Stephan Gratziani to Transition to a Consultant Role and Refocus on His Distributorship; Board Committee Overseeing Process for Successor

Herbalife Ltd. (NYSE:HLF) ("the Company"), a premier health and wellness company, community and platform, today announced that Stephan Gratziani will transition from his role as Chief Executive Officer, effective October 31, 2026. Following the transition, Gratziani will continue supporting Herbalife as a consultant focused on strategy and business development. He will also return his primary focus to his independent distributorship of nearly 700,000 distributors and preferred members.

The Board of Directors has formed a committee to oversee the succession process for Gratziani. John DeSimone, the Company’s Chief Financial Officer, will serve as Interim Chief Executive Officer beginning November 1, 2026.