Pandora

Major Shareholding Notification • Nov 18, 2025

Major shareholder announcement

Major shareholder announcement

In accordance with section 30 of the Capital Markets Act, Pandora A/S hereby announces that Parvus Asset Management Jersey Limited has notified the company that its subsidiary, Parvus European Opportunities Master Fund, now holds 3,967,640 shares, corresponding to 5.02% of the total voting rights and share capital.

In total, Parvus Asset Management Jersey Limited controls 12.50% of the voting rights and share capital in Pandora A/S.

ABOUT PANDORA

Pandora is the world's largest jewellery brand, specialising in the design, crafting and marketing of accessible luxury jewellery made from high-quality materials. Each piece is created to inspire self-expression, allowing people to share their stories and passions through meaningful jewellery. Pandora jewellery is sold in more than 100 countries through 6,800 points of sale, including more than 2,700 concept stores.

Headquartered in Copenhagen, Denmark, Pandora employs 37,000 people worldwide and crafts its jewellery using only recycled silver and gold. Pandora is committed to leadership in sustainability and has set out to halve greenhouse gas emissions across its value chain by 2030. Pandora is listed on the Nasdaq Copenhagen stock exchange and generated revenue of DKK 31.7 billion (EUR 4.2 billion) in 2024.

CONTACT

For more information, please contact:

Investor Relations                             BILAL AZIZ SVP, Investor Relations & Treasury +45 3137 9486 biazi@pandora.net ADAM FUGLSANG Director, Investor Relations +45 6167 7425 adfug@pandora.net	Corporate Communications JOHAN MELCHIOR VP, Media Relations & Public Affairs +45 4060 1415 jome@pandora.net

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• Pandora_Company_Announcement_No_985