Tupperware Securities Litigation

You or someone in your family may have purchased or otherwise acquired Tupperware common stock between May 5, 2021, and May 4, 2022, both dates inclusive (the “Settlement Class Period”).

The Court directed that the Notice be sent to Class Members because they have a right to know about the proposed Settlement of this class action lawsuit, and about all of their options, before the Court decides whether to approve the Settlement. If the Court approves the Settlement, and after objections and appeals are resolved, an administrator appointed by the Court will make the payments that the Settlement allows.

The Notice explains the lawsuit, the Settlement, Class Members’ legal rights, what benefits are available, who is eligible for them, and how to get them.

In a class action, one or more persons or entities (in this case, Lead Plaintiff), sue on behalf of people and entities who have similar claims. Together, these people and entities are a “class”, and each is a “class member”. Class actions allow the adjudication of many individuals’ similar claims that might be too small economically to bring as individual actions. One court resolves the issues for all class members at the same time, except for those who exclude themselves, or “opt out,” from the class.

The Court did not finally decide in favor of Plaintiffs or Defendants. Instead, both sides agreed to a settlement. That way, they avoid the risks and cost of a trial. Plaintiffs and their attorneys think the Settlement is in the best interest of the Settlement Class.

The Court directed, for the purposes of the proposed Settlement, that everyone who fits this description is a Class Member and subject to the Settlement unless they are an excluded person or take steps to exclude themselves from the Settlement Class:

The Settlement Class includes all persons or entities, except those who are excluded as described below, who purchased or otherwise acquired Tupperware common stock between May 5, 2021 and May 4, 2022, both dates inclusive (the “Settlement Class Period”).

If one of your mutual funds owns Tupperware common stock, that alone does not make you a Settlement Class Member. Also, if you sold Tupperware common stock during the Settlement Class Period, that alone does not make you a Settlement Class Member. You are a Settlement Class Member only if you directly purchased or otherwise acquired Tupperware common stock. Contact your broker to see if you have made any of these transactions.

If you are still not sure whether you are included, you can ask for free help. You can call (888) 835-6412 for more information. Or you can fill out and return the Claim Form, or submit it online, to see if you qualify.

Yes. Excluded from the Settlement Class are (i) Settling Defendants; (ii) members of the immediate families of the Settling Defendants; (iii) the subsidiaries and affiliates of Settling Defendants; (iv) any person who is an officer, director or controlling person of Tupperware; (v) any entity in which any Settling Defendant has a controlling interest; (vi) Settling Defendants’ directors’ and officers’ liability insurance carriers, and any affiliates or subsidiaries thereof; (vii) the legal representatives, heirs, successors or assigns of any such excluded party; and (viii). Also excluded from the Settlement Class will be any person or entity who or which timely opts out (i.e., those Persons who timely and validly request exclusion from the Settlement Class in accordance with the requirements set forth below).

The proposed Settlement provides that Defendants will cause $21,750,000 to be paid into a settlement fund (the “Settlement Fund”). The Settlement is subject to Court approval. Also, subject to the Court’s approval, a portion of the Settlement Fund will be used to pay attorneys’ fees with interest and reasonable litigation expenses to Plaintiffs’ Counsel, and Compensatory Awards to Plaintiffs. A portion of the Settlement Fund also will be used to pay taxes due on interest earned by the Settlement Fund, if necessary, and the costs of the claims administration, including the costs of printing and mailing the Notice and the costs of publishing notice. After the foregoing deductions from the Settlement Fund have been made, the amount remaining (the “Net Settlement Fund”) will be distributed to Settlement Class Members who submit timely, valid claims, according to the Plan of Allocation to be approved by the Court.

At this time, it is not possible to make any determination as to how much any individual Class Member may receive from the Settlement.

Your share of the Net Settlement Fund will depend on several factors, including: (i) how many shares of Tupperware common stock you purchased or sold during the Settlement Class Period, and the dates and prices of those purchases and sales; (ii) the number of timely and valid claims submitted by other Settlement Class Members, and the purchases and sales of Tupperware common stock represented by those claims; (iii) the amount of administrative costs, including the costs of notice; and (iv) the amount awarded by the Court to Lead Counsel for attorneys’ fees, costs, and expenses and the amount awarded to Lead Plaintiffs.

The Claims Administrator will determine each Settlement Class Member’s pro rata share of the Net Settlement Fund based upon each Settlement Class Member’s “Recognized Loss.” The Recognized Loss formula is the basis upon which the Net Settlement Fund will be proportionately allocated to the Settlement Class Members with valid claims (“Authorized Claimants”). The Recognized Loss formula is not intended to be an estimate of the amount that a Settlement Class Member might have been able to recover after a trial; it also is not an estimate of the amount that will be paid to Authorized Claimants pursuant to the Settlement. You can calculate your Recognized Loss by following the instructions in the Plan of Allocation on page 12 of the Notice.

