Kinnevik Results Presentation Deck

WE SEE SIGNIFICANT OPPORTUNITIES IN THE INTERSECTION OF VIRTUAL AND VALUE- BASED CARE, AND AIM TO REPEAT OUR SUCCESS IN VIRTUAL SPECIALITY CARE I babylon This Quarter in Healthcare Going public Scalable, digital-first, value-based care provider Eight years after being founded by Ali Parsa, Babylon is becoming a listed company through a SPAC merger with Alkuri, raising USD 575m in gross proceeds The transaction implies a USD 4.2bn valuation, corresponding to a 5.5x return and a 65% IRR since we first backed the company back in 2016 Babylon covers 24 million lives, with 90,000 capitated lives in the US, and helps a patient every 5 seconds Source: Babylon investor announcement presentation, June 2021 Healthcare Services Supported by the capital raised, Babylon will continue to expand its services both with existing and new clients, focusing on rapidly scaling its US operations I ■ ■ Parsley Health New Holistic health platform for women's chronic conditions Parsley Health is a virtual-first consumer subscription service founded by Robin Berzin, caring for and supporting chronic conditions for women - a notoriously underinvested area of healthcare We led the company's recent funding round with a USD 23m investment after having spent several years looking at companies in the women's health space Robin's business represents the future of virtual care delivering peronalised, tailor made experiences to patients in a longitudinal care model that lets patients engage with the same physician over time We will actively work to support the company, drawing on our extensive experience in building condition-specific virtual care companies Our healthcare portfolio continues to evolve and adapt to a rapidly evolving landscape of services and delivery models, and we have seen close to SEK 25bn in value creation since our first investment in Babylon in early 2016 5 KINNEVIK

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