Kinnevik

Declaration of Voting Results & Voting Rights Announcements • May 31, 2023

PRESS RELEASE May 31, 2023

INCREASED NUMBER OF SHARES AND VOTES IN KINNEVIK

Kinnevik AB (publ) ("Kinnevik") today announced that as of 31 May 2023 the total number of shares in the company amounts to 281,896,124, and the total number of votes in the company amounts to 585,695,012.

The increase is due to a new issue of 2,010,222 reclassifiable, sub-ordinated, incentive shares of Class C 2023 and Class D 2023, which have been transferred directly or indirectly to participants in Kinnevik's 2023 long-term incentive plan in accordance with the resolutions by the Annual General Meeting.

As of 31 May 2023, the shares in Kinnevik are divided into two classes of ordinary shares and ten classes of incentive shares as follows:

• 33,755,432 ordinary shares of Class A with ten votes each and 242,861,561 ordinary shares of Class B with one vote each (of which Kinnevik holds one (1) ordinary share of Class B in treasury); and
• 379,312 incentive shares of Class G 2019, 52,492 incentive shares of Class C1 2020, 303,180 incentive shares of Class C2 2020, 618,815 incentive shares of Class D 2020, 404,800 incentive shares of Class C 2021, 404,800 incentive shares of Class D 2021, 552,755 incentive shares of Class C 2022, 552,755 incentive shares of Class D 2022, 1,005,111 incentive shares of Class C 2023 and 1,005,111 incentive shares of Class D 2023, all with one vote each (of which Kinnevik holds 142,914 incentive shares of Class C 2023 and 142,914 incentive shares of Class D 2023 in treasury).

This information is of such character, which Kinnevik AB (publ) shall disclose in accordance with the Financial Instruments Trading Act (Sw. lagen (1991:980) om handel med finansiella instrument). The information was distributed for disclosure, through the agency of the contact person set out below, at 2023-05-31 08:00 CEST.

KINNEVIK AB (PUBL)

For further information, visit www.kinnevik.com or contact:

Torun Litzén, Director Investor Relations Phone +46 (0)70 762 00 50 Email press@kinnevik.com

Kinnevik's ambition is to be Europe's leading listed growth investor. We back the best digital companies for a reimagined everyday and to deliver significant returns. We understand complex and fast-changing consumer behaviours, and have a strong and expanding portfolio in healthcare, software, marketplaces and climate tech. As a long-term investor, we strongly believe that investing in sustainable business models and diverse teams will bring the greatest returns for shareholders. We back our companies at every stage of their journey and invest in Europe and the US. Kinnevik was founded in 1936 by the Stenbeck, Klingspor and von Horn families. Kinnevik's shares are listed on Nasdaq Stockholm's list for large cap companies under the ticker codes KINV A and KINV B.

Attachments

Increased number of shares and votes in Kinnevik

KINNEVIK AB (PUBL)