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Herbalife Ltd. 2025-2026 Proxy Voting Records

Compiled from SEC Form N-PX filings and Herbalife Ltd.’s Form 8-K, filed May 6, 2026 (Item 5.07 on EDGAR). Page generated October 18, 2026.

13Ballot items
268Asset managers
3,306Fund votes
April 30, 2026Meeting date

Results at a glance

Meeting of April 30, 2026: 13 items on Herbalife Ltd.’s Form 8-K, filed May 6, 2026: 2 approved · 11 without a stated outcome.

Material dissent

None.

Material dissent: a director nominee under 80% of the votes cast, say-on-pay under 70%, any other item the board put forward under 80%, or a shareholder proposal with more than 50%, on the company’s own Form 8-K tally. How this is decided

Proxy season: 2023-2024 2024-2025 2025-2026

Explore Herbalife Ltd. in the interactive database Compare manager voting policies

Official 2025-2026 meeting results reported by Herbalife Ltd.

These tallies are Herbalife Ltd.’s own, as disclosed to the U.S. Securities and Exchange Commission on Form 8-K, filed May 6, 2026 (Item 5.07, “Submission of Matters to a Vote of Security Holders”). They cover every share voted at the meeting, not just the funds that file Form N-PX.

Herbalife Ltd. — official shareholder meeting results, meeting held April 30, 2026
Ballot item	For	Against	Abstain	Withheld	Broker non-votes	Support (of votes cast)	Reported outcome	Voting standard
Elect Director: Michael O. Johnson	76,178,677	1,180,234	473,311	--	8,372,088	98%	Not verified	—
Elect Director: Dr. Richard H. Carmona	75,981,036	1,374,215	476,971	--	8,372,088	98%	Not verified	—
Elect Director: Lynda Cloud	76,723,208	628,366	480,648	--	8,372,088	99.1%	Not verified	—
Elect Director: Sophie L'Hélias	75,277,003	2,078,142	477,077	--	8,372,088	97%	Not verified	—
Elect Director: Michael J. Levitt	77,253,519	99,817	478,886	--	8,372,088	99.8%	Not verified	—
Elect Director: Rodica Macadrai	75,868,196	1,482,789	481,237	--	8,372,088	98%	Not verified	—
Elect Director: Juan Miguel Mendoza	76,113,335	1,240,668	478,219	--	8,372,088	98%	Not verified	—
Elect Director: Perkins Miller	76,705,543	641,330	485,349	--	8,372,088	99.1%	Not verified	—
Elect Director: Don Mulligan	76,082,929	1,263,574	485,719	--	8,372,088	98%	Not verified	—
Elect Director: Maria Otero	75,656,563	1,698,074	477,585	--	8,372,088	98%	Not verified	—
Elect Director: Des Walsh	69,655,978	7,698,500	477,744	--	8,372,088	90%	Not verified	—
2. Approve, on an advisory basis, the compensation of the Company's named executive officers	70,193,434	7,090,527	548,261	--	8,372,088	91%	Approved	—
3. Ratification, on an advisory basis, of the appointment of PricewaterhouseCoopers LLP as the Company's independent registered public accounting firm	83,842,391	1,848,197	513,722	--	0	98%	Approved	—

Source: Herbalife Ltd., Form 8-K, filed with the SEC on May 6, 2026 — read the filing on EDGAR.

How asset managers voted at the Herbalife Ltd. 2025-2026 meeting

Each item below shows how the 268 asset managers that disclosed a Herbalife Ltd. vote in their SEC Form N-PX filings actually voted. Share totals are the shares those managers' funds voted, summed across every fund they report.

1. Elect Director: Des Walsh

Outcome not verifiedDIRECTOR ELECTIONSReported outcome: Not verified

Combines 2 wordings of this item as funds reported it.

90% Majority: yes · of votes cast

FOR 90%

FOR: 69,655,978AGAINST: 7,698,500

Details: description as filed, official tally, votes by 81 asset managers

Description as filed by funds: Election of Directors: Des Walsh

Herbalife Ltd.’s own tally for this item (“Elect Director: Des Walsh”): 69,655,978 for, 7,698,500 against, per its Form 8-K filed May 6, 2026 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 90% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 81 asset managers below reported 24,663,392 for, 4,259,250 against, 2 abstained.

