Mannatech announces the results of the annual general meeting of shareholders

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LAND OF FLOWERS, Texas – (COMMERCIAL THREAD) –Mannatech, Incorporated (Nasdaq: MTEX) (“Mannatech”), a global health and wellness company committed to transforming lives to create a better world, announced that its shareholders have adopted all of the proposals put to a vote at the annual meeting of shareholders of Mannatech (the “Meeting”) held on Tuesday, June 15. , 2021.

Mannatech Chairman of the Board of Directors J. Stanley Fredrick chaired the meeting and David Johnson, Mannatech CFO, addressed shareholders by sharing the company’s financial results for 2020 and the first quarter of 2021.

As of April 16, 2021, there were 2,063,280 Mannatech common shares outstanding and 1,450,658 shares, or approximately 70.3% represented at the Meeting, either in person or by proxy.

The following questions were submitted and voted on in the Assembly:

1. Mannatech shareholders voted on the election of two persons to the board of directors as class I directors to serve until 2024, as set out below:

Last name

Number of shares

For

Number of shares

Retained

Broker

Non-votes

Larry A. Jobe

870,161

141,699

438,798

Kevin robbins

992 713

19,147

438,798

2. Mannatech shareholders have voted to ratify the appointment of BDO USA, LLP as an independent registered accounting firm for the year ended December 31, 2021, as set out below:

Number of shares

For

Number of shares

Against

Number of shares

Abstain

Broker without voting rights

1,410,565

40,063

30

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3. Mannatech shareholders have approved, in an advisory capacity, the compensation of the Named Executive Officers of Mannatech as set out below:

Number of shares

For

Number of shares

Against

Number of shares

Abstain

Broker

Non-votes

972,425

37 178

2 257

438,798

To start improving your life and the lives of those around you, please visit Mannatech.com.

About Mannatech

Mannatech, Incorporated, is committed to transforming lives through the development, marketing and sale of proprietary, high-quality nutritional supplements, topical and skin care and anti-aging products, and weight management products. distributed through its global network of independent associates and members. The company has been operating for over 25 years of experience with operations in 25 markets ^. For more information visit Mannatech.com.

^Mannatech operates in China as part of a cross-border e-commerce platform separate from its network marketing model.

Please Note: This press release contains “forward-looking statements”. These forward-looking statements can generally be identified by the use of phrases or terms such as “may”, “will”, “should”, “hopes”, “could”, “could”, “expects”, “Foresees”, intends to “,” anticipates “,” believes “,” estimates “,” estimates “,” predicts “,” projects “,” potential “and” continues “or other similar words or the negative of such terminology. Likewise, the descriptions of Mannatech’s objectives, strategies, plans, goals or targets contained herein are also considered to be forward-looking statements. Mannatech believes that this press release should be read in conjunction with all of its documents filed with the SEC and cautions its readers that such forward-looking statements are subject to certain events, risks, uncertainties and other factors. Some of these factors include, among others, Mannatech’s ability to complete the early take-over bid on time or not at all, the price at which the common shares of the Company may be traded on the Nasdaq, which may be higher or lower than the purchase price. in the early takeover bid, uncertainty as to the number of shares purchased under the takeover bid, impact of the novel coronavirus (“COVID-19”) epidemic, Mannatech’s inability to attract and retain associates and members, increasing competition, litigation, regulatory changes and its expected growth into new international markets. While Mannatech believes that the expectations, statements and assumptions reflected in these forward-looking statements are reasonable, it cautions readers to always carefully consider all risk factors and any other caveats when evaluating each forward-looking statement in this press release, as well as those set out in its latest Annual Report on Form 10-K and Quarterly Report on Form 10-Q, and other documents filed with the SEC, including its current reports on Form 8-K. All forward-looking statements contained in this document speak only as of the date of this press release.

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