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Kinnevik Investor Event Presentation Deck

FOUR YEARS INTO OUR TENURE, BUDBEE IS ENTERING A SYNERGISTIC MERGER WITH INSTABOX, WITH THEIR COMPLEMENTARY OFFERINGS AND FOOTPRINTS budbee instabox budbee I || IV OX Budbee & Instabox Proposed Merger 18bn Combined Value (SEK) 13% Kinnevik Stake Complementary product offerings (home delivery and boxes) Potential to consolidate infrastructure in core overlapping markets Complementary footprint outside of core overlapping markets Strong cap table with supportive shareholder base Budbee & Instabox Present Budbee Present Instabox Present 24 KINNEVIK

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