MAJOR SHAREHOLDER ANNOUNCEMENT
In accordance with section 30 of the Capital Markets Act, Pandora A/S hereby announces that Société Générale S.A. has reduced its holding in the company and now in total controls below 5% of the share and voting rights of the company.
Pandora is the world's largest jewellery brand. The company 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 6,400 points of sale, including more than 2,400 concept stores.
Headquartered in Copenhagen, Denmark, Pandora employs 27,000 people worldwide and crafts its jewellery at two LEED-certified facilities in Thailand. Pandora is committed to leadership in sustainability and will use only recycled silver and gold in its jewellery by 2025 and halve greenhouse gas emissions across its value chain by 2030. Pandora is listed on the Nasdaq Copenhagen stock exchange and generated sales of DKK 23.4 billion (EUR 3.1 billion) in 2021.
For more information, please contact:
| Investor Relations|
VP, Investor Relations & Treasury
+45 5356 6909
Kristoffer Aas Malmgren
Investor Relations Director
+45 3050 1174
| Corporate Communications|
VP Media Relations & Public Affairs
+45 4060 1415