Spotify Results Presentation Deck

Reconciliation of IFRS to non-IFRS results Revenue on a constant currency basis (Unaudited) (in € millions, except percentages) IFRS revenue Foreign exchange effect on 2022 revenue using 2021 rates Revenue excluding foreign exchange effect IFRS revenue year-over-year change % Revenue excluding foreign exchange effect year-over-year change % IFRS Premium revenue Foreign exchange effect on 2022 Premium revenue using 2021 rates Premium revenue excluding foreign exchange effect IFRS Premium revenue year-over-year change % Premium revenue excluding foreign exchange effect year-over-year change % IFRS Ad-Supported revenue Foreign exchange effect on 2022 Ad-Supported revenue using 2021 rates Ad-Supported revenue excluding foreign exchange effect IFRS Ad-Supported revenue year-over-year change % Ad-Supported revenue excluding foreign exchange effect year-over-year change % Three months ended June 30, 2022 2,864 191 2,673 23% 15% 2,504 153 2,351 22% 14% 360 38 322 31% 17% June 30, 2021 2,331 2,056 275 Six months ended June 30, 2022 5,525 292 5,233 23% 17% 4,883 236 4,647 22% 17% 642 56 586 31% 19% June 30, 2021 4,478 3,987 491 30

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