Kinnevik Results Presentation Deck

Intro Net Asset Value American business magazine Fortune's Most Powerful Women list ranks the most influential executives in global business. Some of the leaders of tomorrow's big businesses, however, are for now running still-private startups. To reflect that future, Fortune this year published a list of some of the most influential women leaders working across startups. Two founders in Kinnevik's portfolio were inclu- ded in the list this year, Toyin Ajayi and April Koh. KINNEVIK Portfolio Overview Investments into female founded businesses remains small: in the US market, mixed-gender founding teams took in 14.8% of VC dollars last year, while female- only founding teams claimed 2.4%, according to PitchBook. The trend is similar throughout Europe. TWO KINNEVIK FOUNDERS INCLUDED IN FORTUNE'S LIST OF THE 15 MOST POWERFUL WOMEN IN STARTUPS H cityblock Interim Report Q3 2022 Sustainability Toyin Ajayi Co-founder and CEO of Cityblock Financial Statements Other "We couldn't be more proud that not one, but two of our incredible female foun- ders made Fortune's list of the 15 most powerful women in startups. Toyin Ajayi and April Koh, we're honored to support you and your businesses as you work to make mental and physical healthcare more accessible for all. We can't wait to see where you take Cityblock Health and Spring Health next. And of course, congra- tulations to all of the amazing women on the list - you're an inspiration to founders everywhere." spring health Georgi Ganev, CEO of Kinnevik April Koh Co-founder and CEO of Spring Health 19

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