Yes.
Here's how I know: Many moons ago I worked for a cycling advocacy group in another city, and Clif Bar was a ride sponsor. Somehow we wound up with CARTONS and CARTONS of excess Clif Bars that we couldn't even give away. The local food bank only took so many. We gave them to every volunteer that walked in the door. We included them in SWAG bags. We tried. Anyway, we wound up eating them off and on in the office over the course of a year past the expiration date. It was only when I finally opened one that had actual mold on it that we tossed them.