Summary of Financial Reorganization Plan May 6, 2025 Strategic Action to Eliminate $1.15 Billion of Debt and Strengthen Financial Position The decisive actions we're taking today, with the overwhelming support of our lenders and noteholders, will give us the flexibility to accelerate innovation, reinvest in our members, and lead with authority in a rapidly evolving weight management landscape. As the $1.6B Existing $465M Pro forma ~70% Reduction Debt conversation around weight shifts toward long- term healt ...

Core Viewpoint - WW International, Inc. is undergoing a financial reorganization to eliminate $1.15 billion in debt, enhance its digital and member experience, and expand its telehealth business, which saw a 57% year-over-year revenue growth in Q1 2025 [1][3][4] Financial Reorganization - The company has entered into a comprehensive agreement with lenders and noteholders, representing approximately 72% of the outstanding principal amount of its term loan and credit facilities, to support the reorganization [3] - The reorganization is expected to be confirmed in about 40 to 45 days, allowing the company to emerge as a publicly traded entity [1][3] - The transaction will reduce annual interest expenses by approximately $50 million and extend the maturity of its debt [6] Operational Continuity - WeightWatchers remains fully operational during the reorganization process, ensuring no impact on its more than three million members worldwide [1][2] - The company will continue to honor all commitments to employees, vendors, and creditors, paying all trade creditors in full [2][5] Strategic Growth Initiatives - The reorganization will provide the company with increased investment flexibility to accelerate innovation and reinvest in member services [4] - The focus will be on enhancing the digital experience and expanding the telehealth business, which has shown significant revenue growth [1][4] Stakeholder Communication - WeightWatchers has launched a dedicated webpage for members to access information about the restructuring process [4] - Stakeholders can contact the company's claims agent for additional information regarding the court-supervised process [7]