Kinnevik Results Presentation Deck

Intro Net Asset Value (SEK) 55.5bn Key Financial Data SEKM Net Asset Value Net Asset Value per Share, SEK Share Price, SEK Net Cash/ (Debt) CAPTURING OPPORTUNITIES IN A RISK-OFF ENVIRONMENT WHILE MAINTAINING OUR FINANCIAL RESILIENCE SEKM Net Asset Value Net Profit/(Loss) Net Profit / (Loss) per Share Pre Dilution, SEK Net Profit /(Loss) per Share Post Dilution, SEK Change in Fair Value of Financial Assets Dividends Received Dividend Paid Investments Divestments KINNEVIK Portfolio Overview Interim Report Q1 2023 Change in NAV Q/Q +5% 31 Mar 2023 55 460 198.02 154.55 10 506 Q1 2023 2 546 9.09 9.09 2 559 814 -1 020 Change in NAVY/Y (18)% 31 Dec 2022 52 906 188.90 143.50 10 387 Q1 2022 -4 541 -16.29 -16.29 Sustainability -4 589 1 658 -1 015 31 Mar 2022 67 859 243.50 247.05 4977 FY 2022 -19 519 -69.83 -69.83 -22 856 3 538 Financial Statements 5 742 -7 043 Other One-Year TSR (37)% Five-Year Annualised TSR +5% "In the first quarter, we made headway on our 2023 priorities. We invested significant capital to accrete ownership in Spring Health and Agreena two of the most promising companies in our portfolio - and financed these investments by exiting our remaining shareholding in Teladoc - ending the quarter with a net cash position remaining above SEK 10bn." Georgi Ganev CEO of Kinnevik 2

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