Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

Item 5.02(b) - Departure of Director

On March 3, 2021, George Bodenheimer informed Under Armour, Inc.'s (the "Company's") Board of Directors (the "Board") that he does not intend to stand for re-election as a Director at the Company's next annual meeting of stockholders (the "Annual Meeting"), which is expected to be held on May 13, 2021. Mr. Bodenheimer currently serves on the Human Capital and Compensation Committee and the Corporate Governance and Sustainability Committee of the Board. Mr. Bodenheimer will complete his current term as a Director, which expires at the Annual Meeting.

"It has been an honor to serve on Under Armour's Board of Directors for the past seven years," stated Mr. Bodenheimer, former President of ESPN. "I am proud of what we have accomplished, have confidence in the company's strategy, and look forward to watching this iconic brand realize its true long-term potential."

Kevin Plank, the Company's Executive Chairman and Brand Chief, stated, "George's leadership and thoughtful approach has been a tremendous asset in our Board room. His experience leading a global media brand and insights into the world of sport has provided an invaluable perspective. On behalf of the Board, I want to thank George for his commitment to Under Armour and am forever grateful for his contributions and partnership."

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