Kinnevik Results Presentation Deck

Intro FINANCIAL REVIEW Investee (SEKm) Agreena Budbee Carbon Direct II Common. Gordian Joint Academy Lunar Mathem Oda Omio Omnipresent Quit Genius SafetyWing Solugen Town Hall Ventures III Transcarent TravelPerk Other Investments Teladoc Tele2 Other Divestments Net Investments / (Divestments) Net Asset Value KINNEVIK Q3 2022 111 1 75 220 77 508 18 11 1 021 1 021 Interim Report Q3 2022 Jan-Sep 2022 127 115 111 68 126 59 286 155 220 32 377 89 177 508 93 546 54 11 3 153 -986 -6 027 -29 -7 043 -3 890 Portfolio Overview Amended Capital Allocation Framework Kinnevik has amended its capital allocation fram- ework to reflect the improvements to the balance of its Growth Portfolio. Going forward, our expectations are to: • Invest half of our capital into first round investments, and the other half into follow-on investments in our existing portfolio ● Sustainability ● ● Add up to eight new companies per year Continue to evolve our thematic and sectorial focus • Seek to build an adequate level of influence in our companies, rather than specific ownership stakes Build and maintain a portfolio across different stages of maturity, with 10-20 companies making up the lion's share of portfolio value Financial Statements Other During the third quarter we invested SEK 1.0bn of which 508m into our new climate tech business Solugen. We also invested SEK 220m into Oda, and committed SEK 111m to Carbon Direct's second fund. In the first nine months of 2022, we have deployed SEK 3.2bn in total, with a 38/62 percent split between existing and new companies. With a vibrant pipeline and a number of ongoing investment processes, we believe we are likely to deploy slightly more than our SEK 5bn target for the full year. 20

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