VANCOUVER, British Columbia — January 13, 2026 — Leads & Copy —
Aritzia Inc. (TSX: ATZ) announced that Brian Hill, Founder and Executive Chair of Aritzia, and entities he controls, have agreed with BMO Capital Markets for the Underwriter to purchase 1,537,000 subordinate voting shares of the Company at $130.20 per Share, totaling $200,117,400. Proceeds will go to the Selling Shareholders; Aritzia will not receive any proceeds. The Underwriter has an over-allotment option to purchase up to 230,550 additional Shares at the Offering Price within 30 days following the closing of the Offering.
Following the Offering, Mr. Hill will remain Aritzia’s largest shareholder with 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 Selling Shareholders will sell 1,537,000 Shares (assuming no over-allotment option exercise). Post-offering, there will be 97,286,183 subordinate voting shares and 18,392,244 multiple voting shares outstanding.
The Shares will be offered via a short form prospectus in all Canadian provinces and territories (excluding Quebec), and may be offered via private placement in the U.S. and internationally. A preliminary short form prospectus will be filed by January 19, 2026. The Offering is expected to close around January 29, 2026.
The Shares have not been registered under the U.S. Securities Act of 1933 and may not be offered or sold in the U.S. without registration or exemption.
Aritzia is a design house with a global platform offering Everyday Luxury online and in boutiques. Founded in Vancouver in 1984, Aritzia focuses on design, quality materials, and timeless style.
Mr. Hill currently holds no subordinate voting shares and 19,679,244 multiple voting shares representing an equity interest of approximately 17.1% and a voting interest of approximately 67.3%, in each case, on a non-diluted basis. The multiple voting shares represent 100.0% of the outstanding multiple voting shares, in each case, on a non-diluted basis. In addition, Mr. Hill holds 962,162 options to acquire subordinate voting shares (each an “Option”) and 252,940 performance share units (each a “PSU”).
Following closing of the Offering (assuming no exercise of the over-allotment option), the Hill Entities will hold no subordinate voting shares and 18,392,244 multiple voting shares representing an equity interest of approximately 15.9%, and a voting interest of approximately 65.4%, in each case, on a non-diluted basis. The multiple voting shares will represent 100.0% of the outstanding multiple voting shares. Mr. Hill will continue to hold 712,162 Options and 252,940 PSU’s following closing of the Offering. Each multiple voting share represents ten votes on all matters upon which holders of shares in the capital of Aritzia are entitled to vote and is convertible into one subordinate voting share at any time at the sole option of the holder.
The Hill Entities may acquire or dispose of shares in the future, subject to market conditions and estate planning, investment diversification and charitable giving purposes.
A copy of the Early Warning Report will be filed under Aritzia’s profile on SEDAR. Further information may be obtained by contacting David Pfeifer at (604) 404-0443.
Beth Reed, Vice President, Head of Investor Relations, can be contacted at 646-603-9844 or breed@aritzia.com.
Source: Aritzia
