Pandora_Annual_Report_2018

THE TABLE BELOW SHOWS INFORMATION ABOUT THE GROUP ENTITIES AT 31 DECEMBER 2018 Company Ownership Registered office Date of consolidation EMEA Pandora Österreich GmbH 100% Austria 23 May 2012 Pandora Jewellery Belgium NV 100% Belgium 13 April 2017 Pandora Jewelry CR s.r.o. 100% Czech Republic 2 December 2009 Pandora Int. ApS 100% Denmark 1 October 2009 Pandora Jewelry Central Western Europe A/S 100% Denmark 5 January 2010 Pan Me A/S 100% Denmark 16 January 2015 Pandora Jewellery DMCC 100% Dubai 8 October 2014 Panmeas Jewellery LLC 100% Dubai 16 January 2015 Pandora Jewellery UK Limited 100% England 1 December 2008 Pandora Jewelry Finland Oy 100% Finland 1 January 2012 Pandora France SAS 100% France 25 February 2011 Pandora EMEA Distribution Center GmbH 100% Germany 5 December 2011 Pandora Jewelry GmbH 100% Germany 5 January 2010 Pandora Jewelry Hungary Ltd. 100% Hungary 2 June 2010 Pandora Jewelry Limited 100% Ireland 10 January 2018 Pandora Italia SRL 100% Italy 23 May 2012 Pandora Jewelry B.V. 100% Netherlands 20 September 2010 Pandora Norge AS 100% Norway 17 August 2010 Pandora Jewelry Shared Services Sp. z.o.o. 100% Poland 7 February 2012 Pandora Jewelry CEE Sp. z.o.o. 100% Poland 1 March 2009 Pandora Jewelry Romania SRL 100% Romania 18 August 2011 Pandora Jewelry Slovakia s.r.o. 100% Slovakia 6 September 2016 Pandora Jewellery Spain S.L 100% Spain 28 September 2017 Pandora Jewellery South Africa Pty Ltd. 100% South Africa 31 January 2017 Pandora Sweden AB 100% Sweden 4 November 2013 Pandora Schweiz AG 100% Switzerland 6 December 2011 Pandora Jewelry Mücevherat Anonim Şirketi 100% Turkey 4 November 2013 AMERICAS Pandora Jewelry Argentina SRL 100% Argentina 27 September 2017 Pandora do Brasil Participações Ltda. 100% Brazil 24 October 2013 Pandora do Brasil Comércio e Importação Ltda. 100% Brazil 24 October 2013 Pandora Jewelry Ltd. 100% Canada 7 March 2008 Pandora Franchise Canada Ltd. 100% Canada 19 January 2011 Pandora Retail Canada Ltd. 100% Canada 4 February 2014 Pandora Jewelry Chile SpA 100% Chile 7 May 2017 Pandora Jewelry Mexico Import, S.A. de C.V. 100% Mexico 4 April 2018 Pandora Jewelry Mexico, S.A. de C.V. 100% Mexico 8 March 2017 Pandora Jewelry Mexico Servicios, S.A. de C.V. 100% Mexico 8 March 2017 Pandora Jewelry Panama S.A. 100% Panama 5 July 2016 Pandora Jewelry Inc. 100% USA 1 July 2008 Pandora ECOMM LLC 100% USA 21 August 2014 Pandora Jewelry LLC 100% USA 7 March 2008 Pandora Franchising LLC 100% USA 1 November 2009 Pandora Ventures LLC 100% USA 10 May 2012 ASIA PACIFIC AD Astra Holdings Pty Ltd. 100% Australia 1 July 2009 Pandora Retail Pty Ltd. 100% Australia 1 July 2009 Pandora Jewelry Pty Ltd. 100% Australia 1 July 2009 Pandora Property Leasing Ltd. 100% Australia 1 July 2009 Pandora Jewelry (Shanghai) Company Ltd. 100% China 4 February 2015 Pandora Jewelry Design (Beijing) Company Ltd. 100% China 1 March 2016 Pandora Jewelry Asia-Pacific Limited 100% Hong Kong 1 November 2009 Pandora Jewelry Hong Kong Company Ltd. 100% Hong Kong 4 February 2015 Pandora Jewelry Japan Ltd. 100% Japan 29 October 2014 Pandora Jewelry Macau Company Ltd. 100% Macau 1 January 2016 Pandora Jewelry Singapore Pte. Ltd. 100% Singapore 1 January 2016 Other (Production) Pandora Production Co. Ltd. 100% Thailand 7 March 2008 Pandora Services Co. Ltd. 100% Thailand 15 October 2010 Pandora has seven dormant companies, which have been omitted from the table. NOTE 5.5 Companies in the Pandora Group P A N D O R A A N N U A L R E P O R T 2 0 1 8 C O N T E N T S G R O U P 9 5