Snap Inc Results Presentation Deck

Financial Guidance The following forward-looking statements reflect our expectations for the fourth quarter of 2019 as of October 22, 2019, and are subject to substantial uncertainty. This guidance assumes, among other things, that no business acquisitions, investments, restructurings, or legal settlements are concluded in the quarter. Our results are based on assumptions that we believe to be reasonable as of this date, but may be materially affected by many factors, as discussed in "Forward-Looking Statements & Non-GAAP Financial Measures." Q4 2019 Outlook • Revenue is expected to be between $540 million and $560 million, compared to $390 million in Q4 2018. Adjusted EBITDA is expected to be between breakeven and $20 million, compared to $(50) million in Q4 2018. ● 14

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