ANALYST COVERAGE

Firm	Analyst	Contact Information
ABG Sundal Collier	Morten Eismark	Email: morten.eismark@abgsc.com Phone: +45 30 45 67 19
Alm. Brand Markets	Michael Friis Jørgensen	Email: abmifj@almbrand.dk Phone: +45 35 47 69 23
Bank of America Merrill Lynch	Geoffroy de Mendez	Email: geoffroy.de_mendez@baml.com Phone: +44 773 109 1903
Berenberg	Lauren Molyneux	Email: Lauren.Molyneux@berenberg.com Phone: +44 20 3207 7892
Bloomberg Intelligence	Deborah Aitken	Email: daitken6@bloomberg.net Phone: +44-20-3525-8283
Carnegie	Lars Topholm	Email: lars.topholm@carnegie.dk Phone: +45 32 88 03 53
Citi Research	Thomas Chauvet	Email: thomas.chauvet@citi.com Phone: +44 207 986 4147
Danske Bank Markets	Poul Ernst Jessen	Email: poul.jessen@danskebank.com Phone: +45 45 12 80 48
DNB Markets	Ole Martin Westgaard	Email: ole.martin.westgaard@dnb.no Phone: +47 24 16 92 98
Evercore ISI	Omar Saad	Email: omar.saad@evercoreisi.com Phone: +1 212-653-8992
Goldman Sachs International	Alberto D’Agnano, CFA	Email: alberto.dagnano@gs.com Phone: +44(20)7552-3881
Handelsbanken	Frans Høyer	Email: frho15@handelsbanken.dk Phone: +45 42 41 73 36
HSBC BANK Plc	Anne-Laure Bismuth	Email: annelaure.bismuth@hsbcib.com Phone: +44 207 991 6587
J.P. Morgan Cazenove	Chiara Battistini	Email: chiara.x.battistini@jpmorgan.com Phone: +44 207 134 5417
Jyske Bank	Janne Vincent Kjær	Email: jvk@jyskebank.dk Phone: +45 89 89 70 36
Kepler Cheuvreux	Fredrik Ivarsson	Email: fivarsson@keplercheuvreux.com Phone: +46 8 723 51 74
Morgan Stanley	Elena Mariani	Email: elena.mariani@morganstanley.com Phone: +44 207 425 0527
Morningstar	Jelena Sokolova	Email: Jelena.sokolova@morningstar.com Phone: +31 20 311 90 94
Nykredit	Klaus Kehl	Email: kehl@nykredit.dk Phone: +45 44 55 47 28
Royal Bank of Canada	Piral Dadhania	Email: piral.dadhania@rbccm.com Phone: +44 207 429 8644
SEB	Magnus Thorstholm Jensen	Email: magnus.jensen@seb.dk Phone: +45 3328 3309
Sydbank	Søren Løntoft Hansen	Email: s.loentoft@sydbank.dk Phone: +45 74 37 44 64

Pandora A/S is followed by the analysts listed. Please note that any opinions, estimates or forecasts regarding Pandora A/S's performance made by these analysts are theirs alone and do not represent opinions, forecasts or predictions of Pandora A/S or its management. Pandora A/S does not by its reference or distribution imply its endorsement of or concurrence with such information, conclusions or recommendations.

PANDORA

Analyst Coverage

ANALYST COVERAGE