FORAGAINST

FOR: 24,663,392AGAINST: 4,259,250ABSTAIN: 2

Largest asset managers voting on “Election of Directors: Des Walsh” at Herbalife Ltd., 2025-2026
Asset manager	For	Against	Abstain	Vote
Vanguard	10,448,575	5,535	2	For
Fidelity	6,695,770	0	0	For
Charles Schwab	0	2,872,781	0	Against
BlackRock	2,436,968	0	0	For
TIAA	525,461	0	0	For
Goldman Sachs	462,745	0	0	For
Victory Capital	459,243	0	0	For
Dimensional	456,707	0	0	For
HOTCHKIS & WILEY FUNDS /DE/	357,900	0	0	For
NORTHERN LIGHTS FUND TRUST III	355,331	0	0	For
SEI	0	336,234	0	Against
ADVISORS SERIES TRUST	284,400	0	0	For
Bridge Builder Trust	27,507	207,700	0	Mixed
Equitable	211,547	0	0	For
Invesco	206,104	0	0	For
ADVISORS' INNER CIRCLE FUND	0	185,900	0	Against
Lincoln Financial	143,158	0	0	For
Prudential/PGIM	33,340	106,400	0	Mixed
Russell Investments	0	137,869	0	Against
WisdomTree	126,609	0	0	For
Nationwide	117,319	2,665	0	For
Principal Exchange-Traded Funds	116,806	0	0	For
HARBOR FUNDS	0	115,300	0	Against
OPTIMUM FUND TRUST	0	112,000	0	Against
JPMorgan	105,567	0	0	For

Showing the 25 largest of 81 asset managers. See all 81 in the interactive database.

2. Elect Director: Don Mulligan

Outcome not verifiedDIRECTOR ELECTIONSReported outcome: Not verified

Combines 3 wordings of this item as funds reported it.

98% Majority: yes · of votes cast

FOR 98%

FOR: 76,082,929AGAINST: 1,263,574

Details: description as filed, official tally, votes by 81 asset managers

Description as filed by funds: Election of Directors: Don Mulligan

Herbalife Ltd.’s own tally for this item (“Elect Director: Don Mulligan”): 76,082,929 for, 1,263,574 against, per its Form 8-K filed May 6, 2026 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 98% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 81 asset managers below reported 28,446,542 for, 476,099 against, 2 abstained.

FOR

FOR: 28,446,542AGAINST: 476,099ABSTAIN: 2

Largest asset managers voting on “Election of Directors: Don Mulligan” at Herbalife Ltd., 2025-2026
Asset manager	For	Against	Abstain	Vote
Vanguard	10,442,604	11,505	2	For
Fidelity	6,695,770	0	0	For
Charles Schwab	2,872,781	0	0	For
BlackRock	2,436,968	0	0	For
TIAA	525,461	0	0	For
Goldman Sachs	462,745	0	0	For
Victory Capital	459,243	0	0	For
Dimensional	456,707	0	0	For
HOTCHKIS & WILEY FUNDS /DE/	357,900	0	0	For
NORTHERN LIGHTS FUND TRUST III	0	355,331	0	Against
SEI	336,234	0	0	For
ADVISORS SERIES TRUST	284,400	0	0	For
Bridge Builder Trust	235,207	0	0	For
Equitable	211,547	0	0	For
Invesco	206,104	0	0	For
ADVISORS' INNER CIRCLE FUND	185,900	0	0	For
Lincoln Financial	143,158	0	0	For
Prudential/PGIM	139,740	0	0	For
Russell Investments	137,869	0	0	For
WisdomTree	126,609	0	0	For
Nationwide	119,984	0	0	For
Principal Exchange-Traded Funds	116,806	0	0	For
HARBOR FUNDS	115,300	0	0	For
OPTIMUM FUND TRUST	112,000	0	0	For
JPMorgan	0	105,567	0	Against

Showing the 25 largest of 81 asset managers. See all 81 in the interactive database.

3. Elect Director: Juan Miguel Mendoza

Outcome not verifiedDIRECTOR ELECTIONSReported outcome: Not verified

Combines 2 wordings of this item as funds reported it.

98% Majority: yes · of votes cast

FOR 98%

FOR: 76,113,335AGAINST: 1,240,668

Details: description as filed, official tally, votes by 81 asset managers

Description as filed by funds: Election of Directors: Juan Miguel Mendoza

Herbalife Ltd.’s own tally for this item (“Elect Director: Juan Miguel Mendoza”): 76,113,335 for, 1,240,668 against, per its Form 8-K filed May 6, 2026 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

The 81 asset managers below reported 28,552,109 for, 370,533 against, 2 abstained.

FOR

FOR: 28,552,109AGAINST: 370,533ABSTAIN: 2

Largest asset managers voting on “Election of Directors: Juan Miguel Mendoza” at Herbalife Ltd., 2025-2026
Asset manager	For	Against	Abstain	Vote
Vanguard	10,442,604	11,506	2	For
Fidelity	6,695,770	0	0	For
Charles Schwab	2,872,781	0	0	For
BlackRock	2,436,968	0	0	For
TIAA	525,461	0	0	For
Goldman Sachs	462,745	0	0	For
Victory Capital	459,243	0	0	For
Dimensional	456,707	0	0	For
HOTCHKIS & WILEY FUNDS /DE/	357,900	0	0	For
NORTHERN LIGHTS FUND TRUST III	0	355,331	0	Against
SEI	336,234	0	0	For
ADVISORS SERIES TRUST	284,400	0	0	For
Bridge Builder Trust	235,207	0	0	For
Equitable	211,547	0	0	For
Invesco	206,104	0	0	For
ADVISORS' INNER CIRCLE FUND	185,900	0	0	For
Lincoln Financial	143,158	0	0	For
Prudential/PGIM	139,740	0	0	For
Russell Investments	137,869	0	0	For
WisdomTree	126,609	0	0	For
Nationwide	119,984	0	0	For
Principal Exchange-Traded Funds	116,806	0	0	For
HARBOR FUNDS	115,300	0	0	For
OPTIMUM FUND TRUST	112,000	0	0	For
JPMorgan	105,567	0	0	For

Showing the 25 largest of 81 asset managers. See all 81 in the interactive database.

