Pandora — AGM Information 2013

Jul 22, 2013

No. 101
COMPANY ANNOUNCEMENT
22 July 2013

Pursuant to article 6.6 of the Articles of Association of Pandora A/S (the
"Company"), an Extraordinary General Meeting of the Company is hereby convened
to be held on

                  Tuesday 13 August 2013 at 14:00 CET

The Extraordinary General Meeting will be held at

                      Hovedvejen 2, 2600 Glostrup

with the following agenda:

1. Election of a new member to the Board of Directors
2. Any other business

On 18 April 2013, the Company announced Bjørn Gulden's intentions to resign as
CEO of Pandora as of 1 July 2013. Following this announcement, the Company's
Board of Directors announced their intention to recommend that Bjørn Gulden
continue his affiliation with the Company as a member of the Company's Board of
Directors.

On 1 July 2013, the former chairman of the Company's Board of Directors, Allan
Leslie Leighton, took over as CEO of the Company and resigned from the
Company's Board of Directors.

The Company's Board of Directors now proposes that Bjørn Gulden is elected to
the Company's Board of Directors. If the proposal is adopted, the Company's
Board of Directors will consist of Marcello Vittorio Bottoli (chairman), Povl
Christian Lütken Frigast (deputy chairman), Torben Ballegaard Sørensen, Andrea
Dawn Alvey, Nikolaj Vejlsgaard, Anders Boyer-Søgaard, Ronica Wang and Bjørn
Gulden.

The composition of the Company’s Board of Directors reflects the skills and
experience required to manage a public listed company, and it is the assessment
of the Company's Board of Directors that Bjørn Gulden will be a valuable
addition to the existing Board of Directors.

A detailed description of Bjørn Gulden and information on his current
managerial positions as well as other documents relating to the extraordinary
general meeting are available on the Company's website www.pandoragroup.com.

ABOUT PANDORA

PANDORA designs, manufactures and markets hand-finished and modern jewellery
made from genuine materials at affordable prices. PANDORA jewellery is sold in
more than 70 countries on six continents through approximately 10,200 points of
sale, including approximately 900 Concept stores.

Founded in 1982 and headquartered in Copenhagen, Denmark, PANDORA employs over
6,200 people worldwide of whom 4,200 are located in Gemopolis, Thailand, where
the Company manufactures its jewellery. PANDORA is publicly listed on the
NASDAQ OMX Copenhagen stock exchange in Denmark. In 2012, PANDORA’s total
revenue was DKK 6.7 billion (approximately EUR 900 million). For more
information, please visit www.pandoragroup.com.

CONTACT

For further queries, please contact:

INVESTOR RELATIONS MEDIA RELATIONS
Morten Eismark Jakob Risom
VP Group Investor Relations Press Officer
Phone +45 3673 8213 Phone +45 3673 0634
Mobile +45 3045 6719 Mobile +45 6165 6540
Magnus Thorstholm Jensen
Investor Relations Officer
Phone +45 4323 17639
Mobile +45 3050 4402