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2016-05-13

Cloetta AB: 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

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http://news.cision.com/cloetta-ab/r/management-change-in-cloetta,c2008658
http://mb.cision.com/Main/1169/2008658/515447.pdf

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