EX-LULULEMON CIO WARNS AI RESHAPING C-SUITE ROLES

Averill, who scaled Lululemon's revenue beyond $10 billion, addresses the technology shift in her new book Chief Impact Officer. The publication examines leadership strategies during rapid technological change. In media appearances, Averill emphasizes that executives who embrace AI will strengthen their competitive positions, while those who resist face obsolescence risks. Her perspective draws from decades managing digital transformation across retail and lifestyle brands. The former CIO frames AI not as a job eliminator but as a tool that requires strategic adoption at leadership levels. Organizations that integrate AI into decision-making processes gain measurable advantages in scaling operations and impact. Averill's commentary reflects broader industry conversations about C-suite adaptation. As AI capabilities expand across business functions, executives increasingly view technical literacy and AI strategy as core competencies rather than specialized skills.