Q1 2014 Earnings Call

April 23, 2014

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We are making some forward looking statements today that use words like “outlook” or “target” or similar predictive words. Such forward looking statements involve risks and uncertainties detailed in our recent periodic reports as filed in accordance with the Securities and Exchange Act of 1934. These risks and uncertainties may cause actual results to differ materially from our statements today.

www.tupperwarebrands.com

Forward Looking Statements

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1Q Sales +7% local currency

1Q Adjusted EPS of $1.31, up 11% and 24% in local currency

Strong sales across emerging markets • Emerging markets +14% (64% of sales)

• Challenges in some established markets, -4% (36% of sales)

Total Sales Force count up 6% year over year

Returned $43M to shareholders in $33M dividends and $10M/130K open market share repurchases

Highlights

Q1 Global Portfolio

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Europe, 32%

Asia Pacific, 30%

TW North America, 12%

Beauty North America, 11%

South America, 15%

Q1 2014 Segment Sales as % of Total Q1 2014 Sales, +7% Local Currency

$213.3 $199.0

$81.5 $73.5

$95.9

$-

$50.0

$100.0

$150.0

$200.0

$250.0

EUROPE ASIA-PAC TW NORTHAMERICA

BEAUTY NA SOUTHAMERICA

Q1-2012 Q1-2013 Q1-2014

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Sales Force Size

1%

3%

0%

4%

6%

0%

1%

2%

3%

4%

5%

6%

7%

Q1-2013 Q2-2013 Q3-2013 Q4-2013 Q1-2014

Increased Local Currency Sales Despite Lower Active Sales Force

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Q1 2014

-3%

-2%

-1%

0%

1%

2%

3%

4%

5%

6%

7%

8%

Decrease inActive Sales

Force

Mix Productivity Sales Increase inLocal Currency

+3pp +7%

-2%

+6pp

+6 points from mix –

Toward China, Indonesia, Tup Japan & Venezuela

Away From Fuller Mexico, Argentina, CIS & India

+3 points productivity –

Price increases in S. America and higher price points in China

Q1 Total Company Sales +7% LC

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Brazil +23%

Indonesia +25%

Venezuela 144% Malaysia/

Singapore -4%

Turkey +19%

India -14%

TW Mexico +12%

China +29%

Established Markets 36% of Q1 2014 Sales

-4% vs. 2013

Emerging Markets 64% of Q1 2014 Sales

+14% vs. 2013

Germany -3% France

-6%

TW S. Africa +13%

TW U.S./Canada -8%

BeautiControl -17%

Fuller Mexico -9%

Argentina +38%

Japan +11%

CIS -18%

Financial Highlights

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Q1 Earnings Per Share* vs. High-end Guidance

$1.18 $0.02

$0.07 $1.27 $0.04

$1.31

$0.90

$1.00

$1.10

$1.20

$1.30

$1.40

$1.50

Q1 2014 HighEnd Diluted

EPS Guidance

Favorable FX VenezuelaSales/ROS

Upside

Diluted EPSAfter FX &Venezuela

Upside

Higher ROS inEurope & Asia

Q1 2014Diluted EPS

Actual

$0.13 above high-end guidance

* Excluding items, GAAP provided in Appendix

Q1 Earnings Per Share Roll-Forward*

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*See information on GAAP basis in appendix.

(diluted)

$1.18 ($0.12)

$1.06 ($0.05)

($0.02)

$0.20 $0.03

$0.09 $1.31

$0.90

$1.00

$1.10

$1.20

$1.30

$1.40

$1.50

2013 FX 2013 at2014 Rates

Int Exp Tax Ops Unalloc. Share Imp. 2014

11% Increase

24% Increase

Return On Sales*

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Q1 Guidance

Q1 Actual

2013 Pretax ROS 12.8% 12.8%

Translation FX (70) bp (60) bp

2013 Pretax ROS (constant currency) 12.1% 12.2%

LC Operating Margin Improvement 43 bp 170 bp

Net interest expense (26) (50)

Other, rounding 3 10

2014 Pretax ROS 12.3% 13.5%

* Excluding items. See GAAP information in the appendix.

Uses of Cash

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Quarterly Dividends Declared 10% increase

$2.72 per share annualized

$135M

Open Market Share Repurchases

$185M in 2014

Invest in the Business

Full Year 2014

Cash Returned to Shareholders > $6.00*

*2014 Guidance provided in April 23, 2014 earning release. Based on full year diluted shares.

No Change from Prior Guidance

Outlook*

Q2 2014 Full-year 2014

USD Sales* -1 to 1% 0 to 2%

GAAP EPS $1.24 - $1.29 $4.97 – $5.12

GAAP Pre-tax ROS 12.7 – 12.9% 12.8 – 12.9%

Local Currency Sales +5 to 7% +5 to 7%

EPS, excluding items** $1.44 - $1.49 $5.66 - $5.81

Pre-tax ROS, excluding items 14.4 – 14.6% 14.3 – 14.4%

FX Impact on EPS comparison, excluding items

($0.13) ($0.38)

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*Venezuelan operating activity at 6.3 bolivars/$ for Quarter 1 and 10.8 bolivars/$ for Quarters 2-4

**GAAP to non-GAAP reconciliation attached to 1Q earnings release

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Current 2014 Full Year Guidance vs. January 2014 Full Year Guidance*

$5.66

$0.13

$0.04 ($0.02)

$5.81

$5.50

$5.60

$5.70

$5.80

$5.90

$6.00

$6.10

$6.20

High EndJanuary

Guidance

Above HighEnd Q1Results

Better FXQ2 - Q4

MoreShares v.January

High EndApril

Guidance

EPS Change

Increase of $0.15 from previous high-end guidance

FX Impact

January Guidance ($0.44) Weaker Venezuelan bolivar in Q2-Q4 2014 (0.12) Favorable movements from other countries 0.18 0.06 April Guidance ($0.38)

