Proposed Amendments will not become operative and the Mars Guarantee will not be issued unless and until the Acquisition is consummated

MCLEAN, Va., March 4, 2025 /PRNewswire/ -- Mars, Incorporated ("Mars" or the "Company") announced that it is soliciting consents (the "Consent Solicitations") from Eligible Holders (as defined below) as of March 3, 2025 (the "Record Date") of the outstanding series of senior notes of Kellanova (collectively, the "Existing Kellanova Notes") set forth in the table below to certain proposed amendments described below (the "Proposed Amendments") to (i) the Indenture, dated as of March 15, 2001, between Kellanova and The Bank of New York Mellon Trust Company, N.A. (f/k/a BNY Midwest Trust Company) (the "2001 Indenture Trustee"), as amended and supplemented (the "2001 Indenture"), (ii) the Indenture, dated as of May 21, 2009, between Kellanova and The Bank of New York Mellon Trust Company, N.A. (f/k/a BNY Midwest Trust Company), as trustee (the "2009 Indenture Trustee"), as amended and supplemented (the "2009 Indenture"), and (iii) the Indenture, dated as of May 6, 2024, between Kellanova and U.S. Bank Trust Company, National Association, as trustee (the "2024 Indenture Trustee" and, together with the 2001 Indenture Trustee and the 2009 Indenture Trustee, the "Existing Kellanova Notes Trustees"), as amended and supplemented (the "2024 Indenture" and, together with the 2001 Indenture and the 2009 Indenture, the "Existing Kellanova Indentures").