Report

This remuneration report describes how the guidelines for executive remuneration of Kinnevik AB, adopted by the 2024 Annual General Meeting, were implemented during 2025. The report also provides information on remuneration paid to Kinnevik’s Chief Executive Officer and Board members (in addition to ordinary Board remuneration, if any), as well as a summary description of Kinnevik’s outstanding share incentive plans. The report has been prepared in accordance with the Swedish Companies Act and the Swedish Stock Market Self-Regulation Committee’s Rules on Remuneration of the Board and Executive management and on Incentive Programmes.