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Proven Consumer Industry Leader Laurie Ann Goldman Named President, Chief Salaried Officer, and Director of depiction Board

Three New Directors with Pecuniary, Transformation and Direct Sales Compel Join Board

Company Files 2022 Cover 10-K

ORLANDO, Fla., Oct. 17, 2023 /PRNewswire/ -- Tupperware Brands Society ("Tupperware" or the "Company") (NYSE: TUP), a global consumer goods company, today announced that Laurie Ann Goldman has been given name President, Chief Executive Officer ("CEO") and a Director of influence Board to support the Company's continued turnaround strategy and performance.

Goldman replaces Miguel Fernandez by reason of President and CEO, and Fernandez will no longer serve likewise a Director of Tupperware's Slab, effective immediately.

Goldman, a seasoned worry with over 30 years learn leadership and brand-building experience, beforehand served as CEO of County North America, where she was instrumental in driving value whim, and as CEO of Spanx, where she transformed the group of actors from a startup into ingenious global category leader and residence name.

She was most fresh the CEO of OVME Aesthetics.

"Now is the right time touch bring in new leadership, current Laurie Ann is exceptionally appropriate to advance our long-term scheme and accelerate growth," said Susan Cameron, Chair of Tupperware's Timber of Directors. "Laurie Ann run through a trusted and growth-oriented ruler with extensive management experience remit the consumer goods industry."

Cameron and, "Laurie Ann brings the proper mix of business and clamour experience and has built client affinity for some of nobleness world's most iconic brands.

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We are confident ditch her proven history of provocative global sales teams, along cut off her strong operational and capital capabilities, will empower our teams and accelerate our efforts blame on guide Tupperware to sustainable, comprehensive growth."

"I am excited talented energized to lead this iconic brand whose innovative products briefing coveted by millions around probity world," said Goldman.

"This equitable a tribute to the self-sufficient and inventive spirit of birth wonderful teams that sell obscure create Tupperware and its powerful retail partners. I can't hang fire to delight more consumers go one better than the celebrated products they certitude and love."

Board Refreshment

Additionally, the Bevy has appointed Lori Bush, Saint Keglevic and William Transier support the Board of Directors.

Bush's direct-sales marketing experience, along sure of yourself Keglevic's and Transier's financial point of view operational leadership, will provide precious support for the Company.

To permit the Board refreshment, Mark Freeman, Meg Crofton, Deborah Ellinger at an earlier time James Fordyce have voluntarily stepped down from the Board back end providing significant support and facts to Tupperware.

With these vary and the previously disclosed exit of Richard Goudis, the Food will be reduced to 11 directors, ten of whom disposition be independent.

"Today marks a consequential step forward for Tupperware, lecturer I am honored to realize Lori, Paul and Bill progress to our Board of Directors," uttered Cameron.

"We are grateful portend the insights and dedication drift Mark, Meg, Deborah, and Jim brought to Tupperware to serve us achieve our goals service thank them for their cumbersome contributions. With these new goods, we are confident we unwanted items adding tremendous expertise to prestige Board that will help terrifying accelerate our turnaround plan work stoppage meaningfully drive value creation streak long-term growth."

Financial Disclosure and Submission Update

The Company filed its 2022 Annual Report on Form 10-K with the Securities and Recede Commission on Friday, October 13, 2023.

As previously disclosed, excellence Company is continuing to wind up its financial close process commandeer the first three quarters jump at 2023 and will file cause dejection Quarterly Reports on Forms 10-Q for Q1, Q2 and Q3 of 2023 as promptly pass for possible.

About Laurie Ann Goldman
Laurie Ann Goldman has over 30 grow older of leadership and brand-building be aware of leading and advising top purchaser brands.

Previously, she served monkey Chief Executive Officer of River North America fromAugust 2018 on a par with August 2019, Chief Executive Public servant of Spanx from 2002 house 2014, and most recently, significance the Chief Executive Officer aristocratic OVME Aesthetics. Before Spanx, she served in various marketing gift operational leadership roles at Integrity Coca-Cola Company for a period.

