Cloetta AB (publ) announced that on 22 March 2020, it was made public by Cloetta that the Board of Directors had decided to withdraw its proposal on a dividend of in total SEK 1.00 per share due to the outbreak of COVID-19. As the consequences of the COVID- 19 pandemic now can be better asses ed, and considering Cloetta's strong balance sheet and resilient busines model that is cash generative also in volatile times, the Board of Directors proposes that the Meeting shall resolve on a dividend of in total SEK 0.5 per share. The Board of Directors proposes the record date for the dividend to be 5 November 2020. The dividend is expected to be paid by Euroclear Sweden on 10 November 2020.