Kinnevik Results Presentation Deck slide image

Kinnevik Results Presentation Deck

FINANCIAL SERVICES HAS BEEN NEGATIVELY IMPACTED BY HIGH MARKET VOLATILITY ► The dramatic correction in the equity markets has negatively impacted AUM, but the company has a loyal customer base and is seeing a steady inflow of deposits ■ Betterment's short-term performance and AUM has been negatively impacted by the extreme market volatility However, the company has a loyal and engaged customer base and a steady inflow of deposits and engagement Has implemented measures to save costs in the short-term Assets Under Management (USDbn) Better ment 16.6 17.7 19.5 21.5 18.4 Q1 Q2 Q3 Q4 Q1 2019 2019 2019 2019 2020 Customers ('000) 420 Q1 2019 437 465 480 506 Q2 Q3 Q4 Q1 2019 2019 2019 2020 Market volatility is negatively impacting our financial services companies, but Betterment has a loyal customer base and a continued steady inflow of deposits 8 KINNEVIK
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