On August 24, 2023, the Board of Tupperware Brands Corporation expanded the size of the Board to 13 directors and elected Paul Aronzon to serve as a director, with both actions effective August 25, 2023. The Board determined that Mr. Aronzon satisfies the requirements of the New York Stock Exchange and the criteria of the Board to constitute an ?independent? director.

There were no arrangements or understandings pursuant to which Mr. Aronzon was selected, other than with the approval of the Company?s lenders. Further, there are no relationships or related transactions between the Company and Mr. Aronzon of the type required to be disclosed under applicable SEC rules. Mr. Aronzon will serve as Chair of the Transformation Committee and a member of the Audit & Finance Committee of the Board.

He will receive a monthly fee of $37,500 as compensation for his Board service. The Company also appointed current independent director Richard T. Riley to serve on the Transformation Committee, effective August 25, 2023. Mr. Riley will receive the same compensation as Mr. Aronzon, in addition to his current Audit & Finance Committee Chair fee of $25,000 annually, effective beginning September 1, 2023.

This compensatory arrangement for Mr. Riley will replace the standard compensation program for non-employee directors described in the Company?s Definitive Proxy Statement filed with the SEC on March 22, 2022 for the duration of Mr. Riley?s service on the Transformation Committee.