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Pandora

Major Shareholding Notification Feb 15, 2022

3379_mrq_2022-02-15_2a5763f7-a310-490a-b4de-66e52897daaa.pdf

Major Shareholding Notification

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Pandora A/S Havneholmen 17 – 19 | DK-1561 Copenhagen V | Denmark Tel. +45 3672 0044 www.pandoragroup.com CVR: 28 50 51 16

No. 697 COMPANY ANNOUNCEMENT

15 Feb 2022

MAJOR SHAREHOLDER ANNOUNCEMENT

In accordance with section 30 of the Capital Markets Act, Pandora A/S hereby announces that BlackRock, Inc. has notified the Company that BlackRock, Inc. controls the voting rights to 10,002,342 shares in the Company, corresponding to 10.00% (previously 9.91%) of the entire share capital and voting rights. Additionally, BlackRock, Inc. controls the voting rights attached to financial instruments of 1.82% (previously 1.63%). In total, BlackRock, Inc. controls the voting rights to 11.82% (previously 11.55%) 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 6,800 points of sale, including more than 2,600 concept stores.

Headquartered in Copenhagen, Denmark, Pandora employs 27,000 people worldwide and crafts its jewellery at two LEED Gold-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 sales of DKK 23.4 billion (EUR 3.1 billion) in 2021.

CONTACT

For more information, please contact:

INVESTOR RELATIONS

John Bäckman VP, Investor Relations, Tax & Treasury +45 5356 6909 [email protected]

CORPORATE COMMUNICATIONS

Johan Melchior Director External Relations +45 4060 1415 [email protected]

Kristoffer Aas Malmgren Investor Relations Director +45 3050 1174 [email protected]

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