4. Elect Director: Lynda Cloud

Outcome not verifiedDIRECTOR ELECTIONSReported outcome: Not verified

Combines 2 wordings of this item as funds reported it.

99.1% Majority: yes · of votes cast

FOR 99.1%

FOR: 76,723,208AGAINST: 628,366

Details: description as filed, official tally, votes by 81 asset managers

Description as filed by funds: Election of Directors: Lynda Cloud

Herbalife Ltd.’s own tally for this item (“Elect Director: Lynda Cloud”): 76,723,208 for, 628,366 against, per its Form 8-K filed May 6, 2026 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 99.1% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 81 asset managers below reported 29,001,639 for, 2 against, 2 abstained.

FOR

FOR: 29,001,639AGAINST: 2ABSTAIN: 2

Largest asset managers voting on “Election of Directors: Lynda Cloud” at Herbalife Ltd., 2025-2026
Asset manager	For	Against	Abstain	Vote
Vanguard	10,454,107	2	2	For
Fidelity	6,695,770	0	0	For
Charles Schwab	2,872,781	0	0	For
BlackRock	2,436,968	0	0	For
TIAA	525,461	0	0	For
Goldman Sachs	462,745	0	0	For
Victory Capital	459,243	0	0	For
Dimensional	456,707	0	0	For
HOTCHKIS & WILEY FUNDS /DE/	357,900	0	0	For
NORTHERN LIGHTS FUND TRUST III	355,331	0	0	For
SEI	336,234	0	0	For
ADVISORS SERIES TRUST	284,400	0	0	For
Bridge Builder Trust	235,207	0	0	For
Equitable	211,547	0	0	For
Invesco	206,104	0	0	For
ADVISORS' INNER CIRCLE FUND	185,900	0	0	For
Lincoln Financial	143,158	0	0	For
Prudential/PGIM	139,740	0	0	For
Russell Investments	137,869	0	0	For
WisdomTree	126,609	0	0	For
Nationwide	119,984	0	0	For
Principal Exchange-Traded Funds	116,806	0	0	For
HARBOR FUNDS	115,300	0	0	For
OPTIMUM FUND TRUST	112,000	0	0	For
JPMorgan	105,567	0	0	For

Showing the 25 largest of 81 asset managers. See all 81 in the interactive database.

5. Elect Director: Maria Otero

Outcome not verifiedDIRECTOR ELECTIONSReported outcome: Not verified

Combines 2 wordings of this item as funds reported it.

98% Majority: yes · of votes cast

FOR 98%

FOR: 75,656,563AGAINST: 1,698,074

Details: description as filed, official tally, votes by 81 asset managers

Description as filed by funds: Election of Directors: Maria Otero

Herbalife Ltd.’s own tally for this item (“Elect Director: Maria Otero”): 75,656,563 for, 1,698,074 against, per its Form 8-K filed May 6, 2026 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

The 81 asset managers below reported 28,446,540 for, 476,101 against, 2 abstained.

FOR

FOR: 28,446,540AGAINST: 476,101ABSTAIN: 2

Largest asset managers voting on “Election of Directors: Maria Otero” at Herbalife Ltd., 2025-2026
Asset manager	For	Against	Abstain	Vote
Vanguard	10,442,602	11,507	2	For
Fidelity	6,695,770	0	0	For
Charles Schwab	2,872,781	0	0	For
BlackRock	2,436,968	0	0	For
TIAA	525,461	0	0	For
Goldman Sachs	462,745	0	0	For
Victory Capital	459,243	0	0	For
Dimensional	456,707	0	0	For
HOTCHKIS & WILEY FUNDS /DE/	357,900	0	0	For
NORTHERN LIGHTS FUND TRUST III	0	355,331	0	Against
SEI	336,234	0	0	For
ADVISORS SERIES TRUST	284,400	0	0	For
Bridge Builder Trust	235,207	0	0	For
Equitable	211,547	0	0	For
Invesco	206,104	0	0	For
ADVISORS' INNER CIRCLE FUND	185,900	0	0	For
Lincoln Financial	143,158	0	0	For
Prudential/PGIM	139,740	0	0	For
Russell Investments	137,869	0	0	For
WisdomTree	126,609	0	0	For
Nationwide	119,984	0	0	For
Principal Exchange-Traded Funds	116,806	0	0	For
HARBOR FUNDS	115,300	0	0	For
OPTIMUM FUND TRUST	112,000	0	0	For
JPMorgan	0	105,567	0	Against

Showing the 25 largest of 81 asset managers. See all 81 in the interactive database.

