NKE Board Appoints Alexandre Arnault as Director, Awards $200,000 Restricted Stock Grant

· The NYC Memo

NIKE, Inc.'s Board of Directors increased its size to twelve and appointed Alexandre Arnault as a new director, effective September 15, 2026. Mr. Arnault received a sign-on award of restricted Class B Common Stock valued at $200,000 and will serve an initial term expiring at the Company's 2027 annual meeting of shareholders.

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