1、2021 Annual ReportDear Shareholders,At the time of this writing,we are deeply saddened by the war we are witnessing in Ukraine.Our hearts are withthe Ukrainian people,and we stand with the international community in calling for a peaceful end to this conflict.Herbalife Nutrition is currently providi
2、ng nutrition products and financial assistance to organizations supportingimpacted communities.In 2021,we continued our focus on improving communities around the world,which led to strong business per-formance and growth.Our results were driven by global trends,the demand for our nutrition products
3、and theunstoppable force of our employees as well as our distributors,who grew their businesses and delivered for theircustomers.These drivers of growth,underpinned by our business model and strategy,helped us achieve another good yearwith global net sales of$5.8 billion,with four of our regions and
4、 the majority of our individual markets experi-encing year-over-year net sales growth.We are strongly encouraged by this performance and are looking forwardto 2022.In 2021,we repurchased approximately 20.4 million shares for a total of approximately$982.7 million.We willcontinue to keep a sharp focu
5、s on capital allocation and enhancing shareholder value as we look to deploy excesscash to the approximately$1.1 billion remaining on our share repurchase program in the coming years.Our team launched over 400 SKUs last year across our regions,and our products were once again recognizedwhen we were
6、recently named“The Worlds#1 Health Shake1”and“The#1 Brand in Active and LifestyleNutrition2”by Euromonitor International.We also maintained the#1 ranking in four other categories,includingweight management and wellbeing3;and for the fifth consecutive year,we are the worlds top brand in weightmanagem