Mondelēz International Recommends Stockholders Reject “Mini-Tender” Offer

Mondelēz International has been notified of an unsolicited “mini-tender” offer by TRC Capital Corporation (TRC) to purchase up to 2.5 million shares of the company’s common stock, representing less than 0.2% of shares outstanding.

TRC’s offer price of USD42.20 per share is approximately 4.4% below the closing price per share of Mondelēz International’s common stock on February 16, the last trading day before the commencement of the offer.

Mondelēz International does not endorse TRC’s unsolicited mini-tender offer and is not associated with TRC, its mini-tender offer or the mini-tender offer documents.

Because TRC’s offer price is at a price below the current market price, Mondelēz International recommends that stockholders not tender their shares, or if they have already tendered shares, withdraw their shares by providing the written notice described in the TRC mini-tender offer documents prior to the expiration of the offer, currently scheduled for 12:01 a.m., New York City time, on March 21, 2018.