Kinnevik Results Presentation Deck

Intro Net Asset Value market. Using machine learning, computing power and human understanding, Enveda has created a chemical 'search engine' which attempts to tackle some of the toughest problems in drug discovery by finding answers in natural compounds. The company was founded in 2019 and while still early in its growth journey, we are impressed by the platform it has built and by the founder's vision and drive to build a truly impactful company. Recognition of Our Leadership in Diversity and Inclusion For the third year in a row, Kinnevik ranked first in the VC category in the Honordex Inclusive PE & VC Index, having increased our score each year. In addition, Equileap ranked Kinnevik as the only investor among the top companies in Sweden for gender equality, and we were the second ranked company globally for our equal parental leave policy. These recognitions are a testament to our hard work, dedication and commitment towards equality, diversity and inclusion. Concluding Remarks At Kinnevik, we are proud of our ability to support compa- nies over the long-term. While financial resilience is vital, we continue to support and push our companies to remain aggressive, challenging and innovative to ensure that their customer offerings remain relevant not only in the next quarter, but for the next ten years. As shown with our investments into Spring Health and Agreena, we are able to finance this push and accrete ownership in our highest-conviction businesses during a period of more balanced valuations. We hope to repeat these accomplishments at other investees during KINNEVIK Interim Report - Q1 2023 Portfolio Overview Sustainability 10.5bn Kinnevik's net cash position (SEK) As shown with our investments into Spring Health and Agreena, we are able to accrete ownership in our highest-conviction businesses during a period of more balanced valuations Financial Statements Other 2023, and capture opportunities to maximize the impact of our highest-conviction investments during a period of risk-off sentiment. We are grateful for the strong support from our share- holders to continue executing on our shorter-term priorities and longer-term strategy, and we look forward to meeting many of you at our Annual General Meeting in Stockholm on the 8th of May. Georgi Ganev CEO of Kinnevik 5

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