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Kinnevik Investor Event Presentation Deck

OUR SUCCESSES AT BUDBEE AND PLEO SERVE AS A TESTAMENT TO THE POWER OF OUR ABILITY TO INVEST EARLY IN OUR HOME MARKET AND THEN FOLLOW ON budbee budbee 80 80 2018 126 5.3x Return on Investment to Date From a SEK 80m investment to a SEK 2.4bn carrying value 224 2019 337 769 2020 337 1,309 2018 Nordic Cohort Aggregate Investments and Fair Value (SEKm) 2021 452 2,415 2022 Q3 PLEO 67 68 2018 153 5.7x Return on Investment to Date From a SEK 67m investment to a SEK 3.7bn carrying value 345 2019 153 407 2020 646 5,884 2021 We are delighted to be able to offer Kinnevik's shareholders access to emerging innovative winners 23 646 3,719 2022 Q3 KINNEVIK

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