Kinnevik Results Presentation Deck

OVER THE LAST 3 YEARS WE HAVE RE-ESTABLISHED KINNEVIK AS A LEADING INVESTOR IN THE NORDICS, WITH A SEK 7.4BN PORTFOLIO OFF A 3.6BN INVESTMENT Our Nordic Portfolio What We've Built Since 2018 ▪ The Nordics is integral to our culture and heritage, and is a region with a thriving tech ecosystem that continuously give birth to new and exciting businesses I ▪ Since 2018, we have built our Nordic presence by investing SEK 3.6bn into 10 new companies spanning food, enablers, healthcare and financial services Concurrently, we have developed a strong network, reputation and brand as a venture and growth investor with strong access to deals and high dependability as a partner ▪ Our 2018 cohort (Budbee, Karma, Oda and Pleo) show class- leading IRR of close to 80% - or >3x our invested capital after only around three years ▪ Our permanent long-term capital means we're best placed to support fast-growth companies over many years and throughout the entirety of their lifecycle Da PLEO budbee >120% Growth 5.0x Return to Date >100% Growth 3.7x Return to Date We're delighted to be able to offer Kinnevik's shareholders access to emerging innovative winners in the Nordics and beyond 6 KINNEVIK

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