On November 29, 2023, WW International, Inc. announced that Michael F. Colosi, General Counsel and Secretary of the Company, would be leaving the Company on December 29, 2023. In connection with his departure from the Company, on November 28, 2023, Mr. Colosi entered into an agreement with the Company regarding the termination of his employment. The material terms of the Agreement are as follows: (i) a lump-sum cash payment of $897,657 and (ii) continued employer contributions for health coverage under Company-sponsored health plans during the 12-month period following his departure.

All of Mr. Colosi?s unvested equity awards as of the Departure Date will be forfeited. He will have the right to exercise any of his vested stock options within 90 days of the Departure Date. Mr. Colosi is subject to covenants with respect to non-competition and non-solicitation of employees of the Company for one year following the Departure Date as well as with respect to confidentiality for perpetuity.

In the Agreement, Mr. Colosi released all claims against the Company and all of its affiliates, related entities, predecessors and successors.