Kinnevik Results Presentation Deck

Intro OTHER PORTFOLIO Enables mobile and fixed connectivity, telephony, data, TV and streaming Public company Fair Value SEK 11.8bn Kinnevik Stake 20% Net Asset Value The leading fashion and lifestyle retail destination in growth markets Public company, results excl. CIS Fair Value SEK 1.0bn Kinnevik Stake 36% KINNEVIK Interim Report - Q4 2022 Revenue (SEKbn) 7.0 Q4 2021 EMERGING MARKETS 6.7 Portfolio Overview Q1 2022 357 6.8 399 Q2 2022 7.1 Net Merchandise Value LTM (EURbn) 1,055 Q3 2022 TELE2 ..... 7.5 Sustainability Q4 2022 OFG Adjusted EBITDAaL Margin 34% Q4 2021 GLOBAL FASHION GROUP 37% -5.9% Q1 2022 36% Adjusted EBITDA Margin LTM -5.8% Q2 2022 Financial Statements -3.9% 37% Q3 2022 33% Q4 2022 -4.6% Revenue Generating Units Sweden and the Baltics (m) 9.4 Q4 2021 Other 13.4 9.4 Q1 2022 Active Customers (m) 11.9 9.5 Q2 2022 13.4 9.6 Q3 2022 9.5 Q4 2022 11.9 17

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