Kinnevik Results Presentation Deck

WE MADE A FOLLOW-ON INVESTMENT IN LUNAR AS IT CONTINUES TO GROW ORGANICALLY, LAUNCH NEW PRODUCTS AND EXPAND THROUGH ACQUISITIONS Doubling Down in the Leading Nordic Challenger Bank Jul 2021: Kinnevik's first investment into Lunar Mar 2022: Kinnevik participates in Lunar's Series D-2 funding round GG Mar 2022: Lunar offers to buy all shares of Norwegian digital bank Instabank Lunar "When we first invested in Lunar last year, we did so out of a firm belief that Lunar has all the ingredients to be a category winner, as the leading challenger bank in the Nordics and the only cloud- based digital banking platform to be granted a banking licence in the Nordics. The company's rapidly growing customer base of loyal users, plus it's plans for more exciting acquisitions, such as recently announced Instabank, have positioned the company for long-term success." Georgi Ganev, Kinnevik's CEO I Ken Villum Klausen Founder and CEO LUNARⓇ Lunar is a financial technology company that lets consumers and businesses handle everything money in one place Kinnevik made a follow-on investment of SEK 211m Kinnevik participated in the EUR 70m Series D-2 funding round, bringing the Series D total to EUR 280m The new funding will enable Lunar to keep momentum in its Nordic expansion. In the first months of 2022, the company launched a new Nordic crypto platform, enabled its business customers to accept and track card payments in their webshop, and Lunar anticipate M&A activities to complement its Nordic offering 5 KINNEVIK

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