Kinnevik Investor Event Presentation Deck

OUR CLIMATE TECH PORTFOLIO ALSO INCLUDES VAY AND AGREENA Recently became the 1st company to teledrive on European public roads without a safety driver Product Market Focus Areas Funding Requirements ■ ■ I vay Overview Vay is creating a proprietary teledriving platform that allows drivers in central teledriving hub to remotely drive connected fully electric cars on public roads The company enables a more efficient use of cars which leads to the total emissions reduction The global urban mobility sector is a €4.2tn market, which has already seen, and will continue to experience tectonic shifts in response to changes in consumer preferences and technology advances Getting the green light from authorities to launch a small commercial service in Germany and/or the US Further building out the organisation, processes and team Strong funding position with ~2 years of runway Notes: ¹MRV = Measurement, Reporting and Verification vay ■ ■ ■ Agreena Overview Has scaled the number of hectares by 10x during 2022 Direct-to-farmer, vertically integrated, platform to help farmers transition to regenerative ag by providing a secondary carbon finance revenue stream via the voluntary carbon market (VCM) Regenerative ag restore the soil and capture carbon (via reduced tillage, crop rotation, organic fertilizers etc.) World-leading MRV software uses ground-truth data, satellites and Al to ensure scalable detection and trustworthy transition Reaching the 1.5-degree target require negative emissions Regenerative farming can remove 100-500 MT CO₂ every year The VCM is currently worth +2bn USD and expected to be worth upward of USD 50bn by 2030 Scale platform to farmers across Europe and globally Product development to strengthen farmer experience and MRV Asset light model with strong funding position and >1 year of runway 13 KINNEVIK

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