It is unlikely that you will get a payment for all of your Recognized Loss. After all Settlement Class Members have sent in their Proof of Claim forms, the payment you get will be a part of the Net Settlement Fund equal to your Recognized Loss divided by the total of everyone’s Recognized Losses.

To qualify for a payment from the Net Settlement Fund, you must submit a timely and valid Claim Form. The Claim Form is enclosed with the Notice. You can also download a copy of the Claim Form from this website here.

Please read the instructions contained in the Claim Form carefully, fill out the Claim Form, include all the documents the form requests, sign it, and mail it to the mailing address below or submit it online here. Claim Forms must be postmarked or received online no later than November 28, 2025.

Mailing address for Claim Forms:

Tupperware Brands Corporation Securities Litigation,
c/o Epiq Class Action & Claims Solutions, Inc.
P.O. Box 2960
Portland, OR 97208-2960

It is not possible at this time to determine when the Settlement proceeds will be distributed to eligible Class Members. The Court will hold a Settlement Hearing on December 18, 2025, either in-person or telephonically, to decide, among other things, whether to finally approve the Settlement. Even if the Court approves the Settlement, there may be appeals which can take time to resolve, perhaps more than a year. It also takes a long time for all the Claim Forms to be accurately reviewed and processed. Please be patient.

Unless you exclude yourself, you will remain in the Settlement Class, which means that upon the “Effective Date” of the Settlement, you will release all “Released Plaintiff’s Claims” against the “Released Defendant Parties.” For additional information and a definition of these terms, please review Question 12 of the Notice.

To exclude yourself from the Settlement, you must mail a letter stating that “[Your Name] requests to be excluded from the Settlement Class in Edge v. Tupperware Brands Corporation et al., No. 6:22-cv-1518-RBD-LHP (M.D. Fla.).” To be valid, the letter must state (A) your name, address, telephone number, and email address (if any); (B) the date, number of shares, and dollar amount of all purchases, acquisitions, sales, or dispositions of Tupperware common stock during the Settlement Class Period; and (C) the number of shares of Tupperware common stock held by you as of May 4, 2022. In order to be valid, such request for exclusion must be submitted with documentary proof (i) of each purchase or acquisition and, if applicable, sale or disposition transaction of Tupperware common stock during the Settlement Class Period and (ii) demonstrating the Person’s status as a beneficial owner of the Tupperware common stock. Any request for exclusion must be signed and submitted by you, as the beneficial owner, under penalty of perjury. You must submit your exclusion request so that it is received no later than November 28, 2025 at

Tupperware Brands Corporation Securities Litigation
c/o Epiq Class Action & Claims Solutions, Inc.
P.O. Box 2960
Portland, OR 97208-2960

You cannot exclude yourself by telephone or by email. If you properly exclude yourself, you will not receive a payment from the Net Settlement Fund, you cannot object to the Settlement, and you will not be legally bound by the judgment in this case.

No. Unless you properly exclude yourself, you will give up any rights to sue Defendants and the other Released Defendant Parties for any and all Released Plaintiff’s Claims. If you have a pending lawsuit against any of the Released Defendant Parties, speak to your lawyer in that case immediately. You must exclude yourself from this Settlement Class to continue your own lawsuit. Remember, the exclusion deadline is November 28, 2025.

No, only Class Members are eligible to recover money from the Settlement.

However, you may revoke your exclusion by submitting a written revocation of your request for exclusion up until December 16, 2025 (two (2) days before the Final Approval Hearing) and receive payments pursuant to the Settlement provided that you also submit a valid, timely Proof of Claim, as set forth in FAQ 8, above.

The Court has appointed Pomerantz LLP and Levi & Korsinsky, LLP as Lead Counsel to represent you and the other Settlement Class Members. If you want to be represented by your own lawyer, you may hire one at your own expense.

Lead Counsel have expended considerable time litigating this Action on a contingent fee basis and have paid for the expenses of the case themselves. They have not been paid attorneys’ fees or reimbursed for their expenses in advance of this Settlement. Lead Counsel have done so with the expectation that, if they are successful in recovering money for the Settlement Class, they will receive attorneys’ fees and be reimbursed for their litigation expenses from the Settlement Fund, as is customary in this type of litigation. Lead Counsel will not receive attorneys’ fees or be reimbursed for their litigation expenses except from the Settlement Fund. Therefore, Lead Counsel will file a motion at the Final Approval Hearing asking the Court for an award of attorneys’ fees in an amount not greater than one-third of the Settlement Fund, equaling $7,264,500 plus interest. Lead Counsel has agreed to share the awarded attorneys’ fees with other Plaintiffs’ Counsel. Lead Counsel will also seek reimbursement of litigation expenses of no more than $700,000 and a Compensatory Award to Plaintiffs collectively not to exceed $50,000. The Court may award less than these amounts. Any amounts awarded by the Court will come out of the Settlement Fund.

If you are a Settlement Class Member, you can tell the Court you do not agree with the proposed Settlement, any part of the Settlement, the proposed Plan of Allocation, and/or Lead Counsel’s motion for attorneys’ fees and expenses and application for a Compensatory Award to Plaintiffs. You can write to the Court setting out your objection. The Court will consider your views.

