An anonymous director reports

ARITZIA ESTABLISHES AUTOMATIC SHARE PURCHASE PLAN

Aritzia Inc., in connection with its previously announced normal course issuer bid (NCIB) to purchase up to 3,515,740 of its subordinate voting shares during the 12-month period beginning Jan. 22, 2024, and ending Jan. 21, 2025, has entered into an automatic share purchase plan (ASPP) with its designated broker. The ASPP is intended to allow for the purchase of shares under the NCIB during predetermined times when Aritzia would ordinarily not be permitted to purchase shares due to regulatory restrictions and customary blackout periods.

The company has authorized the designated broker to make purchases under the NCIB in accordance with the terms of the ASPP. Such purchases will be determined by the designated broker at its sole discretion based on certain parameters as to price and number of shares set by Aritzia in accordance with the rules of the Toronto Stock Exchange, applicable securities laws and the terms of the ASPP. The ASPP constitutes an automatic plan for the purposes of applicable securities laws and has been precleared by the TSX. The ASPP will commence immediately and terminate when the NCIB expires, unless terminated earlier in accordance with the terms of the ASPP.

Outside of predetermined blackout periods, shares may be purchased under the NCIB based on management's discretion, in compliance with TSX rules and applicable securities laws. All purchases made under the ASPP will be included in computing the number of shares purchased under the NCIB.

About Aritzia Inc.

Aritzia is a design house with an innovative global platform. The company consists of creators and purveyors of everyday luxury, home to an extensive portfolio of exclusive brands for every function and individual aesthetic. Aritzia is about good design, quality materials and timeless style -- all with the well-being of people and the planet in mind.

Founded in 1984, in Vancouver, Canada, Aritzia prides itself on creating immersive, highly personalized shopping experiences on the Aritzia website and in its more than 115 boutiques throughout North America -- for everyone, everywhere.

Aritzia's approach

Aritzia means style, not trend, and quality over everything. The company treats each in-house label as its own atelier, united by premium fabrics, meticulous construction and an of-the-moment point of view. The company hand-picks fabrics from the world's best mills for their feel, function and ability to last. Aritzia obsesses over proportion, fit and that just-right silhouette. From hand-painted prints to the art of pocket placement, Aritzia's innovative design studio considers and reconsiders each detail to create essentials you will reach for again and again and again.

Everyday Luxury. To Elevate Your World.

We seek Safe Harbor.