leaving a positive legacy for our world Our Board is composed of independent directors who bring a wide variety of expertise and leadership to help guide our CEO and our management team. In 2021, we announced the appointment of Dave Kimbell as the successor to CEO Mary Dillon and executed a transition plan designed to ensure strategic and leadership continuity as we move into our next chapter of growth. Since being named CEO of Ulta Beauty in 2013, Mary Dillon developed and nurtured our inclusive culture, built an exceptional leadership team, drove significant business growth and more than tripled Ulta Beauty’s market capitalization. We are thankful for her commitment Board diversity 13 directors 54% (7) women 46% (6) men 31% (4) racially diverse 8% (1) LGBTQ+ 46% (6) joined within last five years Mary Dillon Executive Chair of our Board of Directors Delivering value for our stakeholders Corporate governanc e and leadership. Following a thorough succession planning process, in June of 2021, Mary transitioned to the role of Executive Chair of our Board of Directors and plans to serve until June of 2022. Dave Kimbell, former President of Ulta Beauty, became CEO in June of 2021 and serves on the Board of Directors. In February, 2022 as part of our continuous Board refreshment efforts, we welcomed Gisel Ruiz and Kelly Garcia to our Board of Directors. Ms. Ruiz and Mr. Garcia bring extensive operating and functional expertise as well as governance and risk management experience to our Board. Dave Kimbell Chief Executive Officer As of February 16, 2022 Environment Product People Supplemental Data Community 2021 ESG Report 6 Introduction