Pandora — AGM Information 2014

Sep 9, 2014

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

                 Thursday 9 October 2014 at 3:00 pm CET

The Extraordinary General Meeting will be held at the Company's offices
situated at

                Hovedvejen 2, DK-2600 Glostrup, Denmark

with the following agenda:

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

By company announcement no. 149 of 10 March 2014, the Company informed that
Marcello Bottoli would stand down from his role as Chairman of the Company's
Board of Directors, due to other professional commitments, when a successor had
been found sometime in 2014 and that a process of searching for a new Chairman
of the Board of Directors would be initiated.

Further, by company announcement no. 186 of 28 August 2014, the Company
informed that the Board of Directors recommends that Peder Tuborgh, CEO of Arla
Foods amba, is elected new Chairman of the Board of Directors, if elected as a
new board member at the extraordinary general meeting.

On this basis, the Company's Board of Directors proposes that Peder Tuborgh is
elected as a new member of the Company's Board of Directors. If the proposal is
adopted, the Company's Board of Directors will consist of Povl Christian Lütken
Frigast, Torben Ballegaard Sørensen, Andrea Dawn Alvey, Nikolaj Vejlsgaard,
Anders Boyer-Søgaard, Ronica Wang, Bjørn Gulden, Michael Hauge Sørensen, Per
Bank and Peder Tuborgh.

The composition of the Company’s Board of Directors reflects the skills and
experience required to manage a public listed company. The Company aims at
composing the Board of Directors of persons who possess the professional skills
and international experience required to serve as a board member, and it is the
assessment of the Company's Board of Directors that Peder Tuborgh will be a
valuable addition to the existing Board of Directors.

A full version of the notice convening the Extraordinary General Meeting
including the complete proposal and a description of Peder Tuborgh is available
at 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 80 countries on six continents through approximately 10,000 points of
sale, including more than 1,200 concept stores.

Founded in 1982 and headquartered in Copenhagen, Denmark, PANDORA employs more
than 9,000 people worldwide of whom approximately 7,000 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
2013, PANDORA’s total revenue was DKK 9.0 billion (approximately EUR 1.2
billion). For more information, please visit www.pandoragroup.com.

CONTACT
For more information, please contact:

INVESTOR RELATIONS MEDIA RELATIONS
Morten Eismark Jakob Risom Langelund
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 1739
Mobile +45 3050 4402