Peter A. Ruzicka has been a member of the Board since December 2019 and is also the chair of the Board, chair of the Remuneration Committee and member of the Nomination Commit-tee. Peter A. Ruzicka is regarded as an independent board member.  

The special skills possessed by Peter A. Ruzicka that are important for the performance of his duties as a member of the Board of Pandora A/S are his vast operational experience with strategy execution and transformation as well as retail and brand optimisation on executive level. Furthermore, he has extensive expertise in sustainability, having led Orkla’s ambitious climate programs and chaired impactful environmental decisions at Pandora and he contrib-utes with experience from other board positions and with insight in capital markets. 

Peter A. Ruzicka holds a Bachelor of Business Administration as well as an MBA from Oslo Business School.

Peter A. Ruzicka has profound experience with top-level management. His last executive position was as president and CEO of Orkla ASA from 2014 to 2019. Prior to this he had ex-ecutive positions in ICA AB and Royal Ahold in Norway, Sweden, the Baltics and the Czech Republic. He is chair of the board of Royal Unibrew A/S*, Aspelin Reitan Eiendom AS, AKA AS and The Nutriment Company AB as well as member of the board of Axfood AB*.

*Publicly listed company

Christian Frigast has been a member of the Board since August 2010 and is also deputy chair of the Board, member of the Nomination Committee and the Remuneration Committee. Christian Frigast is not regarded as an independent board member.  

The special skills possessed by Christian Frigast that are important for the performance of his duties as a member of the Board of Pandora A/S are his experience in general management and active involvement in a number of retail and other companies which has given him great insight in capital markets, consumer sales and retail execution. 

Christian Frigast holds an MSc in Economics from Copenhagen University and is an adjunct professor at Copenhagen Business School. He has been Managing Partner at Axcel Management A/S since the founding of the company in 1994 until October 2016, and continues as chair in Axcel Management A/S. 

Christian Frigast is chair of Axcel Management A/S, Erhvervslivets Tænketank, Nordsøfonden, Aktive Ejere (Active Owners Denmark), Bestyrelsesforeningen (Board Leadership Society of Denmark), Frigast A/S and Danmarks Skibskredit Holding A/S and a member of the board in its subsidiary. Christian Frigast is deputy chair of PostNord, member of the board of Nissens A/S and member of the advisory board of Center for Strategisk CSRD (Center for Strategic CSRD).

Birgitta Stymne Göransson has been a member of the Board since March 2016 and is also a member of the Audit Committee and the Nomination Committee. Birgitta Stymne Göransson is regarded as an independent board member. 

The special skills possessed by Birgitta Stymne Göransson that are important for the perfor-mance of her duties as a member of the Board of Pandora A/S are her experiences from con-sumer goods, and retail execution, IT, digital and financial insights, and capital markets. She also served as a board member for sustainability initiatives focused on social entrepreneur-ship, including Social Initiative and former chairman of the NGO Fryshuset.

Birgitta Stymne Göransson holds an MBA from Harvard Business School and a Master of Sci-ence in Chemical Engineering from the Royal Institute of Technology, Stockholm. Birgitta Stymne Göransson currently works as a professional board member. She is chair of Industri-fonden and Berling Media AB as well as member of the board of Asker AB, Bure Equity AB* and Bentley Endovascular AB.

*Publicly listed company

Marianne Kirkegaard has been a member of the Board since March 2020 and is also chair of the Nomination Committee and member of the Remuneration Committee. Marianne Kirke-gaard is regarded as an independent board member.

The special skills possessed by Marianne Kirkegaard that are important for the performance of her duties as a member of the board in Pandora A/S are her deep international insights in the consumer market, experience advancing the social sustainability agenda as well as her exposure to the full value chain of large corporate multinationals. She brings extensive experience from her executive roles, most recently as global Chief Executive Officer of CSM Bakery Solutions and previous international positions in Unilever plc. and in Carlsberg A/S.

