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Pandora

Major Shareholding Notification Nov 20, 2020

3379_mrq_2020-11-20_56f35c2f-0e65-4faf-854f-f8242f6b2abe.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. 612 COMPANY ANNOUNCEMENT

20 November 2020

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 notified the Company about crossing a threshold in voting rights and share capital. Parvus Asset Management Europe Limited controls the voting rights to 5,101,398 shares in the Company, corresponding to 5.1% of the entire share capital and voting rights.

ABOUT PANDORA

Pandora 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 7,400 points of sale, including more than 2,700 concept stores.

Headquartered in Copenhagen, Denmark, Pandora employs 28,000 people worldwide and crafts its jewellery at two LEED certified facilities in Thailand using mainly recycled silver and gold. The company plans to be carbon neutral by 2025 and has joined the Science Based Targets initiative to reduce emissions across its full value chain. Pandora is listed on the Nasdaq Copenhagen stock exchange and generated sales of DKK 21.9 billion (EUR 2.9 billion) in 2019.

CONTACT

For more information, please contact:

INVESTOR RELATIONS

Christian Møller

+45 7219 5361

Investor Relations Officer

[email protected]

Michael Bjergby VP, Investor Relations, Tax & Treasury +45 7219 5387 [email protected]

CORPORATE COMMUNICATIONS

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

20 November 2020 | COMPANY ANNOUNCEMENT No. 612 | page 1 | 1

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