SECOND QUARTER RESULTS 2022

16 AUGUST 2022

AGENDA

OF TODAY

  1. EXECUTIVE SUMMARY
  2. PHOENIX UPDATE
  3. Q2 2022 FINANCIALS
  4. FINANCIAL GUIDANCE
  5. APPENDIX

DISCLAIMER

This presentation contains forward-looking statements, which include estimates of financial performance and targets. These statements are not guarantees of future performance and involve certain risks and uncertainties. Therefore, actual future results and trends may differ materially from what is forecast in this report due to a variety of factors. Please find full disclaimer on slide 40

2 Pandora Q2 2022 - Investor presentation

RECORD REVENUE IN Q2

$

Sustainable growth

Execution of Phoenix

Profitable growth

progressing well

17% vs Q2 2019

Initiatives like network

Strong EBIT margin ending

- China dragging down 7pp

at 22.1% in Q2 2022

expansion, new store

concept development and

introducing new customer

loyalty program are on track

3 Pandora Q2 2022 - Investor presentation

2022 GUIDANCE

ORGANIC

EBIT

GROWTH

MARGIN

4-6%

25.0-25.5%

(Unchanged)

(Unchanged)

For assumptions behind the guidance, please refer to slide 20-21

4 Pandora Q2 2022 - Investor presentation

AGENDA

OF TODAY

  1. EXECUTIVE SUMMARY
  2. PHOENIX UPDATE
  3. Q2 2022 FINANCIALS
  4. FINANCIAL GUIDANCE
  5. APPENDIX

5 Pandora Q2 2022 - Investor presentation

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Pandora A/S published this content on 16 August 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 16 August 2022 07:11:05 UTC.