WRLD Foundation

The Company made charitable contributions of $2.3 million in 2025, $3.8 million in 2024 and $5.5

million in 2023 to the WRLD Foundation, a registered nonprofit organization in the United States and

Sweden. Nina Siemiatkowski is a board member of the WRLD Foundation. The WRLD Foundation

distributes all contributions received from Klarna to underlying recipient organizations that have been

sourced and vetted by Milkywire as part of Klarna's planet health initiative; the identity of all recipient

organizations has been reported to Klarna. These contributions were approved by the board of directors,

with Mr. Siemiatkowski recusing himself from the related deliberations and approval.

Compensation to the board of directors and senior management

The table below summarizes the compensation paid or payable to the board of directors and senior

management. The increase in total compensation from $14 million in 2023 to $99 million in 2025 principally

reflects the introduction of equity-based compensation programs at the Klarna Group plc level in

connection with the Company's initial public offering. The amounts reported for fixed and variable equity-

based compensation represent grant-date fair values calculated in accordance with IFRS 2 and do not

represent cash compensation paid to, or value currently received by, the recipients. A significant portion

of the equity-based compensation reported in 2025 relates to awards with exercise prices substantially

above the current share price, as further described in Note 22 and in Item 6:


Salaries and other remuneration to the board and senior management	2025	2024	2023
Basic salary/fee ................................................................................................	$13	$13	$10
Fixed equity-based compensation ...............................................................	36	32	—
Variable equity-based compensation ..........................................................	48	18	1
Other variable-based compensation ............................................................	1	1	2
Other benefits ...................................................................................................	1	1	—
Pension expenses .............................................................................................	1	1	1
Total .....................................................................................................................	$99	$65	$14

In December 2024, the Group granted 216,468 ordinary shares and 400,065 share options to certain

members of senior management. The shares were granted by the board of directors of Klarna Group plc

and were accounted for as equity-settled share-based payments.

During 2025, the Group granted 108,960 ordinary shares and 8,834,736 share options at a weighted

average exercise price of $104 to certain members of senior management. Additionally, the board of

directors, acting on the recommendation of the Remuneration and Nomination Committee, granted options

to acquire 17,505,672 Class C shares to Mr. Siemiatkowski, and amended the terms of options previously

granted to Mr. Siemiatkowski in the fourth quarter of 2024 to allow for such options to be exercised into

2,941,236 Class C shares (or 1,470,618 ordinary shares); this amendment did not reduce the exercise price

of the underlying award. Two Class C share options entitle the recipient to either one ordinary share or two

Class C shares, at Mr. Siemiatkowski's election. The weighted average exercise price, expressed as the

equivalent of one ordinary share, is $91.8, representing a significant premium to the initial public offering

price of $40.00. As of the date of this report, the share options granted to both senior management and

Mr. Siemiatkowski remain substantially out of the money. The options vest over a four-year period.

The shares and options described above were granted by the board of directors of Klarna Group plc,

acting on the recommendation of the Remuneration and Nomination Committee, and were accounted for

as equity-settled share-based payments, with the related expense recognized over the applicable vesting

periods in accordance with IFRS 2 based on grant-date fair values.

During 2025, the Company, through its indirectly wholly owned subsidiary, Klarna Bank AB,

repurchased an aggregate of 1,267,752 warrants as detailed in Note 22 – Share-Based Payments. Of the

total repurchased warrants, 17,500 were held by members of the Company’s management team.