Spotify Results Presentation Deck

Monthly Active Users (MAUS) Total MAUS grew 26% Y/Y to 574 million, up from 551 million last quarter and above our guidance by 2 million. Quarterly performance versus our guidance was impacted by: Sustained double digit Y/Y growth in all regions Outperformance in Rest of World and Latin America Continued performance marketing efficiencies ● ● Spotify 16% 22% 27% 35% Q3'19 19% Rest of World 22% 25% 34% Q3'20 21% 22% 24% 34% Q3'21 Latin America 26% 21% 22% 31% Q3'22 North America 31% 21% 19% 28% Q3'23 Europe 14

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