Lulus Fashion Lounge Holdings, Inc. announced the expansion of the size of the Board of Directors from ten (10) directors to eleven (11) directors and the appointment of Kelly McCarthy to serve as a Class I director, effective as of August 18, 2023. The Board has determined that Ms. McCarthy qualifies as an independent director under Nasdaq rules. Ms. McCarthy brings significant tech, product and consumer experience, having served in strategic roles across various enterprises and agencies throughout her career.

She currently serves in board and advisory capacities for a number of entities including Newmans Own, Inc. and Goldman Sachs Merchant Banking Division. Previously, she worked at Louis Vuitton Mot Hennessy (LVMH) advising across their global brands. Prior to LVMH, Ms. McCarthy held various leadership roles at Nike overseeing aspects of product creation, distribution, development and marketing.

Before joining Nike, Ms. McCarthy was Managing Director of VaynerMedia in New York, a full-service digital and emerging technology advisory firm and venture fund.