HERBALIFE LTD. — Director's Dealing 2025

Feb 25, 2025

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: HERBALIFE LTD. (HLF)
CIK: 0001180262
Period of Report: 2025-02-21

Reporting Person: JOHNSON MICHAEL (N/A)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2025-02-21	Stock Appreciation Rights	$8.31	A	442477	Acquired	2035-02-21	Common Stock (442477)	Direct

Footnotes

F1: Consists of stock appreciation rights ("SARs") granted under the Herbalife Ltd. Amended and Restated 2023 Stock Incentive Plan. These SARs will vest in two installments, 50% on February 21, 2026 and 50% on the date of the Company's Annual General Meeting of Shareholders in 2026 , subject to certain conditions of his service as CEO and/or member of the Issuer's Board of Directors.