Kinnevik Results Presentation Deck

WE CONTINUE OUR PIVOT, AND OUR GROWTH PORTFOLIO HAS GAINED 29% PERCENT IN VALUE DURING THE FIRST HALF OF 2021 zalando babylon PLEO budbee Teladoc superb Parsley Health Note: DIVERSITY VC STANDARD SEPT Haga Initiative Business Climate Leaders Highlights of The Quarter We distributed our Zalando investment to our shareholders Babylon will become a public company through merging with the SPAC Alkuri Global Acquisition Corp. Q2 2021 Pleo raised USD 150m in a funding round that firmly places the company among Europe's fintech breakout companies, in which we participated with USD 27m at a significantly increased valuation We saw a large uplift in the valuation of Budbee reflective of investor appetite in last mile e-commerce delivery businesses and a continued strong operational performance Our NAV was negatively impacted by Teladoc trading down 10 percent We led a EUR 12m funding round in Superb, the first all-in-one guest experience management platform for restaurants We invested USD 23m into Parsley Health, a holistic virtual-first consumer subscription service that offers personalised doctor-led care and support for chronic conditions for women Women now make up 38% of our investment team Kinnevik was awarded a green light by Hagainitiativet Net Asset Value pro forma Zalando and adjusted for Other Net Assets/Liabilities of SEK (0.7)bn in 2020 Q4, 2021 Q1 and 2021 Q2 Net Asset Value Public, Private, Net Cash / (Debt), SEKbn 53.9 34.7 13.8 5.5 2020 Q2 734 62.3 Investments 40.6 17.6 4.8 2020 Q4 (43) 71.4 43.0 3 25.2 Investment Activity Q2 2021, SEKm 3.9 2021 Q1 76.2 42.8 29.7 4.3 2021 Q2 691 Divestments Net Investments Ο) ΚΙΝΝEVIK

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