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Ulta Beauty Announces Change to Board of Directors

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Ulta Beauty, Inc. (NASDAQ:ULTA) today announced that Charles J.
Philippin will resign as non-executive Chairperson of the Board of
Directors of the Company effective September 30, 2018, due to medical
reasons. Robert F. DiRomualdo, a current director of the Company, will
become the non-executive Chairperson of the Board as of September 30th.

"On behalf of the Board of Directors and entire team at Ulta Beauty, I
would like to thank Charlie for his many contributions to the company,"
said Mary Dillon, Chief Executive Officer. "We regret that medical
issues prevent him from continuing his service and extend our best
wishes to him and his family."

In connection with Mr. DiRomualdo becoming the non-executive Chairperson
of the Board of Directors, Michael R. MacDonald will replace him as
Chair of the Audit Committee.

About Ulta Beauty

Ulta Beauty is the largest beauty retailer in the United States and the
premier beauty destination for cosmetics, fragrance, skin, hair care
products and salon services. Since opening its first store in 1990, Ulta
Beauty has grown to become the top national retailer providing All
Things Beauty. All in One Place.™ The Company offers more than 20,000
products from approximately 500 well-established and emerging beauty
brands across all categories and price points, including Ulta Beauty's
own private label. Ulta Beauty also offers a full-service salon in every
store featuring hair, skin and brow services. Ulta Beauty is recognized
for its commitment to personalized service, fun and inviting stores and
its industry-leading Ultamate Rewards loyalty program. As of August 4,
2018, Ulta Beauty operates 1,124 retail stores across 49 states and also
distributes its products through its website, which includes a
collection of tips, tutorials and social content. For more information,
visit www.ulta.com.

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