Kinnevik Results Presentation Deck

2022 MULTIPLE CONTRACTION IS REFLECTED IN OUR MARKS, AND OUR INVESTEES CONTINUE TO OUTPACE PEERS ON GROWTH 60% 50% 40% 30% 20% 10% Multiple Contraction in 2022 YTD Peer Average (Grey) & Investee Weighted Average (Colored) Value-Based Virtual Care Care Platforms & Marketplaces Q3 2022 Valuations of Unlisted Assets Multiples & Top-Line Growth Note: Weighted by value as at 30 September 2022 Source: FactSet Software Consumer Finance Revenue Growth in 2022 YTD, Y/Y Peer Average (Grey) & Investee Weighted Average (Colored) ... Platforms & Marketplaces Value-Based Care Virtual Care Software Excluding the valuations underpinned by transactions during the third quarter, our valuation multiples have contracted by almost 50% on average during 2022 to date (42% contraction including these transactions) - more severe than the average peer group contraction of 45% Meanwhile, our investees outpace their valuation peers by >4x on average, growing by >110% Y/Y in 2022 to date (relative to peers at <30%) Consumer Finance 6 225% 200% 175% 150% 125% 100% 75% 50% 25% KINNEVIK

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