2024 Platinum Elite Program

The 2024 Platinum Elite Program (“Program”) is intended to promote long-term, sustainable growth through sales to consumers. This program is governed by the following rules (“Qualification Rules”). These Qualification Rules apply to all of our markets except for our Mainland China business, which does not participate in Nu Skin’s Global Sales Performance Plan and operates under a different business model.

QUALIFICATION RULES
Qualification Period: January 1, 2024–December 31, 2024

*For the purposes of these Qualification Rules, Organizational Sales Volume is the sum of the monthly Sales Volume from your Consumer Group, the Consumer Groups of your G1–G6 Brand Representatives, the G6 of your Business Builder Position, and the G6 of your Presidential Director Business Builder Position, for each month in 2024. Annual Organizational Sales Volume is calculated by summing the Organizational Sales Volume for the 12 calendar months of 2024. Important: For all Organizational Sales growth requirements, as well as all share determination requirements, you may count a maximum of 1,000,000 Organizational Sales Volume growth from each of your Leadership Teams (you can receive a maximum of 10 shares from each of your Leadership Team).

**Nu Skin core quarterly revenue is defined as revenue from the company’s Nu Skin segments, as determined under generally accepted accounting principles in the United States of America. It excludes revenue from Rhyz entities. Bonus Pool increases will be assessed on a per-quarter basis only and are not dependent on nor necessarily additive to any other quarterly results. If the USD$440,000,000 core quarterly revenue is not achieved for one or more of the quarters, but the average revenue across Q2，Q3 and Q4 2024 is at least USD$440,000,000, the Platinum Powershot Pool amount for the missed quarter(s) will be granted. Quarterly Powershot Pool achievements will be announced after Nu Skin’s quarterly earnings are released.

†A First-Time G1 Brand Representative is a Brand Affiliate in your Consumer Group who qualifies as a Brand Representative (and maintains their first full month as a paid Brand Representative with at least 2,000 Consumer Group Sales Volume) for the first time since signing up with the Company and is on your G1. Credit will be given to the quarter of the Brand Representative Promotion Date.

TERMS AND CONDITIONS

You acknowledge and agree that your participation in the Platinum Elite Program constitutes your full and unconditional agreement to and acceptance of the Qualification Rules, including these terms and conditions.

1.      Any Brand Affiliate in good standing is eligible to attempt to qualify under this Platinum Elite Program. Any Brand Affiliate who violates the terms and conditions of their Brand Affiliate Agreement, the Policies and Procedures, the Nu Skin Sales Performance Plan, (collectively, the “Governing Documents”), or these Qualification Rules may be deemed ineligible. Eligibility for all Platinum Elite benefits is based on meeting all requirements of the Governing Documents, including all monthly customer sales requirements. As a condition to participate in any trip or benefit, you must agree to be bound by the Governing Documents, as in effect.

2.      Only those Brand Affiliates that achieve the qualification requirements as set forth in these Qualification Rules (the “Participants”) will be eligible to receive the indicated benefits. The Company reserves the right to audit and assess the validity of a Participant’s Brand Affiliate Account and their related sales volume. Any Participant’s Brand Affiliate Account that was established in violation of the requirements set forth in the Governing Documents will be considered invalid and may result in disciplinary action. It is strictly prohibited for Brand Affiliates to use false identification numbers, false names, or false accounts; to buy additional product to maintain or achieve a title; to use any other form of manipulation that violates applicable legal provisions, the terms and conditions of the Governing Documents, or their spirit and intent; or to encourage others to perform any prohibited action.

3.      The Company reserves the right to (i) modify or terminate the Platinum Elite Program or (ii) modify the Qualification Rules at any time, at the Company’s sole discretion.

4.      In the event the Company determines that any violation of the Governing Documents or Qualification Rules has occurred, the Company may, at its discretion, deny recognition or benefits (or recoup already provided benefits), take any actions provided under the Governing Documents and applicable laws, and seek to recover any expenditures or other costs associated with the Platinum Elite benefits, or any other costs incurred by the Company as a result of the violation, including withholding future sales compensation.

5.      Any Leadership Teams under your Business Builder Position and Presidential Director Business Builder Position will count as your Leadership Teams.

6.      The meaning of capitalized terms not defined in these Qualification Rules may be found in your Governing Documents. For the purposes of these Qualification Rules, “Company” refers to Nu Skin International, Inc., and its affiliates.

7.      The Company also reserves the right to modify any of the benefits outlined or substitute other benefits for those identified at any time and in its sole discretion.

8.      You cannot transfer or sell any part of the qualification for participation, and you agree to indemnify, defend, and hold harmless the Company, its agents, officers, directors, and employees from any and all third-party claims, actions, losses, damages, liabilities, judgments, grants, costs and expenses (including attorneys’ fees) arising from any breach of the Terms and Conditions, the Governing Documents, or the Qualification Rules.

9.      In the event that Nu Skin determines, in its sole discretion, that it is not practical to proceed with the Team Elite Trip for any reason (including, without limitation, pandemics, travel restrictions, safety concerns, weather conditions or any other condition or event), Nu Skin may cancel the trip. In such event, Nu Skin shall have no liability to you for such cancellation. Nu Skin shall not be liable, and will not reimburse, any costs or expenses or liabilities incurred by you in connection with the planned trip, including any cancellation fees, travel costs, etc. Nu Skin’s only obligation will be to use its best efforts to offer a replacement gift or trip, which shall not exceed the estimated per Participant cost of the original trip, minus any event planning costs, cancellation fees, taxes, and other expenses incurred in connection with the planned original trip or its cancellation.

10.    You can only qualify as a Platinum Elite using Velocity Title Determination. Exceptions may be approved by the company in its sole discretion.

11.   If there is any conflict or inconsistency between the English version and Chinese translation version, the English version shall prevail.