Transactions in connection with share buyback programme

01-06-2026

On 5 February 2025, Pandora announced a new share buyback programme, cf. Company announcement no. 923. The share buyback programme is executed in accordance with Regulation (EU) No 596/2014 of the European Parliament and of the Council of 16 April 2014 on market abuse (market abuse regulation).

The purpose of the programme is to reduce Pandora’s share capital and to meet obligations arising from company incentive programmes.

Under the programme, Pandora repurchased shares for a total of DKK 4.0 billion between 6 February 2025 and 2 January 2026, at which point the programme was completed. In total, 4.1 million shares were bought back at an average price of DKK 964.45.

The following transactions have been made under the programme:

	Number of shares	Average purchase price, DKK	Transaction value, DKK
Accumulated under the programme	4,100,203		3,966,905,834
29 December 2025	18,000	694.37	12,498,643
30 December 2025	15,000	704.11	10,561,661
2 January 2026	14,240	703.97	10,024,492
Accumulated under the programme	4,147,443		3,999,990,629

With the transactions stated above, Pandora owns a total of 4,429,793 treasury shares, corresponding to 5.6 % of the Company’s share capital.

In accordance with Regulation (EU) No 596/2014, all transactions related to the share buyback programme are presented in detail in the spreadsheet attached to this Company Announcement.

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 [email protected] ADAM FUGLSANG Director, Investor Relations +45 6167 7425 [email protected]	Corporate Communications JOHAN MELCHIOR VP, Media Relations & Public Affairs +45 4060 1415 [email protected]

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