X0306 4 2019-02-22 0 0001180262 HERBALIFE NUTRITION LTD. HLF 0001311173 JOHNSON MICHAEL 800 W. OLYMPIC BLVD., SUITE #406 LOS ANGELES CA 90015 1 1 0 0 Chairman and CEO Stock Appreciation Rights 31.255 2019-02-22 4 A 0 201544 0.00 A 2019-05-09 2026-05-09 Common Stock 201544 335908 D Stock Appreciation Rights 28.595 2019-02-22 4 A 0 35310 0.00 A 2019-02-27 2027-02-27 Common Stock 35310 70620 D On May 9, 2016, the Reporting Person was granted an award of 335,908 performance stock appreciation rights ("PSARs"), which number reflects the Issuer's 2-for-1 stock split on May 14, 2018. The amount and timing of the vesting of these PSARs is dependent upon achievement by the Issuer of certain performance criteria for each of fiscal 2016, 2017 and 2018. As the performance criteria for 2018 has been satisfied, 201,544 PSARs will vest on May 9, 2019, subject to continued service through each applicable date. On February 27, 2017, the Reporting Person was granted an award of 176,552 PSARs, which number reflects the Issuer's 2-for-1 stock split on May 14, 2018. The amount and timing of the vesting of these PSARs is dependent upon achievement by the Issuer of certain performance criteria for each of fiscal 2017, 2018 and 2019. As the performance criteria for 2018 has been satisfied, 35,310 PSARs will vest on February 27, 2019, subject to continued service through each applicable date. /s/ Lisa Kwon, as Attorney-in-Fact for Michael O. Johnson 2019-02-25