Kinnevik Ab Class A · OMXSTO:KINV_A

Kinnevik Ab Class A — Q4 2025 Earnings Presentation

4 slides from Kinnevik Ab Class A's earnings presentation, Jan 16, 2026

  1. Slide 1: Q4 2025 Pre-Silent Call

    Q4 2025 Pre-Silent Call Q4 2025 PRE-SILENT CALL 16 January 2026

  2. Slide 2: Several big milestones achieved during the quarter

    Q4 2025 PRE-SILENT CALL Several big milestones achieved during the quarter Capital Allocation & Key Events Q4 ‘25 Pre-Silent Call  Q4 ’25 investment pace largely in line with prior quarters, highly concentrated in one undisclosed investment to be announced no later than in connection with earnings

  3. Slide 3: Material broad-based peer multiple compression and continued currency depreciation combine to form valuation headwinds

    Q4 2025 PRE-SILENT CALL Material broad-based peer multiple compression and continued currency depreciation combine to form 15-20% valuation headwinds in the quarter External Valuation Drivers Q4 ’25 Development: Benchmarks for Core and Mature Companies 25th Quartile Average 75th Quartile Change % of

  4. Slide 4: Slide 4

Kinnevik — Q4 2025 Earnings Presentation on 6ix