Kinnevik redeems 793,046 incentive shares after performance targets go unmet

• Kinnevik’s board today resolved to redeem 793,046 incentive shares issued under its 2021 long-term incentive plan.
• The redemption covers all outstanding 396,523 Class C 2021 incentive shares and 396,523 Class D 2021 incentive shares.
• Performance conditions were not met during the period from October 1, 2021, to September 30, 2026.

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