Increased number of shares and votes in Kinnevik
The increase is due to a new issue of 2,671,110 reclassifiable, sub-ordinated, incentive shares of Class C1 2024, Class C2 2024, Class D1 2024 and Class D2 2024, which have been transferred directly or indirectly to participants in Kinnevik's 2024 long-term incentive plan in accordance with the resolutions by the Annual General Meeting.
As of 31 July 2024, the shares in Kinnevik are divided into two classes of ordinary shares and eleven classes of incentive shares as follows:
- 33,755,432 ordinary shares of Class A with ten votes each and 243,217,233 ordinary shares of Class B with one vote each (of which Kinnevik holds one (1) ordinary share of Class B in treasury); and
- 618,815 incentive shares of Class D 2020, 396,523 incentive shares of Class C 2021, 396,523 incentive shares of Class D 2021, 541,505 incentive shares of Class C 2022, 541,505 incentive shares of Class D 2022, 855,137 incentive shares of Class C 2023, 855,137 incentive shares of Class D 2023, 267,111 incentive shares of Class C1 2024, 1,068,444 incentive shares of Class C2 2024, 267,111 incentive shares of Class D1 2024 and 1,068,444 incentive shares of Class D2 2024, all with one vote each (of which Kinnevik holds 52,311 incentive shares of Class C1 2024, 209,244 incentive shares of C2 2024, 52,311 incentive shares of Class D1 2024 and 209,244 incentive shares of Class D2 2024 in treasury).