Snap Inc Results Presentation Deck

YoY Change Free Cash Flow¹ (in millions, unaudited) Net Cash Used in Operating Activities Q1'17 $(155) $(18) $(173) (65)% Q2'17 $(210) $(19) $(229) (52)% Capital Expenditures Q3'17 $(194) $(26) $(220) 6% Q4'17 $(176) $(21) $(197) (5)% Q1'18 $(232) $(36) $(268) (55)% Q2¹18 Numbers throughout presentation may not foot due to rounding. ¹We define Free Cash Flow as net cash provided by (used in) operating activities, reduced by purchases of property and equipment. See Appendix for reconciliation of net cash used in operating activities to Free Cash Flow. $(199) $(35) $(234) (2)% Long-Term Goal - Optimize Free Cash Flow; Operating Cash Flow Improved 5% YoY 6

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