Kinnevik Results Presentation Deck

Intro OTHER PORTFOLIO Enables mobile and fixed connectivity, telephony, data, TV and streaming Fair Value SEK 26.7bn Kinnevik Stake 27% Net Asset Value The leading fashion and lifestyle retail destination in growth markets Fair Value SEK 1.4bn Kinnevik Stake 36% KINNEVIK Interim Report. Q1 2022 Revenue (SEKbn) 6.9 Q4 2020 EMERGING MARKETS 6.6 2.0 Q1 2021 Q4 2020 Portfolio Overview 2.0 Q1 2021 6.6 Net Merchandise Value LTM (EURbn) Q2 2021 2.2 6.6 Q2 2021 Q3 2021 2.2 Q3 2021 7.0 TELE2 ..... Q4 2021 OFG 2.4 Q4 2021 Sustainability Adjusted EBITDAaL Margin 34% Q4 2020 GLOBAL FASHION GROUP 1.2% 34% Q4 2020 Q1 2021 Adjusted EBITDA Margin LTM 2.0% 36% Q1 2021 Q2 2021 2.0% Q2 2021 Financial Statements 39% Q3 2021 0.8% Q3 2021 34% Q4 2021 0.9% Q4 2021 Revenue Generating Units Sweden and the Baltics (m) 9.3 Q4 2020 Other 16.3 Q4 2020 9.3 Active Customers (m) Q1 2021 16.7 Q1 2021 9.3 Q2 2021 17.0 Q2 2021 9.4 Q3 2021 16.9 Q3 2021 9.4 Q4 2021 17.0 Q4 2021 18

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