This presentation and any accompanying discussion and documents contain information that includes or is based upon "forward-looking statements" within the meaning of the Securities Litigation Reform Act of 1995. These forward-looking statements are based on our current expectations, estimates and projections about our industry and our company, management's beliefs and certain assumptions we have made. The words “plan,” “anticipate,” “believe,” “continue,” “estimate,” “expect,” “intend,” “may,” “will” and similar expressions are intended to identify forward-looking statements. Forward-looking statements made in this presentation include statements about Recursion's use of the proceeds from its private placement, the initiation, timing, progress, results, and cost of our research and development programs and our current and future preclinical and clinical studies, the potential size of the market opportunity for our drug candidates, our ability to identify viable new drug candidates for clinical development and the accelerating rate at which we expect to identify such candidates, our expectation that the assets that will drive the most value for us are those that we will identify in the future using our datasets and tools, and many others. Forward-looking statements made in this presentation are neither historical facts nor assurances of future performance, are subject to significant risks and uncertainties, and may not occur as actual results could differ materially and adversely from those anticipated or implied in the forward-looking statements. For a discussion of factors that could affect our business, please refer to the "Risk Factors" sections in our filings with the U.S. Securities and Exchange Commission, including our most recent Quarterly Report on Form 10-Q. This presentation does not purport to contain all the information that may be required to make a full analysis of the subject matter. We undertake no obligation to correct or update any forward-looking statements, whether as a result of new information, future events or otherwise. Certain information contained in this presentation relates to or is based on studies, publications, surveys and other data obtained from third-party sources and the company’s own internal estimates and research. While the company believes these third-party sources to be reliable as of the date of this presentation, it has not independently verified, and makes no representation as to the adequacy, fairness, accuracy or completeness of, any information obtained from third-party sources. In addition, all of the market data included in this presentation involves a number of assumptions and limitations, and there can be no guarantee as to the accuracy or reliability of such assumptions. Finally, while the company believes its own internal research is reliable, such research has not been verified by any independent source. Any non-Recursion logos or trademarks included herein are the property of the owners thereof and are used for reference purposesonly. 2

3 Recursion’s value proposition 4 - 10 How we build maps of biology and chemistry to turn drug discovery into a search problem 11 - 16 How we create value using our maps of biology and chemistry 17 - 18 Pipeline 19 - 63 Partnerships 64 – 67 Data 68 – 69 Value driven by our team and our milestones 70 – 73 Additional scientific and business context 74 - 87

Novel oncology program (RBM39) to IND-enabling studies Advancing collaborations in Neuroscience (Roche-Genentech) and Fibrosis (Bayer): $13B in potential milestones across 50+ possible programs plus royalties Entered into agreements to acquire Cyclica and Valence to bolster digital chemistry and generative AI capabilities – providing TechBio’s leading full-stack drug discovery solution We believe that we have built one of the largest proprietary & relatable in-vitro biological and chemical datasets: >23 petabytes of data and >3 trillion searchable relationships 4 Expecting REC-3964 Ph1 readout in 2H 2023, REC-994 Ph2 top-line data in 2H 2024, and REC-2282 Ph2 interim analysis in 2024 Initiated 5 clinical trials in 2022 (3 Ph2, 2 Ph1) and planning to initiate a 6th clinical trial (Ph2) for AXIN1 or APC mutated oncology in early 2024

5 • Enhance the optimization of Recursion’s compounds for efficacy while minimizing liabilities • Rapidly advance the diversification and discovery of novel chemical matter • Enables mechanism of action deconvolution and generative chemistry • Enable acceleration of generative design of new molecules, DMPK predictions, and more • Combined data generation will support work on building foundation models • Will become a center for cutting-edge applied AI/ML research across chemistry and biology Expect no material change to Recursion’s cash runway, acquisitions using mostly equity Acquisitions will accelerate Recursion’s pipeline and partnerships (Toronto) (Montréal)