Kinnevik Results Presentation Deck

OUR NET ASSET VALUE IS UP SEK 24.7 BN, OR 38%, IN THE QUARTER, DRIVEN BY A REBOUND IN CONSUMER SERVICES AND STRONG PERFORMANCE IN HEALTHCARE 64.9 2.6 24.8 7.4 2.6 28.8 Q1 2020 (1.5) 235 19.2 Rebound • Consumer Services Financial Services Healthcare Services TMT. Emerging Markets Net Cash / (Debt) NAV Per Share, SEK Zalando & GFG (1.1) Net Asset Value Development Tele2 6.9 More Resilient Healthcare 0.2 Online Food & Last Mile (0.1) (0.4) Less Resilient Other Developed Markets Emerging Markets (7.0) Net Investments NAV Up 38% 89.6 2.3 23.2 14.7 2.5 41.4 Q2 2020 5.5 323 10 Up 5% MTD 93.7 2.3 22.8 18.1 2.5 42.6 Listed per Last Close 5.5 338 KINNEVIK

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