01 -
Melt the peanut butter and unsalted butter together in a large saucepan over low heat, stirring continuously until smooth to avoid burning.
02 -
Add the butterscotch chips and stir until fully melted, creating a creamy and chewy mixture.
03 -
Turn off the heat and mix in the vanilla extract and salt. Fold in the crispy rice cereal, ensuring each piece is evenly coated.
04 -
Line a baking pan with parchment paper. Press the cereal mixture firmly and evenly into the pan using a spatula.
05 -
Melt the chocolate chips in the microwave in 20-second intervals, stirring between each interval until fully smooth. Pour the melted chocolate over the cereal base and spread evenly.
06 -
Sprinkle the holiday M&M's generously over the chocolate layer, pressing lightly to ensure they adhere.
07 -
Refrigerate the pan for 1–2 hours or until completely firm. Slice into bars and serve.