Snap Inc Results Presentation Deck

Operating Cash Flow and Free Cash Flow¹ (in millions, unaudited) FCF YOY Change Q2'19 $(96) $(8) $(103) 56% Q3'19 $(76) $(8) $(84) 47% Q4'19 $(67) $(9) $(76) 49% Cash Provided by (Used in) Operating Activities Q1'20 $6 $(11) $(5) 94% Numbers throughout presentation may not foot due to rounding. 'We 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. Q3'20 OPERATING CASH FLOW WAS $(55) MILLION, FREE CASH FLOW IMPROVED 17% YOY Q2'20 $(67) $(16) $(82) 20% Capital Expenditures Q3'20 $(55) $(15) $(70) 17% 14

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