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2016-05-19

NNIT A/S: PANDORA selects NNIT to run its global IT operations

Press release

PANDORA selects NNIT to run its global IT operations

NNIT takes over the IT setup for PANDORA, supporting the global jewelry
company to continue its international expansion on one, shared IT platform

Copenhagen, May 19, 2016
- NNIT, a leading provider of IT services and consultancy, announces that on
April 29th, it has signed an agreement with PANDORA, covering global IT
operations and support for the renowned, Danish jewelry company.

PANDORA is currently sold in more than 100 countries across the globe from
more than 9,300 points of sale including around 1,800 PANDORA concept stores.
The agreement means that PANDORA's IT operations will be handled by NNIT,
including a global shared IT platform running the ERP system, Dynamics AX.

The agreement with NNIT is part of PANDORA's efforts to build a scalable and
robust platform to support the company's growth strategy. Besides a robust IT
platform, NNIT will deliver onsite support for stores and offices across the
globe. The agreement, which amounts in the mid three-digit DKKm range,
initially runs for five years with an option of a two-year extension.

"Running a global jewelry business requires an IT platform and 24/7 support
that sustains our growth strategy and global activities. With NNIT we have
chosen a partner, who not only supports our technological demands but more
importantly our future growth through the delivery of high-quality IT
services," says Peter Vekslund, CFO at PANDORA.

President and CEO at NNIT, Per Kogut, says: "We are very proud to include
PANDORA into our portfolio of prestigious clients. PANDORA is the story of a
successful, Danish jewelry business that has managed to expand globally, and
we look forward to support their further expansion."

Jacob Hahn Michelsen, Senior Vice President and Head of Sales in NNIT,
continues: "The agreement demonstrates NNIT's ability to handle retail
clients who depend on a stable and secure ERP system. We understand the
processes and support our clients on their growth journey."

This press release expands upon company announcement no. 06/2016, issued on
April 29, 2016.

More information

Helga Heyn, NNIT Communications, +45 30 77 81 41,hhey@nnit.com

About Pandora

PANDORA designs, manufactures and markets hand-finished and contemporary
jewellery made from high-quality materials at affordable prices. PANDORA
jewellery is sold in more than 100 countries on six continents through
approximately 9,300 points of sale, including around 1,800 concept stores.
Founded in 1982 and headquartered in Copenhagen, Denmark, PANDORA employs
more than 16,700 people worldwide of whom approximately 11,000 are located in
Gemopolis, Thailand, where the company manufactures its jewellery. PANDORA is
publicly listed on the NASDAQ Copenhagen stock exchange in Denmark. In 2015,
PANDORA's total revenue was DKK 16.7 billion (approximately EUR 2.2 billion).

About NNIT

NNIT A/S is one of Denmark's leading IT service providers and consultancies.
NNIT A/S offers a wide range of IT services and solutions to its customers,
primarily in the life sciences sector in Denmark and internationally and to
customers in the public, enterprise and finance sectors in Denmark. As of
December 31, 2015, NNIT A/S had 2,538 employees. For more information please
visitwww.nnit.com.

PANDORA selects NNIT to run its global IT operations
http://hugin.info/163771/R/2013804/746421.pdf

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This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: NNIT A/S via Globenewswire

HUG#2013804

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