X0306 4 2018-04-02 0 0001180262 HERBALIFE LTD. HLF 0001713357 Harms Thomas 800 W. OLYMPIC BLVD., SUITE 406 LOS ANGELES CA 90015 0 1 0 0 SVP, China & APAC Common Stock 2018-04-02 4 M 0 9176 30.44 A 13810 D Common Stock 2018-04-02 4 D 0 2869 97.38 D 10941 D Common Stock 2018-04-02 4 F 0 3128 97.38 D 7813 D Common Stock 2018-04-02 4 M 0 6639 59.98 A 14452 D Common Stock 2018-04-02 4 D 0 4090 97.38 D 10362 D Common Stock 2018-04-02 4 F 0 1265 97.38 D 9097 D Common Stock 2018-04-02 4 M 0 11803 44.79 A 20900 D Common Stock 2018-04-02 4 D 0 5429 97.38 D 15471 D Common Stock 2018-04-02 4 F 0 3161 97.38 D 12310 D Common Stock 2018-04-02 4 M 0 4167 53.29 A 16477 D Common Stock 2018-04-02 4 D 0 2281 97.38 D 14196 D Common Stock 2018-04-02 4 F 0 684 97.38 D 13512 D Common Stock 2018-04-02 4 M 0 5032 22.94 A 18544 D Common Stock 2018-04-02 4 D 0 1186 97.38 D 17358 D Common Stock 2018-04-02 4 F 0 1331 97.38 D 16027 D Common Stock 2018-04-04 4 S 0 11393 95.98 D 4634 D Stock Appreciation Right 30.44 2018-04-02 4 M 0 9176 0.00 D 2018-03-02 2025-03-02 Common Stock 9176 0 D Stock Appreciation Right 59.98 2018-04-02 4 M 0 6639 0.00 D 2017-04-30 2024-04-30 Common Stock 6639 0 D Stock Appreciation Right 44.79 2018-04-02 4 M 0 11803 0.00 D 2015-05-31 2022-05-31 Common Stock 11803 0 D Stock Appreciation Right 53.29 2018-04-02 4 M 0 4167 0.00 D 2014-05-18 2021-05-18 Common Stock 4167 0 D Stock Appreciation Right 22.94 2018-04-02 4 M 0 5032 0.00 D 2010-05-07 2020-05-07 Common Stock 5032 0 D This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on February 28, 2018. The reporting person received 3,179 shares of common stock upon the net exercise of 9,176 stock appreciation rights ("SARs"). The reporting person forfeited 2,869 shares of common stock underlying such SARs in payment of the exercise price and 3,128 shares of common stock underlying such SARs to satisfy the withholding tax obligation resulting from the exercise, using the closing stock price on April 2, 2018 of $97.38. The reporting person received 1,284 shares of common stock upon the net exercise of 6,639 SARs. The reporting person forfeited 4,090 shares of common stock underlying such SARs in payment of the exercise price and 1,265 shares of common stock underlying such SARs to satisfy the withholding tax obligation resulting from the exercise, using the closing stock price on April 2, 2018, of $97.38. The reporting person received 3,213 shares of common stock upon the net exercise of 11,803 SARs. The reporting person forfeited 5,429 shares of common stock underlying such SARs in payment of the exercise price and 3,161 shares of common stock underlying such SARs to satisfy the withholding tax obligation resulting from the exercise, using the closing stock price on April 2, 2018, of $97.38. The reporting person received 1,202 shares of common stock upon the net exercise of 4,167 SARs. The reporting person forfeited 2,281 shares of common stock underlying such SARs in payment of the exercise price and 684 shares of common stock underlying such SARs to satisfy the withholding tax obligation resulting from the exercise, using the closing stock price on April 2, 2018, of $97.38. The reporting person received 2,515 shares of common stock upon the net exercise of 5,032 SARs. The reporting person forfeited 1,186 shares of common stock underlying such SARs in payment of the exercise price and 1,331 shares of common stock underlying such SARs to satisfy the withholding tax obligation resulting from the exercise, using the closing stock price on April 2, 2018, of $97.38. /s/ Eileen Uy, Attorney-in-Fact for Thomas Harms 2018-04-04