6. Elect Director: Michael J. Levitt

Outcome not verifiedDIRECTOR ELECTIONSReported outcome: Not verified

Combines 2 wordings of this item as funds reported it.

99.8% Majority: yes · of votes cast

FOR 99.8%

FOR: 77,253,519AGAINST: 99,817

Details: description as filed, official tally, votes by 81 asset managers

Description as filed by funds: Election of Directors: Michael J. Levitt

Herbalife Ltd.’s own tally for this item (“Elect Director: Michael J. Levitt”): 77,253,519 for, 99,817 against, per its Form 8-K filed May 6, 2026 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 99.8% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 81 asset managers below reported 28,941,641 for, 2 abstained.

FOR

FOR: 28,941,641ABSTAIN: 2

Largest asset managers voting on “Election of Directors: Michael J. Levitt” at Herbalife Ltd., 2025-2026
Asset manager	For	Abstain	Vote
Vanguard	10,454,109	2	For
Fidelity	6,695,770	0	For
Charles Schwab	2,872,781	0	For
BlackRock	2,436,968	0	For
TIAA	525,461	0	For
Goldman Sachs	462,745	0	For
Victory Capital	459,243	0	For
Dimensional	456,707	0	For
HOTCHKIS & WILEY FUNDS /DE/	357,900	0	For
NORTHERN LIGHTS FUND TRUST III	355,331	0	For
SEI	336,234	0	For
ADVISORS SERIES TRUST	284,400	0	For
Bridge Builder Trust	235,207	0	For
Equitable	211,547	0	For
Invesco	206,104	0	For
ADVISORS' INNER CIRCLE FUND	185,900	0	For
Lincoln Financial	143,158	0	For
Prudential/PGIM	139,740	0	For
Russell Investments	137,869	0	For
WisdomTree	126,609	0	For
Nationwide	119,984	0	For
Principal Exchange-Traded Funds	116,806	0	For
HARBOR FUNDS	115,300	0	For
OPTIMUM FUND TRUST	112,000	0	For
JPMorgan	105,567	0	For

Showing the 25 largest of 81 asset managers. See all 81 in the interactive database.

7. Elect Director: Michael O. Johnson

Outcome not verifiedDIRECTOR ELECTIONSReported outcome: Not verified

Combines 2 wordings of this item as funds reported it.

98% Majority: yes · of votes cast

FOR 98%

FOR: 76,178,677AGAINST: 1,180,234

Details: description as filed, official tally, votes by 81 asset managers

Description as filed by funds: Election of Directors: Michael O. Johnson

Herbalife Ltd.’s own tally for this item (“Elect Director: Michael O. Johnson”): 76,178,677 for, 1,180,234 against, per its Form 8-K filed May 6, 2026 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

The 81 asset managers below reported 28,571,758 for, 369,883 against, 2 abstained.

FOR

FOR: 28,571,758AGAINST: 369,883ABSTAIN: 2

Largest asset managers voting on “Election of Directors: Michael O. Johnson” at Herbalife Ltd., 2025-2026
Asset manager	For	Against	Abstain	Vote
Vanguard	10,442,604	11,505	2	For
Fidelity	6,695,770	0	0	For
Charles Schwab	2,872,781	0	0	For
BlackRock	2,436,968	0	0	For
TIAA	525,461	0	0	For
Goldman Sachs	462,745	0	0	For
Victory Capital	459,243	0	0	For
Dimensional	456,707	0	0	For
HOTCHKIS & WILEY FUNDS /DE/	357,900	0	0	For
NORTHERN LIGHTS FUND TRUST III	0	355,331	0	Against
SEI	336,234	0	0	For
ADVISORS SERIES TRUST	284,400	0	0	For
Bridge Builder Trust	235,207	0	0	For
Equitable	211,547	0	0	For
Invesco	206,104	0	0	For
ADVISORS' INNER CIRCLE FUND	185,900	0	0	For
Lincoln Financial	143,158	0	0	For
Prudential/PGIM	139,740	0	0	For
Russell Investments	137,869	0	0	For
WisdomTree	126,609	0	0	For
Nationwide	119,984	0	0	For
Principal Exchange-Traded Funds	116,806	0	0	For
HARBOR FUNDS	115,300	0	0	For
OPTIMUM FUND TRUST	112,000	0	0	For
JPMorgan	105,567	0	0	For

Showing the 25 largest of 81 asset managers. See all 81 in the interactive database.

8. Elect Director: Perkins Miller

Outcome not verifiedDIRECTOR ELECTIONSReported outcome: Not verified

Combines 2 wordings of this item as funds reported it.

99.1% Majority: yes · of votes cast

FOR 99.1%

FOR: 76,705,543AGAINST: 641,330

Details: description as filed, official tally, votes by 81 asset managers

Description as filed by funds: Election of Directors: Perkins Miller

Herbalife Ltd.’s own tally for this item (“Elect Director: Perkins Miller”): 76,705,543 for, 641,330 against, per its Form 8-K filed May 6, 2026 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

The 81 asset managers below reported 28,922,639 for, 2 against, 2 abstained.

