01 -
Flatten two caramels together into a 1.25-centimeter thick rectangle. If needed, microwave for 5 seconds to soften for easier shaping. Repeat with remaining caramels and set aside.
02 -
Combine milk chocolate chips and vegetable shortening in a heatproof bowl. Melt using a double boiler or microwave at half power, stirring frequently until smooth.
03 -
Fold crispy rice cereal into the melted chocolate until evenly combined.
04 -
Using a fork, cover each caramel rectangle with the chocolate-cereal mixture, ensuring the bottom is coated. Remove excess chocolate by running each piece along the bowl's edge.
05 -
Place coated pieces on waxed paper and allow to firm at room temperature for 1 to 2 hours before serving.