Notice of Extraordinary General Meeting – Changes to Pandora’s Board of Directors

Group 1 - Pandora has called for an Extraordinary General Meeting on 14 August 2025 to nominate Lars Sandahl Sørensen as a new board member [1][2] - Lars Sandahl Sørensen is currently the CEO of The Confederation of Danish Industry and has a strong leadership background with experience in complex environments [2][29] - Christian Frigast, the current Deputy Chair, will not stand for re-election at the Annual General Meeting in 2026 after 15 years on the board [4][6] Group 2 - Lars Sandahl Sørensen expressed interest in contributing to Pandora's growth and innovation if elected [3][30] - The board aims to ensure that its composition reflects the necessary skills and experience for managing a publicly listed company [11] - Pandora is committed to sustainability, aiming to halve greenhouse gas emissions across its value chain by 2030 [34]