Management change in Cloetta

Giorgio Boggero, President Cloetta Italy and member of Group Management, has
decided to resign from Cloetta in order to pursue other interests. He will leave
Cloetta in June, 2016.  Danko Maras, CFO, will then act as interim President of
Cloetta Italy.

“I want to thank Giorgio for his commitment and contribution to Cloetta. We wish
him all the best for the future”, says David Nuutinen, President and CEO of
Cloetta.

The information contained in this press release is such that Cloetta is required
to disclose pursuant to the Swedish Financial Instruments Trading Act and/or the
Swedish Securities Markets Act. The information was submitted for publication on
13 May 2016 at 13.00 p.m. CET.
Media contact
Jacob Broberg, SVP Corporate Communications & Investor Relations, 46 70 190 00
33.
About Cloetta
Cloetta, founded in 1862, is a leading confectionary company in the Nordic
region, the Netherlands, and Italy. In total, Cloetta products are sold in more
than 50 countries worldwide. Cloetta owns some of the strongest brands on the
market, such as Läkerol, Cloetta, Jenkki, Kexchoklad, Malaco, Sportlife, Saila,
Red Band and Sperlari. Cloetta has 13 production units in six countries.
Cloetta’s class B-shares are traded on Nasdaq Stockholm. More information about
Cloetta is available on www.cloetta.com