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PRESS RELEASE

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Mattel Announces Ruth Handler Mentorship Program for Women in Toys Timed to Company's 75th Anniversary

Toy Industry’s First-Ever Mentorship Program for Women Launches in Honor of Mattel Co-Founder, Ruth Handler

Mattel, Inc. (NASDAQ: MAT) today announced the creation of the Ruth Handler Mentorship Program for Women in Toys, Licensing, and Entertainment (WiT). The mentorship program, the toy industry’s first for women, was launched at the 2020 Wonder Women Awards ceremony, an annual celebration of the industry's female leaders, and WiT's largest fundraising event, held at Chelsea Pier on February 23, during New York International Toy Fair.

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