Investor AB Investor Day Presentation Deck

34 Grow Net Asset Value SEK m 600 000 500 000 400 000 300 000 200 000 100 000 0 2015 2016 14% Average annualized NAV growth, including dividend added back 11% Average annualized TSR (SIXRX) Miren 8-9% Annual return requirement I I 2017 2018 2019 2020 YTD D investor

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