Kinnevik

The Annual General Meeting is held to:

• elect seven Board members and amongst them a Chair for a one-year term – Jan Berntsson, Claes Glassell and Maria Redin are proposed for re-election, Cristina Stenbeck, Camilla Giesecke, Henrik Lundin and Rubin Ritter are proposed to join as new Board members and Cristina Stenbeck is proposed as new Chair of the Board;
• resolve to approve a new instruction for the Nomination Committee;
• resolve to authorise the Board to resolve to repurchase own Class A, Class B and incentive shares;
• resolve on an offer to reclassify Class A shares into Class B shares; and
• address such other items as required at the Annual General Meeting under the Swedish Companies Act and the Swedish Corporate Governance Code.

The notice document, including the Board's and the Nomination Committee's complete proposals, is attached to this press release. The notice document is also available on Kinnevik's website at www.kinnevik.com under the heading "Governance" (which can be found under the section "Investor Relations").

Participation

Shareholders who wish to participate in the Annual General Meeting shall be recorded as a shareholder in the presentation of the share register prepared by Euroclear Sweden AB concerning the circumstances on Friday 2 May 2025 and give notice of participation no later than Tuesday 6 May 2025.

Participation at the meeting venue

Shareholders who wish to attend the meeting venue in person or by proxy must give notice of participation to Kinnevik no later than Tuesday 6 May 2025. Notice of participation may be given via Euroclear Sweden AB's website at https://anmalan.vpc.se/euroclearproxy, by telephone to +46 (0) 8 402 91 36, or by post to Kinnevik AB, "AGM", c/o Euroclear Sweden AB, P.O. Box 191, SE-101 23 Stockholm, Sweden. Shareholders shall in their notice of participation state their name, personal identification number or company registration number, address, phone number and advisors, if applicable.

If the shareholder is represented by proxy at the meeting venue, a written and dated power of attorney and registration certificate or a corresponding document for a legal entity should be sent to the address above well before the Annual General Meeting. A template proxy form is available on Kinnevik's website at www.kinnevik.com under the heading "Governance" (which can be under the section "Investor Relations").

Participation by postal voting

Shareholders who wish to participate in the Annual General Meeting by postal voting must give notice of participation by casting their postal vote so that it is received by Euroclear Sweden AB no later than Tuesday 6 May 2025. A special form shall be used for postal voting. The postal voting form is available on Kinnevik's website at www.kinnevik.com under the heading "Governance" (which can be found under the section "Investor Relations").

The postal voting form can be submitted either by email to GeneralMeetingService@euroclear.com, or by post to Kinnevik AB, "AGM", c/o Euroclear Sweden AB, P.O. Box 191, SE-101 23 Stockholm, Sweden. Shareholders may also cast their postal votes electronically through BankID verification via Euroclear Sweden AB's website at https://anmalan.vpc.se/euroclearproxy.

If the shareholder postal votes by proxy, a written and dated power of attorney shall be enclosed with the postal voting form. A template proxy form is available on Kinnevik's website at www.kinnevik.com under the heading "Governance" (which can be found under the section "Investor Relations"). If the shareholder is a legal entity, a registration certificate or a corresponding document for the legal entity shall be enclosed with the postal voting form. Further instructions can be found on the postal voting form and on Euroclear Sweden AB's website at https://anmalan.vpc.se/euroclearproxy.

Nominee-registered shares

To be entitled to participate in the Annual General Meeting, shareholders whose shares are registered in the names of nominees must, in addition to giving notice of participation, re-register such shares in their own name so that the shareholder is recorded in the presentation of the share register as of Friday 2 May 2025. Such re-registration may be temporary (voting rights registration) and can be requested from the nominee in accordance with the nominee's procedures in such time in advance as the nominee determines. Voting rights registrations effected by the nominee no later than Tuesday 6 May 2025 will be considered in the presentation of the share register.

Proposed agenda

The Board proposes the following agenda to the Annual General Meeting:

1. Opening of the Annual General Meeting.
2. Election of Chair of the Annual General Meeting.
3. Preparation and approval of the voting list.
4. Approval of the agenda.
5. Election of one or two persons to check and verify the minutes.
6. Determination of whether the Annual General Meeting has been duly convened.
7. Remarks by the Chair of the Board.
8. Presentation by the Chief Executive Officer.
9. Presentation of the Parent Company's Annual Report and the Auditor's Report as well as of the Group Annual Report and the Group Auditor's Report.
10. Resolution on the adoption of the Profit and Loss Statement and the Balance Sheet as well as of the Group Profit and Loss Statement and the Group Balance Sheet.
11. Resolution on the proposed treatment of Kinnevik's earnings as stated in the adopted Balance Sheet.
12. Resolution on the discharge from liability of the members of the Board and the Chief Executive Officer.
13. Presentation and resolution on approval of the Remuneration Report.
14. Determination of the number of members of the Board.
15. Determination of the remuneration to the members of the Board and the Auditor.
16. Election of Board members:
    1. Jan Berntsson (re-election, proposed by the Nomination Committee);
    2. Claes Glassell (re-election, proposed by the Nomination Committee);
    3. Maria Redin (re-election, proposed by the Nomination Committee);
    4. Camilla Giesecke (new election, proposed by the Nomination Committee);
    5. Henrik Lundin (new election, proposed by the Nomination Committee);
    6. Rubin Ritter (new election, proposed by the Nomination Committee); and
    7. Cristina Stenbeck (new election, proposed by the Nomination Committee).
17. Election of the Chair of the Board.
18. Determination of the number of Auditors and election of Auditor.
19. Resolution regarding approval of instruction for the Nomination Committee.
20. Resolution regarding authorisation for the Board to resolve to repurchase own Class A, Class B and incentive shares.
21. Resolution regarding offer to reclassify Class A shares into Class B shares.
22. Closing of the Annual General Meeting.