*Venezuelan operating activity at 6.3 bolivars/$ for Quarter 1 and 10.8 bolivars/$ for Quarters 2-4 **Excluding items, GAAP to non-GAAP reconciliations attached to fourth quarter 2013 and first quarter 2014 earnings releases

Full Year 2014 EPS* Outlook

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$5.43 ($0.38)

($0.12)

($0.08) $0.04

$0.68

$0.24

$5.81

$4.50

$4.70

$4.90

$5.10

$5.30

$5.50

$5.70

$5.90

$6.10

2013 FX 2013 at2014 Rates

Int Exp Tax Unalloc Ops Share Imp. 2014

*High end of 2014 outlook range excluding items, GAAP to non-GAAP reconciliation attached to earnings release

$5.05

7% Increase

15% Increase

Return On Sales*

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Second Quarter

Guidance

January Full Year Guidance

Current Full Year Guidance

2013 Pretax ROS 15.0% 14.1% 14.1%

Translation FX (60) bp (48) bp (42) bp

2013 Pretax ROS (constant currency) 14.4% 13.6% 13.7%

LC Operating Margin Improvement 35 bp 50 bp 90 bp

Net interest expense (25) (9) (31)

Other, rounding 9 7 13

2014 Pretax ROS (high end guidance)

14.6% 14.1% 14.4%

*Venezuelan operating activity at 6.3 bolivars/$ for Quarter 1 and 10.8 bolivars/$ for Quarters 2-4.

**GAAP to non-GAAP reconciliations attached to 1Q 2014 earnings release

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Tupperware Brands Supply Chain

Keith Haggerty, Vice President,

Supply Chain Americas

Tupperware Brands Supply Chain

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Sixteen Internal Manufacturing Facilities

• 13 Tupperware and 3 Beauty

• 60% of Product Needs

Tupperware Brands Supply Chain

Sixteen Internal Manufacturing Facilities

60% of Product Needs

Third Party Supplied 40% of Product Needs

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One Injection

Mold Maker

Supply Chain - Opportunities

• Support Global Expansion through optimizing the mix of Internal and External production with third party suppliers

• Meet or Exceed Rising Customer Expectations

– Quality

– Cost

– Distribution

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Q & A

Appendix

* As of April 23, 2014.

Double Digit EPS Growth driven by:

• Local Currency Sales: +6% to 8% • Emerging markets about 10%

• Established markets low single digit

• Pre-Tax ROS, excluding items: 50 bps

improvement per year into the mid- to high-teens

• Some offset from tax rate: going to 27-28% over

time

• Share repurchases

Long Range Outlook*

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Non-GAAP Financial Measures Reconciliation

2011 2012 2013 Q1 2014 Q2 2014* 2014*

Net Income (GAAP) $218.3 $193.0 $274.2 $52.2 $66.6 $260.7

Adjustments:

Gains on disposal of assets including insurance recoveries (3.8) (7.9) (0.7) (1.8) (0.1) (1.9)

Re-engineering and other restructuring costs 9.6 22.1 9.3 2.3 4.2 10.2

Impact of Venezuelan bolivar devaluation on balance sheet positions 4.2 15.0 4.5 21.3

Swap impairment and debt cost write-off 19.8

Acquired intangible asset amortization 2.9 2.1 4.8 2.9 3.0 11.9

Purchase accounting intangibles and goodwill impairment 36.1 76.9

Income tax impact of adjustments (9.6) (4.8) (3.5) (3.7) (1.4) (6.7)

Net Income (Adjusted) $273.3 $281.4 $288.3 $66.9 $76.8 $295.5

Adjusted ROS 13.9% 14.1% 14.1% 13.5% 14.6% 14.4%

* High end of guidance rage

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Non-GAAP EPS Reconciliation

GAAP Non-GAAP GAAP Non-GAAP

High-end

Guidance $1.13 $1.18 Q1 2013 $1.06 $1.18 GAAP $1.02

FX 0.02 0.02 (0.12) (0.12)

Ops 0.04 0.04 0.20 0.20

Unallocated 0.03 0.03

Reengineering (0.06) (0.03) 0.08

Tax Rate (0.02) (0.02)

Gains on Disposal 0.04 0.04 (0.04)

Venezuela (0.19) 0.07 (0.19) 0.26

Acquired intangible

asset amortization (0.03) 0.06

Lower Shares 0.07 0.09

Tax Impact of Items 0.04 0.06 (0.07)

Interest (0.05) (0.05)

Q1 2014 $1.02 $1.31 Q1 2014 $1.02 $1.31 Non-GAAP $1.31

Q1 EPS vs. Guidance Q1 EPS 2013 vs. 2014 Q1 2014 EPS GAAP

to Non-GAAP

Q1 Emerging Market Sales By Segment Reported

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Q1 2014 Emerging Market Sales, +14%

Emerging/Established %

$67.4

$163.7

$41.4

$54.4

$95.9

$-

$20.0

$40.0

$60.0

$80.0

$100.0

$120.0

$140.0

$160.0

$180.0

Europe Asia Pacific TW NorthAmerica

Beauty NorthAmerica

South America

Q1 2012 Q1 2013 Q1 2014

32%

82%

51%

74%

100%

0%

10%

20%

30%

40%

50%

60%

70%

80%

90%

100%

Europe Asia Pacific TW NorthAmerica

Beauty NorthAmerica

South America

Emerging Established

Q1 2014 Earnings Call

April 23, 2014