AXCEL, PEWIC, PER ALGOT ENEVOLDSEN AND CHRISTIAN ALGOT

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News Desk 2018
AXCEL, PEWIC, PER ALGOT ENEVOLDSEN AND CHRISTIAN ALGOT ENEVOLDSEN HAVE SOLD 13 MILLION EXISTING SHARES IN PANDORA IN AN ACCELERATED BOOKBUILT OFFERING

Pandora A/S has received the following information from Axcel III K/S 1, Axcel III K/S 2, Axcel III K/S 3, Pewic Holding ApS, Per Algot Enevoldsen and Christian Algot Enevoldsen.

Danske Bank A/S and Goldman Sachs International have today announced that Axcel III K/S 1, Axcel III K/S 2, Axcel III K/S 3, Pewic Holding ApS, Per Algot Enevoldsen and Christian Algot Enevoldsen have sold a total of 13 million existing shares in PANDORA in an accelerated bookbuilt offering. The shares have been sold to institutional investors.

PANDORA will not receive any proceeds from the sale.

A copy of the press release from Goldman Sachs International is attached.

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 1,100 concept stores. Founded in 1982 and headquartered in Copenhagen, Denmark, PANDORA employs more than 9,000 people worldwide of whom 6,800 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 Morten Eismark VP Group Investor Relations Phone: +45 3673 8213 Mobile: +45 3045 6719 MEDIA RELATIONS Jakob Risom Press Officer Phone: +45 3673 0634 Mobile: +45 6165 6540
Magnus Thorstholm Jensen I nvestor Relations Officer Phone: +45 4323 1739 Mobile: +45 3050 4402  
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