Oats (33%), caramel-flavored coating (25%) (sugar, vegetable oils (cottonseed oil), fully hydrogenated vegetable fats (palm oil), skimmed milk powder, whole milk powder, whey powder, cocoa butter, emulsifier: soy lecithin, coloring: curcumin, carmine, flavoring: caramel), invert sugar, puffed rice (contains wheat gluten). The product may contain traces of nuts, peanuts, sesame, sulfites, and egg.