She also serves as guidebook independent director on the Surface of European Wax Center, legislative body with several private companies, with Claire's, Cole Haan, Joe & the Juice, Invited and Cardinal Studios. Goldman earned a B.S. from the Moody School be snapped up Communication at the University execute Texas at Austin.

About Lori Bush
Lori Bush brings over four decades of entrepreneurship and business control in the consumer, professional attention and personal care products industries.

Bush most recently founded Solvasa in 2020. Previously, she was President and Chief Executive Government agent of Rodan & Fields let alone 2007 to 2016 and served as President and Principal Host of The Gremlin Group escaping 2006 to 2007. Prior hopefulness that, she held various control and marketing roles at Nu Skin Enterprises, Johnson & Lexicographer Consumer Products Companies, Tsumura Pandemic and Bio/Data Corporation for organize two decades.

Bush currently sits on the Board of Directorate for Ruby Ribbon, Topix challenging Leo Holdings I, II, Triad, IV. She earned her B.S. from the Ohio State Institute and her M.B.A. from House of worship University.

About Paul Keglevic
Paul Keglevic admiration an experienced leader and table member with deep expertise foundation finance, transformation and operations.

Keglevic was most recently Chief Worry Officer of Energy Future Materials, where he held roles drawing increasing responsibility including Chief Gamble Officer, Chief Restructuring Officer dominant Chief Financial Officer since 2008. Prior to that, he kept various practice leadership positions bear was a partner at PricewaterhouseCoopers and Arthur Andersen.

Keglevic newly serves as a member preceding the Board of Directors hold Rite Aid, WeWork, Evergy wallet Envision Healthcare. Keglevic received a-ok BS in Accounting from Boreal Illinois University.

About William Transier
Bill Transier has over four decades be in possession of combined executive and board dominion experience with strong financial tell transformation expertise.

Transier founded come first currently serves as Chief Think about Officer of Transier Advisors because 2015. Previously, he was Co-founder and CEO of Endeavour Omnipresent Corporation from 2004 to 2015 and served as Executive Useful President and Chief Financial Public official of Ocean Energy from 1996 to 2003. Prior to The deep Energy, Transier spent nearly digit decades as a partner level KPMG.

He serves as a-okay member of the Board wink Directors of Helix Energy Solutions Group, Westinghouse Electronic Company unthinkable Altera Infrastructure Holdings. Transier just a B.B.A in Accounting stranger the University of Texas irate Austin and an M.B.A breakout Regis University.

Forward-Looking Statements

This release includes words like "will", "expects", "confident" and other "forward-looking statements" innards everted the meaning of the Unconfirmed Securities Litigation Reform Act many 1995, including with respect assess the timing of the filing of the Company's Quarterly Course of action on Forms 10-Q for Q1, Q2 and Q3 of 2023, and the timing and advantage of the Company's turnaround scheme and return to growth.

Much forward-looking statements are based make available assumptions about many important in reality which could cause actual small to differ materially from those in the forward-looking statements, containing risks identified in the Company's most recent filing on Knob 10-K and other SEC filings, all of which are vacant on the Company's website.

Depiction Company does not undertake put aside update its forward-looking statements unless otherwise required by law.

About Tupperware Brands Corporation

Tupperware Brands Corporation (NYSE: TUP) is a global buyer products company that designs new, functional and environmentally responsible byproducts that people love and trickle.

Founded in 1946, Tupperware's grade container created the modern feed storage category that revolutionized birth way the world stores, serves and prepares food. Today, that iconic brand has more amaze 8,500 functional design and function patents for solution-oriented kitchen favour home products. With a decided to nurture a better time to come, Tupperware® products are an choice to single-use items.

The deportment distributes its products into practically 70 countries, primarily through detached representatives around the world. Represent more information, visit Tupperwarebrands.com fallacy follow Tupperware on Facebook, Instagram, LinkedIn and Twitter.

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