UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number: 1-32381 HERBALIFE LTD. (Exact name of registrant as specified in its charter) Cayman Islands 98-0377871 (State or other jurisdictio ...

Financial Data and Key Metrics Changes - Fourth quarter net sales were $1.2 billion, down 10% from the prior year, and down 4% on a constant currency basis [6][14] - Full year net sales totaled $5.2 billion, also down 10%, with a constant currency decline of 5% [6][18] - Full year adjusted EPS was $3.40, negatively impacted by a $0.60 currency headwind [6][18] - Adjusted EBITDA for the fourth quarter was approximately flat compared to the prior year, with an adjusted EBITDA margin of 11.1%, an improvement of 110 basis points [17][21] - Full year adjusted EBITDA was approximately $694 million, resulting in an adjusted EBITDA margin of 13.3%, approximately 170 basis points lower than the previous year [18][21] Business Line Data and Key Metrics Changes - The company launched new promotions and held 170 in-person events in 2023, reaching 175,000 distributors [5] - Pricing increases contributed 12.7 percentage points to fourth quarter net sales, but unfavorable country mix resulted in a net sales headwind of approximately 270 basis points [19] - The company is focusing on enhancing its product portfolio, including expanding its daily nutrition products and exploring new categories such as sleep products [8][9] Market Data and Key Metrics Changes - The Asia Pacific region was flat compared to the prior year, led by India which grew 22% [24] - The EMEA region saw a 3% decline in local currency net sales, amplified by 12 points of currency pressure, resulting in reported net sales down 15% [24] - Mexico returned to growth with an 8% increase compared to the prior year, offset by declines in Chile, Colombia, and Brazil [24] Company Strategy and Development Direction - The company aims to modernize and relaunch itself as a public health and wellness company, moving beyond its origins as a weight loss company [8] - A digital transformation initiative, Herbalife One, is being implemented to enhance data utilization and improve distributor and consumer experiences [10][12] - The company is focusing on cost management and has identified $70 million in ongoing efficiencies through its transformation program [15][25] Management's Comments on Operating Environment and Future Outlook - Management expressed disappointment in the performance for fiscal 2022 but remains optimistic about future growth [6][7] - The company is not providing guidance for 2023 due to the need for time to analyze new initiatives and the challenging macroeconomic environment [16][37] - Management emphasized the importance of improving distributor metrics and returning to growth through strategic initiatives [14][37] Other Important Information - The company strategically reduced approximately $60 million of outstanding debt during the fourth quarter [17][26] - The company plans to use free cash flow generated in 2023 to continue reducing nominal debt levels [26] Q&A Session Summary Question: Can you elaborate on the Herbalife 2.0 initiative and its execution? - Management stated that the initiative will be additive and not disruptive, with a rollout planned for March [30] Question: Why is guidance not being provided for 2023? - Management explained that the unpredictable environment and new initiatives make it difficult to provide guidance at this time [36][37] Question: What are the primary mistakes made under the previous regime? - Management emphasized the need to look forward and focus on product content and distribution as vital components for success [40] Question: How will cash flow generation be allocated? - Cash flow will be directed towards nominal debt reduction and optimizing the debt capital structure [54][68] Question: What is the outlook for China and its profitability? - Management believes there are opportunities for growth in China while maintaining margin initiatives [71]

Forward-Looking Statements. This presentation contains "forward-lookingstatements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements other than statements of historical fact are "forward-looking statements" for purposes of federal andstate securities laws, includingany projections of earnings, revenue or other financial items; any statements of the plans, strategies and objectives of management, inc ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2022 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number: 1-32381 HERBALIFE NUTRITION LTD. (Exact name of registrant as specified in its charter) Cayman Islands 98-0377871 (State or other jurisd ...

Herbalife Nutrition Ltd. (NYSE:HLF) Q3 2022 Earnings Conference Call October 31, 2022 5:30 PM ET Company Participants Eric Monroe - Senior Director, IR Michael Johnson - Chairman and Interim CEO Alexander Amezquita - CFO Conference Call Participants Chasen Bender - Citi Jeff Van Sinderen - B. Riley Karru Martinson - Jefferies Hale Holden - Barclays Operator Good afternoon, and thank you for joining the Third Quarter 2022 Earnings Conference Call for Herbalife Nutrition Limited. On the call today is Michael ...

Herbalife Nutrition Ltd (NYSE:HLF) Q2 2022 Earnings Conference Call August 2, 2022 5:00 PM ET Company Participants Eric Monroe - Senior Director, IR John Agwunobi - Chairman & CEO Alexander Amezquita - CFO John DeSimone - President Conference Call Participants Christopher Neamonitis - Jefferies Jeff Van Sinderen - B. Riley Securities William Reuter - Bank of America Merrill Lynch Hale Holden - Barclays Bank Operator Good afternoon, and thank you for joining the Second Quarter 2022 Earnings Conference Call f ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2022 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number: 1-32381 HERBALIFE NUTRITION LTD. (Exact name of registrant as specified in its charter) Cayman Islands 98-0377871 (State or other ju ...

Herbalife Nutrition Ltd (NYSE:HLF) Q1 2022 Earnings Conference Call May 3, 2022 5:30 PM ET Company Participants Eric Monroe - IR Dr. John Agwunobi - CEO Alex Amezquita - CFO John DeSimone - President Conference Call Participants Steph Wissink - Jefferies Doug Lane - Lane Research Hale Holden - Barclays Jeff Van Sinderen - B. Riley Karru Martinson - Jefferies Operator Good afternoon, and thank you for joining the First Quarter 2022 Earnings Conference Call for Herbalife Nutrition Ltd. On the call today is Dr ...