Ralph Lauren Corporation announced the election of Wei Zhang, most recently Senior Advisor and prior President of Alibaba Pictures Group, to the Company's Board of Directors, effective November 9, 2022. With the election of Ms. Zhang, the Ralph Lauren Board is now comprised of 13 directors. Ms. Zhang was with Alibaba Group from 2008 until 2022, most recently as Senior Advisor and President of Alibaba Pictures Group.

She has held positions within Alibaba Group as Senior Vice President across investment and acquisition, corporate strategy and also led Alibaba's corporate social responsibility initiatives. Before joining Alibaba Group, Ms. Zhang held positions at corporations including News Corp. China, CNBC China, consulting firm Bain & Company and at global conglomerate General Electric.