Proposal by the Nomination Committee regarding the Board of Directors of Cloetta AB (publ)

Cloetta’s Nomination Committee has informed the company of its proposal
regarding new Board of Directors.
The Nomination Committee proposes that the Board of Directors shall consist of
six directors.

The Nomination Committee proposes re-election of the current directors Adriaan
Nühn, Mikael Svenfelt, Olof Svenfelt and Caroline Sundewall. Furthermore, the
Nomination Committee proposes that Lottie Knutson and Mikael Norman are elected
as new directors. Ann Carlsson has declined re-election.

Caroline Sundewall is proposed to be elected as Chairman of the Board of
Directors.

Lottie Knutson is member of the board of H&M and Stena Line Holding BV. She is
active as a writer and advisor within marketing, change and crisis management.
She has previously worked as Marketing Director at Fritidsresor Group for the
Nordic countries, the SAS Group's communication´s department, journalist at the
Swedish newspaper Svenska Dagbladet and as a communications consultant. Lottie,
born 1964, studied at the Department of Journalism at Stockholm University.
Mikael Norman is CFO at Nobia. He has previously worked as Group Controller at
Electrolux, tax lawyer at Price Waterhouse and as judge at the Administrative
Court and Administrative Court of Appeal in Stockholm. Mikael, born 1958, has a
Bachelor of Laws from Stockholm University.

Information on the composition of the Nomination Committee of Cloetta as well as
information regarding the members of the Board of Directors is available on
Cloetta’s website www.cloetta.com.

The Annual General Meeting will be held on Thursday 23 April 2015 in Stockholm.

For further information, please contact
Caroline Sundewall, member of the Nomination Committee and Chairman of the
Board, or Christer Wagenius, Chairman of the Nomination Committee, can be
reached via Jacob Broberg, SVP Corporate Communications & Investor Relations,
+46 70 190 00 33.

The information contained in this press release is such that Cloetta AB (publ)
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 10 February 2015 at 08.30 a.m. CET.