Major Shareholder Announcement

In accordance with section 30 of the Capital Markets Act, Pandora A/S hereby announces that Parvus Asset Management Europe Limited has reduced its holding in the company and now controls less than 5% of shares and voting rights of the company.

ABOUT PANDORA
Pandora is the world’s largest jewellery brand. The company designs, manufactures and markets hand-finished jewellery made from high-quality materials at affordable prices. Pandora jewellery is sold in more than 100 countries through more than 6,500 points of sale, including more than 2,500 concept stores.

Headquartered in Copenhagen, Denmark, Pandora employs 32,000 people worldwide and crafts its jewellery at two LEED-certified facilities in Thailand using mainly recycled silver and gold. Pandora is committed to leadership in sustainability and has set science-based targets to reduce greenhouse gas emissions by 50% across its own operations and value chain by 2030. The company is listed on the Nasdaq Copenhagen stock exchange and generated revenue of DKK 26.5 billion (EUR 3.6 billion) in 2022.

Contact

For more information, please contact:

INVESTOR RELATIONS Bilal Aziz VP, Investor Relations & Treasury +45 3137 9486 biazi@pandora.net	CORPORATE COMMUNICATIONS  Johan Melchior VP, Media Relations & Public Affairs +45 4060 1415 jome@pandora.net
Adam Fuglsang Director, Investor Relations +45 6167 7425 adfug@pandora.net

Attachment

• Pandora_Company Announcement_No_825

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