Kinnevik Results Presentation Deck

Intro TELE2 Enables mobile and fixed con- nectivity, telephony, data, TV and streaming Public company Fair Value, SEK 12.3bn Kinnevik Stake 20% Net Asset Value The leading fashion and life- style retail destination in growth markets Public company (Results excluding CIS) Fair Value, SEK Kinnevik Stake KINNEVIK 569m 35% Interim Report Q2 2023 Revenue (SEKbn) 6.7 EMERGING MARKETS Q1 2022 6.8 327 Portfolio Overview Q2 2022 Q1 2022 Net Merchandise Value (EURbn) 303 7.1 Q1 2023 Q3 2022 7.5 1,529 2021 Q4 2022 7.0 TELE2 ..... Q1 2023 Sustainability OFG 1,615 2022 Adjusted EBITDAaL Margin 37% Q1 2022 GLOBAL FASHION GROUP -7% 36% Q1 2022 Q2 2022 Adjusted EBITDA Margin -12% 37% Q1 2023 Q3 2022 Financial Statements -1.8% 2021 33% Q4 2022 36% Q1 2023 -3.7% 2022 Revenue Generating Units Sweden and the Baltics (m) 9.4 Q1 2022 Other 13.1 Q1 2022 9.5 Active Customers (m) Q2 2022 10.7 Q1 2023 9.6 Q3 2022 13.4 2021 9.5 Q4 2022 9.5 Q1 2023 11.2 2022 18

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