leading inventor, marketer, and distributor of branded athletic performance apparel, footwear, and accessories. The company's mission is to empower human performance through innovative products and experiences designed to make athletes better.

For more information about Under Armour and its products, please visit http://about.underarmour.com.

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