FOR

FOR: 28,922,639AGAINST: 2ABSTAIN: 2

Largest asset managers voting on “Election of Directors: Perkins Miller” at Herbalife Ltd., 2025-2026
Asset manager	For	Against	Abstain	Vote
Vanguard	10,454,107	2	2	For
Fidelity	6,695,770	0	0	For
Charles Schwab	2,872,781	0	0	For
BlackRock	2,436,968	0	0	For
TIAA	525,461	0	0	For
Goldman Sachs	462,745	0	0	For
Victory Capital	459,243	0	0	For
Dimensional	456,707	0	0	For
HOTCHKIS & WILEY FUNDS /DE/	357,900	0	0	For
NORTHERN LIGHTS FUND TRUST III	355,331	0	0	For
SEI	336,234	0	0	For
ADVISORS SERIES TRUST	284,400	0	0	For
Bridge Builder Trust	235,207	0	0	For
Equitable	211,547	0	0	For
Invesco	206,104	0	0	For
ADVISORS' INNER CIRCLE FUND	185,900	0	0	For
Lincoln Financial	143,158	0	0	For
Prudential/PGIM	139,740	0	0	For
Russell Investments	137,869	0	0	For
WisdomTree	126,609	0	0	For
Nationwide	119,984	0	0	For
Principal Exchange-Traded Funds	116,806	0	0	For
HARBOR FUNDS	115,300	0	0	For
OPTIMUM FUND TRUST	112,000	0	0	For
JPMorgan	105,567	0	0	For

Showing the 25 largest of 81 asset managers. See all 81 in the interactive database.

9. Elect Director: Dr. Richard H. Carmona

Outcome not verifiedDIRECTOR ELECTIONSReported outcome: Not verified

Combines 2 wordings of this item as funds reported it.

98% Majority: yes · of votes cast

FOR 98%

FOR: 75,981,036AGAINST: 1,374,215

Details: description as filed, official tally, votes by 81 asset managers

Description as filed by funds: Election of Directors: Richard H. Carmona

Herbalife Ltd.’s own tally for this item (“Elect Director: Dr. Richard H. Carmona”): 75,981,036 for, 1,374,215 against, per its Form 8-K filed May 6, 2026 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

The 81 asset managers below reported 28,623,309 for, 378,332 against, 2 abstained.

FOR

FOR: 28,623,309AGAINST: 378,332ABSTAIN: 2

Largest asset managers voting on “Election of Directors: Richard H. Carmona” at Herbalife Ltd., 2025-2026
Asset manager	For	Against	Abstain	Vote
Vanguard	10,442,603	11,506	2	For
Fidelity	6,695,770	0	0	For
Charles Schwab	2,872,781	0	0	For
BlackRock	2,436,968	0	0	For
TIAA	525,461	0	0	For
Goldman Sachs	462,745	0	0	For
Victory Capital	459,243	0	0	For
Dimensional	456,707	0	0	For
HOTCHKIS & WILEY FUNDS /DE/	357,900	0	0	For
NORTHERN LIGHTS FUND TRUST III	0	355,331	0	Against
SEI	336,234	0	0	For
ADVISORS SERIES TRUST	284,400	0	0	For
Bridge Builder Trust	235,207	0	0	For
Equitable	211,547	0	0	For
Invesco	206,104	0	0	For
ADVISORS' INNER CIRCLE FUND	185,900	0	0	For
Lincoln Financial	143,158	0	0	For
Prudential/PGIM	139,740	0	0	For
Russell Investments	137,869	0	0	For
WisdomTree	126,609	0	0	For
Nationwide	119,984	0	0	For
Principal Exchange-Traded Funds	116,806	0	0	For
HARBOR FUNDS	115,300	0	0	For
OPTIMUM FUND TRUST	112,000	0	0	For
JPMorgan	105,567	0	0	For

Showing the 25 largest of 81 asset managers. See all 81 in the interactive database.

10. Elect Director: Rodica Macadrai

Outcome not verifiedDIRECTOR ELECTIONSReported outcome: Not verified

Combines 2 wordings of this item as funds reported it.

98% Majority: yes · of votes cast

FOR 98%

FOR: 75,868,196AGAINST: 1,482,789

Details: description as filed, official tally, votes by 81 asset managers

Description as filed by funds: Election of Directors: Rodica Macadrai

Herbalife Ltd.’s own tally for this item (“Elect Director: Rodica Macadrai”): 75,868,196 for, 1,482,789 against, per its Form 8-K filed May 6, 2026 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

The 81 asset managers below reported 28,921,987 for, 654 against, 2 abstained.

