HERBALIFE LTD.

Herbalife is a global health and wellness company that has operated for 46 years. The company provides weight management, targeted nutrition, energy, sports and fitness, and outer nutrition products. Herbalife is recognized as the number one active and lifestyle nutrition brand globally and sells the number one protein shake worldwide. Its products are available in 95 markets around the world. Herbalife utilizes a direct-selling business model to distribute and market its nutrition products. This model operates through a global network of independent Members. Members consist of consumers who buy products for personal use and distributors who resell products or build sales organizations. The company believes direct selling is well-suited for its business because Members offer personalized support, coaching, and education to customers, fostering a supportive community. Herbalife attributes its success over 46 years to Member innovations, which have enabled adaptation to market changes and consumer preferences. These innovations, combined with global trends like the obesity epidemic, increased interest in fitness and healthier living, and the rise of entrepreneurship, have driven its success. The company's science-backed products form the foundation of its business, aiming to help Members and their customers improve overall health and wellness and achieve fitness goals.