Aritzia Announces $200 Million Secondary Offering of Subordinate Voting Shares

Brian Hill sells shares for estate planning, investment diversification and charitable giving purposes

Remains Aritzia’s largest shareholder with approximately 15.9% equity interest

NOT FOR DISTRIBUTION IN THE UNITED STATES

VANCOUVER, British Columbia, Jan. 13, 2026 (GLOBE NEWSWIRE) -- Aritzia Inc. ("Aritzia" or the "Company") (TSX: ATZ), a design house with an innovative global platform offering Everyday Luxury online and in its boutiques, today announced that Brian Hill, Founder and Executive Chair of Aritzia, together with certain entities owned and/or controlled, directly or indirectly, by him, or him and his immediate family (collectively, the “Selling Shareholders”), have entered into an agreement with BMO Capital Markets (the “Underwriter”), pursuant to which the Underwriter has agreed to purchase on a bought deal basis an aggregate of 1,537,000 subordinate voting shares of the Company (“Shares”) held by the Selling Shareholders at an offering price of $130.20 per Share (the “Offering Price”) for total gross proceeds to the Selling Shareholders of $200,117,400 (the “Offering”). Proceeds from the Offering will be paid to the Selling Shareholders and the Company will not receive any proceeds from the Offering. The Selling Shareholders have granted the Underwriter an over-allotment option, exercisable at the Offering Price for a period of 30 days following the closing of the Offering, to purchase up to an additional 230,550 Shares to cover over-allotments, if any, and for market stabilization purposes.

Following the Offering, Mr. Hill will remain the Company’s largest shareholder with an approximately 15.9% equity interest. The proceeds from the Offering are intended for estate planning, investment diversification and charitable giving purposes (including through the ARON Charitable Foundation, the Hill family’s charitable foundation).

Pursuant to the Offering, the Selling Shareholders will be selling a total of 1,537,000 Shares (assuming no exercise of the over-allotment option). Following completion of the Offering (assuming no exercise of the over-allotment option), there will be 97,286,183 subordinate voting shares outstanding and 18,392,244 multiple voting shares outstanding of the Company.

The Shares will be offered by way of a short form prospectus in all of the provinces and territories of Canada, excluding Quebec, and may also be offered by way of private placement in the United States and internationally as permitted. A preliminary short form prospectus relating to the Offering will be filed by no later than January 19, 2026 with the Canadian securities regulatory authorities and closing of the Offering is expected to occur on or about January 29, 2026.