Marianne Kirkegaard holds a Master in Economics from Aarhus University and an MBA in Business administration from Copenhagen Business School. She is Managing Director in Rhône Group as well as board member in Faerch Group, Illycaffè, Orkla Food Ingredients and Wahoo Fitness.

Catherine Spindler has been a member of the Board since March 2020. Catherine Spindler is regarded as an independent board member.

The special skills possessed by Catherine Spindler that are important for the performance of her duties as a member of the Board of Pandora A/S are international brand strategy, digital transformation and a vast experience in beauty and cosmetics, high-growth pureplay digital environments and lifestyle apparel retail. She has played a vital role in advancing Lacoste’s sustainability initiatives, including reducing carbon emissions and environmental footprint per product sold. Catherine Spindler serves as President of Sephora Europe & Middle East and is a part of Sephora Global Leadership Team. She brings significant customer and mar-keting experience from her previous positions in Lacoste, Guerlain Parfums (LVMH Group), Yves Rocher Group and Vente Privee.com.

Catherine Spindler is a graduate in Marketing from EDHEC Business School, France.

Jan Zijderveld has been a member of the Board since March 2021 and is also member of the Remuneration Committee and Audit Committee. Jan Zijderveld is regarded as an independ-ent board member.

The special skills possessed by Jan Zijderveld that are important for the performance of his duties as a member of the board in Pandora A/S are his deep international insights in the consumer market, extensive experience advancing environmental and social sustainability and technology, as well as comprehensive knowledge of sustainability across the full value chain together with his exposure to the full value chain as CEO of many businesses in many countries. He brings valuable experience from previous positions within the Unilever group over a 30-year period spanning 4 continents with as last role as President Europe and mem-ber of the Executive Board and concluding his executive career as Chief Executive Officer of Avon in 2020.

Jan Zijderveld holds a degree in Business Management from the University of Waikato, New Zealand. He is a board member in Koninklijke Ahold Delhaize N.V.* and Symrise AG*. Further he serves as Senior Advisor to a number of private equity firms. 

*Publicly listed company

Lilian Fossum Biner has been a member of the Board since March 2023 and is also chair of the Audit Committee. Lilian Fossum Biner is regarded as an independent board member.

The special skills possessed by Lilian Fossum Biner that are important for the performance of her duties as a member of the board in Pandora A/S are her senior management level experi-ence from retail and consumer goods companies, and operational experience from strategy, finance and sustainability. She serves on a foundation board, funding initiatives in health re-search, climate and education and brings valuable experience from her 20 years track record from mid and large cap non-executive board positions in several large corporations in listed and private environments.

Lilian Fossum Biner holds a Master of Science from Stockholm School of Economics. She is a board member in Carlsberg A/S*, Alfa Laval AB*, Scania AB, and Röko AB.

*Publicly listed company

Lars Sandahl Sørensen has been a member of the Board since August 2025. Lars Sandahl Sørensen is regarded as an independent board member.

The special skills possessed by Lars Sandahl Sørensen that are important for the performance of his duties as a member of the Board of Pandora A/S include his extensive experience as a CEO, senior executive and non-executive board member, both nationally and internationally, leading strategic growth and transformation in highly competitive international environments and businesses. Furthermore, he has been actively involved in companies with notable sus-tainability agendas. This includes his responsibility for SAS’ sustainability and ESG transfor-mation, as well as his significant contributions to Danish and EU policy development and implementation strategies in the field of sustainability and ESG.

Lars Sandahl Sørensen holds an international education in management, strategy, finance, and economics from St. Cloud State University, Kansai Gaidai and Stanford University Gradu-ate School of Business.

Lars Sandahl Sørensen has profound experience with top-level management. He is CEO of The Confederation of Danish Industry (DI) and is chair of the board of A/S af 3. Juni 1986, deputy chair of PensionDanmark Holding A/S and PensionDanmark Pensionsforsikringsaktie-selskab as well as member of the board of and Københavns Lufthavne A/S*.

*Publicly listed company