Herbalife Ltd..

Q2 ’24 Credit Agreement EBITDA 1 of $192.4 million Total leverage ratio remained unchanged at 3.0x at June 30 Diluted EPS of $0.48; adjusted diluted EPS 1 $0.59 Net cash provided by operating activities of $96.0 million; capital expenditures of $22.8 million Recent Developments In July, launched MultiBurn™, an all-new, multifunctional weight-loss supplement supporting metabolic health Unveiled beta version of Pro2col™ digital platform and healthy lifespan supplement at North America Extravaganza in July 1 Non-GAAP measure.

SEC original ↗Herbalife Ltd.. — Earnings release (8-K exhibit)EX-99Aug 6, 2025

Outlook Third quarter 2025 guidance provided Full-year 2025 guidance revised: raised net sales and adjusted EBITDA 1 , capital expenditures reduced Management Commentary Herbalife reported second quarter 2025 net sales of $1.3 billion, down 1.7% year-over-year, including 170 basis points of foreign currency headwinds.

SEC original ↗Herbalife Ltd.. — Earnings release (8-K exhibit)EX-99Aug 6, 2025

Capital expenditures were $22.8 million and $41.1 million for the three and six months ended June 30, 2025, respectively, and capitalized SaaS implementation costs were approximately $4 million and $9 million, respectively.

SEC original ↗Herbalife Ltd.. — Earnings release (8-K exhibit)EX-99Aug 6, 2025

The Company expects to incur total capitalized SaaS implementation costs of approximately $25 million to $30 million for the full year of 2025, which are not included in capital expenditures.

SEC original ↗Herbalife Ltd.. — Earnings release (8-K exhibit)EX-99Aug 6, 2025

As previously disclosed, in June 2025 the Company redeemed $50.0 million aggregate principal amount of the 7.875% Senior Notes due 2025 (“2025 Notes”) for an aggregate purchase price of $51.3 million, which included $1.3 million of accrued and unpaid interest.

SEC original ↗Herbalife Ltd.. — Earnings release (8-K exhibit)EX-99Aug 6, 2025

In addition, the Company’s revolving credit facility was undrawn as of June 30.

SEC original ↗Herbalife Ltd.. — Earnings release (8-K exhibit)EX-99Aug 6, 2025

” The Company’s distributor growth initiatives drove continued engagement in the second quarter, supported by the global launch of the all-new Herbalife Flex45 Challenge — a distributor engagement program centered on health, product use, personal development and business fundamentals — and sustained momentum from the Herbalife Premier League training and recognition program, initially launched at the end of the first quarter of 2024.

SEC original ↗Herbalife Ltd.. — Earnings release (8-K exhibit)EX-99Aug 6, 2025

All statements other than statements of historical fact are “forward-looking statements” for purposes of federal and state securities laws, including any projections of earnings, revenue or other financial items; any statements of the plans, strategies and objectives of management, including for future operations, capital expenditures, or share repurchases; any statements concerning proposed new products, services, or developments; any statements regarding future economic conditions or performance; any statements of belief or expectation; and any statements of assumptions underlying any of the foregoing or other future events.

SEC original ↗Herbalife Ltd.. — Earnings release (8-K exhibit)EX-99Aug 6, 2025

” Adjusted net income, adjusted diluted EPS, adjusted EBITDA and credit agreement EBITDA are calculated as net income attributable to Herbalife excluding the impact of certain unusual or non-recurring items such as expenses related to restructuring initiatives, expenses related to the digital technology program, gains or losses from sale of property, gains or losses from extinguishment of debt and certain tax expenses and benefits, as further detailed in the reconciliations below.

SEC original ↗Herbalife Ltd.. — Earnings release (8-K exhibit)EX-99Aug 6, 2025

2023-06, Disclosure Improvements: Codification Amendments in Response to the SEC s Disclosure Update and Simplification Initiative , which amends the disclosure or presentation requirements of a variety of topics in the accounting standards codification (the ASC ) in order to conform with certain SEC amendments in Release No.

SEC original ↗Herbalife Ltd.. — 10-Q Quarterly report10-QAug 5, 2026

This ASU clarifies certain aspects of the hedge accounting guidance and addresses additional issues arising from the global reference rate reform initiative.

SEC original ↗Herbalife Ltd.. — 10-Q Quarterly report10-QAug 5, 2026

Q2 ’24 Includes 170 basis points of FX headwinds Flat year-over-year on constant currency basis 2 ; near low end of guidance range Net income attributable to Herbalife of $49.3 million; adjusted net income 1 $60.5 million Adjusted EBITDA 1 of $173.6 million exceeds guidance Adjusted EBITDA 1 at constant currency 2 of $189.6 million exceeds guidance Adjusted EBITDA 1 margin down 30 basis points vs.

SEC original ↗Herbalife Ltd.. — Earnings release (8-K exhibit)EX-99Aug 6, 2025

Outlook Third quarter 2025 guidance provided Full-year 2025 guidance revised: raised net sales and adjusted EBITDA 1 , capital expenditures reduced Management Commentary Herbalife reported second quarter 2025 net sales of $1.3 billion, down 1.7% year-over-year, including 170 basis points of foreign currency headwinds.

SEC original ↗Herbalife Ltd.. — Earnings release (8-K exhibit)EX-99Aug 6, 2025

On a year-over-year basis, gross profit margin primarily benefited from approximately 70 basis points of pricing and approximately 20 basis points from lower inventory write-downs, partially offset by approximately 60 basis points of foreign currency headwinds and 10 basis points of input cost inflation.

SEC original ↗Herbalife Ltd.. — Earnings release (8-K exhibit)EX-99Aug 6, 2025

Adjusted EBITDA 1 of $173.6 million includes approximately $16 million of foreign currency headwinds year-over-year, with adjusted EBITDA 1 margin of 13.8%, down 30 basis points versus the second quarter of 2024.

SEC original ↗Herbalife Ltd.. — Earnings release (8-K exhibit)EX-99Aug 6, 2025

Diluted EPS was $0.48, with adjusted diluted EPS 1 of $0.59, which includes a $0.11 year-over-year foreign currency headwind.

SEC original ↗Herbalife Ltd.. — Earnings release (8-K exhibit)EX-99Aug 6, 2025

” The Company’s distributor growth initiatives drove continued engagement in the second quarter, supported by the global launch of the all-new Herbalife Flex45 Challenge — a distributor engagement program centered on health, product use, personal development and business fundamentals — and sustained momentum from the Herbalife Premier League training and recognition program, initially launched at the end of the first quarter of 2024.

SEC original ↗Herbalife Ltd.. — Earnings release (8-K exhibit)EX-99Aug 6, 2025