FOR

FOR: 28,921,987AGAINST: 654ABSTAIN: 2

Largest asset managers voting on “Election of Directors: Rodica Macadrai” at Herbalife Ltd., 2025-2026
Asset manager	For	Against	Abstain	Vote
Vanguard	10,454,104	5	2	For
Fidelity	6,695,770	0	0	For
Charles Schwab	2,872,781	0	0	For
BlackRock	2,436,968	0	0	For
TIAA	525,461	0	0	For
Goldman Sachs	462,745	0	0	For
Victory Capital	459,243	0	0	For
Dimensional	456,707	0	0	For
HOTCHKIS & WILEY FUNDS /DE/	357,900	0	0	For
NORTHERN LIGHTS FUND TRUST III	355,331	0	0	For
SEI	336,234	0	0	For
ADVISORS SERIES TRUST	284,400	0	0	For
Bridge Builder Trust	235,207	0	0	For
Equitable	211,547	0	0	For
Invesco	206,104	0	0	For
ADVISORS' INNER CIRCLE FUND	185,900	0	0	For
Lincoln Financial	143,158	0	0	For
Prudential/PGIM	139,740	0	0	For
Russell Investments	137,869	0	0	For
WisdomTree	126,609	0	0	For
Nationwide	119,984	0	0	For
Principal Exchange-Traded Funds	116,806	0	0	For
HARBOR FUNDS	115,300	0	0	For
OPTIMUM FUND TRUST	112,000	0	0	For
JPMorgan	105,567	0	0	For

Showing the 25 largest of 81 asset managers. See all 81 in the interactive database.

11. Elect Director: Sophie L'Hélias

Outcome not verifiedDIRECTOR ELECTIONSReported outcome: Not verified

Combines 5 wordings of this item as funds reported it.

97% Majority: yes · of votes cast

FOR 97%

FOR: 75,277,003AGAINST: 2,078,142

Details: description as filed, official tally, votes by 78 asset managers

Description as filed by funds: Election of Directors: Sophie L'Helias

Herbalife Ltd.’s own tally for this item (“Elect Director: Sophie L'Hélias”): 75,277,003 for, 2,078,142 against, per its Form 8-K filed May 6, 2026 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 97% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 78 asset managers below reported 28,503,628 for, 20,063 against, 2 abstained.

FOR

FOR: 28,503,628AGAINST: 20,063ABSTAIN: 2

Largest asset managers voting on “Election of Directors: Sophie L'Helias” at Herbalife Ltd., 2025-2026
Asset manager	For	Against	Abstain	Vote
Vanguard	10,437,094	17,016	2	For
Fidelity	6,695,770	0	0	For
Charles Schwab	2,872,781	0	0	For
BlackRock	2,436,968	0	0	For
TIAA	525,461	0	0	For
Goldman Sachs	462,745	0	0	For
Victory Capital	459,243	0	0	For
Dimensional	456,707	0	0	For
HOTCHKIS & WILEY FUNDS /DE/	357,900	0	0	For
SEI	336,234	0	0	For
ADVISORS SERIES TRUST	284,400	0	0	For
Bridge Builder Trust	235,207	0	0	For
Equitable	211,547	0	0	For
Invesco	206,104	0	0	For
ADVISORS' INNER CIRCLE FUND	185,900	0	0	For
Lincoln Financial	143,158	0	0	For
Prudential/PGIM	139,740	0	0	For
Russell Investments	137,869	0	0	For
WisdomTree	126,609	0	0	For
Nationwide	119,984	0	0	For
Principal Exchange-Traded Funds	116,806	0	0	For
HARBOR FUNDS	115,300	0	0	For
OPTIMUM FUND TRUST	112,000	0	0	For
JPMorgan	105,567	0	0	For
Columbia Threadneedle	102,652	0	0	For

Showing the 25 largest of 78 asset managers. See all 78 in the interactive database.

12. 2. Approve, on an advisory basis, the compensation of the Company's named executive officers

Official result Fund totals may overlapSECTION 14A SAY-ON-PAY VOTESReported outcome: Approved

Combines 5 wordings of this item as funds reported it.

91% Approved · of votes cast

FOR 91%

FOR: 70,193,434AGAINST: 7,090,527

Details: description as filed, official tally, votes by 268 asset managers

Description as filed by funds: Approve, on an advisory basis, the compensation of the Company's named executive officers

Herbalife Ltd.’s own tally for this item (“2. Approve, on an advisory basis, the compensation of the Company's named executive officers”): 70,193,434 for, 7,090,527 against — passed, per its Form 8-K filed May 6, 2026 (Item 5.07).

Reported outcome: Approved, in the filing’s own words: “The advisory resolution to approve the compensation of the named executive officers was approved.”
Support: 91% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

Fund voting reports and institutional-manager reports both cover this item. An institutional manager can report shares that a fund it advises also reports, so the two are shown separately below and never added together, and their sum is not shown (fund and manager reports combined may count the same shares twice).

