Tranche Update on Pandora A/S's Equity Buyback Plan announced on May 4, 2021.

From May 4, 2021 to August 11, 2021, the company has repurchased 610,300 shares, representing 0.61% for DKK 499.94 million. With this, the company has completed the repurchase of 610,300 shares, representing 0.61% for DKK 499.94 million under the buyback announced on May 4, 2021.