Financial

The 401(k) plan is designed to make saving feel doable with no finance degree required! With the 401(k) you can take advantage of plan benefits such as:

• Save automatically from your paycheck.
• Choose pretax or Roth contributions (or both!) depending on your personal situation.
• Grow your savings faster with our match of up to 6% of your pretax contributions—that’s like free money just for contributing!
• Pick your own investments or if you need some guidance, the plan can do it for you.
• Talk one-on-one with a retirement expert at no cost.

You’re eligible for the 401(k) if you are:

• 21 or older
• Full-time or part-time (seasonal employees are not eligible)

You can enroll after your second paycheck, and you can make changes anytime of the year. Pandora’s matching contributions begin after three months of service.

Visit Lincoln Financial to:

• Change your contribution amount.
• Update investments or beneficiaries.
• Check your balance.
• Access quarterly statements.

Choose how much to contribute and what works for you. Remember that small contributions can add up big over time. You can change your contribution amount anytime during the year, but keep these 2026 contribution limits in mind:

• Pretax or Roth contributions: Up to $24,500
• Catch up contributions (age 50+): An extra $8,000
• Total contributions (age 50+): $32,500
• Total limit (employee + employer): $72,000

One of the best parts about the Pandora 401(k) is that we invest in your future, too! Pandora matches 100% of your pretax contributions, up to 6% of your pay.

This match begins after your first three months of employment, and you’re immediately vested in the money we contribute. This means it’s yours to keep—no strings attached!

Even though 6% of your pay may feel like a stretch to contribute, you’ll instantly double your savings when you contribute 6% of your pay.

Both options help you save, but which one you choose affects your taxes in different ways.

Pretax contributions

• Lowers your taxable income today
• Taxes are paid when you withdraw in retirement

Roth contributions

• Taxes are paid now
• Qualified withdrawals in retirement are tax free

Tip: Not sure which to choose? Many employees use a mix, and you can always change your contributions anytime throughout the year.

Does the idea of investing overwhelm you? You have options! Choose the option that best fits your goals, including:

• An all-in-one choice if you want one diversified portfolio managed for you
• Working with a professional to manage your retirement account (fees may apply)
• Managing your account yourself and selecting your own portfolio of investments

Still not sure? If you participate in the plan without selecting investment options, your money will be directed to the Qualified Default Investment Alternative (QDIA) selected by Pandora.

You may qualify for STD if you’re receiving appropriate medical care and following your treatment plan, and you’re unable to earn at least 80% of your regular income in your current role.

An eligible medical reason may include:

• Recovery from surgery
• A serious illness or injury
• Pregnancy, childbirth, and recovery time (as defined by the plan)
• Other conditions supported by medical documentation

STD generally doesn’t cover time off that isn’t medically necessary or conditions that don’t meet the plan’s definition of disability.

Know the difference! If your condition is work-related, you may be covered under Workers’ Compensation instead of STD.

• Benefit percentage: STD replaces 50% of your weekly pay
• Weekly maximum: Up to $200 per week
• Waiting period: 7 days
• Benefit duration: Up to 25 weeks, as long as you remain eligible
• Note: Benefits may be reduced by other income, like state disability benefits or paid time off.

Important to know: If you expect to be out more than a few days, it’s best to start your claim early, even if you don’t have all the documentation ready yet.

The plan includes support to help you return to work safely, including:

• Rehabilitation incentive: May increase your weekly benefit by 10%
• Family care incentive: Reimbursement of up to $100 per week for eligible expenses like child care (after your fourth week of benefits)
• Moving-expense incentive: May be available if relocation is recommended as part of an approved rehabilitation program

When combined with part time earnings and other benefits, your total income may equal up to 100% of your pre-disability pay.