Fund voting reports: 80 asset managers voting on “Approve, on an advisory basis, the compensation of the Company's named executive officers” at Herbalife Ltd., 2025-2026
Asset manager	For	Against	Abstain	Vote
Vanguard	10,448,578	5,531	2	For
Fidelity	6,695,770	0	0	For
Charles Schwab	2,872,781	0	0	For
BlackRock	2,436,968	0	0	For
TIAA	525,461	0	0	For
Goldman Sachs	462,745	0	0	For
Victory Capital	459,243	0	0	For
Dimensional	0	456,707	0	Against
HOTCHKIS & WILEY FUNDS /DE/	357,900	0	0	For
NORTHERN LIGHTS FUND TRUST III	355,331	0	0	For
SEI	0	336,234	0	Against
ADVISORS SERIES TRUST	284,400	0	0	For
Bridge Builder Trust	27,507	207,700	0	Mixed
Equitable	211,547	0	0	For
Invesco	206,104	0	0	For
ADVISORS' INNER CIRCLE FUND	0	185,900	0	Against
Lincoln Financial	134,183	8,975	0	Mixed
Prudential/PGIM	21,200	118,540	0	Mixed
Russell Investments	0	137,869	0	Against
WisdomTree	126,609	0	0	For
Nationwide	117,319	2,665	0	For
Principal Exchange-Traded Funds	116,806	0	0	For
HARBOR FUNDS	0	115,300	0	Against
OPTIMUM FUND TRUST	0	112,000	0	Against
JPMorgan	105,567	0	0	For

Fund voting reports, all 80 managers: 26,899,633 for, 2,022,008 against, 1,002 abstained. Showing the 25 largest; see all in the interactive database.

Institutional-manager reports: 206 asset managers voting on “Approve, on an advisory basis, the compensation of the Company's named executive officers” at Herbalife Ltd., 2025-2026
Asset manager	For	Against	Vote
Baupost	9,259,844	0	For
Route One Investment Company, L.P.	8,162,123	0	For
Fidelity	5,134,632	0	For
BlackRock	3,898,347	947	For
Charles Schwab	2,872,944	0	For
GEODE CAPITAL MANAGEMENT, LLC	2,610,227	0	For
Renaissance	2,401,179	0	For
State Street	1,975,503	20,340	For
Solel Partners LP	1,860,615	0	For
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP	1,750,467	7,159	For
IRIDIAN ASSET MANAGEMENT LLC/CT	1,584,069	0	For
LSV ASSET MANAGEMENT	0	1,580,644	Against
Tenzing Global Management, LLC	1,050,000	0	For
Vanguard	1,007,386	0	For
Goldman Sachs	964,033	0	For
JUPITER ASSET MANAGEMENT LTD	957,037	0	For
Two Sigma	870,498	0	For
HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC	606,270	0	For
Northern Trust	595,085	3,296	For
SEI	0	572,113	Against
Nuveen	548,152	0	For
Victory Capital	539,223	0	For
Invenomic Capital Management LP	0	471,062	Against
Aristotle Capital Boston, LLC	440,964	0	For
Manatuck Hill Partners, LLC	395,643	0	For

Institutional-manager reports, all 206 managers: 53,231,410 for, 4,474,233 against, 453,432 abstained, 1,723 not voted. Showing the 25 largest; see all in the interactive database.

13. 3. Ratification, on an advisory basis, of the appointment of PricewaterhouseCoopers LLP as the Company's independent…

Official resultAUDIT-RELATEDReported outcome: Approved

Combines 3 wordings of this item as funds reported it.

98% Approved · of votes cast

FOR 98%

FOR: 83,842,391AGAINST: 1,848,197

Details: description as filed, official tally, votes by 81 asset managers

Description as filed by funds: Ratify, on an advisory basis, the appointment of PricewaterhouseCoopers LLP as the Company's independent registered public accounting firm for fiscal year 2026

Herbalife Ltd.’s own tally for this item (“3. Ratification, on an advisory basis, of the appointment of PricewaterhouseCoopers LLP as the Company's independent registered public accounting firm”): 83,842,391 for, 1,848,197 against — passed, per its Form 8-K filed May 6, 2026 (Item 5.07).

Reported outcome: Approved, in the filing’s own words: “The appointment of PricewaterhouseCoopers LLP as the Company's independent registered public accounting firm for fiscal year 2026 was ratified.”
Support: 98% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 81 asset managers below reported 28,552,755 for, 369,886 against, 2 abstained.

FOR

FOR: 28,552,755AGAINST: 369,886ABSTAIN: 2

Largest asset managers voting on “Ratify, on an advisory basis, the appointment of PricewaterhouseCoopers LLP as the Company's independent regis” at Herbalife Ltd., 2025-2026
Asset manager	For	Against	Abstain	Vote
Vanguard	10,442,601	11,508	2	For
Fidelity	6,695,770	0	0	For
Charles Schwab	2,872,781	0	0	For
BlackRock	2,436,968	0	0	For
TIAA	525,461	0	0	For
Goldman Sachs	462,745	0	0	For
Victory Capital	459,243	0	0	For
Dimensional	456,707	0	0	For
HOTCHKIS & WILEY FUNDS /DE/	357,900	0	0	For
NORTHERN LIGHTS FUND TRUST III	0	355,331	0	Against
SEI	336,234	0	0	For
ADVISORS SERIES TRUST	284,400	0	0	For
Bridge Builder Trust	235,207	0	0	For
Equitable	211,547	0	0	For
Invesco	206,104	0	0	For
ADVISORS' INNER CIRCLE FUND	185,900	0	0	For
Lincoln Financial	143,158	0	0	For
Prudential/PGIM	139,740	0	0	For
Russell Investments	137,869	0	0	For
WisdomTree	126,609	0	0	For
Nationwide	119,984	0	0	For
Principal Exchange-Traded Funds	116,806	0	0	For
HARBOR FUNDS	115,300	0	0	For
OPTIMUM FUND TRUST	112,000	0	0	For
JPMorgan	105,567	0	0	For

