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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
2018-08-20	2018-08-16	Pandora Media LLC (P)	S Sale	41,409 -5.6% 8.16 USD 338,084	41,409 -5.6%	8.16	USD 338,084
2018-05-18	2018-05-16	Pandora Media LLC (P)	S Sale	8,188 -1.1% 7.40 USD 60,567	8,188 -1.1%	7.40	USD 60,567
2018-02-21	2018-02-16	Pandora Media LLC (P)	S Sale	13,582 -2.1% 5.07 USD 68,794	13,582 -2.1%	5.07	USD 68,794
2017-08-17	2017-08-16	Pandora Media LLC (P)	S Sale	10,322 -2.4% 8.42 USD 86,935	10,322 -2.4%	8.42	USD 86,935
2017-05-18	2017-05-16	Pandora Media LLC (P)	S Sale	10,295 -3.2% 9.38 USD 96,606	10,295 -3.2%	9.38	USD 96,606
2017-02-21	2017-02-16	Pandora Media LLC (P)	S Sale	22,677 -8.0% 12.97 USD 294,152	22,677 -8.0%	12.97	USD 294,152
2016-07-26	2016-07-25	Pandora Media LLC (P)	PS Planned sale	12,274 -4.1% 12.15 USD 149,129	12,274 -4.1%	12.15	USD 149,129