Pandora A/S

Correction: Major shareholder announcement

Sending a correction as previous company announcement stated subsidiary but the entity mentioned is a fund under management by Parvus Asset Management Jersey Limited.

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 one of the funds under its management, Parvus European Opportunities Master Fund, now holds 3,967,640 shares, corresponding to 5.02% of the 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:

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• Pandora_Company_Announcement_No_985