To object, you must send a signed letter saying that you object to the proposed Settlement in Edge v. Tupperware Brands Corporation et al., No. 6:22-cv-1518-RBD-LHP (M.D. Fla.) (M.D. Fl.). Be sure to include: (1) your name, address, telephone number, and signature; (2) the date(s), price(s), and amount(s) of all Tupperware common stock that you purchased, otherwise acquired, sold, or otherwise disposed of during the Settlement Class Period, and documentation sufficient to establish the foregoing, in order to show membership in the Settlement Class; (3) all grounds for the objection, including any legal support known to you or your counsel; (4) the name, address and telephone number of all counsel, if any, who represent you, including your former or current counsel who may be entitled to compensation in connection with the objection; and (5) the number of times you and/or your counsel has filed an objection to a class action settlement in the last five years, the nature of each such objection in each case, the jurisdiction in each case, and the name of the issuer of the security or seller of the product or service at issue in each case.

Attendance at the Final Approval Hearing is not necessary. Objectors wishing to be heard orally at the Final Approval Hearing must indicate in their written objection that they that you “intend to appear in Edge v. Tupperware Brands Corporation et al., No. 6:22-cv-1518-RBD-LHP (M.D. Fla.)” and identify any witnesses they may call to testify or exhibits they intend to introduce into evidence at the Final Approval Hearing.

Objecting is telling the Court that you do not like something about the proposed Settlement, Plan of Allocation, or Lead Counsel’s Fee and Expense Application. You can still recover money from the Settlement. You can object only if you stay in the Settlement Class. Excluding yourself is telling the Court that you do not want to be part of the Settlement Class. If you exclude yourself from the Settlement Class, you have no basis to object because the Settlement and the Action no longer affect you.

The Court will hold a Final Approval Hearing on December 18, 2025 the United States District Court, 401 West Central Boulevard, Courtroom 5D, Orlando, Florida 32801.

At this hearing, the Court will consider whether the proposed Settlement is fair, reasonable, and adequate and should be approved by the Court; whether a Final Judgment as provided in the Settlement Stipulation should be entered; and whether the proposed Plan of Allocation should be approved. If there are objections, the Court will consider them, and the Court will listen to people who have asked to speak at the hearing. The Court may also decide how much should be awarded to Lead Counsel for attorneys’ fees and expenses and a Compensatory Award to Plaintiffs for their service to the Settlement Class.

We do not know how long these decisions will take. You should be aware that the Court may change the date and time of the Final Approval Hearing without another notice being sent to Settlement Class Members. If you want to attend the hearing, you should check with Lead Counsel beforehand to be sure that the date and/or time has not changed.

No. Lead Counsel will answer any questions the Court may have. However, you are welcome to attend at your own expense. If you send an objection, you do not have to come to Court to talk about it. As long as you mail your written objection on time, the Court will consider it. You may also pay your own lawyer to attend, but it is not necessary. Settlement Class Members do not need to appear at the hearing or take any other action to indicate their approval.

If you object to the Settlement, you may ask the Court for permission to speak at the Final Approval Hearing. To do so, you must include with your objection (see FAQ 16 above) a statement that you “intend to appear in Edge v. Tupperware Brands Corporation et al., No. 6:22-cv-1518-RBD-LHP (M.D. Fla.).” Persons who intend to object to the Settlement, the Plan of Allocation, and/or the application for an award of attorneys’ fees, costs, and expenses, and desire to present evidence at the Final Approval Hearing, must include in their written objections the identity of any witnesses they may call to testify and exhibits they intend to introduce into evidence at the Final Approval Hearing. You cannot speak at the hearing if you exclude yourself.

If you do nothing, you will not receive a payment from the Settlement. However, unless you exclude yourself, you will not be able to start a lawsuit, continue with a lawsuit, or be part of any other lawsuit against Settling Defendants or the Released Parties about the Released Claims (as defined in the Settlement Stipulation) ever again.

The Settlement Amount, and any interest it earns, is called the “Settlement Fund.” The Settlement Fund, after deduction of Court-approved attorneys’ fees and expenses, Notice and Administration Expenses, Taxes, and any other fees or expenses approved by the Court is the “Net Settlement Fund.” The Net Settlement Fund will be distributed according to the Plan of Allocation (described in the Notice) to members of the Settlement Class who timely submit valid Claim Forms that show a Recognized Claim according to the Plan of Allocation approved by the Court.

Class Members who do not timely submit valid Claim Forms will not share in the Net Settlement Fund but will otherwise be bound by the terms of the Settlement and what happens in the Action. The Court may approve the Plan of Allocation or modify it without additional notice to the Settlement Class.

The Plan of Allocation starts on page 12 of the Notice, found here.

As of the time period from May 5, 2021, through May 4, 2022, the CUSIP for Tupperware Brands common stock was 899896104.