Kinnevik Results Presentation Deck

Intro CHANGE IN FAIR VALUE OF FINANCIAL ASSETS (SEK M) Alliance Data Babylon Global Fashion Group Teladoc Tele2 Zalando Total Listed Holdings Babylon Betterment Bread Budbee Cedar Cityblock Common HungryPanda Jobandtalent Lunar Mathem Monese Oda Omio Omnipresent Parsley Health Net Asset Value KINNEVIK Q2 2022 Interim Report Q2 2022 -1 457 - 177 -1 221 -4 683 -7 538 20 546 - 223 - 405 - 29 - 73 35 - 278 1 6 - 381 276 5 - 49 Q2 2021 1 161 -1 215 - 150 7831 7 627 1976 82 311 - 46 - 40 -6 4 32 53 - 57 5 6 Portfolio Overview H1 2022 -2 365 -2 386 -1 909 -2 188 -8 848 - 171 546 - 464 -1 077 - 128 - 135 42 - 215 - 555 -9 - 486 265 -4 - 43 H1 2021 28 2 540 -1 648 1 473 4 795 7 186 2131 120 490 1 813 981 24 39 207 50 433 27 6 FY 2021 28 - 1892 - 4 075 - 5 974 3 790 4 795 - 3 329 2 224 546 1 540 1953 2 642 - 52 160 35 20 - 210 70 484 - 17 17 Sustainability Pleo Quit Genius Spring Health Sure Transcarent TravelPerk Village MD Vivino Financial Statements Early Bets & New Ventures Emerging Markets & Other Total Unlisted Holdings Other Contractual Rights Total whereof unrealized gains/losses for as- sets in Level 3 Q2 2022 Pleo Village MD Cityblock Total Effect -831 28 93 46 56 171 -589 52 - 291 -258 -2 073 - 90 -9 701 Q2 2021 -20% 1 252 3 678 3 004 2413 9 095 -2 050 -8 578 - 9 - 3 - 174 3 949 - 126 SENSITIVITY ANALYSIS OF OUR THREE LARGEST UNLISTED ASSETS Fair Value (SEKm) Change in Multiple 11 450 -10% 4 090 344 3 Other 2 689 10 123 -1 022 H1 2022 -1 382 36 120 59 69 220 - 974 67 - 395 - 671 -5 285 - 157 -14 290 -5 442 Actual H1 2021 -2 163 3 805 10 378 Change in unrealized gains or losses for assets in Level 3 for the period are recognised in the Income State- ment as change in fair value of financial assets. 4 502 3 684 2 959 11 145 1 279 345 3 016 46 13 - 678 10 343 56 17 586 +10% FY 2021 4913 4 025 3 229 12 167 1 022 4 983 13 44 18 996 2 926 -76 - 27 - 788 16 502 96 13 269 16 577 +20% 5 325 4 365 3 499 13 189 2044 34

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