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• Purchase • Sale • Planned purchase • Planned sale Net purchase Net sale Earnings

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Abbreviations B: Buy, S: Sell, PP: Planned purchase, PS: Planned sale, O: Option / Other

Notification date	Transaction date	B/S Transaction type	Nb. shares Price Value	Number of shares	Price	Value	Details
2018-11-20	2018-11-16	Pandora Media LLC (P)	S Sale	9,454 -1.6% 8.90 USD 84,154	9,454 -1.6%	8.90	USD 84,154
2018-08-20	2018-08-16	Pandora Media LLC (P)	S Sale	36,577 -6.0% 8.16 USD 298,633	36,577 -6.0%	8.16	USD 298,633
2018-05-18	2018-05-16	Pandora Media LLC (P)	S Sale	7,082 -1.1% 7.40 USD 52,386	7,082 -1.1%	7.40	USD 52,386
2018-02-21	2018-02-16	Pandora Media LLC (P)	S Sale	10,135 -1.9% 5.07 USD 51,335	10,135 -1.9%	5.07	USD 51,335
2017-08-17	2017-08-16	Pandora Media LLC (P)	S Sale	9,959 -2.7% 8.42 USD 83,878	9,959 -2.7%	8.42	USD 83,878
2017-05-18	2017-05-16	Pandora Media LLC (P)	S Sale	8,103 -3.1% 9.38 USD 76,037	8,103 -3.1%	9.38	USD 76,037
2017-02-21	2017-02-16	Pandora Media LLC (P)	S Sale	20,580 -8.2% 12.97 USD 266,951	20,580 -8.2%	12.97	USD 266,951