Snap Inc Results Presentation Deck

Operating Expense¹ (in millions, unaudited) Research and Development SBC-Related Expense D&A Expense Total $82 $29 $24 $29 Sales and Marketing Q2'16 $5 $6 $11 $110 $39 $33 $38 General and Administrative Q3'16 $15 $7 $22 $166 $64 $47 $55 Q4'16 $7 $9 $16 ¹Excludes stock-based compensation expense and related payroll tax expense (SBC-Related Expense) and depreciation and amortization (D&A Expense). $196 $62 $56 $78 Q1'17 $1,993 $11 $2,004 $229 $74 $69 $86 Q2'17 $240 $10 $250 8

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