Kinnevik Results Presentation Deck slide image

Kinnevik Results Presentation Deck

Intro Net Asset Value Portfolio Overview Sustainability One of Kinnevik's climate targets is to reduce greenhouse gas emission intensity in our portfolio by 50% by 2030, with 2020 as base year. The target has been integrated into our Sustainability-Linked Financing Framework and translated to an annual reduction target, na- mely, to achieve a reduction in portfolio emissions intensity of 7% year-over-year until 2030. WE PUBLISHED OUR YEARLY CLIMATE PROGRESS REPORT In 2022, on a fair value basis, the year-over-year decrease in portfolio emissions intensity was 14%. Since the base year 2020, the average annual decrease in emissions intensity was 12%. Thus, in 2022 we exceeded our target both year-over-year and on average an- nual basis. KINNEVIK Georgi Ganev, Kinnevik's CEO, commented: "The urgency of the climate crisis is evident and the expectations on companies from custo- mers, employees, investors and regulators are increasing rapidly. I'm proud of our portfolio companies' ability to continue scaling and contributing to economic growth, while decreasing their dependency on fossil fuels and aligning their operations with a low-carbon economy." The Climate Progress Report also includes an overview of the total estimated emissions from Kinnevik's portfolio. The overview includes the actual emissions from our emissions- reporting companies (scope 1, 2 and 3) and an estimate of the emissions from our largest non-reporting portfolio companies (scope 1 and 2, consistent with the PCAF Standard). The full report is available on our website www.kinnevik.com. Interim Report. Q2 2023 Financial Statements Other 14% Year-over-year decrease in emissions intensity Six companies were included in the target calculation 2022, representing 35% of Kinnevik's portfolio value per 31 December 2022. 20
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