Kinnevik Results Presentation Deck

Intro Net Asset Value HIGHLIGHTS IN THE QUARTER Key Events Budbee and Instabox announced they are joining forces in the new combined company Instabee, creating a new group with the power to invest in, and push the boundaries of, consumer-centric and sustainable last-mile delivery services for the e-commerce sector in Europe We invested USD 50m into Solugen, the industrial green chemicals platform providing cheaper, safer chemicals without using fossil fuels. This is Kinnevik's first sizeable investment into climate tech Monese announced a USD 35m investment by HSBC as part of a broader, strategic partnership that will focus on Monese's industry-leading, cloud-based Platform as a Service business KINNEVIK Portfolio Overview Interim Report Q3 2022 Investment Management Activities We invested SEK 1.0bn during the quarter, of which SEK 508m into Solugen ● ● Sustainability ● For the first nine months of 2022, we have invested SEK 3.2bn in aggregate Financial Position NAV of SEK 58.0bn (SEK 207 per share), down SEK 3.2bn or 5% in the quarter and SEK 14.4bn or 20% year-to-date Net cash position of SEK 12.5bn, corresponding to 27% of port- folio value by quarter-end Financial Statements Other Events After the Quarter In October, we invested EUR 25m into H2 Green Steel, the Swedish producer of green steel reducing carbon emissions by up to 95 percent compared to traditional steelmaking Kinnevik's ambition is to be Europe's leading listed growth investor, and we back the best digital companies for a reimagined everyday and to deliver significant returns. We understand complex and fast-changing consumer behaviours, and have a strong and expanding portfolio in healthtech, consumer services, foodtech and fintech. As a long-term investor, we strongly believe that investing in sustainable business models and diverse teams will bring the greatest returns for shareholders. We back our companies at every stage of their journey and invest in Europe, with a focus on the Nordics, and in the US. Kinnevik was founded in 1936 by the Stenbeck, Klingspor and von Horn families. Kinnevik's shares are listed on Nasdaq Stockholm's list for large cap companies under the ticker codes KINVA and KINV B. Organisation In September, Kinnevik announced that Samuel Sjöström will assume the position as Chief Financial Officer effective from 1 November 2022, replacing Erika Söderberg Johnson who will move into a role as Senior Advisor 3

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