Pandora A/S provided fourth quarter and full year of 2020. Based on unaudited numbers, organic growth for fourth quarter of 2020 is expected to be around 3% to 4% concluding the financial year 2020 with organic growth of around -11%. This exceeds both the guidance range of -14% to -­17% communicated in the third quarter of 2020 interim report as well as the expected improvement of at least 1% point above the high end of the guidance communicated on December 30, 2020. Sell-out growth in fourth quarter of 2020 including temporarily closed stores is expected to be around 1%, subject to final review. The full-year EBIT margin, excluding restructuring costs, is, subject to audit, expected to be around 20%, and thus exceeding the guidance range of 17.5% to 19.0%.