Statement Regarding Herbalife

Almost four years ago, we became shareholders of Herbalife and now have five of our nominees on the Board.  We would like to applaud Michael Johnson for doing a superb job navigating the company through a number of libelous attacks during this period. I am glad he intends to stay meaningfully involved in the company and I fully support the Board’s choice of Rich Goudis becoming CEO while Michael remains actively engaged as Executive Chairman.