Klarna has launched its initial public offering of 34,311,274 ordinary shares, of which 5,555,556 ordinary shares are offered by Klarna and 28,755,718 ordinary shares are offered by certain selling shareholders identified in the registration statement on Form F-1 (the “Registration Statement”) related to the proposed offering. In connection with the offering, the selling shareholders have granted the underwriters a 30-day option to purchase up to an additional 5,146,691 ordinary shares to cover over-allotments. Klarna will not receive any proceeds from the sale of ordinary shares by the selling shareholders. The initial public offering price is currently expected to be between $35 and $37 per ordinary share. Klarna has been approved to list its ordinary shares on the New York Stock Exchange under the symbol “KLAR.” Goldman Sachs & Co. LLC, J.P. Morgan and Morgan Stanley are acting as joint book-running managers for the proposed offering; BofA Securities, Citigroup, Deutsche Bank Securities, Societe Generale and UBS Investment Bank are acting as bookrunners for the proposed offering; and BNP Paribas, Keefe, Bruyette & Woods, A Stifel Company, Nordea, Rothschild & Co, Wedbush Securities and Wolfe | Nomura Alliance are acting as co-managers for the proposed offering. The proposed offering will be made only by means of a prospectus.