Pandora A/S

10/06/2025 | Press release | Distributed by Public on 10/06/2025 07:14

Transactions in connection with share buyback programme

Published: 2025-10-06 15:14:06 CEST Pandora A/S - Changes in company's own shares

Transactions in connection with share buyback programme

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 will repurchase shares for an aggregate maximum amount of DKK 4.0 billion from 6 February 2025 until 30 January 2026 at the latest, both days inclusive.
The first tranche of up to DKK 1.3 billion commenced on 6 February 2025 and finished on 6 June 2025. The second tranche of up to DKK 1.35 billion commenced on 10 June 2025 and finished on 22 August 2025.

Pandora has appointed Danske Bank as the sole lead manager of the third tranche of DKK 1.35 billion of the buyback programme, which will run from 25 August 2025 and finish no later than 30 January 2026.

The following transactions have been made under the programme:

Number of
shares
Average purchase price, DKK Transaction value,
DKK
Accumulated under the programme 2,921,203 3,045,481,664
29 September 2025 20,000 845.51
16,910,120
30 September 2025 25,000 832.08 20,802,017
1 October 2025 23,000 834.09 19,183,970
2 October 2025 22,000 839.89 18,477,678
3 October 2025 20,000 823.14 16,462,706
Accumulated under the programme 3,031,203 3,137,318,155

With the transactions stated above, Pandora owns a total of 3,313,553 treasury shares, corresponding to 4.2% 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]

Attachments

  • Pandora_Company_Announcement_No_976
  • Appendix_Company_Announcement_No_976
  • Appendix_Company_Announcement_No_976

Appendix_Company_Announcement_No_976.pdf https://attachment.news.eu.nasdaq.com/a4d2e0a4a894f9e825348d56a427647e0
Appendix_Company_Announcement_No_976.xlsx https://attachment.news.eu.nasdaq.com/a2ae0dc8cd3df2c4460a9e29fe6b5e542
Pandora_Company_Announcement_No_976.pdf https://attachment.news.eu.nasdaq.com/a67220e90969d49f64b2ed0c193d2a290
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Pandora A/S published this content on October 06, 2025, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on October 06, 2025 at 13:14 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]