Klarna Group (KLAR) investor relations material

Opening remarks and agenda

• Meeting marked the first AGM since listing on the NYSE, with global participation both in-person and virtually.

• Quorum confirmed and meeting formally opened at 3:00 P.M. London time.

• Notice of meeting and all appendices were distributed and taken as read without objection.

Q&A with stakeholders

• Four pre-submitted questions addressed: merchant-consumer growth dynamics, importance of PSP partnerships, share price performance since IPO, and board compensation alignment.

• Merchant growth strategy leverages partnerships with major PSPs, resulting in a 50% merchant growth rate and reaching 1 million merchants.

• Share price volatility acknowledged; underlying business performance highlighted with 44% revenue and margin growth, and a swing to positive net income.

• Board compensation structured to align with long-term shareholder value, with equity-based rewards and options priced above current share price.

• No additional questions received from the floor, telephone, or online platform.

Financial performance review

• Q1 2026 saw strong growth: revenue and transaction margins up 44%, operating expenses up 3%.

• Consumer base reached 119 million, merchants surpassed 1 million, both up 49% year-over-year.

• Adjusted operating profits grew over 20-fold; net income turned positive with a $100 million swing year-over-year.