Aretzia establishes an automated share purchase plan

    Vancouver, British ColumbiaAnd May 18 2022 /PRNewswire/ – Aritzia Inc. (“Aritzia” or “the Company”) (TSX: ATZ) today announced that in connection with its previously announced offer to a Regular Cycle Issuer (“NCIB”) to purchase up to 3,732,725 of its secondary vote (“Shares”) You have entered into an Automatic Stock Purchase Plan (“ASPP”) with a designated broker. The ASPP aims to allow stock purchases under the NCIB at times when Aritzia would not normally be allowed to purchase shares due to regulatory restrictions and usual self-imposed blackout periods.

    Pursuant to the ASPP, the Company has instructed 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 in its sole discretion based on the purchase criteria determined by Aritzia in accordance with the rules of the Toronto Stock Exchange (“TSX”), applicable securities laws and the ASPP Terms. The ASPP has been pre-approved by TSX and will be implemented today.

    Outside of predetermined blackout periods, shares may be purchased under the NCIB at the discretion of management, in compliance with TSX rules and applicable securities laws. NCIB started in January 17 2022 and ends in January 16, 2023. All purchases made under the ASPP will be included in the calculation of the number of shares purchased under the NCIB.

    About Aritzia

    Aritzia is a vertically integrated design house with an innovative global platform. We are the creators and suppliers of Everyday Luxury, home to a wide range of exclusive brands for every individual function and aesthetic. We’re about good design, quality materials, and timeless style – all with the well-being of our people and our planet in mind. We call this everyday luxury.

    Founded in 1984, in Vancouver, CanadaWe pride ourselves on creating immersive and highly personalized shopping experiences at and in over 100 stores across the globe. North Amarica For everyone everywhere.

    Everyday luxury. to elevate your world.TM

    forward-looking statement

    Certain information in this press release may constitute forward-looking information under applicable securities laws, including statements regarding the NCIB and the Company’s ASPP and other statements that are not historical facts. This information is based on management’s reasonable assumptions and beliefs in light of the information currently available to us that has been provided as of the date of this press release. However, we do not undertake to update any such forward-looking information whether as a result of new information, future events, or otherwise, except as required by applicable securities laws of Canada. Actual results and timing of events could differ materially from those projected in the forward-looking information as a result of various factors, including those described in the “risk factors” described in the company’s dated annual information form. May 5y2022 for the ending fiscal year February 27 2022 (“AIF”). The company cautions that the list of risk and uncertainty factors is not exhaustive and that other factors can adversely affect its results. Readers are encouraged to consider risks, uncertainties and assumptions carefully in evaluating forward-looking information and are cautioned against undue reliance on such information. look forwardResearching information” and “risk factors” in the AIF to discuss the uncertainties, risks, and assumptions associated with this data.

    TSX has not reviewed and does not accept responsibility for the adequacy or accuracy of this statement.

    Source: Aritzia Inc.