Showing the 25 largest of 81 asset managers. See all 81 in the interactive database.

Largest Herbalife Ltd. shareholders voting in 2025-2026

Ranked separately for each type of Form N-PX report. An institutional manager can report shares that a fund it advises also reports, so the two tables can list the same shares and are never added together. Each is ranked by the shares voted on the item that the most managers of that type reported, shown as a share of the 103,400,000 shares outstanding at the time of that meeting.

Fund voting reports: top Herbalife Ltd. shareholders by shares voted on “Approve, on an advisory basis, the compensation of the Company's named executive officers”, 2025-2026
#	Asset manager	% of shares outstanding
1	Vanguard	10.11%
2	Fidelity	6.48%
3	Charles Schwab	2.78%
4	BlackRock	2.36%
5	TIAA	0.51%
6	Goldman Sachs	0.45%
7	Victory Capital	0.44%
8	Dimensional	0.44%
9	HOTCHKIS & WILEY FUNDS /DE/	0.35%
10	NORTHERN LIGHTS FUND TRUST III	0.34%

Institutional-manager reports: top Herbalife Ltd. shareholders by shares voted on “Approve, on an advisory basis, the compensation of the Company's named executive officers”, 2025-2026
#	Asset manager	% of shares outstanding
1	Baupost	8.96%
2	Route One Investment Company, L.P.	7.89%
3	Fidelity	4.97%
4	BlackRock	3.77%
5	Charles Schwab	2.78%
6	GEODE CAPITAL MANAGEMENT, LLC	2.52%
7	Renaissance	2.32%
8	State Street	1.93%
9	Solel Partners LP	1.80%
10	ARROWSTREET CAPITAL, LIMITED PARTNERSHIP	1.70%

Reported Herbalife Ltd. holdings and ownership

As disclosed to the SEC in Form 13F (quarter-end holdings of 30 large managers), Schedules 13D and 13G (beneficial ownership above 5%) and the company’s own proxy statement (DEF 14A). Each row names its form.

Herbalife Ltd. holdings and ownership disclosed for the 2025-2026 proxy season
Holder	% outstanding	Disclosure
Vanguard Group	11.33%	13F
The Baupost Group, L.L.C.	8.33%	DEF14A
BlackRock	7.56%	13F
Route One Investment Company, L.P.	7.28%	DEF14A
Nantahala Capital Management, LLC	6.73%	13G
Vanguard Portfolio Management	6.12%	13G
Renaissance Technologies	5.32%	13F
FMR (Fidelity)	5.09%	13F
Citadel Advisors	3.07%	13F
Goldman Sachs	3.06%	13F

Percentages above are of 103,400,000 shares outstanding, as reported by Herbalife Ltd. on its Form 10-Q dated March 31, 2026 (see the filing on EDGAR). This is the count contemporaneous with the 2025-2026 meeting, not today’s. Each holding is as of its own filing, which may be dated before or after the meeting.

About this page

Every figure above is derived from filings made with the US Securities and Exchange Commission: Form N-PX, in which registered funds disclose how they voted every proxy and institutional managers disclose their votes on executive pay (say-on-pay, say-on-frequency and golden parachutes), and Form 8-K Item 5.07, in which the company reports its own meeting results. Shares outstanding are taken from Herbalife Ltd.’s 10-Q dated March 31, 2026. This page is a static snapshot rebuilt weekly on October 18, 2026; a live search always shows the current data.

At Herbalife Ltd.'s shareholder meeting held April 30, 2026, in the 2025-2026 proxy season, 268 asset managers reported how they voted on 13 ballot items in their SEC Form N-PX filings, covering 3,306 separate fund positions. On the most widely held item on that ballot — Approve, on an advisory basis, the compensation of the Company's named executive officers — Herbalife Ltd.'s filing reports the proposal as approved, with 91% support of the votes cast (FOR divided by FOR plus AGAINST, the conventional basis for proxy support; abstentions, broker non-votes and unvoted shares are excluded because none of them took a side). Source: Herbalife Ltd.'s Form 8-K, Item 5.07, filed with the U.S. Securities and Exchange Commission on May 6, 2026.

Herbalife Ltd. proxy season coverage: 2023-2024 · 2024-2025 · 2025-2026 (this page).

Download data (CSV): ballot items · votes by manager · column guide.