Kinnevik Results Presentation Deck

Intro ENVIRONMENT Material Topics "We have high ambitions in sustainability because we fundamentally believe it builds better busi- nesses and creates superior shareholder value. We have seen it time and time again, the companies that operate in a sustainable manner offer better products and services to their customers, are more appealing to employees, and ultimately outperform their competitors in the long run." Georgi Ganev, CEO of Kinnevik Environmental Responsibility and Reduced Climate Impact KINNEVIK PUBLISHED THE SUSTAINABILITY REPORT 2021 • Greenhouse Gas Emissions • Use of Resources Sustainability Targets Net Asset Value • Net zero greenhouse gas emissions from Kinnevik's operations excluding the portfolio from 2020 and onward • 50% reduction in greenhouse gas emission intensity in Kinnevik's portfolio by 2030 compared to 2020 KINNEVIK SOCIETY Social Equality and Good Corporate Citizenship • Human Rights • Business Ethics • Well-being & Personal Development. • Health & Safety • Diversity & Inclusion • Community Outreach • 40/60 gender composition in all Kinnevik teams by 2022 Portfolio Overview • Measure all managers on inclusive leadership annually • 10% of capital invested per year into new companies should go to female founded or led companies • Follow-on investments conditional upon clear D&I progress Interim Report Q1 2022 GOVERNANCE Sound Governance Structures and Economic Growth • Corporate Governance. • Risk Management • Compliance Economic Growth Sustainability ENVIRONMENT GOVERNANCE • Deliver an annual total sharehol- der return of 12-15% over the business cycle • 5 percentage point improvement in annual average ESG score across portfolio Financial Statements SOCIETY Other Highlights from the Sustainability Report 2021 We continued the roll-out of our climate strategy across the portfolio. Per end of 2021, companies representing 52% of portfolio value have measured their emissions in Scope 1, 2 and relevant scope 3 categories in accordance with the GHG Protocol, compared to 28% at the end of 2020 on a comparative basis We provided hands-on support to many of our companies in implementing forward-leaning Diversity & Inclusion stra- tegies. In addition, 24% of Kinnevik's investments into new companies during 2021 was invested in female founded companies, compared to our target of 10%. In February 2022, we announced updated and more ambitious Diver- sity & Inclusion targets to address a broader approach to diversity and the importance of inclusion of all We continued to improve the governance structures across the portfolio, with a particular focus on new companies. In 2021, the annual average ESG score increased by 12 per- centage points on a comparative basis In November 2021, Kinnevik published a Sustainability- Linked Financing Framework as a next step in integrating our commitment and ambition to be a sustainability leader into our financing solutions. The final redemption prices of the bonds depend on Kinnevik's ability to meet annual sus- tainability performance targets The full Annual & Sustainability Report for 2021 is available on www.kinnevik.com. 19

View entire presentation