Cristina Stenbeck

Born: 1977

Nationality: Swedish citizen

Independence: Independent of the Company and management, not independent of major shareholders.

Direct or related person ownership: 15,918,123 Class A shares through Verdere S.à r.l. Cristina further indirectly holds 0.98 percent of the shares in Stegra as well as 0.74 percent of the shares in Vay, both Kinnevik portfolio companies

Committee work: Chairman of the People & Remuneration Committee

Other current significant assignments: -

Cristina Stenbeck has been an active investor in both public and private companies for 20 years. She first joined the Kinnevik Board in 2003, where she continued to serve for 16 years, including as Chair from 2007 to 2016.

Cristina has been a member of the Board of several listed portfolio companies within the Kinnevik Group and more recently as an independent director. She was Chair of Zalando from 2014 to 2016 before returning to the Board as Chair from 2019 to 2023 and Director of Spotify from 2017 to 2023. She holds a BSc. degree from Georgetown University.