Snap Inc Results Presentation Deck

Diluted Net Income (Loss) Per Share & Common Shares Outstanding Plus Shares Underlying Stock-Based Awards (in millions, except per share data, unaudited) DILUTED NET INCOME (LOSS) PER SHARE ¹ Q4'20 $(0.08) Q1'21 $(0.19) Q2'21 $(0.10) Q3'21 $(0.05) Q4'21 $0.01 Q1'22 $(0.22) YOY Change YOY Change excluding exchange shares³ COMMON SHARES OUTSTANDING PLUS SHARES UNDERLYING STOCK-BASED AWARDS Common Shares Outstanding 1,630 126 1,503 Q4'20 3.4% 3.4% 1,629 110 1,519 Q1'21 2.6% 2.6% 1,681 104 1,577 Q2'21 4.0% 1.7% Shares Underlying Stock-Based Awards² 1,708 75 1,698 93 1,605 Q3'21 4.6% CONTINUED RESPONSIBLE MANAGEMENT OF FULLY DILUTED SHARES OUTSTANDING 1.3% 1,702 83 1,619 Q4'21 4.4% 1.2% ¹Diluted net loss per share is calculated using weighted average shares outstanding during the period. Diluted net income per share in Q4 includes 64 million shares in excess of weighted average shares outstanding during the period primarily related to unvested or unexercised stock-based awards. 2Shares underlying stock-based awards include restricted stock units, restricted stock awards, and outstanding stock options. ³YOY change in Q2 2021 excludes approximately 38 million shares, while YoY changes in Q3 2021, Q4 2021 and Q1 2022 exclude approximately 52 million shares issued as part of the induced conversions of convertible notes. Numbers throughout presentation may not foot due to rounding. 1,633 Q1'22 4.8% 1.3% 13

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