Spotify Results Presentation Deck

Consolidated statement of operations (Unaudited) (in € millions, except share and per share data) Revenue Cost of revenue Gross profit Research and development Sales and marketing General and administrative Operating (loss)/income Finance income Finance costs Finance income/(costs) - net (Loss)/income before tax Income tax (benefit)/expense Net loss attributable to owners of the parent Loss per share attributable to owners of the parent Basic Diluted Weighted-average ordinary shares outstanding Basic Diluted December 31, 2022 3,166 2,365 801 415 453 164 1,032 (231) 26 (86) (60) (291) (21) (270) (1.40) (1.40) 193,228,229 193,228,229 Three months ended September 30, 2022 3,036 2,286 750 386 432 160 978 (228) 102 (18) 84 (144) 22 (166) (0.86) (0.99) 193,077,334 195,988,834 December 31, 2021 2,689 1,977 712 253 340 126 719 (7) 20 (21) (1) (8) 31 (39) (0.20) (0.21) 191,952,473 192,144,654 Twelve months ended December 31, 2022 December 31, 2021 9,668 11,727 8,801 7,077 2,926 2,591 1,387 912 1,135 1,572 626 450 2,497 94 246 3,585 (659) 421 (132) 289 (370) 60 (430) (2.23) (2.93) 192,934,862 195,846,362 (91) 155 249 283 (34) (0.18) (1.03) 191,298,397 193,943,455 28

View entire presentation