Ms. Beth Reed reports

ARITZIA ANNOUNCES FILING OF FINAL SHORT FORM PROSPECTUS IN CONNECTION WITH SECONDARY OFFERING OF SUBORDINATE VOTING SHARES

Aritzia Inc., in connection with the previously announced bought-deal secondary offering by 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 (the selling shareholders), has filed a final short-form prospectus dated Feb. 25, 2025, with the securities commissions or other similar regulatory authorities in each of the provinces and territories of Canada, except Quebec, and has obtained a receipt therefor.

The final prospectus qualifies the distribution of 1,045,000 subordinate voting shares (which include the 95,000 subordinate voting shares subject to the overallotment option which was exercised in full by the underwriters on Feb. 20, 2025), of the company at a price of $69.85 per share for total gross proceeds to the selling shareholders of $72,993,250.

Closing of the offering is expected to occur on or about Feb. 28, 2025, and is subject to customary closing conditions.

Access to the final prospectus and any amendment thereto is provided in accordance with securities legislation relating to procedures for providing access to a prospectus and any amendment. The final prospectus is accessible on the System for Electronic Data Analysis and Retrieval+ (SEDAR+). An electronic or paper copy of the final prospectus and any amendment may be obtained, without charge, from CIBC Capital Markets, 161 Bay St., 5th floor, Toronto, Ont., M5J 2S8, or by telephone at 416-956-6378 or by e-mail at mailbox.canadianprospectus@cibc.com by providing the contact with an e-mail address or address, as applicable. Prospective investors should read the final prospectus in its entirety before making an investment decision.

About Aritzia Inc.

Aritzia is a design house with an innovative global platform. Aritzia is a creator and purveyor 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 the people and planet in mind.

Founded in 1984 in Vancouver, Canada, Aritzia prides itself on creating immersive, highly personalized shopping experiences on its website and in its 125 plus boutiques throughout North America -- for everyone, everywhere.

Aritzia approach

Aritzia means style, not trend, and quality over everything. Aritzia treats each in-house label as its own atelier, united by premium fabrics, meticulous construction and an of-the-moment point of view. Aritzia handpicks 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'll reach for again and again and again.

We seek Safe Harbor.