X0306 4 2019-02-22 0 0001180262 HERBALIFE NUTRITION LTD. HLF 0001373040 Walsh Des 800 W. OLYMPIC BOULEVARD, #406 LOS ANGELES CA 90015 0 1 0 0 Executive Vice Chairman Stock Appreciation Rights 31.255 2019-02-22 4 A 0 72798 0.00 A 2019-05-09 2026-05-09 Common Stock 72798 121330 D Stock Appreciation Rights 28.595 2019-02-22 4 A 0 25508 0.00 A 2019-02-27 2027-02-27 Common Stock 25508 51016 D On May 9, 2016, the Reporting Person was granted an award of 121,330 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, 72,798 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 127,542 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, 25,508 PSARs will vest on February 27, 2019, subject to continued service through each applicable date. /s/ Lisa Kwon, as Attorney-in-Fact for Des Walsh 2019-02-25