MondelA?z International Completes Acquisition of Majority Interest in Perfect Snacks®

DEERFIELD, Ill., July 16, 2019 (GLOBE NEWSWIRE) -- MondelA?z International today announced it has completed its previously announced agreement to acquire a majority interest in Perfect SnacksA®, a pioneer in the fast-growing refrigerated nutrition bars segment with a range of offerings including Perfect Bar, The Original Refrigerated Protein Bara??, and Perfect Snacksa?? other lines of organic, non-GMO, nut-butter based protein bars and bites.A 
a??The Perfect Snacks majority acquisition further expands our leadership position in broader snacking, including the fast-growing segments of well-being and refrigerated snacking,a?? said Glen Walter, Executive Vice President and President, North America, for MondelA?z International. a??We are excited to begin working with and supporting the Keith family to accelerate the branda??s next chapter of growth as part of our existing portfolio of global and local brands.a?? MondelA?z International is operating Perfect Snacks as a separate business in order to nurture its entrepreneurial spirit and maintain the authenticity of the brand, while providing resources to help expand consumer penetration and U.S. distribution of Perfect Snacksa?? products and future innovation.A About MondelA?z International
MondelA?z International, Inc. (NASDAQ: MDLZ) empowers people to snack right in approximately 150 countries around the world. With 2018 net revenues of approximately $26 billion, MDLZ is leading the future of snacking with iconic global and local brands such as Oreo, belVita and LU biscuits; Cadbury Dairy Milk, Milka and Toblerone chocolate; Sour Patch Kids candy and Trident gum. MondelA?z International is a proud member of the Standard and Poora??s 500, Nasdaq 100 and Dow Jones Sustainability Index. Visit www.mondelezinternational.comA or follow the company on Twitter at

About Perfect Snacks
Perfect SnacksA® is a collection of fresh-from-the-fridge protein snacks for the entire family. Inspired by their dada??s recipe, the Keith family founded Perfect Snacks in 2005 and pioneered the Fresh Snacking category with Perfect BarA®, The Original Refrigerated Protein Bara??. Today, Perfect Snacks continues to lead fresh-snacking innovation with Perfect Bar line extensions and the branda??s newest platforms, Perfect Kidsa?? and Perfect Bitesa??. Find Perfect Snacks in the refrigerated section of more than 27,000 retailers nationwide. Learn more or find a fridge near you at Statements
This press release contains forward-looking statements. Words, and variations of words, such as a??will,a?? a??expecta?? and similar expressions are intended to identify these forward-looking statements, including, but not limited to, statements about the growth and future potential of the majority acquisition. These forward-looking statements are subject to a number of risks and uncertainties, many of which are beyond MondelA?z Internationala??s control, which could cause MondelA?z Internationala??s actual results to differ materially from those indicated in these forward-looking statements. Please also see MondelA?z Internationala??s risk factors, as they may be amended from time to time, set forth in its filings with theA SEC, including its most recently filed Annual Report on Form 10-K. MondelA?z International disclaims and does not undertake any obligation to update or revise any forward-looking statement in this press release, except as required by applicable law or regulation.A 


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