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  "notes": "The slide provides a narrative breakdown of valuation adjustments for individual holdings (Spring Health, Budbee, Mathem, Oda, HungryPanda, Vivino, Jobandtalent) and sector-level benchmarking logic.",
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      "text": "The fair value of Kinnevik's 11 percent shareholding in HungryPanda amounts to SEK 511m... The fair value of Kinnevik's 11 percent shareholding in Vivino amounts to SEK 525m... The fair value of Kinnevik's 5 percent shareholding in Jobandtalent amounts to SEK 1,047m...",
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