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22 Apr 2024, 11:00 am Regulatory information

Redemption of incentive shares in Kinnevik

Kinnevik AB (publ) ("Kinnevik") today announced that the Board has resolved to redeem a total of 718,314 incentive shares issued under Kinnevik's long-term incentive plans for 2019 and 2021-2023.

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18 Apr 2024, 8:00 am Regulatory information

Kinnevik’s Interim Report 1 January – 31 March 2024

”With Kinnevik’s divestment of its entire stake in Tele2 to iliad/NJJ announced in the first quarter, we are completing our strategic transformation to a growth-focused investment firm that we commenced some six years ago. Our Board of Directors has decided to recommend a SEK 6.4bn extraordinary cash distribution, providing shareholders a significant yield while ensuring that Kinnevik has the financial strength and flexibility to capture the many opportunities that will arise over the coming years. Against a stabilizing market backdrop, our core growth companies continued to grow and improve profitability. However, WBA’s impairment charge related to VillageMD goodwill impacted NAV negatively in a meaningful way in the quarter.”

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