Sec Form 3 Filing - Reed Andrew Phillips @ Klarna Group plc - 2026-03-18

FORM 3 Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person Reed Andrew Phillips 2. Issuer Name and Ticker or Trading Symbol Klarna Group plc [ KLAR] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) X __ Director _____ 10% Owner _____ Officer (give title below) _____ Other (specify below) (Last) (First) (Middle) 2800 SAND HILL ROAD SUITE 101 3. Date of Earliest Transaction (MM/DD/YY) 03/18/2026 (Street) MENLO PARK, CA94025 4. If Amendment, Date Original Filed (MM/DD/YY) 6. Individual or Joint/Group Filing (Check Applicable Line) __ X __ Form filed by One Reporting Person _____ Form filed by More than One Reporting Person (City) (State) (Zip)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned 1.Title of Security (Instr. 3) 2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4) Code V Amount (A) or (D) Price Ordinary Shares ( 3 ) 32,644,255 I SEQUOIA CAPITAL GFIV SWEDEN, L.P. ( 1 ) ( 2 ) Ordinary Shares ( 3 ) 1,676,808 I SEQUOIA CAPITAL US GROWTH FUND IV, L.P. ( 1 ) ( 2 ) Ordinary Shares ( 3 ) 6,681,432 I SEQUOIA CAPITAL GLOBAL GROWTH FUND, L.P. ( 1 ) ( 2 ) Ordinary Shares ( 3 ) 241,128 I SEQUOIA CAPITAL GLOBAL GROWTH PRINCIPALS FUND, L.P. ( 1 ) ( 2 ) Ordinary Shares ( 3 ) 1,124,940 I SEQUOIA CAPITAL GLOBAL GROWTH FUND II, L.P. ( 1 ) ( 2 ) Ordinary Shares ( 3 ) 13,920 I SEQUOIA CAPITAL GLOBAL GROWTH II PRINCIPALS FUND, L.P. ( 1 ) ( 2 ) Ordinary Shares ( 3 ) 6,130,908 I SEQUOIA CAPITAL GLOBAL GROWTH FUND III - ENDURANCE PARTNERS, L.P. ( 1 ) ( 2 ) Ordinary Shares ( 3 ) 6,515,820 I SEQUOIA CAPITAL US/E EXPANSION FUND I, L.P. ( 1 ) ( 2 )

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities) 1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) 6. Date Exercisable and Expiration Date (MM/DD/YY) 7. Title and Amount of Underlying Securities (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4) Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares Klarna Group plc Options $ 40 ( 4 ) 09/11/2026 03/11/2031 Ordinary Shares 91,352 D

Reporting Owners Reporting Owner Name / Address Relationships Director 10% Owner Officer Other Reed Andrew Phillips 2800 SAND HILL ROAD SUITE 101 MENLO PARK, CA94025 X Signatures /s/ Jung Yeon Son, Attorney-in-fact for Andrew Reed 03/18/2026 Signature of Reporting Person Date

Explanation of Responses:

( 1 )The Reporting Person is a director and stockholder of SC US (TTGP), Ltd. SC US (TTGP), Ltd. is (i) the general partner of SCGF IV Management, L.P., which is the general partner of Sequoia Capital GF IV Sweden, L.P. and Sequoia Capital US Growth Fund IV, L.P. (collectively the GFIV Funds), (ii) the general partner of SCGGF Management, L.P., which is the general partner of Sequoia Capital Global Growth Fund, L.P. and Sequoia Capital Global Growth Principals Fund, L.P. (collectively the GGF Funds), (iii) the general partner of SC Global Growth II Management, L.P., which is the general partner of Sequoia Capital Global Growth Fund II, L.P. and Sequoia Capital Global Growth II Principals Fund, L.P. (collectively the GGFII Funds), (iv) the general partner of SCGGFIII - Endurance Partners Management, L.P., which is the general partner of Sequoia Capital Global Growth Fund III - Endurance Partners, L.P. (GGFIII), ( 2 )(continued from Footnote 1) and (v) the general partner of SC US/E Expansion Fund I Management, L.P., which is the general partner of Sequoia Capital US/E Expansion Fund I, L.P. (EXP I). The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of the securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or for any other purposes. ( 3 )In addition to the ordinary shares reported in this Form 3, the GFIV Funds, the GGF Funds, the GGFII Funds, GGFIII, and EXP I beneficially own a number of the Issuer's Class B shares equal to the number of ordinary shares so reported. Each Class B share is entitled to 10 votes per share. Class B shares are not transferable and are not exchangeable for or convertible into ordinary shares. Following certain transfers of interests in ordinary shares by holders of Class B shares or their affiliates, an equivalent number of Class B shares will automatically convert into deferred shares, which have no voting rights, are non-transferable and have no economic value. In addition, the Class B shares automatically convert into deferred shares in certain other circumstances as specified in the Issuer's organizational documents. ( 4 )Represents an option to acquire ordinary shares that vest in four equal annual installments starting from the first anniversary of the grant date.

Remarks: Exhibit List - Exhibit 24.1 - Power of Attorney

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