Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.



As previously announced, on February 27, 2023, Stephanie C. Linnartz joined
Under Armour, Inc. (the "Company") as President and Chief Executive Officer and
Colin Browne, who had previously served as interim President and Chief Executive
Officer of the Company, resumed his role as Chief Operating Officer. On March 7,
2023, the Human Capital and Compensation Committee of the Company's Board of
Directors approved, effective April 1, 2023, an increase of Mr. Browne's annual
base salary for fiscal year 2024 to $900,000 (previously $775,000 before serving
as interim President and Chief Executive Officer), an increase to his target
level annual cash incentive award for fiscal year 2024 to 90% of his base salary
(previously 75% before serving as interim President and Chief Executive Officer)
and an increase to his total target annual equity award for fiscal year 2024 of
$2.0 million (previously $1.75 million for fiscal year 2023), representing a mix
of 50% time-based restricted stock unit awards and 50% performance-based
restricted stock unit awards. In addition, Mr. Browne was granted a cash
retention bonus of $1.5 million, payable in two installments, 50% in June 2023
and 50% in December 2023, subject to monthly prorated repayment terms if Mr.
Browne resigns within six months following each payment date.

Item 9.01. Financial Statements and Exhibits.



(d) Exhibits.
Exhibit No.                                                 Exhibit
101                    XBRL Instance Document - The instance document does

not appear in the Interactive


                       Data File because its XBRL tags are embedded within the Inline XBRL document
104                    Cover Page Interactive Data File (embedded within the Inline XBRL document)

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