Kinnevik Results Presentation Deck

Intro PLATFORMS & MARKETPLACES The leading online grocery store in Norway, with the ambition to make grocery shopping an effort- less activity Fair Value, SEK Kinnevik Stake Net Asset Value 772m 27% Fair Value, SEK 252m Kinnevik Stake 31% KINNEVIK Sweden's leading online grocer offering a wide assortment through 2,648 its state-of-the-art e-commerce platform Interim Report Q1 2023 2,484 Revenues LTM (NOKm) Q4 2021 Portfolio Overview Q4 2021 2,509 Q1 2022 oda Revenues LTM (SEKm) 2,545 Q1 2022 2,642 Q2 2022 Mathem 2,482 2,781 Q2 2022 Q3 2022 2,494 Q3 2022 2,911 Q4 2022 2,515 Q4 2022 Sustainability Number of Completed Deliveries LTM (m) 2.0 Q4 2021 2.3 2.1 Q4 2021 Q1 2022 2.2 2.3 Q1 2022 Q2 2022 Number of Completed Deliveries LTM (m) Financial Statements 2.1 Q2 2022 2.4 Q3 2022 2.2 Q3 2022 2.5 Q4 2022 2.1 Q4 2022 Other b P Instebee is a customer centric last- mile logistics platform specialized for e-commerce businesses 1.5bn Fair Value, SEK Kinnevik Stake 13% Revenue Growth 2022 Pro forma for Instabee Merger D >50% 12

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